The WeWay Project is Betting on Web 3.0. Is It Worth Investing in the Future?
April 20 2022 - 02:32AM
NEWSBTC
As crypto projects increased in popularity together with the rise
of token sales in the last few years, joining projects on their
startup stage has become a common concept. At the same time due to
its popularity and potential to earn big money, many have been
swayed to enter the industry without much understanding of the risk
that comes along with it. Because not only that there are more
opportunities for people to attain benefits, there are also more
chances for people getting scammed. A global market research that
was conducted by a new and promising team of developers has shown
that big companies, famous influencers and brands have joined
crypto projects and have slowly entered the highly-anticipated web
3.0 world. As we may know today, web 3.0 is the next phase of the
evolution of the internet. Due to the fact that the concept is
still fairly new and that there are still many aspects that still
need to be improved, entering this next stage of evolution is not
as simple as it seems. One would not be able to enter without
having a team of engineers, designers, marketers, successful NFT
collection, presence in the metaverse, and so on and so forth,
because there is no a full-cycle web 3.0 ecosystem that exists to
help influencers, artists, celebrities and brands to monetize
activities, create games, and hold events for their fans. Thus,
there is no smooth way yet to enter the world to keep up with the
business and trends that transform the industry of influencers
today. Creating an ecosystem that could cover all of those aspects
has become the main objective of one particular project called
WeWay. They believe that this could be done by collaborating with
influencers, to enable them to monetize NFT creation, run concerts
in the metaverse, and more, in order to obtain a unique experience,
gain knowledge from one another and maximize earnings. This
solution would not only help influencers and brands, but also
agencies who are making bridges among artists, NFT, and the
metaverse. They also included in their plan to create a marketplace
where everyone can mint, buy/sell NFTs, trade metaverse items, run
NFT drops, as well as to provide knowledge for users about
professions in the web 3.0. WeWay is focusing on four main
solutions, agency, university, metaverse, and marketplace. Their
first solution, agency, is a team of experts that provides a
service to the web 3.0 world such as customization of
commercialization and promotion for celebrities. Their job is to
find anchor advantages, help integrate into the web 3.0
environment, develop a monetized model, create a project for
collaboration, apart from acting as their producers. The second
solution university is focusing on helping ordinary people enter
the world of web 3.0 easily via educational collaborations with
influencers. This would help those people who are eager to apply
for NFT and participate in the WEB 3.0 but do not know how to do it
yet. This solution would not only help influencers but also their
followers and bring them closer to the world of web 3.0. The next
in line is the Weway Metaverse, or what they also called the Weway
City, one of their most ambitious creations. It is a place where
all participants can interact with each other in ways that we are
already familiar within the real world. This place is represented
by AAA graphics, filled with improbable nature and buildings such
as concert halls, where people can attend cinemas, universities,
banks and real estate that you can purchase and lease, as well as
futuristic events, games, and activities from famous brands and
celebrities. WeWay estimated that their metaverse creation could
attract more than 15 million people. Last but not least, is the
marketplace, where the audience can experience interactions with
their influencers like never before through collaborative
activities, communicating with influencers using a new
communication channel. They can purchase exclusive content or live
activities in the “experience” section. The marketplace is also a
place where people can trade collectibles and metaverse items such
as NFT. Anyone can upload their work and offer to purchase content
collaboration. Investing in media influencers is essential in the
sphere due to the fact that tokenomics is supported by the
mechanics of virality. As more and more socially significant
figures join the project along with their followers, the value of
the project and its token increases. Because of its effect on the
ecosystem, the token is one of the most important instruments that
keeps growing in demand. This makes the project more promising than
ever before. WeWay has issued its own tokens since January 11,
2022. The listed tokens include Coinsbit, PancakeSwap, and Tidex.
They have also been listed on 4 crypto exchanges, including MEXC.
On top of that, the project has launched token staking with very
attractive entry conditions for investors and plans to hold open
draws of the coin among its audience. Today, WeWay already has a
fast-growing economy and has established a partnership with big
influencer companies such as Yoola, a global multi-channel network
that collaborates with creators and brands to develop, distribute,
license, promote, and monetize content and products. Fuad
Fatullaev, the founder of WeWay stated that, This is a high-tech
ecosystem operating on a blockchain and NFT basis, allowing content
makers and influencers to maximize their creative power.
NEM (COIN:XEMUSD)
Historical Stock Chart
From Feb 2024 to Mar 2024
NEM (COIN:XEMUSD)
Historical Stock Chart
From Mar 2023 to Mar 2024