CDS Startups WeWay the Web3 Community Driven Ecosystem
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WeWay the Web3 Community Driven Ecosystem

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WeWay the Web3 Community Driven Ecosystem

WeWay is a Web3 ecosystem that acts in a completely community-oriented way. Recently Herbert Sim, known as The Bitcoin Man, became the CEO of WeWay!

WePad

WePad is the first of the three main components of the WeWay ecosystem (WePad, Mad Backpacks and WeWay Academy). WePad is an IDO Launchpad for the best crypto Start-up projects. WePad enables projects to access the best launchpads in the world with first-class partners and the best KOLs. In addition, WePad’s in-depth analysis during the project selection phase and special selection criteria mean that only the highest-level projects will be available on WePad. WePad has also recently announced a bonus program. WePad’s vision and approach to the projects are as follows;

Community

  • Transparent scoring methodology.
  • Publicly available IDO reports.
  • Deep community engagement.

Technical

  • Maximum decentralization.
  • Transparent Proportional System and methodology.
  • Open-source smart-contracts and audit reports.

Extremely strict selection of projects

  • Detailed and comprehensive scoring system.
  • A top-notch team of analysts.
  • Strict AML/KYC procedures.

Community Engagement

  • We are supported by a number of trusted KOLs, and that generates significant traction for many commercial and user projects.
  • Strong community involvement in the decision-making process and close interaction with WePad.
WePad
WePad

A Guide to Earn on WePad

To earn on WePad, you first need to own WWY tokens. After becoming a WWY token owner, there are 3three steps you need to do. These are;

  1. Stake WWY
  2. Complete KYC verification
  3. Join IDO

Before joining IDO, your WWY staking and KYC verification processes must be completed. Also note that your KYC verification process must be completed 24 hours before the start of the IDO. For staking, you need to have WWY and a certain amount of BNB tokens in your wallet. Then perform the necessary steps by connecting your wallet from the WePad website.

The IDO Process

Before joining the IDO, you must stake at least 10000 WWY tokens and your KYC transaction must be completed 24 hours before the start of the IDO. There are details of the projects listed on the Wepad. After accepting the Wepad terms of use, you can join by clicking the ‘join’ button. The IDO ends after 24 hours or when the fundraising goal is reached. The token allocation that takes place at the end of the IDO is based on certain parameters. For detailed information here.

Projects

There is currently one project on the WePad platform that has completed the IDO process. The IDO of the Medieval Empires game is available recently. Projects waiting for the near future are; Iguverse, Mad Backpacks and Bearverse.

Projects
Projects

WeWay Academy

WeWay Academy is an academy platform that works with the Learn2Earn model. The platform gives students free lessons about crypto and blockchain. WeWay Academy aims to teach 1 million students by the end of 2023.

The platform has a 2-day training that took place recently. Fuad Fatullayev, who has 10 years of experience in launching and developing fintech startups, will give this training. At the end of this training, students will learn;

  • What is Blockchain? What are the types of crypto currencies?
  • Four ways to get passive income from cryptocurrencies
  • How to load, buy, withdraw Wallet Balance
  • The differences between crypto wallets
  • How do you secure your wallet?
  • The Future of Crypto: NFT and the Metaverse
  • How to trade on crypto exchanges?
  • How do you choose which coins to buy?
  • How to work with IDO?

At WeWay Academy, students will be able to access the answers to these questions while at the same time testing them in practice.

Mad Backpack

Mad Backpack is a location-based find-to-win game that combines the best features of P2E and move-to-earn, created by WeWay. The Mad Backpack game is powered by augmented reality. The main goal of Mad Backpack is to take move-to-earn games to the next level. They have combined AR technology, real-world exploration and various game mechanics.

Features of Mad Backpack

  • Backpacks with its traits and abilities
  • AR map navigation
  • Special items & perks
  • Mini Games
  • PvP, Guilds and social interactions
  • Dual token model

Game Content

We start the game by taking the backpack that is given for free. You can start navigating by selecting an area on the in-game map. Wouldn’t a friend be nice when you’re browsing? By joining guilds, you can control larger areas and get a chance to win more daily prizes and bonuses. There are no conditions to win, it’s enough to have a phone and a backpack. The game can be played in both PvE and PvP form. The game is based on a system where you collect rewards by walking around the map and throwing your backpack. There are also mini-games in the game. You can also get extra earnings with these mini games.

There are features of backpacks such as Capasity, Accuracy, Durability and some advantages that these features provide to players. You can upgrade, repair, lend and borrow your backpack.

Mad Backpack Tokenomics

The Mad Backpack game works with a Dual token model. Each of the two tokens in the game has separate tasks and uses. The total supply of WWMB Tokens is 400,000,000, and its distribution is as follows;

WWMB Tokenomics
WWMB Tokenomics
WWMB Token Utility
WWMB Token Utility

Mad Backpack Roadmap

Mad Backpacks Roadmap
Mad Backpacks Roadmap

WeWay Community

WeWay aims to increase awareness and expertise in the crypto world by bringing crypto enthusiasts together. There is also the Academy platform used for this. However, WeWay has a large user base as a community. WeWay currently has 46.7k followers on Instagram, 46.3k on Twitter, 40k on Telegram, 6k on Discord and 27.7k on Facebook. Recently, Herbert Rafael Sim (”The Bitcoin Man”) became the CEO of WeWay. With this news, we can say that this community will grow much more.

WeWay Tokenomics

The token of the WeWay platform is the WWY token. Its total supply is 10,000,000,000 and its distribution is as follows.

WWY Tokenomics
WWY Tokenomics

About Herbert Sim

WEWAY’s new CEO is Herbert Rafael Sim. Many people may also remember Herbert Sim as “The Bitcoin Man”. Herbert is a philanthropist, entrepreneur, investor, digital illustrator and writer. Herbert is currently one of the fewer than 50 verified ‘blue tick’ public figures in the Cryptocurrency and Blockchain industry, in the world, across social media platforms. Herbert is also the founder of Crypto Chain University (CCU), the world’s first repository institute for Blockchain and Cryptocurrency research, founded in February 2010. Herbert has contributed to leading international publications such as Forbes and the Huffington Post. Herbert was previously the Marketing Director of the Cryptology exchange, and before that he was the Director of Global Operations at Huobi Global.

Herbert was the CEO and founder of high fashion & luxury online magazine, WardrobeTrendsFashion a.k.a. WTF.

This website HerbertRSim.com , is Herbert’s official personal website, which has the official URL shortcut of the rare single character domain name – .com. Herbert used ☓.com for Crypto Chain University, from February 2010, and acquired it back from Crypto Chain University on 10 December 2014. The English alphabet, X.com is owned by Elon Musk. ☓.com’s unicode/punycode is xn--33h.com. The symbol of “☓” known as Saltire, is also called Saint Andrew’s Cross or the Crux Decussata. It is a heraldic symbol in the form of a diagonal cross, like the shape of the letter X in Roman Numeral of the number 10.; of which holds strong personal meaning to Herbert. Intermittently, Herbert Sim used SuperHacker.com as his website/blog, today, the url is used as a shortcut pointed to ‘The Bitcoin Man’ page. To review Herbert’s personal website X.

Herbert R.Sim
Herbert R.Sim

Summary

WeWay is a Web3 ecosystem that has taken important steps for the adoption and specialization of the crypto world. Its completely community-oriented structure and the innovations it brings within the platform stand out. In particular, the fact that Herbert Sim is the new CEO of the platform is a harbinger that the platform will bring various innovations in the future. The WeWay ecosystem consists of three main components. Each of these ecosystems attracts attention with its community-oriented structure. WeWay has an academy for students, an IDO Launchpad, and a game called Mad Backpack. WeWay caters to a large community. Together with Herbert Sim, we will see how much development the WeWay community will make in the coming periods.

SOURCE

Written by
oguz

The author is a political science and public administration student at Kocaeli University. He is also studying Management Information Systems at Anadolu University. He met Blockchain technology and Cryptocurrencies for the first time in 2019. Interested in cryptocurrencies for over 2 years. In addition he provides E-commerce and social media marketing services.

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