WHALE

WHALE (WHALE) is a social currency backed by NFT and tangible assets while representing scarcity through definitive limited issuance. According to the WHALE whitepaper, when the world abandoned the gold standard in the 20th century, traditional currency as a currency lost the ability to have a provable base of value as well as a potential ceiling to currency issuance. The advent of cryptocurrencies answered the call for a more disciplined and immutable approach to currency issuance. While crypto resolved the scarcity challenges, fluctuations in crypto prices made it unreliable and unrealistic as a payment medium and method. Instead, it has become a tool for whale traders to assume high-reward positions, large high-risk to take markets on swings of huge magnitudes. Whales are institutions, entities, individuals, and exchanges holding notable amounts of tokens of a particular cryptocurrency. The lack of a stable asset class to underpin crypto became a rag doll, highs, and lows, torn between longs and shorts.

As a solution, WHALE aims to function as an asset-backed currency that holds value in collectibles and digital art instead of using gold. The platform seeks to balance wealth preservation and growth speculation through a well-balanced "basket" of the NFTs.

WHALE is the native token of the Whale platform. The token holders have access to a range of membership channels offering various games, NFT airdrops, WHALE airdrops, and networking opportunities. Some of the NFT Assets in the WHALE vault include Gods Unchained, Sandbox Digital Art (CryptoArt), Avastars, CryptoMotors (CM), and Cryptovoxels, among others.

The WHALE whitepaper was last updated on November 20, 2020. The total maximum supply of WHALE is ten million WHALEs.