1. What is welt?

Introduction to Cryptocurrency

Cryptocurrency is a digital symbol based on blockchain technology, characterized by anonymity, scarcity, and decentralization. It can be generated automatically by systems or issued by private entities or central banks. The circulation and usage of cryptocurrency depend on market acceptance, and the exchange rate with fiat currency is mainly determined by the supply and demand mechanism of exchanges.

Characteristics of Cryptocurrency

1. Anonymity: Transactions with cryptocurrency can remain anonymous, protecting users' privacy.
2. Scarcity: The total supply of cryptocurrency is limited; for example, the total supply of Bitcoin is 21 million.
3. Decentralization: Cryptocurrency is not controlled by any government or institution, and transaction records are maintained by a distributed blockchain network.
4. Security: Cryptocurrency uses cryptographic technology to ensure the security of transactions.

Types of Cryptocurrency

1. Private Cryptocurrency: Cryptocurrencies issued and managed by private entities, such as Bitcoin.
2. Central Bank Cryptocurrency: Cryptocurrencies issued and managed by central banks, such as the digital yuan.

Applications of Cryptocurrency

1. Payments: Cryptocurrency can be used for online payments and cross-border transactions.
2. Investment: Cryptocurrency can serve as an investment tool; for example, the price volatility of Bitcoin can be utilized for speculation.
3. Decentralized Finance: Cryptocurrency can be used in decentralized finance (DeFi) applications, such as lending and trading.

Regulation of Cryptocurrency

1. Global Regulation: The International Monetary Fund (IMF) calls for global-level regulation to standardize market order and provide a secure space for innovation.
2. National Regulation: Governments and regulatory agencies worldwide are strengthening regulations on cryptocurrency; for example, China has comprehensively banned virtual currency trading.

2. Who founded welt?

According to the search results provided, there is no direct information on the founder of the cryptocurrency WELT (Fabwelt). The links offered mainly focus on the Matters platform, an overview of LBBW, and information about the price and market capitalization of Fabwelt, without mentioning the founder of WELT. Therefore, an accurate answer cannot be provided.

3. Which venture capital invested in welt?

Based on the search results provided, the investment information regarding the cryptocurrency WELT is not clear. However, the following information may be relevant to your query:

1. Investment Information of WELT: The search results did not directly mention which venture capital invested in the cryptocurrency WELT. WELT is mentioned, but specific investment details are not provided.

2. Related Cryptocurrency Investments: It mentions that Jeremy Liu and Lightspeed Venture Partners invested in Blockchain.com and other cryptocurrencies, but does not mention WELT.

3. Other Cryptocurrency Investments: Some investment information on cryptocurrency projects such as EOS and Ethereum's early investments is mentioned, but WELT is not included.

In summary, based on the provided search results, it is not possible to determine which venture capitals invested in the cryptocurrency WELT.

4. How does welt operate?

WELT (Fabwelt) is a cryptocurrency based on blockchain technology; the following is an overview of how it operates:

1. Blockchain Foundation: WELT uses blockchain technology to record and verify transactions, ensuring the security and transparency of transactions.

2. Issuance and Supply: The total supply of WELT is 500 million coins, with the current circulating supply being 228,991,733 WELT.

3. Trading and Market Capitalization: WELT can be traded on cryptocurrency exchanges, with its market capitalization and trading volume varying based on market demand and supply.

4. Gaming Ecosystem: WELT is part of the Fabwelt gaming ecosystem, which uses blockchain technology to innovate the gaming industry. It supports various types of games and utilizes non-fungible tokens (NFTs) to enhance the gaming experience.

5. NFTs and Player Earnings: In-game NFTs of WELT can serve as collectibles, in-game utility tools, and strategic assets, allowing players to earn real-world value through in-game activities.

6. Decentralization and Security: As a cryptocurrency, WELT features decentralization and security, using cryptographic technology to protect transactions and prevent fraud and hacking attacks.

In summary, WELT is a blockchain-based cryptocurrency primarily used within the Fabwelt gaming ecosystem, offering a secure, transparent, and decentralized trading experience.