What is Woonkly Power?
Woonkly Power (WOOP) is a revolutionary decentralized social media network that leverages the power of non-fungible tokens (NFTs) and the interplanetary file system (IPFS). By decentralizing social posts and empowering users, Woonkly Power aims to create a new paradigm where individuals can earn through NFTs and gamification.
The primary vision of Woonkly Power, as outlined in its whitepaper, is to serve as the world directory bridging the gap between reality and the metaverse. This innovative platform connects creators, influencers, and international brands with the metaverse, play-to-earn games, and users, fostering a vibrant ecosystem of interaction and collaboration. Woonkly Power operates on both the Binance Smart Chain (BSC) and Ethereum, with plans to include Avalanche and Solana networks and eventually migrate to its own public blockchain.
Users of Woonkly Power have the ability to upload their audio-visual works, attract followers, and monetize their content effectively. Every post on the platform is transformed into an NFT, granting users complete control over their data and ensuring the preservation of their intellectual property. Unlike traditional social media networks, where content is stored on centralized servers, Woonkly Power utilizes the interplanetary file system (IPFS). This allows for decentralized storage, where content is distributed across users' computers, promoting data ownership and privacy. IPFS facilitates seamless interaction and collaboration between creators, influencers, gamers, talents, and the metaverse, opening up new avenues for content monetization.
At the heart of the Woonkly Power ecosystem lies the WOOP token, a utility token that operates on the Binance Smart Chain (BSC) network. WOOP token holders enjoy various benefits, including a 50% reduction in commission when trading NFTs within the social network. Users can also earn income through advertising and other services provided by the platform, creating additional revenue streams.
The token distribution within the Woonkly Power ecosystem is allocated strategically to ensure its stability and growth. The token supply is divided as follows: 2% reserved for swaps, 28% locked at stake, 11.5% blocked in liquidity, 40% allocated to the team and advisors, 15% designated for the award ecosystem, marketing, and operations, 1% allocated to liquidity, and 2.5% allocated to liquidity pools on exchanges.
The history of Woonkly Power traces back to its launch in the fourth quarter of 2021 by Daniel Álvaro Santos Córcoles, the CEO of Woonkly Network. Shuberth Chi Balam serves as the CIO of Woonkly Power, contributing to its development and strategic direction.
The total supply of WOOP tokens is set at 1,000,000,000 WOOP, creating a finite and valuable digital asset within the ecosystem. As Woonkly Power continues to grow and innovate, it aims to revolutionize the social media landscape by providing users with unprecedented control over their content and the opportunity to earn through the exciting world of NFTs and gamification.
In conclusion, Woonkly Power (WOOP) represents a groundbreaking advancement in the realm of social media, harnessing the potential of NFTs and IPFS to empower users and reshape the way content is shared, monetized, and owned. By fostering a decentralized and inclusive ecosystem, Woonkly Power enables creators, influencers, and brands to connect with the metaverse, play-to-earn games, and a global community of users. With its utility token, WOOP, and its strategic token distribution, Woonkly Power sets the stage for a vibrant and sustainable platform where individuals can thrive and earn income through their creativity and engagement. As the Woonkly Power network continues to evolve, it promises to redefine the boundaries of social media, bridging the gap between reality and the metaverse in an unprecedented manner.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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