Dai junjun, Founder Of WMCoin Interviewed By Popular Chinese News Site BTCSIDE.com

BE INTERVIEWED BY BTCSIDE （04-15-2016）
Original link: http://www.btcside.com/new/detail/4393  ( Original Chinese Story from btcside.com )
Translated To English By：sesiah
This post copied from Sesiah’s blog at http://wmcoinblog.wordpress.com/2016/05/20/first-blog-post/

[Interview] WMCoin –the world’s dark horse reproducing digital currency – the micro- currency alliance founder Dai junjun Interview

[Details ] Late last year, the development of digital currency in China begun to accelerate, what affects the news media are not only the digital currency the central bank plans to issue, but also a large number of virtual currency speculation, many investors and encrypted digital currency enthusiasts sought after speculation of their result.

But most of the digital money tends to stay in pure speculation and digging misappropriating “cottage credit ” monetary is a low level of development in the true sense , is often of a typical feature : a “low cost “, ” low quality ” ” low marketing .”

While most of the cottage credit code is just a string of worthless bunch of code, but the area is also popping up some really valuable projects. These projects either have a certain ability to innovate block chain, or to suck money from traditional industries and emerging digital technology combine to culture than the project’s industry more competitive the original model .  Today, we invite the protagonist is entrepreneurial people digital currency Nuggets a veritable field. He was a young man , the typical life with love, love the game , love bitcoin , but also a very experienced investor good at Bitcoin invest ; also he is so friendly, has friends all over the world .

Well, do not guess, then there please – Microfinance Union founder Dai Junjun (hereinafter referred to as Dai ) .

BTCSIDE : Am very honored to be invited to BTCSIDE, So,could you introduce yourself?

Dai: It should be said, I am honored to be a guest to BTCSIDE, l am not diffrent from any 80s or 90s young man, I like home , like online games, like making friends with everyone and, of course, like all good things, in particular, Bitcoin is a digital currency as a representative . Here today, but also learn the purpose of communication purposes, and would like to know more friends in this community.

BTCSIDE:After introduced yourself, could you introduce your company?

Dai: The company has been registered, the name is very popular, called “World Monetary Union“, registered capital of 500 million cny, the main business includes ” information technology services, content and other digital products, ” WMCoin is the first release of the Union products,it will be our future focus on the future development goals, the company will focus on business as may want to expand.

BTCSIDE: There is a question, For you really like Bitcoin, then how could you create a new digital currency?

Dai: This question makes me tangled for a long time,aha, in the minds of most people , Bitcoin is like a classic work of art and can not be a little modified , no one can profane it, even to the point where only the arm’s length. This is one of the most typical case that all kinds of trouble Recently dispute around Bitcoin XT and Classic Bitcoin problems caused uproar, and I am not optimistic about the Classic version of the program, which probably also represents a number of Bitcoin enthusiasts and developers of consensus opinion.

In fact, before, we have been trying to make Bitcoin applied to many life situations, but when we tried to access a variety of applications of Bitcoin , we find that there are some restricts, it does not solve the current problems, these problems restricted the development of various types of applications, I am afraid that Bitcoin is one of the best collections of tools and a store of value, rather than a medium suitable for a wide range of applications. Because of these factors led us to select a fallback means that the issue of a more suitable application access the digital currency, accomplish the goals which Bitcoin can’t completed.

BTCSIDE: It was reasons of WMCoin creation? So, what are the characteristics about WMCoin?

Dai : The current (WMCoin) is still in the first stage , realistically speaking , now it has not been much of a breakthrough in technology, just an ordinary algorithm of digital currency, but we have developed a set of development improvement programs, we’ll be late to develop depth , not only shall we add mobile clients, but also has built-in digital display currency trading market, and even customize a variety of interesting and fun games on your wallet, as well as to center social features.  However, these are not applied to the center of our flagship product.

Micro One of the most important direction of development credits or credits to expand the application beyond the ring, I ‘m happy to tell you a message, that is WMCoin has been accepted by the Asia’s top entertainment gaming platform BBIN. In the future, WMCoin will also work with more strong excellent business platform to carry out a more valuable cooperation projects; in addition, there is an important micro- Union area is the Union of micro shops and online mall project, which is micro Union in the future focus on the development one direction, in fact, now has a large number of derivative with our intention to achieve a win-win cooperation.

BTCSIDE: Well, WMCoin will be launched in which way? With the currently most popular crowdfunding model?

Dai : We have done a crowdfunding, and only a relatively small share of the release of micro- credits union release issued in March, when we do release a small-scale publicity release will account for 5% of the Covenant micro credit, however , since the channel credits may have a circle of friends, it is difficult to know the news. Prior to this to help a bit, so that more money is a rare opportunity to know a friend session League microcredit, and in this to express my gratitude. Before coming here, I carried out today by our team communication, ready to restart again crowdfunding plans and programs, and I am here to briefly explain it .

The next phase micro credits crowdfunding League :

Share : about 50 million micro credits union (5 % of the total ) ;

Currency Price : single gold coin price 0.01 CNY ( same with the previous price ) ;

Cycle : to be determined ;

Minimum goal : to complete 80% of the crowdfunding GOAL ;

Bonus: the first one hundred investors, an additional 5% bonus in wmcoin ;

BTCSIDE: Why release only 10% of the total amount of funds?

Dai: We have been asked the question many more times , let me explain , because the main goal is the largest application Coins in the world, so as a reward ready to share third-party applications to access the money they did not have, or as a reserve currency for free to sent to Some businesses. For example , we say, in front of BBIN, then this is a great gaming platform, they usually have a large coin pool to ensure the players could play games smoothly on the platform, more fun game. In this case,to help them start-up the platform, we need to give them a lot of coins to support.

Of course, we may also be adjusted based on the actual amount of crowdfunding situation .

Another point is that the main purpose of the coin is we must not ring crowdfunding ” to raise money , ” but the value of talent and popularity of currency circulation, which is what we want , it can be said to dig it up resource scarcity.

BTCSIDE: So is justified Kazakhstan. The current negative phenomena currency circle, such as “after the owner and his sister make money suddenly ran away, ” and how to evaluate the overall wear ?

Dai: For a variety of negative news, is not uncommon, in fact, nothing as good evaluation, because many people actually know even jump pit, it is difficult to assess micro credit but worried in terms of the monetary union, investors, is not necessary.  We are fully in accordance with the corporatization process and system to regulate the operation of the project is completely dispel the concerns of investors, but also to make them most drastic. In fact, it is precisely because of adverse events used to seeing all kinds of misappropriating on foot side; I feel the need to do some changes.

BTCSIDE: Is WMCoin in the future development planning other aspects of it ?

Dai: the company’s strategic planning is not fit to reveal too much, in fact, really do not want to disclose now that we will soon have a next project acquisition, ha ha. Want to learn more about it, please also pay attention to our website announcement it:

http://www.wemcoin.com , Also you can join our qq group: 553 874 699, I will be face to face with you.
END