FAQ-About
Q: What is the goal of Wyveron coin?
A: Creating an investment model in which the value of an asset is supported by real assets.
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Q: Why do we think it's time to create such an asset?
A: This idea matured more than a year ago, but at that time the society was not ready to accept it because of lower profitability in comparison to other node coins. When the prices of all coins have collapsed and most investors have lost tens of percent of their invested funds, we believe that the time has come now.
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Q: What is the value of Wyveron coin?
A: All the funds exchanged for Wyveron coin is invested in profitable assets of the real sector. The part of fixed capital and all the income received will be used to support the value of Wyveron. Thus, all Wyveron coins are largely backed by US dollars.
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Q: What assets do we invest in?
A: The main asset is Forex trading with low risks, shares of large companies and some futures.
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Q: Will we report on investments and income?
A: I can say for sure that the basic information will be published in the public domain.
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Q: If I buy a coin, what income will I get?
A: We expect an income of 2.5% per month or 30% per annum in the real sector. The income in coins may be greater due to the support of value.
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Q: What advantages does buying coins on pre-sale give?
A: First is the non-disposable help to the project
, second is to receive income from the start of trading on the stock exchange, third is the preferential right to sell coins at the purchase price.
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Q: What exchange will Wyveron coin be traded on?
A: I suggest to resolve this issue together, but there are two conditions:
1) Exchange should not be blocked in any country.
2) There should be no mandatory verification for the users.
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Q: Do we plan to create additional tools, for example, forums, apps, stores, exchange service, etc.?
A: No. I have never seen that additional tools could save a depreciated coin. I think only real support can create real value.
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Q: If the price of Bitcoin drops a lot, how will it affect the value of Wyveron?
A: No matter. The Wyveron price is only pegged to $.
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Q: Why don't we make a different pledge and a table of awards?
A: Because the profitability depends more on investments in the real sector than on the awards of the masternode. In this case reward table is simply not needed.
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Q: How will we regulate profitability?
A: Profitability will be regulated by the number of masternodes. For these purpose, reward for staking is made very low.
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Q: Why do we need a premine?
A: The premine will be used to maintain network security (consensus voting), and to regulate the level of income.
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Q: What will happen if there are a lot of masternodes and the profitability falls below real incomes?
A: The price of the coin will simply rise.
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Q: What makes Wyveron unique?
A: No project has ever had the intention to spend real money on buying coins. Many promised to do it, but they never did. And it's logical, because when a coin is on the verge of collapse, it takes a lot of money to change the situation, but no one has that money anymore.
Therefore, we decided to focus immediately on matching the number of coins with real assets.