Waifu-Token (WAIF) is a decentralized digital trading card designed to attract anime fans, NFT (non-fungible token) collectors, and decentralized finance (DeFi) traders. The Waifu-Token network aims to build a platform for anime collectability for NFTs, physical products, and even subscription or commission engagements with industry-dominant artists and illustrators. The Waifu-Token platform aims to attract new members from the crypto community, with the goal of onboarding and protecting supporting artists' digital artworks on the blockchain.
The Waifu-Token platform began as a community-funded cryptocurrency project curated for Ethereum developers and enthusiasts to reward collectible artwork for contributing to a decentralized liquidity pool, a pool of tokens locked in a smart contract. The Waifu network has grown into a sustained effort focused on creating original cryptocurrency-inspired anime-centric characters and finding new ways to generate interesting economies around tradable NFTs on the Ethereum network.
Further, the Waifu-Token platform seeks to solve the problems such as removing the entry barrier for the users unfamiliar with the crypto world and deploying traditional currency into the ecosystem so that the users outside the crypto network can participate too. Besides, the platform also intends to resolve issues related to unfair compensations for artists and illustrators. The Waifu-Token network aims to resolve these challenges by seeking to offer quality artwork designed for specific original characters. The platform is committed to creating and delivering a unique and ideal virtual girlfriend concept to the users.
Furthermore, the network has WAIF as the native utility token that complies with the ERC20 standards. The WAIF token powers the entire Waifu-Token ecosystem and is primarily used as governance and a fan token. The token is used to seek to earn points and claim the latest content.