October of 2017 will see the launch of the Worldcore ICO as the EU-regulated payment institution plans its expansion to provide a fully digitalized ecosystem, blockchain asset trading, a P2P lending platform and Blockchain-based international cash money transfers. Based in Prague, the company provides an alternative to banks by combining features of modern banking with new technology. The brand is owned and operated by EUPSProvider s.r.o., a company licensed by the National Bank of Czech Republic.

In total, a maximum supply of one billion WRC tokens will be available for purchase at $0.10 USD each, starting on the 14th of October. A presale phase with a minimum purchase of 500,000 tokens starts on October the 2nd. The funds raised during the ICO will be utilized for the development and promotion of the digital bank’s blockchain project.

WRC tokens will be backed by a Smart Contract guaranteeing annual revenue share. By integrating its payment solution into the blockchain sector of the economy, it hopes that WRC tokens will become key to future financial endeavours. CEO Alexey Nasonov envisions exponential development for the European Payment Institution.

The company has previously won the ‘Best Fintech Newcomer’ Banking Award by Business News Europe. Last year, the company partnered with BitPay, and now offers crypto-currency withdrawal solutions to customers around the world. Worldcore has also become a National Finalist of Central European Startup Awards 2017.

Driven by its mission to revolutionize the fintech industry, the digital institution aims to gradually integrate Blockchain products to its established portfolio. These will include a regulated blockchain powered P2P lending platform, a Blockchain based cash transfer payment platform for instant conversion of cryptocurrencies into cash and vice-versa, Worldcore TV and transformation into a Swiss bank with further IPO on the London Stock Exchange.

Nasonov remarked: “We became the №1 company in the Czech Republic and I am sure that in the next 2 years we will enter the top 20 in Europe. Worldcore’s ICO is a history in the making . By buying WRC tokens, you will make history and earn with us as well.”