Worldcore Payment Institution Announces ICO

European payment company Worldcore announced an initial coin offering (ICO), as part of its wider expansion plans. The company plans to become a world financial leader by integrating its payment solution into the blockchain sector of the economy.

Worldcore’s ICO starts on Oct. 14, 2017. A maximum supply of one billion WRC tokens valued at $0.10 each will be available for purchase by participating investors. WRC tokens will be backed by smart contracts guaranteeing annual revenue share from a well-established, rapidly growing business.

Since its launch, Worldcore’s potential and popularity have been recognized by multiple fintech events in the European union. The company won the “Best Fintech Newcomer” Banking Award from Business News Europe in 2016. The same year, the company partnered with BitPay and now offers cryptocurrency withdrawal solutions to thousands of customers around the world.

Driven by its mission to revolutionize the fintech industry, Worldcore will gradually integrate blockchain products to its established portfolio. Such products will include a regulated blockchain powered P2P lending platform; a blockchain-based cash transfer payment platform for easy and instant conversion of cryptocurrencies into cash and vice-versa; Worldcore TV; and transformation into a Swiss bank.