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🎙 WOW EARN Exclusive AMA - The Future of WOW EARN 🎙
Recorded: March 14, 2025 Duration: 0:37:45Space Recording
Short Summary
The project is navigating challenges such as a Twitter account hack and market downturns by postponing its pre-sale to ensure effective communication and security. Multiple security audits have been conducted to strengthen the platform's defenses. The launch of a new WowChat version on Android and iOS introduces additional features, while future updates aim to simplify fund transfers. The introduction of a community-driven mascot is part of an innovative branding strategy. Despite market declines, the project remains focused on growth, leveraging BNB's strong performance and planning strategic community events.
Full Transcription
Hello, check my name.
Just a thumbs up.
Hello.
Check.
Okay, great.
I think everyone can hear me now.
So let's just wait for a couple of moments and then we can get started.
Yep.
Okay, let's get started, everyone. So hello, wow, and once again, we are thrilled to have you here for today's AMA. We know you have been eager for updates. And we are here to clear things up with you. Share some exciting news. And as always, engage directly with our incredible community and Wow Army.
So today we will be covering multiple things.
First thing will be what happened to Wow,
official Twitter account and what our recovery efforts.
The second part is the pre-sale postponement.
So what will what we will be doing about the pre-sell now?
Then we will talk about market term and a good thing.
Is it a kind of a good thing for a long term?
Is it kind of a bad thing?
So we will also discuss that part.
The third thing we will discuss is the strength of our community and how amazing you are.
Because from the day it happened, I think we will, like we have changed so many things from that hack.
It was really unfortunate, but the community is holding really strong.
And thank you, first of all, for all of your efforts, all of your help and all of your positivity.
That kind of got us one more extra hand in terms of help.
Then we will talk about WowChat.
There are some updates happening at the moment, and there were some updates in last week as well.
We'll also talk about that, and there is something exciting and really surprise for all of you guys at the end.
So we will also discuss about that.
So I guess without further ado, we can get started.
So let's start with the first point, the Twitter account hacking incident.
We know many of you have noticed our main Twitter account was compromised recently.
Wow and ENG is still hacked and our team has been working with Twitter support to recover it at the moment.
In the meantime, we have set up Wow One official as our official communication channel because it's not verified and verification process for Twitter is around three to five days.
We are still kind of in the process of setting it up and getting it outside of the shadow ban.
So hopefully that will be done within this week.
Then we have a nice security reminder for all of you.
So be careful of fake announcements, scam DMs, and any unofficial link.
always verify information in our telegram and official website before you just see it on any of the socials.
So there were no official loss of funds and those community members who fell for the scan,
we have reimbursed and one is to one and you'll be able to see the details of
those reimbursement and us returning the funds in our recent last post.
It was just a minor setback for us, but I'm really happy to see that community is holding.
Then when we are thinking of this Twitter hack, like what exactly are the majors that we are taking in terms of the recovery efforts?
So right now we are in communication with Twitter support, and they have been
unresponsive for a couple of days, but just yesterday they gave us some nice hope where they initiated communication and they initiated the
kind of they are helping us to recover this account at the moment. We have already submitted our case as well as the proof of hacking.
So hopefully this will be done within next couple of days.
If we don't get that account back, then we still have our official as our main account.
That is getting verified as we speak.
Then pre-sell postponement, what it means?
So basically, we have had to make a strategic decision to postpone the pre-sell slightly
because without a huge social media support, because we had around 150,000 followers on our official Twitter handle and
Without it, our community is scattered across multiple platforms,
which is kind of restricting us to communicate with each and every one of you.
And as you know, without proper communication, any kind of fundraise or anything would be a massive mishap.
Like, we don't want anyone to miss the pre-sail.
And that's just the one thing that can happen.
The second part could be some scammers might take a, like they can create fishing links,
they can create scam links, and some people might feel like a fall for it because they might see,
okay, the pre-sell is live, but they can't see where. They don't have official Twitter where they
can go and see the pre-sell. So that's why we made a strategic decision to postpone the pre-sell
slightly. So let's talk about why this is a kind of like a positive move. So
We really believe in security and trust fund first.
So security and trust is the most important aspect of any other project.
And in terms of security and in terms of trust, we have audited ourselves multiple times.
So first audit was done by a company called Hacken, which is one of the top companies for security audits.
So our mining smart contract is audited by Hacken.
Then we went to Certic for our second audit.
Second is number one, smart contract auditing company.
And the third one, the third audit we did, was with solidproof.io, which is German security company.
We did audit and as well as KYC for them.
So we have a gold KVIC registration and we have received a gold KYC from them,
which is a highest standard that you can find in the market for KYC.
What does gold KWIC mean?
It simply means we have given them and became transparent with every single information that they need to do our KYC.
In the market right now, if you see, if you open 100 projects out of that, none of them are having the KYCs.
But just for showing our community the support as well as the security that we are applying for this project, we decided to have the KYC as well.
So our third third smart audit was done with the KYC by Solidproof.
And with the Twitter account issue, we want to ensure the strong communication channel before any major events.
We don't want anyone to fall for those camps again.
We don't want anyone to be stuck with their funds gone.
And okay, this time the hack was big, but the funds lost was something that we could have managed.
Like in terms of our app security, in terms of our platform security, it's unpenetrable.
Like we have been in this market for more than two, three years.
And we have had many such hacking incidents where people were trying to hack, but we as a secure, like our security is top notch.
So they were unable to penetrate even the first layer.
So this delay kind of allows us to build even more on our approach.
So we can build up more hype.
We can get more marketing out and bring in more strategic investors.
On the day itself, if you are really really family with like a crypto and if you are doing trading each and every single day.
So on the date of the pre-sell itself, it was quite unfortunate that whole crypto market fell on 10th of March.
On 10th of March, the Alt-Quain Seasons Index was at all-time low, which was 16,
and the market cup was just one trillion.
So more than $2 billion were wiped out from the market on the same day.
That might have been a really bad thing for pre-sell in a way.
So after the hack, in four hours, markets started dropping.
And we are still looking at like Bitcoin going to all time low in the last couple of days.
So right now Bitcoin is at 83,000.
Ethereum is at 1900.
BMW is kind of holding strong at the moment with $580 as a price for per BMW coin.
So as we are launching on BSC chain, the BNB will be.
So BNB being strong is kind of like an upper hand for us as well.
So when we are thinking of this new launch, we are still strategizing,
like we are still making ways for us to get with you properly.
And we are trying to get our account back at the moment.
In the meanwhile, we are also doing, we will be also doing kind of nice community events in next some months.
So extra time means more exclusive events, more rewards, more widely sports and potential bonuses for early supporters.
We haven't done this in the past.
Like for next few events, we will give out extra bonuses on the pre-sell participants.
So if you are an investor, if you are looking to invest in Wow, Earn,
and if you also participate in these events, and if you become a winner,
then you will also get 1 to 10% of the total bonus of the amount that you have invested in the pre-celled.
So it's just kind of like a good move in this case,
because there are not too many things that we can do strategically.
We are still trying to focus and gather our community around.
Right now, Wow, one official account has around more than 400 followers at the moment.
But oh, it's getting closer to 500 right.
So which is a kind of good news. Like, okay, we are seeing like, okay, our community is holding strong.
Our community is there to support us. Our community is there to kind of give us all of the support that any project needs.
So despite challenges, the WOW Army has proven its strength.
So let's talk about why this project, the VOW earn, is built different.
So we have had unshaken support from all of our holders and supporters.
So from Telegram, Discord, Wow Chat engagement,
as well as our app engagement.
Unlike other projects, we are transparent and adaptable.
So this minor setback is temporary
and we are looking at a very long-term vision.
We're talking about like a wow chat.
So new version for Android and iOS was out last time.
So the launch happened on Android.
I think many of you saw that.
And there were some extra features as well for the wow chat.
So this was kind of like a big news.
Our wow chat just got even better.
And with all new Android version now becoming available.
So if you are using an Android and if you haven't seen the Wow chat on your Android phone,
just go and update your wallet and you will be able to use WowChat within your wallet and within your app.
So what are the things that are coming next?
Like what we are going to do when we are thinking of like doing this pre-sale,
like making sure the community is attentive, making sure the market is very strong.
So like if I am to talk about the market, so like we have top panelists in the market that are helping us
with the dates and everything for the Brazil.
And we have been doing it quite strategically.
So when we are thinking of
Like how should the market react or how will the market react?
We are mostly thinking of multiple things.
So right now, there is a fear and grid index.
Right now, at the moment, it's at 18.
Yesterday, it was at 21.
Last week, it was at 30.
And last month was 38.
The extreme greed is considered to be around 91 and extreme fear is considered to be around 15.
Around March of 2024, there was extreme greed.
But after that, this year's yearly low was on March of 2025.
So March 11, 2025, just one day after our pre-sale, we saw extreme fear in the market,
where fear and grid index going below 15.
which never happened before in the in last one year.
And if you go on coin market cap,
if you go on any other any other apps as well or platforms as well.
So from July 2023,
we have been looking at this market and we haven't seen
what happened on in the market on March 11th for quite a while.
So let's say we are not Bitcoin investors.
Everyone here is a alt-coin investor and Wa-1 is also an alt-coin.
So Bitcoin's season has been dominating this market for quite a while.
With Trump's announcement, having a strategy reserve and everything, Bitcoin was holding strong around $90,000, $95,000, $100,000.
But on this dump, the Bitcoin season also got lowered around 14th.
So yesterday it was at 15th, last week it was 14th, and last month was 35.
So on March 12th, it was 13, 13, 1.3, which was really, really bad.
It was the lowest in the market since, like, it was yearly low.
And last yearly high was on December 4th, where it was 87th.
When we are looking at this market, when we are looking at these stats and everything,
the alt-coin season, when an alt-coin season is getting considered, like, when is the
alt-coin season? When the old-coin index is around 75-200, we call that as alt-coin season.
But right now, the season index is around 14, which is like,
70% lower than what we needed to be.
So that's one of the reason why we are kind of waiting for proper market news.
Even though all of the governments, officials, institutions are buying up all of the charts.
They are kind of like holding their bag, making more and more for themselves.
We also saw regular...
stock markets or any other market is also getting down. So if you are looking at SNP or anything else, everything is down at the moment. Like Tesla stock is at like a 5 to 10% discount at the moment. Gold is also going down. So
Money is getting wiped out of the market.
Of course, someone is making money.
But we went from $3.2 trillion to $2.7 trillion in just one month.
It's just last one month.
So from February 24th to March 14th today, more than $1 trillion was wiped out of the market.
From just the crypto market, I'm not talking about the general stock market.
Each country have their own stock markets, and every country stock markets are dropping down.
But when we are looking at top 100 coins on CMC, so in last 24 hours, we have seen some confidence there.
Like in last 24 hours, it's up by 0.32%.
So we are thinking that in next couple of days,
even though the Bitcoin, like when we are thinking of,
like constituents of all of the top hundred coins
that are available in the market,
BTC is holding at 67%,
Ethereum is at 9%
XRP 5.55% BMB at 3.4%,
Saurana at 2.64%.
And then there is Doge, TRX, Leo, Link,
and many other projects.
So these kind of things are like making waves,
like we have seen some positive news in the market as well.
When we are thinking, like you must have heard of crypto ETFs
in the market for last multiple days.
So like ETF net flow was 208.76 million lower.
right now. So it's at minus 208.76 million. So around 209 million minus in the in the
minus in last three months we got 240 million dollars in the market. But last month we also
lost 144 million and last month so last week was 144 million and last month was around 44 million.
Which is, so all of these data, you might ask like, why I'm telling you this?
I'm just trying to showcase you, okay, this is right now just from March of March 11th, the market have dropped significantly.
And we are trying to make changes in our strategy in order to adapt with this market at the moment.
So the people who have questions like when pre-sale or why are you delaying again, or they are simply blaming us because they don't have nothing to do.
But I assure you that our team is working hard behind the scenes in just one day we recovered and we
got ourselves a new account.
We contacted support.
We tried to initiate all of the security measures.
On second day, we reimbursed and refunded each and everyone
who lost their funds in the hack.
On the third day, we are having this AMA.
So we are quick. We are adapting.
And no matter whatever comes in our way, if it's market, if it's dumping pressure, if it's air droppers dumping, if it's any other paper hands dumping, we are going to be there.
So behind every successful project, there is a community and we believe in our community that they know what region we are looking at.
We are not looking at, okay, we want to launch this project and see it like, let's say, 90% down after one year.
There will be volatility.
I'm not saying they will not be volatility.
Bitcoin has seen minus 90 and it has also seen like a plus 900.
Or if you are looking at any of the crypto, they have also gone to minus 90, minus 95%.
But they have recovered and given people 100x, even 1,000x of returns.
So we know how the market works.
We know how to make it work.
We have the community behind it.
We have investors behind it.
It's just a matter of time.
And it's just a matter of like a precision.
We don't want anyone to be stuck here for a long time where we are unable to launch the project,
even after the pre-sell, just because the market is not good.
Because if the market is not good, our investors might lose money.
Okay, like for some people, it doesn't matter if the project does good or not.
So I kindly tell those people to fuck off.
Because we have been working on this project for last two years and we know what we are doing here.
We are grinding our assets each and every single day to make sure that this project is a success.
And each and every member that is supporting this project for last two years deserves a nice return of their time, nice return of their investments.
And that's what we are working towards.
It's not about, okay, I mined for two years and this happened.
But since last two years, we have also developed multiple things which took us millions of dollars in investments.
Do you really think maintaining an app at the scale of any small fintech setup is cheap?
It's definitely not. We are spending like a lot of money on this project. All of the seed investors, all of our many investors, they are spending a lot as well.
Our team is working hard each and every single day in order to make sure that you guys get the best returns.
And if the market is down, we are not going to wait for the market to dump on you.
We want you guys to be profitable.
And that's why we are taking all of the important majors to make sure we are launching the presale as well as the launch at the very favorable time.
Or at least at the reversal of some kind where we at least ensure, okay, we are doing our best to maintain the momentum.
And it's not like, okay, after so many people think, okay, on pre-sale, I will invest and on the launch, I'll sell, I'll make my profit and then I'm gone.
But most of the people don't know that after the pre-sale, there is a launch and after the launch, then the real magic starts.
Then there is 5x.
Then there is 10x.
Then there is 20x.
Then there is 100x.
That's what we are aiming for.
We are not aiming for like we are not a small pump and dump token where which is launching on some small launchback.
Just to facilitate our team and just to facilitate our community, we have developed our own launchback.
No other project can say, okay, we are doing this for the community.
And the way we are doing it is not just about like just not just about pushing, putting us out or pushing this hard.
It's all about the momentum, the precision, the hard work and efforts towards each and every single thing that we are doing.
So I'm really glad that all of you community members are here to support us and here to, like, despite all of the challenges, you have, you're proving your strength.
You are proving your strength as a wow, an army.
You are helping us to gain more confidence in a way because without you, you know,
There is nothing. So thank you so much everyone who is supporting us. Then in the beginning, I said, we have some surprise for you. So what's coming next? We have some exciting news and we are introducing a brand new wow mascot, something that will kind of like a change the wow earn even more and it will make ourselves recognizable in the web three space.
Every big project, they have their own mascot.
Every, let's say, when we are thinking of every meme coin,
they have some mascot behind them.
But we are not a meme coin.
So why should we have a mascot, right?
But when you're looking at in such a way where whenever you see that figure in the market, whenever you see a billboard that is in New York City or whenever you see a billboard anywhere in the world or just like you see a nice funny meme with that with our mascot.
It kind of boost your energy up and you directly get attention from like from general content to kind of like a recognizable content.
That's what we are trying to do.
So we are creating a unique community driven mascot that represents our brand, Wow.
It will be integrated into merch, branding, marketing campus in the future.
Maybe an FD.
I'm not sure.
Yeah, maybe.
But.
Yeah, we are at the moment, we are developing that and is in the really initial stage at the moment.
So in next upcoming months, maybe after the launch, you'll be able to see that mascot.
I think we have covered all of the important topics.
And today I was talking by myself here.
But I'm really glad that more than 500 of you came,
like it took your time to come here and support us as a team,
support us as a wow army.
So it's really great for having you guys here.
Thank you for all for tuning in.
Despite setbacks, despite accounts getting hacked,
despite anything, the market changing or the dynamics changing, we are moving forward stronger than ever with the pre-sale, Wow Chat, new developments, and all new signs of growing and evolving project.
So we are introducing many, many new things in the future.
there will be a major update on WowChat that will be happening in the next couple of weeks.
So it's going to be a game changer.
Because that, if I'm to give you a kind of a sneak peek about that,
so I would say there will be upcoming update, updated update about Wow chat that is regarding transfer of your funds to your friends.
So right now, if you are to transfer any funds, what you're good, what to do?
So you go on your wallet, you put in the wallet address, you pay gas fees, then you sign transactions, then the transaction is done.
Then the transaction is stuff.
Wow chat is going to make these really, really easy where you can just click on your friend, which you want to send money to.
You can just click on, okay, I want to pay this guy.
I want to pay $100 to him.
And then that's it.
Like everything within one app.
We promise you that and that's coming in next few weeks.
So really excited to have that update really, really soon.
We will have one other AMA once that update is out.
But for now, I take your leave.
Thank you so much for guys for staying up late who are in Asia or in the US.
If you are just waking up, good morning for you as well.
And really glad to see all of you guys are here.
WowChat, Wow Earn, Wow Quest, Wow Wallet, each and every single team member and each and every single product is here to give you the best user experience that you can have in the Web3 market.
And nothing is going to change that.
We are going to support you for each and every small thing.
We are going to be there for all of your questions.
Our support team is always there.
So if you guys have any questions, just message your support team.
And we will be happy to help you out.
And besides this set, besides this hack, everything, we are working hard.
We are working with our asses hard.
And we are looking at a really bright feature because we are not just moving forward.
We are moving forward stronger than ever.
So thank you so much guys for joining in for this AMA.
We are having one other AMA that will be with our partners very soon in our roundtable in next couple of hours.
So stay tuned, join that AMA as well.
And thank you so much and have a really great day.
