WalleBytes are utility meme tokens designed to enhance the ecosystem and reward the Wallet Monsters Community. The WalleBytes decentralized application allows for contributors to the Wallet Monsters core protocol to earn metaverse perks through staking and incentivized burning.
The $WALY utility meme token is used for:
- Earning staking perks
- Privilege access across Wallet Monsters Metaverse and Discord server
- Purple-listing for all public and private Wallet Monsters Metaverse Airdrops *Earning Burning Perks
- access to exclusive mints to Wallet Monsters Apus NFT game *access to free mints of Apus NFT in-game item *Exclusive access to mints lowest price anywhere *$WALY can be used to purchase exclusive items from the core DApp the Immutable World Of Wallet Monsters.
WalleBytes launched on polygon mainnet on January 6, 2022, with 27 billion $WALY tokens created at genesis. ~97% of token supply transferred to the smart contract and under its control. ~3% resides in an operator wallet controlled by the development team. ⅓ will be used for airdrops and adding to the current $WALY/MATIC token pair. ⅓ will be staked within the smart contract for 5 years and the remaining balance will be burned upon completion. During allotted burning periods users are encouraged to burn their holdings and are rewarded for depleting the token supply. All addresses that participated in the burn period are granted seven-day access to an exclusive minting portal for Wallet Monster Apus NFTs, and three-day access to free mints for in-game Apus NFT items. After every successful burn period, the team will burn a minimum of the total amount burned by users if possible. If there are no participants the development team will burn 1% of the token supply if possible. Burning cycles will continue until contract token balance depletion.
WalleBytes Protocol is the brainchild of developers of the Wallet Monsters NFT game, Mikal Muhammad, Jonti Pizarro, Edward Andrewin, Robert Phillips, and D. Xane. All from different walks of life with a common love for DeFi and NFTs.
Lead Developer Mikal Muhammad is an audio engineer and owner of Twenty Seven Sounds Inc. Mikal joined the Ivan On Tech Academy in 2019 learning to develop best of practice safe smart contracts and Decentralized Applications and has continued building within the space launching Lynne House Publishing Inc. (Long Branch, NJ) specializing in the development of intellectual properties that intersect music, decentralized finance, and gaming.
Users can contribute to the Wallet Monsters protocol and receive $WALY tokens directly from the WalleBytes DApp (https://walletmonsters.io/wallebytes)
$WALY is available for trading on the uniswap decentralized exchange, with cryptocurrency MATIC pair.
stablecoin pairs will be available soon.
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For More information on the Wallet Monsters Metaverse check out the official documentation easy guide
For all information about the WalleBytes utility meme token please read the “Bytes-Paper” easy guide