Get to Know Weld: A Revolutionary Payment Service

Weld is an innovative payment service that provides seamless integration of fiat cards with leading crypto exchanges and popular wallets. With Weld, users can easily make online purchases or use a point-of-sale (POS) terminal at any retail location worldwide. What sets Weld apart is its pioneering status as the first crypto card provider to establish agreements with banks and regulators in the CIS region.

Regional Impact: Ukraine, Russia, and Estonia Lead in Crypto Adoption

In terms of cryptocurrency adoption, Ukraine, Russia, and Estonia are at the forefront, boasting the highest number of users and active participants. However, the cryptocurrency cards market in these regions remains untapped. Recognizing the immense potential for growth and the need for fair competition, the founders of Weld have chosen this region to launch their pilot project for cryptocurrency cards. Leveraging their expertise in building successful businesses and established relationships with local banks, they are well-prepared for this venture.

Revolutionary Architecture of Weld

Weld's architecture is truly groundbreaking. When a user initiates a payment through Google Pay or Apple Pay, the bank transfers the fiat transaction to an overdraft, effectively providing an interest-free loan. Simultaneously, Weld instantly transfers the required amount in cryptocurrency from the user's balance to its corporate account on the same exchange. This eliminates the need for preloading the card and enables users to bypass high blockchain fees through free intra-exchange transfers.

Investment: Backed by Prominent Companies and Venture Funds

Weld Money has garnered investments from 50 major companies and venture funds across 23 countries. Notable investors include Concorde Capital, AVALON WEALTH CLUB, FAIRUM, Maximus Capital, Magnus Capital, AU21 Capital, AscendEX, HSVC, 7 O'clock Capital, and many others. The interest and support from these investors indicate the growing enthusiasm surrounding the Weld project.

Generating Excitement and Building Interest

The Weld project has generated substantial excitement within the project community across various communication platforms. During the initial sale of WELD tokens, all tokens were sold out within minutes. The IDO (Initial DEX Offering) took place on four leading sites (ZENDIT, A2Dao, Hacken, and ANYPAD) and attracted $3.6 million in investments. These achievements further exemplify the increasing interest in the Weld product.

Future Expansion Plans: Going Beyond the CIS Region

Weld is actively expanding its team to bring a fresh perspective to the financial market. The company also has plans for another investment round, which will facilitate its expansion far beyond the CIS region. Although Weld is currently the pioneer in the CIS market, its goal is to extend its services to the USA, Asia, Africa, and other countries in the future.

Tokenomics: The WELD Token and its Ecosystem

Weld is poised to become a fully developed ecosystem offering users a wide range of additional functionalities. To ensure the success of the WELD token and its alignment with the overall ecosystem, Weld has adopted a token model that draws similarities to Binance Coin (BNB). Similar to Binance, the growth of the WELD token will be driven by the expansion and success of the ecosystem as a whole.

The WELD Token: Pre-Sale and IDO

During the pre-sale, the WELD token was initially priced at $0.06. However, during the IDO, the token's value surpassed $0.075, signaling a positive market response and the potential for future growth.