Cryptonaire Weekly Magazine Edition 186

Page 12

CRYPTONAIRE

WEEKLY CRYPTO investment journal

PRESS RELEASE WEREWOLF EXCHANGE – A DEFI ECOSYSTEM WITH DEX, NFT, AND WEREWOLF RAFFLE

Non-Fungible Tokens or NFTs have shaken the world with so many NFT projects getting all the buzz and attention throughout the international media. Werewolf Exchange, one of the new entrants in the NFT world is ready to give a new meaning to the growing marketplace with its ecosystem. Werewolf Exchange is an innovative defi platform based on the Ethereum network. It uses ERC-20 for utility tokens and ERC-721 for NFT. The whole system is comprised of a Decentralized Exchange (DEX), Asset Management, and Yield Farming for staking tokens. The Werewolf coin or WWC is the utility token that is also used as the Governance token. Werewolf’s development is based on a few basic fundamentals, tackling some of the major issues in the NFT space including liquidity and trading ability. It incorporates Automated Market Maker, Initial Bonding Curve Offering (IBCO), and NFT Raffle to fix the liquidity and accessibility. Reasons why the platform garnered explosive recognition within the crypto community. Werewolf’s commitment to building a flexible NFT and crypto marketplace, creating a whole new ecosystem on the Ethereum blockchain, will provide users with the speed and possible dependability that the market is currently lacking.

Cryptonaire Weekly | June 15th 2021

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