What Is Wolf Safe Poor People?
According to the website and the whitepaper, the Wolf Safe Poor People platform is helping poor people all over the world using DApps. The platform addresses the problem of how the world's economies are declining after the global pandemic. And the platform suggests that, in such times, trading in cryptocurrency is safe because a cryptographic mechanism protects cryptocurrencies from being counterfeited or hacked.
The platform native token with the ticker WSPP is an ERC20 and BEP-20 token. The Binance Smart Chain blockchain platform has created the BEP-20 token. Hence, it is known as the BEP-20 token after its native blockchain technology. WSPP is the first token with a campaign to reduce global poverty using Binance Smart Chain technology to aid fundraising. The Wolf Safe Poor People platform is also developing projects in the decentralized finance and non-fungible token (NFT) sector. Hence, WSPP is available on various networks like Polygon, Avalanche, Kardia, etc. The platform's goal is to raise awareness that humans are social beings dependent on each other. As a result, building a solid ecosystem with cryptocurrency experts would make it easier for the platform to aid poor people on the planet.
The WSPP token is a means of trading and providing rewards on the platform. The token also promotes and fosters decentralized governance on the platform. Users can bet their tokens to obtain their own WSPP tokens or tokens in partnership with the WSPP platform. As a result, the WSPP token is mainly a trading and betting token. The WSPP token has an ample supply in the market, and hence to control the supply, tokens are burned. At the launch, 40% of the tokens were burned. Token burning is the process of sending the token to an unusable or invalid address. As a result, the tokens are lost forever. On the other hand, the leading cause behind the WSPP token is to help poor people, and therefore 10% of the total supply goes to charity.
The Wolf Safe Poor People platform has another token known as the Golden Wolf Safe Poor People token. The ticker of this token is GWSPP, and it is a BEP-20 token. GWSPP and WSPP are interrelated tokens. GWSPP is a gift token provided to all WSPP holders on the condition that they bet their liquidity on the decentralized market. The gifting of GWSPP only applies to Binance Smart Chain network users.
As mentioned above, this platform is developing NFT projects, and Wolf Safe Poor People has come up with its NFT collection under the name Wolfible Factory. The platform has also created an NFT marketplace called Wolfible.
History of Wolf Safe Poor People
The Wolf Safe Poor People platform was released on May 19, 2021. This platform initially sold WSPP tokens from May 19, 2021, to June 10, 2021. CEO Alfian b.y and Mbah Mijan are the two cofounders of Wolf Safe Poor People. The WSPP team includes web developers, NFT designers, and others. Technical development is overseen by a dedicated group of individuals committed to ensuring the long-term viability of the system and the functionality of the in-NFT economy and the NFT marketplace.
HowNew WolfSafe poor People Tokens areCreated?
Wolf Safe Poor People has a DApp staking platform for its users. Under this, the holders can keep the WSPP token to receive WSPP itself. There is no locking mechanism, so holders can bet or withdraw the WSPP token at any time.