whalemaker is a platform that connects new crypto startups with investors

in GEMS • 3 years ago (edited)
The crypto industry is growing rapidly, but its development has not been followed by positive things. hacks, privacy breaches, scams, and many other negatives are happening in the crypto industry. the number of scam projects or successful projects that commit fraud is nothing new in the industry. this is what makes the crypto industry viewed negatively in some circles.


Thanks to this stigma, often many crypto startup projects do not get trust, even though their ideas are very innovative and have a great opportunity to develop. the result is that such projects are limited to ideas without any further development. and the irony is the scammers who only offer impossible projects but have little capital accepted by the community, this keeps happening over and over again. there are a lot of scam projects that go like this.

Because of this ICO is no longer profitable and many investors are starting to leave and do not trust projects that want to do ICO. sometime after that, the IEO (initial exchange offering) token sale was popular, which was monitored by the live exchange. this method is quite popular and benefits everyone. but still, scammers are around. nothing can stop them, many projects that use IEOs to seek seed funding turn out to be scams. and like ICOs, IEOs are also becoming obsolete. and has recently returned to the popularity of IDO. a token seller based on decentralization. IDO is used by some new projects to raise funds for initial development. but this is not very good, and less popular.

Such methods are good enough to raise development funds. but the lack of supervision on the startUP project, then these methods are misused by scammers. That's why we need a supervisor who can audit, review, and play an active role to prevent the startUP project from committing fraud. IEOs may appear capable of doing this, but the truth is that exchanges are only interested in money. they don't even have a definite standard for judging what kind of projects they work with. only by paying for the IEO service, the startup project can sell tokens on the exchange. this is a mistake to solve, but no one wants to do it. that's why we need a platform that can do things like this. and after using the platform's last long duration as if it had come true, that platform was a whalemaker. a Crowdsale platform that aims to collect the best crypto startup projects with investors. for more details, read the explanation below.



Explanation of the Whalemaker project



whalemaker is a committed decentralized community helping crypto StartUPs to raise development funds. WhaleMaker intends to solve a common but neglected blockchain financial problem by providing startups with access to pre-sale of new crypto projects and a dedicated launchpad with access to capital. In addition, the sales private at WhaleMaker includes projects launched on Ethereum, Polkadot, and the Binance Smart Chain, unlike other platforms that do not offer such diversity.


For new startups, the core of the project lies in being able to access sufficient funds from reliable sources. however this is not easy for most startUPs, even the best ideas sometimes lack sufficient funds to be able to achieve their goals due to a lack of trust caused by a platform with bad quality. Whalesmaker sees this and strives to provide services that can be of benefit to crypto startups and investors alike.

Roadmaps

How the Whalesmaker platform works

The idea of ​​this project is great, but most importantly how they do it. it is not easy to create a good ecosystem, without making mistakes. but it looks like a whalesmaker can do it. because WhaleMaker is working on a special social finance model that empowers new projects looking to raise capital, together with WhaleMaker launch advisors. Unlike other launchpads that do with multiple rounds, WhaleMaker doesn't work on a lottery basis for allocation. On the other hand, WhaleMaker has a fair allocation solution. by dividing investors according to the level they are at. That way they can access the pre-sale of the project and invest in it early to maximize their returns. There is complete transparency and equality in WhaleMaker's operations. It also works further on its allocation solutions, which will allow its users to participate in projects above and beyond what the market provides them.

Several levels of members at Whalemaker

as I explained above on this platform investors are divided into several levels. that way they can access the pre-sale of tokens fairly. on the Member's whalemaker platform it is also called Whales. whales or members are categorized into different tier groups based on the number of tokens they hold. the more tokens in the user's Ethereum wallet, the higher the rate. It is these tier groups that determine which and how many allocation opportunities a member has access to, along with other special prizes and privileges.

Being whale is easy, all you need to do is buy Whale tokens and store them in the Ethereum wallet of your choice to gain access to the membership level therein. A special bot keeps track of the number of tokens in your wallet, based on which you can continue to move up / down membership tiers automatically and get a refund of your sale accordingly.

Function of the Whalemaker token (WAKER)

WAKER is an Ethereum based token (ERC20) that is used to access private deals, governance, and interact with the whalemaker ecosystem for joint deals. The usefulness of these tokens will increase over time as the platform develops.

How about my explanation about this project ?. I think this project is pretty good, one thing that I think is a drawback is their token is still based on ERC20 which uses the ethereum network. Transaction fees are quite expensive to make some, which makes some people think twice about buying their tokens later. but despite all that I find this project interesting. not only does it provide token sale services, but they play an active role in selecting what startUP projects to launch on their platform. The whalemaker also acts as an auditor to monitor the progress of the project, so that the risk of the startUP project committing fraud can be reduced. I can't wait for their platform to operate, and what kind of projects they collaborate with.

According to the information I got, the Whalemaker will do the IDO on the Uniswap platform, but for the exact date, they haven't announced it yet. if you want to get the latest news, you can visit one of the links below.

Created By : Kidbounty
https://bitcointalk.org/index.php?action=profile;u=1044725
@rivalrin22

#whalemaker #altcoin #crypto #investment #fund #gems
3 years ago in GEMS by
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