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Why is Kingdom Card The Hero?      The true story behind WCM777.

(2015-03-04 01:22:57)
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杂谈

Why is Kingdom Card The Hero? The true story behind WCM777.

By Observer
4 February 2015

As a venture capitalist, World Capital Market, Inc. (BVI) incubated WCM777. However, WCM was trapped and victimized by the Ponzi system set up by Tiger and his people. But the founder of WCM, Xu Ming, used his financial alchemy to turn around the Ponzi into a legal company. Ponzi scheme entails no real tangible product and is just like a traditional game of "pass the parcel".

To recognize whether the company is like Ponzi's or not, one of the main characteristics of Ponzi's is that you have to check if there is any real and useful product. Xu Ming turned around the company by creating a close loop economy. He created an open marketplace like Ebay to all the members. The company sells its own series of products, from Gucci bags to mobile phones for members to redeem Kingdom Card Reward Points. The company uses real products to replace the disputable cloud-products.

Moreover, Kingdom Card Sales Reward system is brought into the system. Members' cash bonus is replaced by Kingdom Card rewarding points like Amex points. He used virtual community currency to solve the problem of the payment obligation of the Company. He aims to build up a loving communal society on the Internet by setting up a community, a marketplace, and a cultural and a shared vision.

Almost All currencies are like Ponzi based on thin air. He uses the virtual point reward system to resolve the disputable Ponzi business model and is able to build up a supportive and loving cooperative community system. If US dollar is legal, Bitcoin is legal, why not Kingdom Cards Reward System? Therefore, Kingdom Card is the hero that saved WCM777. Xu Ming is the hero. US government can't charge and persecute him based on his good intention.

Kingdom.Cards where Xu Ming is not shareholder and management team but an advisor has inherited the debt about $500M. Kingdom Card is a true hero that will save all the members' loss. Kingdom.cards doesn't allow US residents. Such a pity.

This again proves the good vision and intention of the Company and Ming Xu.

U.S. Securities and Exchange Commission was wrong to close down the company and confiscate about $43M cash asset and oil reserve asset of $50M. It has violated the company's legal interests and human rights of Ming Xu. Xu Ming has saved the company as well as the business opportunities of all the members. U.S. Securities and Exchange Commission should release the frozen assets and give it back to the Company to pass to members all over the world.

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