WHALE WHALE Price

What is WHALE (WHALE)?

WHALE: Revolutionizing Social Tokens with Rare NFT Backing

Introduction: WHALE ($WHALE) has emerged as a groundbreaking social token, setting itself apart by being the first to back its value with an impressive collection of rare NFTs. Launched in May 2020 as an Ethereum ERC20 token, WHALE operates on a blockchain-based platform, aiming to blend the sustainability of fiat currency with the innovation of blockchain technology.

The Vault

At the heart of the WHALE platform lies The Vault, a curated collection housing some of the rarest NFTs since 2019. From Gods Unchained to Avastars, The Vault's value forms a fundamental pillar of $WHALE's worth. Founder WhaleShark envisions a return to "true tangible asset-backed currency," placing emphasis on the power and leverage inherent in rare artworks and scarce collectibles.

Governance through WHALE DAO

WHALE's governance is decentralized and managed through the WHALE DAO, allowing token holders to actively participate in decision-making. Through staking, users become eligible for a 2-step voting process, influencing aspects like community events, budget allocations, and the sale of NFT assets within The Vault.

Incentives for Token Holders

WHALE incentivizes users to hold their tokens by offering a range of exclusive benefits, including access to membership channels, NFT airdrops, $WHALE airdrops, networking opportunities, and more. This strategy aligns with the platform's community-centric approach, fostering loyalty among members.

Market Presence

Trading of WHALE occurs on various centralized and decentralized exchanges, with Uniswap V2 and Gate.io being popular choices. The platform's commitment to transparency is evident through its publicly audited collection on the OpenSea NFT marketplace.

Historical Journey

Founded by the pseudonymous WhaleShark, an NFT collector since 2019, WHALE started with a Vault managed exclusively by the founder. However, with the introduction of the WHALE DAO in September 2020, the community gained control, turning WHALE into a truly community-driven project. As of January 2022, The Vault's value exceeds $150 million, housing over 13,000 individual assets.

Innovations and Programs

WHALE's commitment to innovation is reflected in its NFT mining initiative, rewarding creators who stake curated NFTs for exclusive sale through The Vault. The platform also introduced the $WHALE Liquidity Mining program, allowing holders to earn more $WHALE by providing liquidity through Uniswap. Noteworthy listings on centralized exchanges like Huobi and the recent addition to Kucoin in Q4 2022 further solidify WHALE's market presence.

WHALE stands as a pioneer in the world of social tokens, redefining value through its rare NFT-backed approach. The community-driven governance, unique incentives, and commitment to innovation position WHALE as a notable player in the evolving landscape of blockchain and digital assets.

What is unique about WHALE (WHALE)?

WHALE is the first social token backed by a diverse collection of rare NFTs stored in The Vault, offering a unique fusion of tangible assets and blockchain technology. Its community-centric approach, exclusive benefits for token holders, and innovative governance through the WHALE DAO set it apart in the crypto space.

Who are the founders of WHALE (WHALE)?

WHALE was founded by WhaleShark, a pseudonymous NFT collector who has been a key player in the rare digital art and collectibles business since 2019. WhaleShark's vision of creating a community-driven platform led to the launch of WHALE in May 2020.

Where can I buy WHALE (WHALE)?

You can buy WHALE (WHALE) on Uniswap V2 (Ethereum) cryptocurrency exchanges.