World of Waves: Integrated Web3 Application Ecosystem Empowering Everyday Cryptocurrency Use
The World of Waves whitepaper was released by the core team in August 2021, aiming to leverage the power of cryptocurrency to promote global ocean ecological restoration and sustainable development in response to increasingly severe conservation challenges.
The theme of the World of Waves whitepaper is “World of Waves: Using Cryptocurrency to Promote Ocean Conservation and Global Sustainable Development.” What makes World of Waves unique is its frictionless yield and liquidity-generating token model, which charges an 11% fee on every transaction: 3.3% is redistributed to holders, 3.3% is injected into the liquidity pool, 4.4% is used for charitable donations, and there are plans to launch an NFT marketplace focused on philanthropy. The significance of World of Waves lies in building a bridge between the crypto world and charitable causes, empowering users worldwide to jointly protect the Earth and its natural ecosystems, and potentially providing innovative decentralized solutions for ocean conservation and blue economy development.
The original intention of World of Waves is to build a platform dedicated to cleaning the oceans, protecting aquatic wildlife, and promoting sustainable practices. The core idea outlined in the World of Waves whitepaper is: by combining the transparency of blockchain technology with the incentive mechanisms of cryptocurrency, a self-sustaining ecosystem can be created where every transaction directly contributes to conservation efforts, thereby achieving global ecological sustainability and environmental protection goals.