Wise Token Crypto Defi Staking Project Explained — ICO, Launch, Reservations, Uniswap Liquidity, Scam
Wise Token is a decentralized finance staking coin developed by Peter Girr.
Girr initially invested in the HEX crypto project but decided that there were “things that could be improved.”
He felt that the HEX launch was unfair, the Origin Address (OA) should not exist, and that the referral system should potentially continue on after the launch phase.
For this reason WISE Token was created as a “better HEX.”
While it is too early to tell if this will be the case, there is plenty of information to understand before investing in WISE Tokens.
Is Wise Token a Scam?
At this point, it is quite unlikely that WISE Token is a scam, for the following reasons.
Extensive research of the available information so far suggests that WISE does not even have a large founder’s supply of the token, and all of the initial liquidity will be on Uniswap after the reservation phase.
The token reservation 50 day launch also seems quite fair with nothing more than a bit of game theory to determine the amount of WISE token you will receive. This model is similar to the HEX Adoption Amplifier, but much shorter in length.
The project also rewards token stakers and penalizes them for unstaking, which is fair. While you could debate whether the rewards/penalties should be adjusted, no one knows for sure.
At this point I recommend recommending some WISE to get in on the early launch phase. I do not think the project is a scam. The risk seems pretty low, but DO YOUR OWN RESEARCH!
WISE Token Price Prediction 2021
It is unknown what the price of WISE Token will be when the tokens are officially distributed after December 31, 2020. Some people believe it could be $.005.
Is There a WISE Token ICO?
There is no token ICO. During the reservation launch phase, you can simply “bid” on tokens in an auction style that gives you a proportion of the payout for that day.
Some days actually have a gambling like feel to them where you could gain a lot more or a lot less tokens than a typical day.
WISE Token Launch Phase
You will be able to reserve WISE Tokens starting on October 8th, 2020.
Essentially, you are just sending ETH to a specific day in which you will then receive a proportion of that day’s WISE, so you can decide this ahead of time.
WISE Token Liquidity
All of the liquidity will be on Uniswap Decentralized Exchange (DEX) to start. This means that buying and selling should be pretty easy and straightforward.
WISE is an ERC-20 on the Ethereum blockchain.
There will be audits on all of the contracts, reportedly by CoinFabrik.
Founder — Peter Girr
The founder of WISE crypto is Peter Girr.