Donation FQA

1. What will I receive after successfully donated?

After your donation payment is successfully completed, you will receive WXOC tokens in proportion to the amount donated. These tokens will be automatically sent to the token receipt address you provided during the donation. If you’re unsure about the details of these tokens, you can check here >>

2. Is there a risk in participating in the donation?

Yes, participating in donations and holding cryptocurrencies carries risks, such as:

Market Volatility: The price of cryptocurrencies (including WXOC Coin) can fluctuate significantly.

Regulatory Uncertainty: The legal status of cryptocurrencies and donations may vary depending on the jurisdiction.

Security Risks: While we have implemented security measures, blockchain networks can still be vulnerable to hacking or malicious attacks.

Please review the disclaimer and understand all risks before participating.

3. Can I get a refund after making a donation?

No, donations are non-refundable. Once WXOC Coin is issued, participants will not be able to request refunds or exchanges. It is recommended to carefully consider your participation before donating.

4. Are there geographical restrictions for participating in the donation?

Yes, due to regulatory restrictions, residents and citizens of certain jurisdictions (such as the United States and China) are prohibited from participating in this donation. Please ensure that your participation is legal in your jurisdiction.

5. What are the tax implications of purchasing and holding WXOC Coins?

Participants are responsible for determining any tax obligations related to the purchase, holding, or use of WXOC Coins. Tax implications vary by country/region; please consult a tax advisor to ensure compliance with applicable regulations.

6. Is the donation process safe?

The donation process implements multi-layer encryption and security measures to protect the donation process. However, participants are also responsible for ensuring the security of their wallets and taking precautions to prevent phishing attacks or unauthorized access.

7. What will the donated funds be used for?

The funds raised from this donation will mainly be used to develop the following projects:

Public Chain Deep Development: Continuously innovate to provide better services and experiences for users.

Network Infrastructure Upgrades: Ensure network security and efficiency, providing a strong foundation for decentralized applications.

Marketing and Community Development: Expand the ecosystem, build a stronger user community, and promote participation and interaction.

Collaboration with DApp Developers and Enterprises: Promote the practical application of blockchain technology for mutual benefits and win-win cooperation.

8. Why do you collect my information?

We collect your name and email information to ensure effective communication with you and provide assistance when needed. Through email, we can quickly contact you to answer your questions, address your feedback, and notify you of updates or activities related to the project. This information is only used for internal communication and will not be shared with third parties to ensure your privacy.

9. What should I do if I receive a payment prompt exceeding the payment limit?

If you encounter a payment limit exceeded prompt when using a decentralized wallet, it is because the project team has set a maximum transaction amount to ensure it can be processed and prevent blockchain congestion. This measure aims to increase the estimated transaction fee so that it can be processed before the transaction. You do not need to worry about the actual deduction from your wallet, as only the amount due will be transacted when interacting with the contract. If the transaction cannot proceed, please try the following:

Refresh your wallet: Close and reopen your wallet, then retry the payment request.

Check network settings: Ensure you are connected to the correct payment network and verify the chain’s status.

Adjust the payment amount: Try manually entering the correct payment amount and verify if it displays correctly.

10. Why do I need to authorize?

Authorization ensures that your assets are not at risk of theft. While this is difficult to fully avoid, it is a security measure for your wallet. To ensure that your token authorization is correct, please verify that the donation DApp link you are accessing is correct and that the token contract information matches the one disclosed for the donation.