In a world where financial inclusion is increasingly recognized as a key driver of economic growth, it’s startling to realize that nearly 4 billion people worldwide still lack access to essential banking and financial services.
This vast underserved population, largely marginalized by traditional financial institutions, finds itself stranded on the periphery of the global economy. Yet, as we stand on the brink of a new era, the landscape is undergoing a seismic shift. The advent of revolutionary Web3 technologies, coupled with the widespread adoption of smartphones in emerging economies, heralds a transformative moment in financial history.
A crypto project aiming to address the financial exclusion problem should ideally have the features accessibility, decentralization, security, transparency, low fees, financial services, education, regulatory compliance, and opportunities for everyone.
If you’re searching for a project that can help people who don’t have access to banks, check out Wealth Exchange. It’s our new token project that aims to help people in developing countries become part of the financial world.
What is Wealth Exchange?
WeaLTH eXchange (WLTHX), is a token initiative aimed at expanding financial inclusion and integrating the under-banked and unbanked population into the financial mainstream in emerging economies. It is anchored by the utility token WLTHX and powered by Ananda, a rewards-oriented crypto exchange and tokenization ecosystem.
The WLTHX token plays a crucial role in accelerating exchange and tokenization utility through AI-driven financial education tools and custom trading strategies powered by machine learning. It also facilitates the expansion of utility through B2B collaborations.
The trading platform serves as a conduit for orderly trading and liquidity of tokens from our tokenization-as-a-service (TaaS) ecosystem, catering to loyalty-centered and utility-focused projects, as well as tokens from other selected projects.
As a token holder, you can benefit from stringent governance protocols, such as scheduled token burns, collateralization using a portion of ICO proceeds on exchange fees, priority token allocation in tokenization projects, and exclusive discounts with current and future B2B partners across various sectors.
Use, Benefits, and Opportunities
The WLTHX token, central to the Wealth Exchange initiative, offers a multitude of utilities and benefits to its holders. Here’s a rundown of what you can expect:
1. Dynamic Floor Price Support: A pool of USDT and WLTHX tokens is created to protect the price dynamics of WLTHX tokens.
2. Active Collateral Management: Tokens from B2B projects are reserved to ensure the longevity and stability of WLTHX tokens.
3. Revenues from Data Monetization: Monetizable data collected from participants in our B2B initiatives provide tangible benefits to WLTHX holders.
4. Revenues from Market Making: A portion of the revenue from market-making is used to bolster the collateral pool.
5. Listings: WLTHX tokens will be listed on various exchanges, including DEX, to enhance distribution, liquidity, and accessibility.
6. Cashback and Fee Discounts: Holders using WLTHX tokens for transaction fees on our platform will receive substantial discounts and cashbacks.
7. Gamified Rewards: Users can earn WLTHX tokens through gamified experiences like completing financial education courses, participating in competitions, and referrals.
8. Priority Access: WLTHX holders get priority access to our tokenization projects, including airdrops, fan tokens, and security tokens.
9. Income for Strategy Providers: WLTHX holders can become “Strategy Providers” by publishing their trading strategies for derivative products and managing fee-based sub-accounts for other users.
10. Crypto Research and Trading Alerts: Holders gain access to cutting-edge crypto research and strategies curated by reputed industry professionals and crypto-focused firms.
11. Staking and Governance: Users can stake WLTHX tokens to generate revenue and earn governance rights to vote on important platform-related proposals.
12. AI-Based Financial Learning Tools: Holders gain access to AI-based financial educational tools for personalized financial advice, trading strategies, and more.
These features make the WLTHX token a promising opportunity for those looking to embrace the future of financial inclusion.
WLTHX’s Solution
We have a game-like rewards exchange and a service that creates tokens, called WLTHX. We want to help people understand finance in two ways. First, we teach people about finance and trading. We want them to feel confident when they deal with money.
Second, we give users early access to new tokens created by our service. Users can earn these tokens through different activities like referrals and challenges. This way, users can collect a variety of digital assets that they might be able to make money from in the future.
We’re also planning to work with other businesses to offer special financial products and services for people from all backgrounds. These could include financial planning services that are designed for each person’s needs and goals.
Plus, we’re letting our community build up a collection of tokens that are linked to real-world uses. This could help them build wealth through a portfolio of assets. Our business partners will also offer competitive loans and personalized financial planning. This will give our users the chance to take part in opportunities, invest in education, or start their own businesses more easily.
WLTHX Partnership Strategy and More
Wealth Exchange has established strategic partnerships across various sectors to enhance the utility and reach of the WLTHX token.
We have partnered with diverse gaming studios within the GameJamPlus ecosystem, providing WLTHX token holders with priority access to a variety of exciting games. The WLTHX token serves as a preferred payment method within these gaming platforms.
In the food and beverage sector, we are in talks with the Bar and Restaurant Association of Brazil. This potential partnership will offer special discounts and rewards at partner restaurants and bars across Brazil, positioning WLTHX as a preferred digital currency for dining and entertainment experiences.
Sports enthusiasts are not left out. In collaboration with prominent sports clubs in Turkey, we offer WLTHX holders priority access to fan tokens, allowing them to engage more deeply with their favorite teams.
Our partnership with VVacations offers WLTHX token holders priority access and discounted rates to a wide array of volunteer tourism opportunities. This socially responsible application of WLTHX allows users to contribute to global causes while enjoying exclusive travel experiences.
We aim to engage sports-focused communities by launching promotional programs that incentivize active participation. For instance, we are in advanced discussions with ChampHunt, a cricket-focused fan community, to offer WLTHX tokens as rewards for various cricket-related activities. This initiative aims to create a user funnel to the Ananda Exchange.
Found WLTHX interesting? Be a Part of this revolution
Wealth Exchange is an innovative solution that leverages Web3 technologies to address the global issue of financial exclusion, aiming to bring 4 billion people who lack access to essential banking and financial services into the financial mainstream.
If you want to be a part of this revolution and seize all the opportunities, participate in Pre-sale rounds and invest in WLTHX tokens.
For more information, read whitepaper: https://www.wlthx.com/WLTHX-Whitepaper-2.pdf
Originally published at www.medium.com