A layer 1 protocol based on a new and decentralized consensus algorithm that issues certificates of authenticity for NFTs & RWA to secure the Web3 ecosystem.
An infrastructure protocol that we will build together to secure the future of tokenized assets
Problem
As the tokenized assets market evolves and grows, scams, frauds, thefts and infringements proliferate, especially in the Non-Fungible Tokens (NFTs) market. Scams in the NFT industry are hard to avoid and undermine the global trust of the ecosystem.
Up to now, there is no way to ensure the link between the on-chain data (token) and off-chain (asset) rights for assets. In other words, it’s not because you own a token that the asset (ex: graphic representation) linked to it is legitimate.
Solution
Wakweli is a revolutionary Web3 protocol based on a new and decentralized consensus algorithm called «Proof of Democracy (PoD)» that aims to certify the authenticity of any tokenized asset. All the PoD’s community (requester, certifier, challenger) involved in the protocol will get strong incentives ($WAKU) for acting fairly and thus develop a standard of trust in the tokenized asset ecosystem.
In other words, the Wakweli certificates will ensure that the digital representation of the asset (off-chain or on-chain) is unique and genuine and that the same asset is not being represented by multiple tokens in multiple platforms.
Once the certificate is issued, the newly
certified asset will display a tick mark () which will be a symbol of trust and value among the community.
Revolutionary Web3 protocol
Certificate requests on the Wakweli network can be initiated by any $WAKUs holder.
A precise amount of $WAKUs will be staked in the request depending on the expected trust level for the certificate.
Elected certifiers will review the request and stake the same $WAKUs amount to validate it.
Based on his skills, personnal research and shared information from the requester, the certifier will be able to take his decision and validate or not the authenticity of the asset.
Once valid, certificates start to generate different rewards in $WAKU based on user roles (requester, certifier and elector)
Wakweli’s community is incentivized to challenge doubtful certificates. Effective certificate slashes will interrupt $WAKU rewards, creating a system equilibrium that encourages telling the truth.
For everyone
As an infrastructure protocol, Wakweli will provide many opportunities for new ideas and projects to be built upon it.
The first vertical will be NFTs platform integration where the Wakweli tick mark will be displayed to highlight certified NFTs and generate trust in the community.
Other Key Verticals:
INTEGRITY
RELIABILITY
KNOWLEDGE
COLLABORATION
$WAKU
THE TRUST PROTOCOL TOKEN
Blockchain: Wakweli
Initial supply: 1 000 000 000
Protocol: Proof of Democracy (PoD)
The energy of the «Proof of Democracy» protocol is driven by $WAKU, which is the unit of trust of Wakweli.
Tokens will be necessary to request, issue and challenge a certificate.
Tokens will allow incentives and rewards for participants of the protocol who provide a real value in the ecosystem.
Tokenomics
Our roadmap outlines our vision for the development and implementation of Wakweli for 2023 and a glimpse of what’s to come in the future!
We aim to become the reference of trust of the decentralized ecosystem to preserve the tokenized assets market integrity and drive its liquidity.
We are an international team passionate and driven by making a positive impact on the whole tokenized asset ecosystem. In the industry since 2015, we are thrilled to join our knowledge and strengths together to build something extraordinary.
EverdreamSoft is a Swiss-based company founded in 2010 by Shaban Shaame and has been pioneering the use of blockchain technology in the global game industry since 2015 .
EverdreamSoft created the very first tokenized game asset back in 2015 with its blockchain card named FDCARD. This card was released 5 months before the start of the ICO and 2 years before the release of the game itself, Spells of Genesis (SoG). The SoG cards reached a Market cap of 400M$+ in Q1 2022 and have been facing scam issues for years. This is why Wakweli was created, not only to protect our SoG assets, but also to protect all present and future NFT projects. Since then, EverdreamSoft has been developing different blockchain tools. Shaban is also the co-founder and treasurer of the Blockchain Game Alliance.
We want to become the decentralized and cross-chain certification authority issuing a “certificate of authenticity” for any tokenized assets. We want to foster public confidence in tokenization by handling the trust issues of the web3 ecosystem in order to drive its mass adoption and thus, strengthen opportunities, investments and innovations.
We aim to become the reference of trust of the decentralized ecosystem to preserve the tokenized assets market integrity and drive its liquidity.
Authenticity
Integrity
Security
Transparency
CEO and Co-Founder
COO and Co-Founder
CTO and Co-Founder
Blockchain Project Manager
Chief Marketing Officer
Head of Ecosystem Growth
Project Coordinator
Marketing Coordinator
Community Manager
Software Architect & Developer
Full Stack Developer
Full Stack Developer
Blockchain Developer
Back-end Developer
The Sandbox
COO & Co-Founder
Unique Network
CEO & Co-Founder
University of Geneva
Associate Professor
Blockchain Teacher
CEO & Founder
Holistik – Wealth planning
Founding Partner, Tax & Legal
Union Bancaire Privée
Wealth Manager
Plastic and applied arts
Artists Onboarding Advisor
Enjin
Business Development Manager
Ubisoft
VP, Strategic Innovation Lab
GetYouDO
CEO
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