Blockchain
Project: One Whale Attempts to Revolutionize the Crypto Industry as It Brings Unique Use-Case to the Table
Manila, Philippines–(Newsfile Corp. – November 25, 2021) – With the crypto ecosystem gaining massive traction as the day goes by, hundreds of projects are regularly being added on the blockchain, one of which is One Whale.
Figure 1: Project: One Whale Attempts To Revolutionize The Crypto Industry As It Brings Unique Use-Case To The Table
One Whale is proud to announce launch of its platform, with aim to encourage crypto enthusiasts and create different revenue streams for users to generate income.
One Whale Token
One Whale has a utility token with the symbol “POW.” This native token can be used to make purchases within the One Whale ecosystem or protocol. Token holders can use POW to pay for transaction fees and enjoy a discount. One Whale seeks out a manual buyback that translates to unlimited $BUSD rewards.
The POW token features an anti-whale mechanism. This limits the sale of the token to a maximum supply of 0.25% of the total volume in circulation. The project charges a 15% tax for every transaction carried out on the One Whale network. The fees charged are distributed as follows:
- 8% of the fee is allocated for BUSD reflection
- 2% for auto buyback engine
- 2% for liquidity pool
- 3% for One Whale investment fund and marketing wallet
Investment Fund And Marketing Wallet
For every transaction involving POW, a 3% fee is charged and allocated to the One Whale investment fund and marketing wallet. The proceeds from this wallet will be reinvested in existing or new crypto-related projects with a lot of potential for token holders to earn.
The team at One Whale will also invest the revenue accrued in the investment fund and marketing wallet in various crypto exchanges and forex trading in a bid to guarantee continuous revenue streams. Concurrently, the proceed would also be used to promote and advertise One Whale in and out of the crypto space, concentrating on the following areas:
- R&D For Future POW Integrated Projects and New Use Cases
- Social Media Push through Sponsorships and Influencers
- Running Cross-Platform Ads and News Articles
- Relentless Hype and Traction Generation
- Spreading the POW Brand and Image
How One Whale Is Unique
One Whale’s primary utility, which will be 100% ready upon launch, is to invest in a wide range of financial instruments, so holders can immediately benefit from the project’s self-sustaining design. Whether you decide to invest at launch, in the middle, or you plan to be the last man standing, One Whale has several benefits. The profits generated from the project will be used to continuously buy back POW tokens to sustain the project.
BUSD Reward
All POW token holders will get rewards, including 8% of every transaction that would be distributed in the form of BUSD tokens. The rewards would be automatically credited to the various wallets.
Whale Pod (One Whale Ecosystem)
Another innovative utility is the Whale Tank, a business incubator concept similar to the TV Series Shark Tank. People with unique ideas for new tokens can pitch their ideas to the One Whale community and they will decide if they will provide full support for the said project, from token coding, launching, and marketing.
The team at One Whale will also create a VIP trading signal, trading bot service, and copy trading app so that token holders can reinvest their earnings without any hassles.
The project also intends to provide investors an all-in-one dashboard and DApp where investors can self-manage their investment portfolio and also create multiple revenue streams.
Partnership with FOMOLABS
Amongst many milestones that One Whale has achieved in recent weeks, it is the collaboration with FOMOLabs that stands out. And is going to announce many more such partnerships in coming days/weeks.
Listed on FegEX, CoinMarketCap, and CoinGecko
One Whale is listed on FegEx to give exposure to its community and allow for more accessible trading for some. Users can also find POW Token on CoinMarketCap and CoinGecko, where it got listed just recently.
CoinMarketCap: https://coinmarketcap.com/currencies/project-one-whale/
CoinGecko: https://www.coingecko.com/en/coins/project-one-whale
BSCScan: https://bscscan.com/token/0x0196D4D37990aB2e1f7BC8607C7b4198A360c48f
About One Whale
One Whale is a revolutionary revenue generating project laden with exciting opportunities for investors to earn continuous passive income. The project’s concept is simple, practical, and relevant in today’s digital economy.
Social Media Handles:
Twitter: https://twitter.com/ProjectOneWhale
Telegram: https://t.me/ProjectOneWhale
Linktree: https://linktr.ee/ProjectOneWhale
Media Details
Company Name: One Whale
Contact Name: Jay Rosario
Email: [email protected]
Website: https://www.onewhale.net/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105162
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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