WFAIR is VERY different from other coins in a number of ways, and in this article we aim to explain why and how holding the WFAIR token has significant upside potential.
No short-term hype, rather long term value
The news that decentralized finance (DeFi) is gaining traction and is accompanied by a fast-increasing ecosystem is not new. The only thing holding blockchain technology back is general adoption as the number of blockchain-based financial products grows to mirror the capabilities of traditional institutions. Part of the reason for the disparity in use and popularity is that people are only now beginning to grasp the concept of cryptocurrencies. To summarize, mass adoption isn’t so much a question of if as it is of when.
Many platforms and exchanges have continued to emerge in this domain, despite more work remaining to be done. Every project with a good mission attracts a slew of con artists attempting to defraud unsuspecting investors. However, when stories about rug pull and other project scams make the headlines, many people quickly sympathize with the investors who have had their money sucked out of them.
Nonetheless, this is not always the case, as some projects like Wallfair focus on providing long-term benefits rather than making investors rely on short-term hype.
Wallfair uses speculative markets to provide a new content monetization strategy. Despite the creator economy’s scale and development potential, most content creators fail to generate any cash across their various platforms. Therefore, Wallfair aims to fill this gap through a leading platform that provides a large portion of net creator earnings to the top creators.
Moreover, the WFAIR team focuses on developing marketing and revenue streams over aiming castle hypes to produce the long-term value-creating token that does not only pay for your vacation once, instead pays your rent over the following years.
The project’s long-term vision is evident from its ever static token price, which has not moved significantly since the token generation event. This behavior of the token is in line with the expectations of the team.
What’s in there for you?
Wallfair provides various advantages, including liquidity mining, upcoming licensed exchange, and much more!
Liquidity mining: When a user offers liquidity to a trading pair in exchange for trading fees, this is known as liquidity provision. Liquidity mining is significant because a decentralized exchange or DEX requires liquidity to allow transactions between multiple token teams, and this incentive method encourages users to contribute liquidity to make those trades possible. In return, users can earn a high annual percentage yield (APY). APY account is similar to an annual percentage rate (APR) account in that it operates as a cryptocurrency savings account.
At Wallfair, APR (annual yield) for providing a pair of ETH or USDT liquidity stands at 344%, which equals more than 25% interest MONTHLY.
For instance, you hold 1,000,000 WFAIR tokens at the price of 10 USD cents buy in→ You will get 250,000 tokens additionally EVERY MONTH. This means you can make a passive income of 25,000 USD every month by doing nothing independently of volatile crypto market movements.
Decentralized platform with a license: Investing in cryptocurrencies entails accepting risks, but one should not get duped. To be clear, while investment scams are the most profitable way to collect crypto assets, scammers will use any story that works to persuade people to transfer money in cryptocurrency. This frequently entails imitating a government agency or a well-known corporation. Moreover, most of the frauds are committed by unlicensed crypto services providers. That’s why Wallfair strives to become a betting exchange with a license to provide a sense of security to its users.
If you are a side hustler and look forward to making money via betting, you are definitely at the right place. Now, assume you’re watching a tennis match. If one bookmaker feels player A will win and the other believes player B will win, their odds will differ substantially. If the gap is large enough, you can bet on opposite players via our betting DEX at both bookmakers and win money regardless of who wins the match.
If you invest today, you can earn more tomorrow! We anticipate a significant price increase once we have a legal foundation to begin casino activities, as well as a slew of new exchanges and payment providers.
Upcoming Centralized exchange listing: Wallfair aims to be listed on multiple significant exchanges. This has been a waiting game due to license issuance. However, WFAIR involves a complex (Uniswap) and expensive (as it involves 20–80 USD gas fees per transaction) buying procedure.
But, there is nothing to worry about! As we promise to provide long-term value, very soon, we will let you land in a time where WFAIR can be purchased hardly without any gas fees and with a credit card, bank wire, etc.
We don’t stop here! There are more tools to reap benefits from..
In addition to the above benefits, Wallfair offers the following to its users:
Alpacasino: Alpacaverse is driven by Wallfair technology, and Alpacasino is a component of it. Once completed, this will be the ultimate demonstration of what our token and technology are capable of.
Alpacasino offers a prolific form of gambling. The online platform will feature a casino-like ambiance and is explicitly designed for online gamblers. Casino gamers can use a smartphone or a computer to play their favorite casino games from the comfort of their own homes.
Sounds interesting? We aim to launch Alpacasino before Christmas 2021, allowing people from around the world (geo-blocks do apply to certain jurisdictions) to:
- Sign up and deposit WFAIR, ETH, BTC or buy WFAIR with a credit card, bank wire, etc., in less than 3 minutes.
- Play a new generation of social, fair, and entertaining games, allowing for massive wins.
- Building, growing, battling, and selling your very individual alpacavar NFT (non fungible token).
- 5% transparent house edge, calculations, and history transparently shared on the blockchain, which means you do not have to trust the associated parties, as you can simply check and authenticate every number transparently. The casino usually has a statistical edge in each bet, allowing them to make more money. This is referred to as the house edge. The casino’s theoretical edge in a game is what makes the game a gamble. The result is unclear, and both parties have an equal chance of winning at any point. To play fair, we offer a 5% transparent house edge.
So, what makes it really interesting?
Benefits from the network growth
For every new user joining the platform and buying a WFAIR token, these tokens get bought off the market, meaning every WFAIR holder benefits from the network growth directly (i.e., high community growth, high the token’s value). Of course, there’s free lunch for investing in the WFAIR token.
This is a very different token mechanics compared to a casino without an owned token, as people using ETH or BTC to wager do not grow the value of the community/token. The cryptocurrency space opens the door to increase the value of your holdings without betting more money!
Buy back offer
Statistically, every casino has an advantage in the statistics of games. A roulette table with zero and double zero is a nice illustration. In this game, the casino enjoys a 5.26% house edge. The casino is expected to win 20% of the drop money at the end of the game. This means that for every $100 deposited in the drop box, the casino receives $20. During the game, the player is likely to place many bets that are against the house edge. They win and lose some money in the process and either lose or gain a small proportion of what they were willing to risk.
When users wouldn’t win with a black or red bet, the resulting revenue goes to the casino. However, WFAIR is different in terms of the traditional casinos: We distribute the casino’s earnings by all token holders in the form of market buybacks. A common strategy for boosting the price of tokens is called a buyback. When a firm buys back its crypto assets, the supply becomes limited, and the token’s overall value rises.
For instance, WFAIR has generated a monthly house edge of 5.000.000 EUR. There are 10.000 token holders with an equal amount of tokens. In this scenario, 500 EUR of revenues would go to every token holder in the form that bought back tokens to increase the value of WFAIR tokens held by the token holders.
First hedged coin
Traders employ hedging as a risk management approach to mitigate investment losses. Hedging is defined as taking a position opposite to an open position in a particular asset. Traders regard it as a sort of insurance that shields them from the effects of an adverse incident on their investments. Right? This is what Wallfair aims to achieve by offering the first hedged coin to the DeFi space.
Casinos do not follow crypto volatility or market price swings. Therefore, it means that WFAIR token price development will depend primarily on marketing efforts, collaborations, and game efficiency and not on crypto market movements. This makes WFAIR token a steady token whose value does not fluctuate dramatically. In theory, it means that WFAIR tokens can have a massive green day while the rest of the market sees red flags.
Stay tuned to get informed about our upcoming launches, exciting offerings, and lots of entertainment from the comfort of your homes!
