TWFT: a token created by The Wealth Protocol ®, to provide DeFi funding and investment opportunities across the globe.
TWFT: a token created by The Wealth Protocol ®, to provide DeFi funding and investment opportunities across the globe.
The Wealth Protocol ® (‘the Protocol’) is a community-based initiative to organise and empower crowdfunding and create Decentralised Finance ('DeFi') opportunities for wealth creation in the blockchain arena. The Wealth Funding Token ('TWFT') has been launched to garner support for this idea.
The Protocol aims to provide state-of-the-art financial management expertise to deliver widely accessible, low-cost, yet innovative financial packages to individuals and businesses, free of border and local currency restrictions, with the help of blockchain technology.
The Protocol strives to bring wealth creation opportunities to all people and businesses that would otherwise have to face challenges under the current financial system. By offering ethical and transparent wealth creation and management solutions, we are persevering to provide an exemplary and unique financial system to the world. Our business model believes that all brilliant ideas deserve investment.
Through our planned future projects, such as our own proprietary crypto wallets, crypto-fiat gateway solutions, crypto exchange and various DeFi initiatives, will facilitate fiat-crypto transactions and asset tokenisation, whilst providing a platform for other tokens and NFTs to list through our exchanges. We have taken the initiative to facilitate the adoption of globalised asset tokenisation.
Providing democratised wealth creation opportunities, by leveraging on the decentralised financial innovations, free from geographical boundaries and artificial restrictions, such as social class differentiations.
We have gone through four general rounds of fund raising, defined as:
Although we have the pre-IDO outlined in our structure, our aim will be to encourage widely dispersed public holdings after the IDO as a safeguard against whale dumping.
Since this is a community based project, token holders are our community and their interests are the Protocol's top priority.
We are to carry a complete disclosure policy from day 1. All our updates and progress will be shared on the website and other channels when ready, so that Token Holders can take informed decisions.
Our team has been putting tremendous effort in finding the right solutions for the Protocol and the token holders. We believe in continuous improvement so we can give the most reliable service in the DeFi space and beyond.
In the crypto space, this is a rare find, however the Protocol voluntarily takes the accountability into consideration. The governance stake has been allocated 5% among the entire token holdings, which we believe is just about enough to align the interests of the governance with the token holders.
In recent months, numerous crypto-tokens have been successfully launched, with many gaining exceptional value in a very short period. The Protocol has created it's own token, TWFT, to capitalise on this trend. TWFT operates as a decentralised financial application on the Binance Smart Chain Network by replicating critical concepts used in conventional financial applications.
All DeFi tokens have one thing in common and that is the value accumulation essentially through digital crowd funding. We present a similar analogy for TWFT but what makes us different is:
All under the banner of The Wealth Protocol ®.
WE AIM TO OFFER IN FUTURE
THROUGH
SIMPLE AND EASY STEPS!
Buy TWFT tokens to fund the Protocol, funding is allocated for the project activities. Profit from the Protocol's activities will be directed for reinvestment, to add utility and value to the tokens.*
At achieving each of the milestones on the roadmap, specific tokens will be burned as confirmation of achievement.
*Subject to obtaining important licences, for your protection, peace of mind and to ensure legal oversight.
Total supply at the time of issue 1.0quad
Burns target 0.44124quad
Tokens to remain 0.5876quad
Token burns are discretionary, subject to achievement of project milestones given in the roadmap.
For execution of TWFT:
10% transaction fees would be applied;
of which:
6% fees would redistributed back to the token holders; and
4% is directed for the liquidity pool
The transaction should act as liquidity buffer and discourage selloffs. The fees proceeds are then redirected back into the Protocol.
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