WeWay platform launched on BSC. In the future, WeWay will become a cross-chain solution. In addition to BSC, the Ethereum blockchain and Bitcoin Ultimatum (BTCU) will be integrated. WWY is a cross-functional value provider for financial interactions within the WeWay ecosystem. All computations on the platform take place through the use of tokens on the WWY platform.
WeWay is a unique entertainment ecosystem that proposes new mechanisms and entirely new means of interaction between creators and fans.
The platform provides innovative tools for increasing audience reach and monetizing content. It also gives fans the chance to connect with their favorite creators and allows creators to receive meaningful feedback from their subscribers.
The WeWay ecosystem is part of the global Creator Economy represented by a combination of technologies, modules, and products that are interrelated in terms of interaction, economics, and architecture. Support creators by providing them with the tools they need to create, publish, operate, and monetize a variety of content. The economy of the WeWay platform allows creators to generate additional income.
WeWay is at the intersection of 5 global markets. The project is leveraging blockchain technologies to develop the Creators Economy and launch a unique platform for creators and influencers alike.
Blockchain technologies are most basically defined as decentralized distributed ledger technologies (DLT) that record the origins of transactions on a peer-to-peer network without the involvement of any intermediaries. The technology has evolved rapidly over the decade since its development. Although blockchains are best known for their role in fostering the growth of digital currencies, they have also been adopted in most traditional sectors of the global economy, because of their unique qualities and optimization potential.
The global blockchain market is divided on the basis of the numerous use cases of the technology, namely – payments, smart contracts, data management, digital identity formation, supply chain management, and many others. Most blockchain experts and supporters “believe that this technology can far outperform cryptocurrencies in terms of its overall impact.” The true potential of blockchain is only just becoming apparent. Society is more likely to see use cases of blockchain technology application in real sectors of the economy, rather than the practical use of cryptocurrencies.
Cryptocurrencies and tokens are the two dominant subclasses of digital assets relying on cryptographic methods of operation. These are intangible assets that are created, sold, and stored in digital format on the blockchain. Cryptocurrencies use advanced encryption technologies that guarantee the authenticity of the underlying assets by eliminating the possibility of counterfeit or double-spending.
The cryptocurrency market is valued by the capitalization of the total volume of crypto assets and tokens issued by market participants into open circulation for the purpose of sale, purchase, exchange, and use in a variety of operation scenarios.
Non-Fungible Tokens, or NFTs, are tokens that can be used to solidify and showcase ownership rights to a unique digital asset. The given technology allows users to prove ownership of any form of digital content, including images, videos, audio files, documents, 3D models, etc. NFTs use a secure record that has a unique identification code stored on the blockchain. Having been initially launched as digital collectibles, NFTs are currently being used to represent any type of physical asset, acting as a proverbial “digital twin” of any object in the real world, essentially allowing the ownership and exchange of physical assets within the digital environment.
The NFT marketplace features a broad range of content creators and companies that have been tokenized since the advent of the underlying technology. The assets in question range from popular memes, famous tweets, master posts, real estate, unique artwork, to GIFs of the NBA’s greatest dunks. Both collectors and investors are currently looking for the most promising NFTs for the sole purpose of speculating on their long-term value
Influencers are individuals who have earned a certain reputation for their knowledge and experience in a particular area or have managed to attract a large community of like-minded followers on their social networks. They post regularly on various topics on their social media network channels and attract large and devoted audiences of followers. The typical forms of interaction between influencers and their audiences include blogging, video blogging, streaming, and participation in various events. Such types of content are usually embodied in speech, writing, or any other form of art used for self-expression, distribution, marketing, and/or publication.
The influencer market includes bloggers, content creators, and their supporters – followers on social networks, who react to posts or messages and donate funds to their idols. Influencer marketing is one of the most popular marketing strategies worldwide. It is the reason why advertisers, brands, agencies, resellers, and content monetization platforms are part of the given market. Together, they are shaping a new form of the digital economy – the Creator Economy.
Streaming is a form of media distribution foreseeing the transmission of a video file to viewers over the internet.
The streaming marketplace allows content creators and influencers to broadcast live video content to viewers by streaming it online on social media platforms. Fans demand and expect unforgettable experiences when connecting with their favorite content creators and like-minded people online without leaving their homes. Creating a live video blog, audio, chat, or game streaming channel has thus become an effective way of bootstrapping engagement and connecting with subscribers, fans, and customers.
The expanding availability of broadband internet connections and the growth of the world’s population are the main drivers of growth in thUSDgiven market.
Weway Marketplace combines the capabilities of a blockchain, marketplace, and auction platform allowing users to issue, store, sell, buy and exchange NFTs.
WeWay Live is an online streaming service where creators stream and organize interactive events to introduce new kinds of content to their audiences.
The viewers will be able to buy tickets to the streams and a corresponding amount of tokens will be transferred for the amount specified in the purchase contract. The viewers can use these tokens in a wide variety of interactions. The more expensive a venue or seat a viewer buys for a particular event, the more ways in which they can interact with the creator and the show as a whole. The creators can conduct solo performances, festivals, collaborations, and more. If more seats are sold for an event than had been initially intended, the creator can conduct an additional event or even a whole tour.
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WWY token functionality:
WeWay IDO Whitelist – BSCPad + ETHPad + VelasPad
Buy WWY on BSCPad + ETHPad + VelasPad Launchpad
WeWay has crossed the mark of 25,000 Followers on Twitter
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Wewway’s ideal is to create a wide range of decentralized applications (DApps) and is particularly suited to NFT-based solutions. All data about members of the ecosystem is stored on the blockchain, which makes Weway a secure and transparent platform.
Find more information about WeWay:
Website: https://weway.io/
Twitter: https://twitter.com/WeWay_io
Telegram: https://t.me/WeWay_io
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Elise
Coincu Ventures
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