$WyBTC Crypto project has reached NormalCap!
What is WyreBitcoin Coin ($WyBTC)? WyreBitcoin.com launched its own cryptocurrency WyreBitcoin Token (WyBTC) in September 2021
with the goal of establishing a long-term beneficial economic ecosystem to be used by its
customers. The token is based on Ethereum’s ERC-20 standard.
WyBTC Token is a digital currency. It uses peer-to-peer technology to operate with no central authority or banks; managing transactions are carried out collectively by the network.
In its essence, WyreBitcoin Coin ($WyBTC) is a Loyalty Program: the customers of the
WyreBitcoin exchange are rewarded with the coins for the use of the platform, and, in turn,
holding these coins offers them a number of advantages when using the WyreBitcoin platform.
Such as listing your own ICO, or listing your cryptocurrency in our wallet,
or sharing services on our social networks.
However, unlike a traditional loyalty program, the use of a cryptocurrency offers a range of
unprecedented improvements, such as the ability for customers to transfer the loyalty tokens
between each other, or trade them on an open market, creating an ecosystem that is an order of
magnitude more democratic and user-oriented than any traditional loyalty economy.
This positive dynamic, which offers the more benefit the longer a customer uses the
WyreBitcoin platform, differentiates the exchange from its competitors and ensure a long-term
business-client relationship that is advantageous to both parties.
Where can I buy $WyBTC? At the time of writing, WyBTC could only be purchased on the Wyrebitcoin Platform, at https://www.wyrebitcoin.com/buy-wybtc .
Who is the founder of WyreBitcoin? WyreBitcoin was founded by Balu Ioan (CEO & Founder). Ioan is a progressive cryptocurrency investor, Freelance and Web Developer with more than 9 years of experience. Having developed website projects with over $1M of valuation. Senior Trader on virwox.com, in the 8 years here, Ioan has gained extensive experience in the world of cryptocurrencies. Focused on bringing tokenization, the future of modern finance, into the mainstream. Delighted to support the most revolutionary blockchain solutions. Passionate about electric car mobility and the car truck market. https://www.linkedin.com/in/ibalu/
As for the rest of the team, it is helped by dear friends, such as crypto traders and a few small investors, but who want to remain anonymous for now, until the project grows.
Token Utility At the initial stage, WyreBitcoin Coin (WyBTC) will allow its owners to obtain a Membership
Status at WyreBitcoin, conferring a number of advantages when using the platform to exchange
cryptocurrencies. These include:
- Right to vote on new cryptocurrency listings on WyreBitcoin.com
- High priority customer support on WyreBitcoin.com
- Exchange your own WyBTC with other cryptocurrencies
available in the Wyre Bitcoin Wallet.
- Earning interest on Bitcoin, exchange BTC to WyBTC in our automated market maker (AMM), (MM), user can earns interest on bitcoin by providing liquidity to exchange. (Sample page)
With further development of the WyreBitcoin exchange platform and ecosystem at large, the
holders of WyreBitcoin Coin will have priority access to any newly implemented features.
In addition to regular exchange customers, part of the total supply of WyreBitcoin Coins will be
distributed in a similar way among WyreBitcoin’s affiliate partners and will confer extra benefits
to them, such as preferential fees and payout limits. This will ensure long-term cooperation
between WyreBitcoin and its partners and improve the robustness of the entire ecosystem.
Governance – holders of $WyBTC will be able to decide about the future investments, timing of buybacks and many other activities.
Staking – by staking $WyBTC users will increase both the voting power and the size of their allocation.
Tokenomics Max Total Supply: 50,000,000,000
- 75% Reserved for Private investors. 3% Reserved for Advisors.
- 2% Reserved for bonuses for the team. 4 year vesting with 2.5% release every 6 months.
- 4% Reserved for the development. Locked for 6 months since launch.
- 2% Reserved fund for risk prevention.
- 6% Reserved for other marketing activities (rewards, bounties and market making). These tokens will be distributed during next 12 months.
- 4% Will be distributed during the Bounty
- 4% Will be distributed during the Airdrop