What is WHALES

Learned by 2.4k usersPublished on 2024.03.29Last updated on 2025.01.26

Whales Market

WHALES

₹4.57
+1.10%

Last Price₹4.57
Market Cap₹118.99M
All-Time Low₹2.11
Circulating Supply26.03M

Turnover (24h)₹537.94K
All-Time High₹385.01
Total Supply97.67M
Fully Diluted Market Cap₹118.99M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

How to Buy Whales Market (WHALES)Learn now

1. Project Introduction
Whales Market is a Solana-based over-the-counter (OTC) trading marketplace that supports various markets, including Pre-Market, Points trading, and OTC-Market. The Pre-Market allows the purchase of token allocations before a Token Generation Event (TGE). Typically, such transactions lack security, but Whales Market changes this process by using smart contracts to facilitate on-chain transactions between buyers and sellers, preventing fraud. The Points Market enables secure P2P points trading, where Whales Market uses smart contracts to allow buyers and sellers to agree on mutually negotiated on-chain transactions. Traditionally, OTC markets have facilitated P2P trading of tokens and NFTs through informal channels such as chat rooms and social media sites. Whales Market reduces risks by utilizing smart contracts, providing token listings, and setting access restrictions to shared quotation links for buyers and sellers. In May 2024, Whales Market launched the token issuance platform Whales.meme, allowing users to launch tokens within seconds using gamified liquidity bootstrapping features.
Summary: Whales Market offers a comprehensive solution to liquidity and decentralization issues in the crypto market, supporting various markets, including OTC, Pre-Market, and Points trading. The website shows support for over 10 blockchains, and Dune data indicates a total trading volume of $148 million and about 32,700 users, with $1.02 million in shared protocol revenue distributed to users.
2. Team & Investment Info
Dexter: Founder of Whales Market and LootBot. Whales Market was developed by the LootBot development team, a project created during the summer of 2023 when Telegram Bots were trending.
Funding: Undisclosed
3. Social Media URLs
X: https://x.com/WhalesMarket
Telegram: https://t.me/verifyWhalesmarket
Discord: https://discord.com/invite/whalesmarket
4. Token Info
Token Symbol: WHALES
Total Supply: 100,000,000
Token Type: Solana
Issuance/Burn Mechanism: Fixed supply
Contract Address:
https://solana.fm/address/GTH3wG3NErjwcf7VGCoXEXkgXSHvYhx5gtATeeM5JAS1
Token Distribution:
Airdrop: 50% TGE, linear vesting for 6 months
Incentives: 65%, linear emissions for 4 years
Team: 9.5%, 0% TGE, locked for 9 months, linear vesting for 36 months
Liquidity: 7.5%, 100% TGE, 2.5% liquidity locked/burned
Marketing: 5%, 25% TGE, linear vesting for 24 months
Private Sale: 7%, 50% TGE, linear vesting for 2 months
Security: 1%, 100% TGE
5. Related Links
Official Website: https://whales.market/
Official Website: https://docs.whales.market/
Dune: https://dune.com/whalesmarket/whales-market-solana
Other Info:
https://www.rootdata.com/Projects/detail/Whales%20Market?k=MTA3ODg%3D

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Hot Articles

How to Buy WHALES

Welcome to HTX.com! We've made purchasing Whales Market (WHALES) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Whales Market (WHALES) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Whales Market (WHALES)After purchasing your Whales Market (WHALES), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Whales Market (WHALES)Easily trade Whales Market (WHALES) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

778 Total ViewsPublished 2024.03.29Updated 2025.03.21

What is WHALES

1. Project IntroductionWhales Market is a Solana-based over-the-counter (OTC) trading marketplace that supports various markets, including Pre-Market, Points trading, and OTC-Market. The Pre-Market allows the purchase of token allocations before a Token Generation Event (TGE). Typically, such transactions lack security, but Whales Market changes this process by using smart contracts to facilitate on-chain transactions between buyers and sellers, preventing fraud. The Points Market enables secure P2P points trading, where Whales Market uses smart contracts to allow buyers and sellers to agree on mutually negotiated on-chain transactions. Traditionally, OTC markets have facilitated P2P trading of tokens and NFTs through informal channels such as chat rooms and social media sites. Whales Market reduces risks by utilizing smart contracts, providing token listings, and setting access restrictions to shared quotation links for buyers and sellers. In May 2024, Whales Market launched the token issuance platform Whales.meme, allowing users to launch tokens within seconds using gamified liquidity bootstrapping features.Summary: Whales Market offers a comprehensive solution to liquidity and decentralization issues in the crypto market, supporting various markets, including OTC, Pre-Market, and Points trading. The website shows support for over 10 blockchains, and Dune data indicates a total trading volume of $148 million and about 32,700 users, with $1.02 million in shared protocol revenue distributed to users.2. Team & Investment InfoDexter: Founder of Whales Market and LootBot. Whales Market was developed by the LootBot development team, a project created during the summer of 2023 when Telegram Bots were trending.Funding: Undisclosed3. Social Media URLsX: https://x.com/WhalesMarketTelegram: https://t.me/verifyWhalesmarketDiscord: https://discord.com/invite/whalesmarket4. Token InfoToken Symbol: WHALESTotal Supply: 100,000,000Token Type: SolanaIssuance/Burn Mechanism: Fixed supplyContract Address:https://solana.fm/address/GTH3wG3NErjwcf7VGCoXEXkgXSHvYhx5gtATeeM5JAS1Token Distribution:Airdrop: 50% TGE, linear vesting for 6 monthsIncentives: 65%, linear emissions for 4 yearsTeam: 9.5%, 0% TGE, locked for 9 months, linear vesting for 36 monthsLiquidity: 7.5%, 100% TGE, 2.5% liquidity locked/burnedMarketing: 5%, 25% TGE, linear vesting for 24 monthsPrivate Sale: 7%, 50% TGE, linear vesting for 2 monthsSecurity: 1%, 100% TGE5. Related LinksOfficial Website: https://whales.market/Official Website: https://docs.whales.market/Dune: https://dune.com/whalesmarket/whales-market-solanaOther Info:https://www.rootdata.com/Projects/detail/Whales%20Market?k=MTA3ODg%3D

2.4k Total ViewsPublished 2024.03.29Updated 2025.01.26

What is BNB WHALES

Understanding BNB Whales: A Deep Dive into the Cryptocurrency Landscape Introduction to BNB Whales In the vibrant world of cryptocurrencies, new projects regularly emerge, often promising innovative solutions and unique experiences. One such project is BNB Whales, launched in 2023 and built on the BNB Smart Chain (BEP20). BNB Whales sets out to establish a distinctive presence within the cryptocurrency ecosystem, focusing on creating an engaging platform that combines the benefits of blockchain technology with social and gaming interactions. This article aims to delve deeper into BNB Whales, exploring its core components, mechanics, and developmental trajectory. What are BNB Whales? BNB Whales is a cryptocurrency initiative that seeks to provide a diverse range of features and opportunities for its users in the burgeoning Web3 environment. Utilizing the BEP20 standard, the project operates with a total token supply of 100 trillion (100,000,000,000,000,000). Despite this significant figure, it is noteworthy that no tokens are currently in circulation, indicating that the project may still be in its early developmental stages. The primary goal of BNB Whales is to create a platform where users can participate in various interactive activities while benefiting from the security and transparency afforded by blockchain technology. By fostering a unique and engaging environment, BNB Whales aims to build a strong community of users who are invested in the project and its development. Who is the Creator of BNB Whales? The identity of the creator of BNB Whales remains undisclosed at this time, presenting a challenge for those looking to understand the project's founding principles and visionary insights. This absence of publicly available information regarding the project's leadership may raise questions among potential investors and users about its governance and accountability structure. Who are the Investors of BNB Whales? As BNB Whales continues to evolve, information concerning specific investors or support from investment foundations is currently unavailable. The project’s official documentation, including its whitepaper, does not disclose either individual or institutional financial backers. The lack of transparency in this regard can sometimes raise questions about the legitimacy and sustainability of new projects within the cryptocurrency ecosystem. How Does BNB Whales Work? BNB Whales operates on the BNB Smart Chain utilizing the BEP20 standard, which is known for its efficiency and low transaction fees, attracting a variety of developers and projects. The unique aspect of BNB Whales lies in its focus on creating a community-driven platform. While precise operational details are scarce, the project emphasizes interaction and engagement, potentially incorporating gamified elements into its offerings. The emphasis on community is pivotal, as it aligns with prevailing trends in the cryptocurrency space, where user input and participation often dictate a project's success. Further innovation may be anticipated, but at present, the specific mechanisms and features that differentiate BNB Whales from other crypto initiatives remain to be fully elucidated. Without detailed information regarding its functionality, it is challenging to evaluate the project's differentiators comprehensively. Timeline of BNB Whales The development of BNB Whales has unfolded across key milestones, marking its journey in the cryptocurrency landscape. Below is a timeline of significant events pertaining to the project: 2023: Launch of BNB Whales, marking the project's entry into the market. 2023: Publication of the project's whitepaper, which lays out the overarching goals and operational framework. Ongoing: BNB Whales continues to develop its features, aiming to build a robust user base and expand its offerings. Key Points About BNB Whales Platform: BNB Smart Chain (BEP20) Total Supply: 100 trillion tokens (100,000,000,000,000,000) Circulating Supply: 0 tokens (indicating a nascent stage) Project Goal: To foster an engaging cryptocurrency platform for interaction and community building. Creator: Unknown Investors: Not disclosed Operational Status: Active with ongoing development and expansion Conclusion As BNB Whales navigates the competitive cryptocurrency landscape, it offers a glimpse into the potential of community-driven projects built on the foundations of blockchain technology. By focusing on engagement and interaction, the initiative stands at the forefront of innovation in the Web3 space. However, the project's success ultimately hinges on the clarity of its operational mechanics, the disclosure of its governance, and the establishment of a solid user community. For potential users and investors alike, BNB Whales represents a case study in the evolving nature of cryptocurrency projects—one that illustrates both the exciting possibilities and the complexities associated with new initiatives. As the landscape continues to evolve, it will be essential to monitor BNB Whales' progress and its impact on the broader cryptocurrency ecosystem.

108 Total ViewsPublished 2024.04.01Updated 2024.12.03

Discussions

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