May 7, 2021
Hello World, Hello WEYU
A NFT project and Token you need to know
WEYU is the world’s first Multi-Chain Platform designed specifically for the NFT resale market. As the tokenization of items such as collectibles, art, music, content, property, and everything in-between becomes the norm, WEYU believes that the mass adoption tipping point will come from simple-to-use platforms that cater to the average internet user. Our obsession is to create the best user experience for all NFTs across multiple blockchains that is simple and engaging for both resellers and aftermarket buyers. Creating the most user-friendly software combined with transparency and decentralized systems will give WEYU a firm market position to absorb a significant share of this already booming NFT market.
Solving several issues in the NFT ecosystem
There are several NFT marketplaces that rely on multiple blockchains, fragmenting the entire non-fungible token space. As a result, it has become exceedingly difficult for the average internet user to understand how NFTs work and where to find trustworthy and verifiable resources. Even the process of purchasing or selling NFTs is complicated. Furthermore, each platform has a unique process for the consumer. There are multiple blockchains with multiple NFT token standards, and if that isn’t enough, there is currently no platform that allows you to buy and sell across multiple blockchains. Clearly there are more questions than answers.
WEYU is here to help the NFT community grow
WEYU is on track to become the unified multi-chain platform for the NFT resale market. WEYU platform users can easily resell their NFTs regardless of which blockchain, platform, or token standard they were minted on. Buyers can then search multiple NFT standards and categories across the entire NFT market using a modern UI/UX design that includes advanced search algorithms and filters. WEYU is also committed to NFT resale market transparency and incorporates an advanced data aggregator to provide users with up-to-date information on the history of each NFT and the status of all categories within the vast NFT ecosystem.
WEYU is obsessed with user experience, which drives us to include the most robust customer service support channels in the space to let new and existing users know we are always here to help. These measures are necessary to springboard adoption, create transparency, and bolster consumer education. Along with these user experience enhancements, an advanced token economy will drive growth and incentivize hyper engagement for the WEYU community.
Multi-Chain for Accessibility to all NFT fans
The importance of interoperability between blockchains is a common topic of discussion in the cryptocurrency community. The inability to transact across multiple blockchains has resulted in fragmented technology, ecosystem tribalism, and adoption barriers. WEYU is solving these issues in the NFT space and is dedicated to bringing everyone together, regardless of where they came from or how they want to participate.
With the majority of the core WEYU team consisting of blockchain engineers who have been working in the space for many years, there is a strong understanding of the challenges that come with building a Multi-Chain Platform. This specialized team has developed a technical roadmap that allows any blockchain standard to be transferable and accessible via the WEYU protocol. WEYU will launch with advanced accessibility and will include at least 5 blockchains as well as several NFT standards.
Advanced Tokenomics like none other
The WEYU token is based on tokenomics 3.0, a tried-and-true framework for analyzing multiple dimensions of token utility across a platform, its community, and business models. These modern and validated token use cases are used to encourage users, both buyers and sellers, as well as community members, to actively engage with the WEYU ecosystem, platform, and products.
Token use cases and features:
● Token fee redistribution, automatic liquidity and burning
● Memberships that enable fee reduction and unlock exclusive rewards.
● Platform fee distribution
● Platform data validation and moderation rewards
● Referral and affiliate rewards
● Development proposal rewards through WEYU DAO
Embedded Token Fee
WEYU will utilize a slightly different model, but it will be based on the same principles. A 4% embedded fee will be implemented and divided into four automatic features. 4% is a much more manageable amount to ensure that all the token’s additional utility features are adopted. The table below explains how the 4% fees will be applied.
WEYU Memberships
A WEYU membership lowers platform fees and grants access to a plethora of additional features and rewards. To become a member, a user must stake an amount of WEYU tokens. WEYU memberships are divided into four tiers: Black, Gold, Pink, and Blue.
The WEYU Token Sale Information
To participate in the WEYU Open Private Sale you need to join the Whitelist. Spots are limited so join the WEYU Whitelist today.
Token Launch on PancakeSwap
The WEYU BSC contract will go into effect on after the WEYU token Sale ends. The initial WEYU liquidity pool will be launched on PancakeSwap immediately, with the WEYU foundation providing locked liquidity provisions of 20% of raised funds in BNB and 20% in WEYU. Following this event, all WEYU tokens will be distributed to token sale participants. When WEYU tokens are distributed, holders will immediately begin earning WEYU fee embedded token rewards. At this time, the automatic liquidity and burn functions will also be activated.
WEYU is well-connected in the cryptocurrency space and has enlisted the help of several network partners to support with additional listings on top-tier exchanges, which will help drive liquidity and adoption of the WEYU project.
$WEYU Whitelist + Airdrop is now OPEN!
The WEYU Open Private Sale is starting soon. To get your hands on tokens early you must register on our Whitelist. Once registered you will receive information on the next steps via email.
WARNING: There are several scams and scammers out there. Please be careful and only trust official information in our official social media accounts and websites. If you have Whitelisted you will receive an email of the process you need to take to buy tokens. If there is any doubt, please email team@weyu.io
