On August 13-14, local time, the annual Blockchain Futurist Conference, Canadas largest Web3 event, was held in Toronto. WEEX Exchange attended the conference as one of the sponsors. Andrew Weiner, Vice President of WEEX Global, introduced WEEXs vision, platform currency WXT and WEEX Launchpool products in his speech, and interacted with Funk, the market consultant of WEEX partner K 9 Finance DAO (KNINE), and Calvin Weight, co-founder of Rain Coin (RAIN). The following are excerpts from the speeches of the three.
Andrew: Hello everyone, I am Andrew Weiner, Vice President of WEEX Global. Some of you may not be familiar with the name WEEX. We started building this product overseas in 2018 and entered the market in 2020. Today, we have more than 3 million traders in nearly 100 countries and regions around the world.
With over 700 exchanges in the market today, you may ask, why WEEX, why now, why here?
There are still a lot of barriers facing traders and users in this space. If there are any traders in this room, you probably have 3-5 or even 6 accounts on multiple exchanges to really access everything that is useful to you in the industry. You may have barriers in registration, barriers in deposit options, barriers in selection, barriers in available services, and barriers in educational resources on how to use these products.
WEEX aims to be the Swiss Army Knife that breaks down all these barriers, providing users with all the features through a single login. At WEEX, we ensure that all customers have a deposit channel, access to derivatives, the ability to pledge, spot trading, leverage, and smooth withdrawals. We are integrating all relevant partners and technologies so that you can truly get an end-to-end experience, instant registration, easy deposits, everything is done on one platform, which is what users have always wanted.
Why are there so many barriers? Lets try to bridge them together. We are very interested in connecting and collaborating with projects here and at the conference that are interested in working on these market opportunities.
We have a very clear user base of 3 million traders, who are primarily concentrated overseas, in countries and regions such as China, Vietnam, and India, and anyone who is not currently marketing to or connecting with these audiences in their native language, you are cutting off a portion of the overall market. This is so urgent for the types of projects and services that are innovating in the industry, alternative assets, DeFi projects, GameFi, NFTs, Web3, and even AI, all need a reliable home where users can get an end-to-end experience with less friction.
So, the projects I want to introduce to you today are WXT and WEEXs Launchpool. WEEX Token (WXT) is the platform token of our exchange, designed to provide exclusive benefits to our loyal WEEX users, who can gain tremendous value just by participating in the ecosystem. By holding and using WXT, users will share in the long-term rewards of the rapid growth we are experiencing. By holding WXT, you will enjoy staking, trading fee discounts, and early access to popular projects. For project parties, WEEXs Launchpool has become the preferred destination for emerging and popular projects in the altcoin space.
What makes us unique?
Our WXT holders receive a share of the prize pool set up in our market strategy by depositing tokens, trading, and staying active. When people actually invest their own money and resources to support your project with practical actions, this user behavior will make them more engaged. Not only does this make them more invested financially, but it also allows you to establish a deeper connection with the community you are trying to serve. Your tokens will no longer be randomly and blindly airdropped to some people who may not intend to trade at all. Your investment will be worth it when you are listed on WEEX. We currently have several exciting projects, some of which are already listed on WEEX.
At the same time, I also want to talk about the group that brought us all here, that is SHIB, lets shout out Shiba Inu Token, Shibarium and all the teams that provide us with a VIP experience at Futurist. We are very excited to integrate L2 Shibarium, and in the next 6 to 12 months, you will see up to 200 SHIB projects first listed on WEEX.
Now, I would like to invite some of our partners to come up, the first one is Funk from K9 Finance DAO.
Funk: Hello everyone, thank you very much for inviting me to the stage. Everyone is familiar with Shiba Inu, it is a Top 15 token. Two years after the launch of Shiba Inu, the community united and built a technical ecosystem around Shiba Inu. One year ago today, in Toronto, they launched the Shibarium blockchain L2, like Matic, Base Chain. Shibarium is looking to gain a major market share of L2 traders, how do they do it? What they need most is TVL, they need transaction volume on the chain, how to get this? This is where K 9 finance comes in.
For those of you who are familiar with Lido Finance, it is the leading liquid staking derivative on Ethereum, which has greatly increased Ethereums trading volume. This is what we want to do for Shibarium, allowing people to lock up the chains Gas tokens and earn from it, while increasing Shibariums TVL and trading volume. We are an official partner of Shiba Inu and have extensive cooperation with them, and we get support from them on social media, etc. So, we have a very close relationship between the two sides, and we will work hard to help SHIB Army build Shibarium.
We also really like WEEX, and they have now integrated Shibarium into their platform. So Shibarium will continue to grow over time. Thank you so much for your time, and thank you WEEX.
Andrew: Thank you so much for the support of Funk and SHIB Army, which is one of the largest groups of traders in the world. If you work with this group, you will immediately get a ready-made audience. So for all the builders, its worth it. Next up is another project that Im very interested in, Calvin Weight, who some of you may follow on Twitter, he often publishes great content, and hes here today to introduce you to Rain Coin on Polygon.
Calvin: First of all, I want to talk about why we decided to list on WEEX. We have been committed to finding a global audience for our tokens, hoping to fully include the global market, and WEEX is such a portal to showcase our tokens to an excellent global audience. I have also known Andrew for a while, and his joining WEEX is definitely a plus for us. Because we know that he is behind this company, it gives us a lot of confidence.
A quick note on what we did with Rain Coin. Rain Coin started as an experiment and has become an interesting economic construct as we explore how to create a token that acts as a store of value. We minted 1 million RAIN tokens and locked them all in a liquidity pool so that there is no team, no controlling wallet, no foundation, nothing to put selling pressure on the token.
We then added a 1% redistribution share to the smart contract, which means that 1% of any tokens circulating on our blockchain network will be redistributed to holders. This way, holders are incentivized to buy and hold because they are actually earning cash flow or interest on their assets.
So, we created a scarce digital asset with no internal selling pressure from the team, token unlocking, or anything like that. And it generates yield even in cold storage. Now, to push it to the next level, were really adding some gamification. Our community is growing, and everyone is very interested in creating some additional value for themselves by staking Rain Coin.
Andrew: Thank you very much Calvin, thank you for all your support over the years. Finally, everyone, if there are any of you who are building projects on SHIB, K9 Finance has already made a demonstration for you on WEEX. There is no listing fee here, we just work with you on events and marketing. Come contact me, thank you very much.
This article is sourced from the internet: Andrew: WEEX aims to simplify the process and allow global crypto users to enjoy all the benefits with one account.
原文標題:Things We're Excited About in Crypto 原作者:Variant 原譯:Peisen、BlockBeats 編者註:Variant 團隊成員對未來市場趨勢做出了不同的判斷,包括對加密產品、基礎設施發展、應用週期性變化的預測,和人工智慧代理。 BlockBeats 將原文翻譯如下: 今年夏天,Variant 團隊花了很多時間展望 2024 年剩餘時間和 2025 年可能會是什麼樣子。以下是我們在探索下一波加密貨幣發展時關注的關鍵點。我們很想聽聽您對未來一年加密貨幣的想法和預測 - 請在 X (@variantfund) 或 Warpcast (/variant) 上與我們分享。 Jesse 我對 2024-2025 年加密產品的一些期望(一個簡短的列表,…