Charlestown, Saint Kitts and Nevis, November 18th,
2024, Chainwire
WeFi, the next-generation financial platform dedicated
to reimagining access to global financial tools, successfully
holded the highly anticipated Token Generation Event for its native
$WFI token on Friday, November 15th. Following the TGE, $WFI
debuted on Bitmart on
November 18th, opening up new avenues for participation and
interaction within the WeFi ecosystem.
The $WFI token is the lifeblood of WeFi’s ecosystem, which seeks
to empower users with a seamless blend of DeFi and traditional
financial tools. Initially launched on Binance Smart Chain (BSC),
$WFI will soon migrate to WeFi’s own WeChain blockchain, where it
will power everything from liquidity pools and transaction fees to
staking and advanced dApps. With a fixed supply of 1,000,000,000
tokens, $WFI was engineered to foster a unique ecosystem that
values community participation and sustainable growth over quick
gains.
The TGE for $WFI embodies WeFi’s commitment to a Fair Launch
model, ensuring that all participants have equal access to the
token from the outset, without the advantage of pre-sale
allocations or VIP access. This Fair Launch approach aligns with
WeFi’s mission to create a Financial ecosystem rooted in
transparency and inclusivity, making $WFI accessible to a broad
community of users.
A key feature that sets WeFi apart is its non-custodial account
system, which seamlessly bridges Web3 and traditional banking.
Users maintain full control of their digital assets while enjoying
everyday banking convenience: their Web3 wallet connects directly
to a non-custodial bank account linked to a credit card, enabling
automatic spending from their crypto holdings without manual
top-ups. This means users can spend their digital assets as easily
as traditional currency while retaining complete custody of their
funds.
This non-custodial design is expected to be a defining feature
for WeFi, empowering users with secure, self-managed access to $WFI
and positioning WeFi as a forward-thinking platform in the DeFi
space.
A central pillar of WeFi’s approach is the Initial Technology
Offering, or ITO platform, which facilitates community-driven token
distribution through ITO nodes. These nodes allow early adopters to
mine $WFI while also granting access to exclusive WeFi services,
early listings, and additional rewards – creating a multi-faceted
engagement model. Since its inception, the ITO platform has seen
remarkable activity, with over 35 million $WFI tokens already
minted, reflecting robust community support and interest in WeFi’s
vision. Through ITO nodes, WeFi doesn’t
just focus on mining but builds a network of committed users
actively participating in the platform's growth and evolution.
Maksym Sakharov, Co-Founder and Group CEO of WeFi
shared his enthusiasm about the TGE and the ecosystem’s
trajectory: “Our vision is rooted in the belief that access to
the global economy is a fundamental right. We see a future where
everyone, regardless of location or wealth, can claim their
financial freedom through a secure, accessible, compliant, and fair
financial system. We’re building a financial infrastructure that
respects user autonomy and fosters inclusivity on a global scale.
$WFI is the heartbeat of our platform; it facilitates everything
from day-to-day transactions to secure staking, and it’s tailored
for real use within our evolving ecosystem”.
Sakharov added: “The TGE is a milestone that brings us
closer to our vision of a new banking system where users truly own
and benefit from the system they support. We’re thrilled to see
$WFI go live on a major exchange, for more users to engage with
WeFi and take control of their financial future.”
The $WFI listing on Bitmart at 11 AM UTC on
November 18 kickstarted the journey. The deposits were opened on
November 16 at 11:00 AM UTC, and withdrawals will be available
starting November 19 at 11:00 AM UTC. This initial launch will
boost liquidity and create new entry points for users globally,
amplifying the reach of WeFi’s ecosystem.
As WeFi advances, the platform’s development roadmap includes
further integration with the WeChain blockchain and the continued
rollout of Neobank services. This TGE marks a significant chapter
in WeFi’s journey to create a community-driven ecosystem that
combines financial freedom with robust utility, thus signaling a
new era of possibilities for decentralized finance.
About WeFi
WeFi is a pioneering global blockchain ecosystem and intelligent
data platform dedicated to transforming finance through the
integration of AI and blockchain technology. Focused on building a
more inclusive and accessible financial system, WeFi leverages
AI-driven nodes to analyze transactional patterns, proactively
prevent financial crime, and deliver transparency,
interoperability, and real-time insights to the global finance and
fintech sectors. Through its Initial Technology Offering (ITO),
WeFi invites early adopters to participate in the ecosystem,
earning rewards while contributing to its mission of democratizing
finance and setting new regulatory standards worldwide.
For more information, users can visit WeFi’s ITO website
at wechain.ai or follow
us on X
for updates on $WFI and the WeFi ecosystem.
Contact
WeFi
press@wefi.co