Blog Post
Interview with Peter Girr, Founder of WISE
Dec 28, 2020
Hey Peter Girr, founder of the Wise Token project! Happy to connect today and learn more about the Wise Token project! Can you tell us more about the founding of the project and what the problem is that you were addressing?
I’ve been a crypto investor for years and I got sick of the scams and greedy money-grabbing projects. Eventually, I created WISE, which is the perfect investment from the investor’s point of view, and that kind of thing doesn’t exist anywhere else.
Could you please give us a rundown of the most important things about the Wise Token project?
- WISE is backed by ETH, meaning if ETH goes 5x in price and WISE goes 10x then you just got 50x. Use ETH to buy any other crypto and you have lost exposure to your ETH. The way WISE makes this possible is by creating a massive $70,000,000 pool of ownerless liquidity on Uniswap which is practically all the money received in the WISE presale.
- The reason you would want to buy WISE vs just holding ETH is because of the additional programming of the WISE contract. Investors can stake WISE over periods of time (up to 42 years) and earn interest over the duration. After the stake is complete, they can take their initial WISE principal + interest and swap it on Uniswap for more ETH than they started with. The price of ETH going up, and the price of WISE going up vs ETH from additional users multiplies these gains exponentially.
- The interest earning from WISE’s staking ecosystem is made possible through inflation (comparable to BTC’s rate of inflation), but BTC pays inflation to miners who dump it on the market, and WISE pays inflation to stakers who are locking up WISE over long periods of time, strengthening the system. These factors create a strong economy.
- WISE is: an immutable smart contract, free of amin (god-mode) keys, 100% decentralized end to end, fair token distribution (myself/devs did not get any tokens for free and all WISE is being bought from the contract at market prices), non profit, a unicorn.
So going forth into 2020 and beyond, how will your project make an impact in the crypto space, or on the world?
In 2 days we’re hitting Uniswap with more than $70 million in liquidity (that’s rank 8 on the biggest DEX in the world). From there I see us climbing to the #1 Uniswap liquidity pool in short order. I would not be surprised to see WISE at a $5 Billion market cap in 1 year.
Now, could you tell us about your accomplishments so far, and in the history of Wise Token, please tell us what you are most proud of.
I’m proud of our fair launch. Most people got in at the average price which is great for building a healthy ecosystem, I’m proud of raising over 55,000 ETH in a presale, and I’m proud of sparking the grassroots movement that brought in that much money.
What makes Wise Token unique in the DeFi Space?
Only ETH-backed crypto in DeFi
Ability to multiply the gains of ETH AND WISE PLUS interest
Massive liquidity (Big investors can participate without mass slippage)
Fundamentals to become a blue chip crypto vs a flash in the pan
Now, give us a quick rundown of the future of the project. For example, what new things are you seeking to bring to life and what will it mean for the overall project?
We are developing 2nd layer contracts for insurance and lending tools
Tell us about your team. Who’re the people behind the screens?
Doesn’t matter. The code is 100% complete and unchangeable. No one can change it at this point. That being said, you can find our LinkedIn profiles on the front page of wisetoken.net
Which partnerships have you engaged so far, and which ones are the most impactful?
None at the moment, and we will choose our partners very carefully.
Now on a more technical side of things, what are the coin metrics, and how do these lead to a stable and balanced system?
- Fair launch — Gives us a leg up over all tokens that launch with a ridiculously cheap presale and large percentages of the supply being gifted to the team and seed investors for free. Instead of instantly creating mega-whales in the system that can cash out on the heads of new investors, everyone got in at relatively the same price, creating a very stable core that can’t be manipulated by anyone.
- Manageable inflation — WISE actually has less inflation than BTC, and the inflation goes to the right people (unlike BTC). Rewarding inflation to stakers brings stability to the system other projects simply don’t have. This also creates an amazing price chart, as stakers take WISE out of circulating supply, creating scarcity for new users.
- A well designed referral system — A well-designed referral system can bring more users into the system indefinitely if the rewards make sense. WISE rewards referrers when users stake WISE using their link. This residual income will keep bringing adoption even after the initial hype fades, because content creators will be generating more content to promote their referral links. We already have over 50 content creators promoting WISE referral links and over 1000 videos and pieces of content created!
If people would like to follow you on your social media pages, visit your website or read your important documents like your white paper, what are the links they need to visit? Please list them below.
Website: https://wisetoken.net
White Paper: https://wisetoken.net/teal
YouTube: https://www.youtube.com/c/WiseStaking
Twitter: https://twitter.com/wise_token
Telegram: https://t.me/wisetoken
Thank you so much for your time! Do you have anything to add before we finish?
When I discovered blockchain technology and cryptocurrency, I knew it would change the world, but the first project I stumbled into was a scam. Ironically the most secure technology in the world has been turned into a thing people don’t trust and think is very risky because of bad actors and greed. Creating asset-backed cryptos is what everyone should have done in the first place. WISE is raising the bar for the whole industry, and on behalf of the entire WISE community, we hope you will join us!
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.
WSOP (World Series of Puppies) announced the imminent launch of Solthereum Poker , an online crypto poker platform, on October 31. Solthereum Poker offers games where users can play with Solana (SOL), Ethereum (ETH), and the project’s native token, $WSOP. As part of the event, the team scheduled a debut poker tournament with a $500 prize pool. Solthereum Poker caters to beginner and expert poker players alike. The platform aims to be more than the average crypto poker venue by rewarding players holding $WSOP tokens. More precisely, Solthereum Poker announced a revenue share, allowing all WSOP owners to have a stake in the future revenue generated by the platform. Moreover, WSOP holders will gain a stake in the project's other planned revenue streams. Solthereum Poker plans to incorporate, or at least collaborate with, other communities and use NFTs (non-fungible tokens). About the WSOP Token WSOP (World Series of Puppies) is a 100% independent project that enjoyed organic growth since its official launch date, March 6, 2024. Almost 8 months later, the platform benefits from the loyal support of a rapidly growing community eagerly awaiting the launch of Solthereum Poker. WSOP stands out from similar projects through its completely transparent approach. More specifically, the developers passed doxxing procedures to show that not all crypto poker platforms are rug pulls or short-lived initiatives. The team devised an advanced, deflationary tokenomics system for $WSOP, including a 1,000,081,023 token supply, 80% of which was made available for initial liquidity. So far, the project has burned 9.5% of the initial token supply, reducing the supply to roughly 905 million. This way, it aims to create the necessary scarcity to grow the token's value in the long run. In total, WSOP burned 100% of the LP and added more to it along the way. Lastly, the project has awarded over 20 Million $WSOP Token in previous Freeroll poker tournaments. WSOP boasts an ambitious roadmap and has already completed most of the announced milestones. For instance, the project has already amassed nearly 1,000 X followers and over 200 token holders. Also, it has plans for future collaborations with WolfPunXNFT to help save puppies in real life. The upcoming release of Solthereum Poker is one of the most important steps in the project’s development so far, with more such landmarks to follow. Stay tuned for the official launch of Solthereum Poker at its official website and social media channels: X (Twitter) | Telegram | Dex Tools You can learn more about the WSOP Token and stay up-to-date with its developments here: Website | X (Twitter) | Telegram | Medium
TON Capital, an innovative airdrop portal designed to onboard the next billion users onto the TON blockchain, is excited to announce its upcoming limited batch of Airdrop Nodes Sales. With the Pre-sale Round set to launch on November 8th at 3 PM (UTC+8), these Airdrop Nodes offer a unique opportunity for participants to stake their claim in the growth and success of the TON ecosystem. TON Capital stands out as the first Airdrop Node portal that aims to attract TON’s next billion users. Utilizing an in-house launchpad and incubator model , the project seeks to create one of the largest diversified communities within the TON ecosystem, offering a broad spectrum of rewards for its Node Holders. Airdrop Node Features: Affordable Entry: Node licenses start at just $150 from Tier 1, significantly lower than most other Node Sales. Capped Supply: The total supply of Nodes is limited to 10,000 across 10 tiers , enhancing the potential for rewards. Generous Token Distribution: All Airdrop Nodes will receive 60% of $TONCAP tokens, ensuring the community benefits from a substantial share of the rewards. Diverse Rewards: Node holders will enjoy a broad spectrum of rewards, including $TONCAP, project airdrops, and potential rewards from incubator and launchpad partners. Exclusive Incentives: During the official node sale, license owners can participate in and share in the Season 1 Rewards Expedition, with a total allocation worth $50,000 and 88.8 million $TONCAP tokens. Additionally, users can earn a 10% commission during the Whitelist & Public sale rounds, rewarding you for bringing others into the community. “The rush into the TON ecosystem is just beginning. We believe we are on the brink of a significant growth spurt leading into 2025. Our community will be well-positioned to capitalize on this momentum, especially as more Web2 brands transition to Web3 through TON,” says Steven , founder of TON Capital. “Tap2Earn games such as Notcoin, Blum & Hamster Kombat have paved the way for accelerated adoption this year, and next year will see a surge in other sectors like decentralized finance protocols on TON. Ultimately, having large audiences on TON will be the key to onboarding the next billion users.” TON Capital’s Nodes will power a decentralized rewards system designed to reward users for their participation and support of the TON Capital ecosystem. The project has already formed strategic alliances with Zeeve, Cryptorsy, Memefi, Dokdo DAO, Wonton, as well as more than 20 other partners to expand its reach. “Our mission has always been to enhance our influence as a community and ecosystem, positioning ourselves as a pivotal player in the TON ecosystem. We aim to position our community and ourselves for what’s coming for TON in 2025 and beyond” Steven adds. For more information about the TON Capital Node Sale and how to participate, visit https://node.toncapital.com/
The wait is over: the team at Altrea Labs has officially launched its innovative NFT collection, Zenboz Modern Monks on the Base blockchain, available for minting now on Rarible . This new project merges art and AI tech unlike anything seen before in the NFT space. Zenboz stands out as the first NFT project to offer a built-in product/utility that is available from day one of the complete collection sellout. This marks a departure from speculative practices, as Altrea Labs prioritizes delivering real-world utility to its users over mere hype. Zenboz Modern Monks NFT Collection Zenboz Modern Monks NFT offers an innovative and unparalleled collection that celebrates the art of being true to oneself. Created by Altrea Labs, Zenboz is a collection of 10,987 unique NFTs that blends retro pixel art with high-resolution canvas, creating a striking aesthetic. This design sets it apart from traditional pixel art PFPs. Each NFT features 19 distinct attributes and over 230 variants. You can explore more about the project on their website blog . But Zenboz is more than just a pretty NFT collection: it's about empowering individuals to find inner peace amidst the chaos of life. In a world filled with daily stressors and challenges, finding reliable and uplifting support is crucial. Everyone needs a compassionate and wise companion to guide them with ‘monk-like’ wisdom. This is where ZensAÍ comes in – a custom OpenAI-powered chatbot offering light-hearted wisdom and support for daily struggles. As a friendly companion, ZensAÍ access provides daily motivation with anecdotes, helping users navigate life's complexities. The focus on real-world utility sets Zenboz apart from other NFT collections. With Gen-AI incorporation, users can access a unique interactive AI companion that adds more value to their digital collectible. ZensAÍ: A Personal Companion to Mindfulness and Positivity ZensAÍ is a unique AI product designed to promote positivity. Unlike other generic AI services, ZensAÍ offers an experience tailored to mindfulness to support the individual’s needs. Users connect to ‘The Highs’ portal using their crypto wallet containing the Zenboz NFT they own and interact for 3 questions daily for every Zenboz NFT owned. This custom OpenAI-powered chatbot serves as a digital zen companion, providing instant wisdom and support for various life situations. Unique Features of ZensAÍ: Humor and Wit: ZensAÍ combines mindfulness and life advice with humor, making each interaction enjoyable. It draws from a range of references, providing rich, relatable storytelling. Personal Guidance: Tailored to meet your emotional needs, ZensAÍ offers thoughtful, supportive advice that resonates personally. Privacy Focused: ZensAÍ ensures privacy by not storing questions or responses on servers. Instant Support: ZensAÍ acts as a personal companion, offering relentlessly supportive advice and motivation when needed. Daily Positivity: Regular interactions with ZensAÍ promote positive thinking and proactive approaches to life’s challenges. Cost-Effective: Users enjoy ZensAÍ’s benefits without worrying about gas fees, thanks to a business model that covers operational costs through initial sales and resale commissions. What's after this for Zenboz Holders? The upcoming launch of Zenboz Modern Monks NFT marks the beginning of AI-driven interactive NFT products. The team is already working on their next project, code-named "Mythical Creatures," which will build on the AI infrastructure and deliver more engaging, interactive product experiences. Zenboz holders will be crucial in Altrea Labs’ growing universe of art, technology, and immersive experiences. For now, head over to Rarible and mint yourself a Zenboz Modern Monk NFT to join the exciting journey at the forefront of innovation! About Altrea Labs Altrea Labs combines technology and creativity to tackle real-world user problems through innovative NFTs. Its latest Zenboz Modern Monks project focuses on creating product-backed NFTs with immediate utility for holders upon launch and sellout. It's also about building a strong community and paving the way for the future of Web3 experiences. The company aims to steadily develop NFT-centric technologies and AI experiences that seamlessly integrate art and technology, focusing on both innovative products and a robust infrastructure to fully embrace the Web3 future. Anyone curious about the potential of NFTs and their impact beyond just digital assets should pay attention to Altrea Labs. The project's website and the social pages below offer more information about Atrea Labs' vision and goals. Zenboz Mint Page | Zenboz NFT X (Twitter) | Atrea Labs X (Twitter)
CoinsDo , a leading provider of non-custodial digital asset custody solutions, is excited to announce its participation in Money20/20, taking place from October 27-30, 2024, in Las Vegas. This year’s theme, “Humans and Machines Creating a New World”, perfectly aligns with CoinsDo’s vision for digital asset security. As businesses and consumers increasingly interact with digital assets, the collaboration between human expertise and advanced technology is unlocking new opportunities for efficiency and security across the financial landscape. CoinsDo’s participation at Money20/20 is a commitment to leading this change by providing secure, scalable non-custodial digital asset custody solutions in this rapidly evolving ecosystem. Weh Ming, Business Development Manager at CoinsDo, expressed the importance of the event: “Money20/20’s focus on the interplay between humans and machines mirrors what we offer at Coinsdo, where we’re empowering businesses with cutting-edge, non-custodial solutions that integrate human oversight with advanced technology to protect digital assets in a world where traditional and digital finance converge. The future of finance will be defined by collaboration, and Money20/20 is the perfect venue to showcase how we are shaping that future.” CoinsDo will highlight its state-of-the-art non-custodial digital asset custody solution, a timely response to the rising wave of cyberattacks predicted to cost businesses US$9.5 trillion globally . Designed for businesses managing large volumes of digital assets, the company’s solution offers seamless and secure processes for the deposit, withdrawal, and management of digital assets without the need for third-party custodianship, ensuring unparalleled control and security. Attendees are invited to visit CoinsDo at booth 2711 to learn more about how CoinsDo’s solutions can future-proof their digital asset security strategies. The CoinsDo team will be on hand to offer personalized consultations and demonstrate how their platform integrates the latest technological advancements to help crypto businesses safeguard and manage their assets. Useful Links: Website: https://coinsdo.com X (Twitter): https://x.com/CoinsDogroup LinkedIn: https://www.linkedin.com/company/coinsdo/
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