Andrew: WEEX aims to simplify complexity and allow global cryptocurrency users to enjoy all with one account.

CN
10 months ago

On August 13-14, local time, the annual Canada's largest Web3 event, the Blockchain Futurist Conference, was held in Toronto. As one of the sponsors, WEEX Exchange attended the conference. Andrew Weiner, Vice President of WEEX Global, introduced WEEX's vision, platform token WXT, and WEEX Launchpool product during his speech. He also interacted with Funk, Market Advisor of K9 Finance DAO (KNINE), and Calvin Weight, Co-founder of Rain Coin (RAIN), both partners of WEEX, at the event. The following are excerpts from their speeches.

Andrew: WEEX aims to simplify complexity and allow global crypto users to enjoy all with one account

Andrew: Hello, everyone. I am Andrew Weiner, Vice President of WEEX Global. Some of you may not be familiar with the name WEEX. We started building this product overseas in 2018 and entered the market in 2020. Today, we have over 3 million traders in nearly 100 countries and regions worldwide.

With over 700 exchanges in the current market, you may wonder why choose WEEX, why now, and why here?

Traders and users in this field still face many barriers. If you are a trader, you may need 3-5 or even 6 accounts on multiple exchanges to access everything useful in the industry. You may encounter barriers during registration, deposit selection, choice, available services, and educational resources on how to use these products.

WEEX aims to be the "Swiss Army Knife" that breaks down all these barriers, providing users with all functions through a single login portal. At WEEX, we ensure that all customers have a deposit channel, access to derivatives, staking, spot trading, leverage, and smooth withdrawals. We are integrating all relevant partners and technologies to provide you with an end-to-end experience, instant registration, easy deposits, all completed on one platform, which is what users have always wanted.

Why have so many barriers? Let's try to bridge them together. We are very interested in establishing connections and collaborations with projects and services that are innovating in this market and are interested in market opportunities, including those present at this conference.

We have a very clear user base of 3 million traders, mainly concentrated overseas in countries and regions such as China, Vietnam, and India. Anyone who is not currently marketing to or connecting with these audiences in their native language is cutting off a part of the entire market. This is so urgent for innovative projects and service types within the industry, such as alternative assets, DeFi projects, GameFi, NFTs, Web3, and even AI, all of which need a reliable destination for users to obtain an end-to-end experience with less resistance.

So today, I want to introduce to you the WXT project and WEEX's Launchpool. WEEX Token (WXT) is the platform token of our exchange, designed to provide exclusive benefits to our loyal WEEX users. By participating in the ecosystem, users can gain significant value. By holding and using WXT, users will share in the long-term returns brought about by our rapid growth. By holding WXT, you will have access to staking, trading fee discounts, and early access to hot projects. For project parties, WEEX's Launchpool has become the preferred destination for emerging and popular projects in the meme coin field.

What makes us unique?

Our WXT holders receive pool allocations set in our market strategy by depositing tokens, trading, and staying active. When people truly invest their funds and resources and support your project through actual actions, this user behavior makes them more committed. This not only makes them more financially committed but also allows you to build deeper connections with the community you are trying to serve. Your tokens will no longer be airdropped randomly and blindly to people who may not intend to trade. With WEEX, your investment will be worthwhile. We currently have several exciting projects, some of which are already listed on WEEX.

At the same time, I also want to talk about a group that has gathered here, which is SHIB. Let's shout out "Shiba Inu Token," "Shibarium," and all the teams at Futurist providing a VIP-like experience for us. We are very excited to integrate L2 Shibarium, and in the next 6 to 12 months, you will see up to 200 SHIB projects listed on WEEX.

Now, I would like to invite some of our partners to the stage. The first is Funk from K9 Finance DAO.

Andrew: WEEX aims to simplify complexity and allow global crypto users to enjoy all with one account

Funk: Hello, thank you very much for inviting me to the stage. Everyone is familiar with Shiba Inu, which is a top 15 token. Two years after the launch of Shiba Inu, the community rallied and built a technical ecosystem around Shiba Inu. A year ago today, in Toronto, they launched the Shibarium blockchain L2, similar to Matic and Base Chain. Shibarium is seeking to gain a major market share of L2 traders. How are they doing this? They need TVL, they need on-chain trading volume. How do they achieve this? This is where K9 Finance comes in.

For those familiar with Lido Finance, it is Ethereum's leading liquidity staking derivative, significantly increasing Ethereum's trading volume. This is what we want to do for Shibarium, allowing people to lock the Gas token of the chain and earn from it, while increasing Shibarium's TVL and trading volume. We are the official partners of Shiba Inu and have extensive cooperation with them, receiving support from them on social media and more. So, our relationship is very close, and we will work hard to help the SHIB Army build Shibarium.

We also really like WEEX, as they have now integrated Shibarium into their platform. So Shibarium will continue to grow over time. Thank you for your time, and thank you, WEEX.

Andrew: Thank you very much, Funk, and the SHIB Army for your support. The SHIB Army is one of the largest trader communities in the world. If you collaborate with this community, you will immediately gain a ready-made audience. So, for all the builders out there, it's worth it. Next up on stage is another project that I am very interested in. Please welcome Calvin Weight. Some of you may follow him on Twitter, where he often posts great content. Today, he is here to introduce Rain Coin on Polygon.

Andrew: WEEX aims to simplify complexity and allow global crypto users to enjoy all with one account

Calvin: First of all, I want to talk about why we decided to list on WEEX. We have always been committed to finding a global audience for our token, hoping to fully embrace the global market, and WEEX is the gateway to showcase our token to an excellent global audience. I have known Andrew for a while, and his joining WEEX is definitely a plus for us. Because we know that with him behind the company, it gives us a lot of confidence.

Let me briefly introduce what we have done with Rain Coin. Rain Coin was initially an experiment and has now become an interesting economic construct. We explored how to create a token as a store of value. We minted 1 million RAIN tokens and locked them all in a liquidity pool, so there is no team, no controlled wallet, no foundation, nothing to create selling pressure on the token.

Then we added a 1% redistribution share in the smart contract, which means that 1% of any token circulating on our blockchain network is redistributed to the holders. This gives holders an incentive to buy and hold because they are actually earning cash flow or interest on their assets.

So, we have created a scarce digital asset with no team, token unlocks, or any similar internal selling pressure. And it even generates yield while in cold storage. Now, to take it to the next level, we have truly added some gamified elements. Our community is growing, and everyone is very interested in creating some additional value for themselves by staking Rain Coin.

Andrew: Thank you very much, Calvin, for all your support over the years. Finally, everyone, if anyone here is building projects on SHIB, K9 Finance has already demonstrated for you on WEEX. There are no listing fees here, we are only collaborating with you on events and marketing. Please contact me, thank you very much.

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