The platform has grown considerably over the previous few months, launching its personal token, the $WWY, on main exchanges and increasing its worth proposition with metaverse options. That has allowed WeWay to draw financing rapidly: each from traders ($3M) and thru its IDO ($800k).
Among the many strategic advisors to WeWay, are Yoola and Velas. Yoola is a global media community that helps bloggers develop on-line and offline. The US-based firm is a part of the highest 5 largest worldwide networks on the planet and a frontrunner within the Russian-language video running a blog market. As a distribution platform, Yoola focuses on the globalization of content material. It companions with creators to increase their international attain and penetrate rising markets.
Velas alternatively is a Swiss-based tech agency. It’s led by a various crew of engineers, cryptographers, researchers, mathematicians and results-driven enterprise leaders. Velas is the quickest EVM/eBPF Hybrid Chain mechanism blockchain. It permits constructing decentralized purposes and good contracts on its important internet, which allows the scalability of the transactions, with the ability to validate as much as 50 000+ transactions per second.
Fundraising for WeWay was achieved at breakneck speeds with traders speeding ahead in an effort to participate within the venture. WeWay managed to realize $3 Million of funding funding. Moreover, by the Preliminary Dex Providing (IDO) managed to realize $800,000 in a really brief time. The extraordinary curiosity in WeWay is sensible contemplating the worldwide forecast for the worldwide blockchain market value is about to be almost $40 Billion by 2025.
WeWay’s growth is in full swing after it efficiently attracted financing from personal traders and thru its personal tokenomics efforts with the launch of its $WWY token. From a non-public standpoint, WeWay introduced the eye of powerhouse tech incubator BlueZilla, which beforehand endorsed record-breaking tasks reminiscent of BSCPad, Tronpad, ETHPad, KCCPad, NFTLaunch, ADAPad, VelasPad, and GameZone.
BlueZilla focuses on serving to tasks by their whole journey; concept incubation, advertising and marketing preparation, and launching. They don’t merely work with everybody, nonetheless. Most probably, what attracted the incubator within the first place, was WeWay’s progressive nature and its clear worth proposition.
Then again, WeWay’s current success has additionally enabled it to launch its token, $WWY, on the most well-liked DEX exchanges: PancakeSwap, WagyuSwap, UniSwap, and extra. It went public on January eleventh, with an preliminary circulating provide of 16,000,000 $WWY. Up to now, the token has raised $800k from greater than 6,7k customers that believed within the venture.
Speaking about this success, CEO and co-founder of WeWay, Fuad Fatullaev, famous:
“The content material creator financial system is rising and, extra importantly, evolving. What labored two years in the past isn’t what creators and followers search for on this new ecosystem. Social interactivity, engagement, and tech options are scorching tendencies that should be listened to and acted upon. And our current financing rounds have confirmed that our proposition is strong. We’re constructing WeWay as an all-inclusive platform the place all creators and followers’ are the precedence.”
The platform’s worth proposition is easy. In an more and more digitized world, all experiences are shifting on-line; they’re certain to. The interactions that followers have with their idols are not any exception. Thus far, over 150 of the highest influencers from internationally have joined the venture. One can name WeWay a number one vacation spot for influencers.
This isn’t all, nonetheless. The platform is making a Metaverse area – the WeWay Metropolis, which is supposed to be crammed with “content material and experiences” created by its customers, each people and organizations. The WeWay Metropolis can be like a digital twin of our already social media usage-heavy lives. As the corporate envisages, in WeWay Metropolis:
“…creators will promote their concepts to critics, traders and producers anyplace: at an occasion, in a gallery, throughout a stream. The Metaverse will open up new networking alternatives for all events. Younger expertise will know the place to search for help, and skilled brokers will know the place to search for younger skills.”
They’re proper. In the mean time, particularly within the age of COVID-19, networking alternatives are restricted. Younger artists with the ability to showcase their abilities within the Metaverse is the precise step ahead. Via NFTs, artists can even have the ability to monetize their content material in ways in which have been unavailable to them earlier than.
“NFTs, or non-fungible tokens, can be utilized as a democratic method to monetize content material. Because of the safety and transparency of NFT and blockchain know-how, it has develop into extremely standard with collectors and traders alike over the previous yr. Many celebrities have already created their very own NFTs, promoting them for hundreds of thousands of {dollars} and we need to present that form of possession and potentiality to WeWay”, says Bohdan Prylepa, СТО, and co-founder of WeWay.
WeWay’s success generally is a lesson in persistence and progressive method to crypto corporations on the market. Discover a answer to an current downside and promote it effectively. WeWay is main the way in which in Metaverse-based options for fan experiences worldwide. It’s only the start – the idea of the Metaverse was solely delivered to the fore by Mark Zuckerberg solely not too long ago, in spite of everything!