Wednesday Inu (WED) is a decentralized NFT price prediction platform that aims to redefine the way users participate in the crypto market. The Wednesday platform is a unique initiative that enables participants to predict the future price of the BNB cryptocurrency and earn BNB and Wednesday tokens as rewards. Regular token burns are conducted monthly to increase scarcity and value. In this article, we’ll explore the exciting technologies and opportunities that Wednesday Inu brings to the table.
What is Wednesday Inu?: WEB 3.0 Technologies and NFT Lottery
Wednesday Inu harnesses the power of WEB 3.0 technologies, enabling seamless transactions and interactions on the Binance Smart Chain (BSC). Wednesday’s platform provides a unique opportunity to predict the future price of the BNB cryptocurrency. By participating in this endeavor, one can earn both BNB and Wednesday tokens. The generated commissions from these prediction pools are subsequently utilized to purchase additional Wednesday tokens on PancakeSwap. These tokens are subject to a regular burning process conducted once per month. Following this monthly burning, the platform’s smart contract automatically selects 30 token holders at random. These selected holders receive NFt Mystery Boxes, which contain a variety of hidden prizes including cryptocurrency. This engaging process invites participation and encourages interaction within the community.
The Prediction Platform: Test Your Foresight
Wednesday Inu introduces an innovative price prediction platform, where users can utilize their market knowledge or intuition to predict the future price movements of BNB against USD or ETH against USD. Correct predictions allow users to win a share of the prize pool for each round, rewarding their foresight and analytical skills.
Tokenomics
The tokenomics of the project allocate a total tax of 5%, namely a transaction fee of 2% to generate yield and another 2% to generate liquidity, providing sustainable growth and robust liquidity for the Wednesday Token. Additionally, a 1% bounty rewards users who actively engage and contribute to the platform.
Staking: Passive Income and Rewards
Wednesday Inu offers two types of staking opportunities for users to earn passive income and additional rewards. Holders of Wednesday Inu tokens can automatically receive a 2% share from each transaction, which allows a passive accumulation of rewards. Additionally, the project has allocated 20% of the total token supply for the staking pool, creating more opportunities for users to earn rewards. Once the tokens in the pool are exhausted, the project will replenish them through the sale of NFT mystery boxes.
Real-World Utility
The project has been listed on VOLTICARD. This partnership allowed WED holders to utilize their tokens for real-world purchases by conveniently topping up their virtual or physical Visa Cards.
Security and Transparency
At Wednesday Inu, security and trust are paramount. The project operates on the Binance Smart Chain with a transparent and audited contract address: 0xDDBB3E6F8413D0E3ADC700A731DA304AEC97BCBB. This approach to transparency ensures that users can verify the authenticity of our project and engage with confidence.
The Burn Function and Reduced Emission
Token burning has gained popularity among crypto enthusiasts, and Wednesday Inu embraces this feature. With a total supply of 1,000,000,000,000 WED tokens, the project ensures a continuous reduction in token emission through the burn function. As tokens are burned, the Wednesday Inu ecosystem becomes more deflationary, increasing the value of the remaining tokens held by the community.
Please note that investing in cryptocurrencies involves risks, and it’s essential to conduct thorough research and exercise caution before making any financial decisions. This article is intended for informational purposes only and does not contain financial advice.
