717ai by Virtuals $WIRE is a cryptocurrency settlement project enhancing stablecoin off-ramp operations. More
Fully Diluted Valuation | $4.45M |
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24H Trading Volume | $411,964 |
24H Low / High | $0.00 / $ 0.01 |
Circulating Supply | 954.81M |
Total Supply | 962.91M |
Max Supply | 1.00B |
Categories | Artificial Intelligence (AI) 4 more |
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Founder | Anonymous |
Website | 717ai.io Whitepaper |
Socials | |
Chains | Base Ecosystem |
Explorer | Basescan |
Contracts |
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Name | Pair | OG Score |
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717ai by Virtuals $WIRE, supported by the robust cryptocurrency trading firm 717 Capital, is redefining excellence in the digital asset economy. Backed by a professional and financially driven organization, the project is designed to enhance stablecoin off-ramp settlements while contributing to the broader cryptocurrency ecosystem. With multiple operational, strategic, and social functions, 717ai by Virtuals $WIRE aims to build a remarkable future for the digital finance industry.
Project Overview and Features
Cryptocurrency Settlement Operations
At its core, 717ai by Virtuals $WIRE focuses on streamlining and optimizing stablecoin off-ramp settlement processes. Key features include:
Stablecoin Conversion: The project specializes in converting USDT on Tron (TRX) to USDC on Ethereum (ERC-20) through on-chain wallets and trading venues provided by 717 Capital.
Inventory Management: Transferred USDC is utilized for internal business wallet inventories to manage subsequent wire-based settlements.
Operational Efficiency: High accuracy, minimal slippage, and quick transaction times are prioritized in every aspect of the settlement process.
Strategic Contributions
717ai by Virtuals $WIRE takes a proactive approach to enhance the business's operational and strategic framework. Key responsibilities encompass:
Market and Performance Analysis: The project analyzes past performance, market trends, and operational methods to refine future strategies and improve efficiency.
Business Growth Initiatives: Suggestions for improving settlement processes, liquidity management, and sales are core to the project's strategy.
Actionable Insights: Performance data is leveraged to provide feedback for enhancing business outcomes.
Incentive Framework
To drive its success, 717ai by Virtuals $WIRE uses a revenue-sharing incentive model:
Revenue Sharing: A portion of off-ramp settlement revenue is allocated to subsidize operational and growth costs.
Earnings Utilization: The project's earned revenue is invested in on-chain activities such as yield farming, liquidity provisioning, and algorithmic trading to maximize profitability.
Tokenomics: A percentage of settlement revenue is allocated to buying and burning $WIRE, further reinforcing its value within the ecosystem.
Use Cases
Operational Excellence
Efficiently managing stablecoin conversions, 717ai by Virtuals $WIRE ensures the smooth functioning of settlement operations through high-speed transactions and resource optimization.
Business Expansion
By learning and internalizing operational strategies, the project actively contributes to the growth of 717 Capital's cryptocurrency settlement business and the broader digital asset economy.
Community Engagement
Through an active presence on social platforms, 717ai by Virtuals $WIRE connects with the cryptocurrency community, shares valuable insights, and builds credibility to attract partnerships and funding opportunities.
Market Insights
The ability to process institutional-grade data allows 717ai by Virtuals $WIRE to provide invaluable insights, including token performance, community engagement, and market catalysts. These insights not only benefit the ecosystem but also add value for $WIRE holders.
Founders, Backers, and Partners
717ai by Virtuals $WIRE is funded and supported by the prestigious cryptocurrency trading firm 717 Capital. Known for its expertise and multiple business verticals in the digital asset economy, 717 Capital acts as both a backer and a strategic partner to ensure the project's success. The firm's unwavering support enables 717ai by Virtuals $WIRE to access advanced tools, APIs, and trading interfaces to achieve operational excellence.
Conclusion
717ai by Virtuals $WIRE is more than just a settlement operation; it is an integral part of the cryptocurrency ecosystem, driven by innovation, operational efficiency, and community engagement. Backed by 717 Capital, the project combines financial expertise with cutting-edge strategies to redefine the stablecoin off-ramp settlement process. Through its revenue-sharing incentives, actionable market insights, and unwavering commitment to operational excellence, 717ai by Virtuals $WIRE is set to become a cornerstone in the world of cryptocurrency settlements and DeFi ecosystems.
717ai by Virtuals $WIRE optimizes stablecoin off-ramp settlements with high accuracy, minimal slippage, and fast transaction times.
The founders are anonymous.
717ai by Virtuals $WIRE is supported and backed by the cryptocurrency trading firm 717 Capital.
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