What is W

Learned by 4.0k usersPublished on 2024.04.01Last updated on 2025.01.26

0.07

-1.72%

  • Last Price0.07
  • Turnover (24h)249.03K
  • All-Time High1.66
  • Total Supply10B
  • Fully Diluted Market Cap742M
  • Ranking211
  • Market Cap342.41M
  • All-Time Low0.06
  • Circulating Supply4.61B

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 However, it is important to note that these materials may be outdated, contain errors, or omit certain details.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.

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1. Project Introduction
Wormhole (W) is a cross-chain protocol supporting communication and messaging across over 30 blockchains and Layer 2 networks, including Ethereum, BNB Chain, Solana, Polygon, and Avalanche. Wormhole was launched in 2020 as a crypto bridge solution, initially for transferring funds between blockchains, especially between Solana and Ethereum. In early 2022, Wormhole underwent a significant transformation, rebranding itself from Wormhole Token Bridge to Wormhole and evolving into a lightweight messaging protocol for cross-chain communication. Currently, Wormhole supports over 30 blockchains and offers a full suite of products including cross-chain messaging protocols, on-chain query tools, and a Portal token bridge, providing developers with almost all the functionalities needed for cross-chain operations.
Summary: Wormhole is a full-featured cross-chain protocol that supports communication and messaging between multiple blockchains, contributing to realizing a unified Web3 world.


2. Team & Investment Info
Wormhole's founding team has a solid technical background and extensive experience in operating Web3 projects. Founders Saeed Badreg and Anthony Ramirez and core members Maher Latif and Nikhil Suri were from Jump Trading/Jump Crypto. Other members like Katya Ternopolska and Dan Reecer have accumulated a wealth of experience in well-known projects like Polygon and OmniNetwork.
Funding: On November 29, 2023, Wormhole successfully raised $225 million in funding, bringing its valuation to $2.5 billion. This round attracted top investment institutions, including Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital, and Arrington Capital.


3. Social Media URLs
X: https://x.com/wormhole
Telegram: https://t.me/wormholecrypto
Discord: https://discord.com/invite/wormholecrypto

4. Token Info
Token Symbol: W
Total Supply: 10,000,000,000
Token Type: SPL
Issuance/Burn Mechanism: Fixed supply
Contract Address: 85VBFQZC9TZkfaptBWjvUw7YbZjy52A6mjtPGjstQAmQ
Token Distribution:
Guardian Nodes: 5.1%
Community & Launch: 17%
Ecosystem & Incubation: 31%
Core Contributors: 12%
Strategic Network Participants: 11.6%
Foundation Treasury: 23.3%


5. Related Links
Official Website: https://wormhole.com/
GitHub: https://github.com/wormhole-foundation
Doc: https://docs.wormhole.com/wormhole
Other Info: https://wormholescan.io/




Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.

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What is W$C

World$tateCoin ($W$C): A Comprehensive Exploration of the Emerging Cryptocurrency Project Introduction In the ever-evolving landscape of cryptocurrencies, World$tateCoin ($W$C) has emerged as a project that aims to harness the power of web3 technologies to create a distinctive digital ecosystem. As traditional models of online interaction undergo significant transformation, World$tateCoin seeks to establish itself in this budding third generation of the internet. This article will delve into the intricacies of World$tateCoin, providing an overview of the project, its objectives, and its potential impact on the web3 space. What is World$tateCoin ($W$C)? World$tateCoin ($W$C) is designed as a cryptocurrency that facilitates seamless transactions within a web3 environment. Aimed at creating a decentralized platform where users can interact with various web3 applications, $W$C intends to streamline user experience and enhance accessibility to digital services. While the project aspires to become an integral part of the web3 landscape, detailed insights into its specific objectives and use cases remain limited, raising questions regarding its potential role and utility in a rapidly advancing digital context. The essence of web3 revolves around decentralization and empowering users with greater control over their interactions online. World$tateCoin intends to align with these principles, although specific applications and functionalities of the currency are still under discussion within the community. Who is the Creator of World$tateCoin ($W$C)? In exploring the origins of World$tateCoin, information regarding its creator remains elusive. As of now, there is no publicly available data identifying the individuals or organizations behind the project. This obscurity may cast a shadow of uncertainty over the project’s credibility, but the commitment to innovation within the cryptocurrency framework could be a driving force for its adoption in the future. The lack of identifiable leadership may result in hurdles related to trust and transparency—elements that are crucial for establishing a strong community in the crypto space. Who are the Investors of World$tateCoin ($W$C)? Current research does not reveal any specific investors or backing organizations involved with World$tateCoin. It is not uncommon for emerging cryptocurrency projects to either attract discreet investments or operate in a minimalist financial structure during their initial phase. The ambiguity surrounding investment supports and funding methodologies could affect the project’s sustainability and growth prospects. When assessing new projects within the cryptocurrency domain, investors generally look for transparency regarding financial backing and support from established entities. The absence of this information might necessitate a cautious approach for potential users and stakeholders interested in the future of World$tateCoin. How Does World$tateCoin ($W$C) Work? The operational mechanics of World$tateCoin are grounded in the principles of decentralization, a hallmark of web3 technologies. By facilitating transactions directly between users without the intervention of intermediaries, $W$C is designed to enhance trust and efficiency. However, comprehensive documentation detailing the unique features and operational framework that distinguish World$tateCoin from other cryptocurrencies is markedly sparse. This lack of information complicates the understanding of how $W$C functions within the broader web3 ecosystem and what unique propositions it brings to users and developers alike. Nevertheless, the fundamental goal of allowing for decentralized transactions holds the promise of a more liberated financial landscape, should the project deliver on its aspirations of implementing robust mechanisms and user-friendly interfaces. Timeline of World$tateCoin ($W$C) Constructing a timeline that encapsulates the historical progression of World$tateCoin poses challenges due to an absence of significant documentation on key events and milestones. Nevertheless, an approximate sequence of hypothetical phases can be envisaged, constituting a path forward for the project: Initial Concept (Date Unknown): Conceptualization of the World$tateCoin framework in the broader context of web3 technologies. Development Phase (Date Unknown): Commencement of technical development and coding processes. Community Engagement (Date Unknown): Outreach to potential users and stakeholders to foster community interest in the project. Launch Target (Date Unknown): Announcing an expected launch date, contingent on the progress of development and testing phases. Due to the lack of substantiated dates and details surrounding these phases, stakeholders will need to remain vigilant and engaged with the project's communications for updates regarding its trajectory. Key Topics About World$tateCoin ($W$C) As the project unfolds, certain key subjects arise that embody the potential and aspirations of World$tateCoin: Decentralization: The core philosophy driving the project, aimed at fostering direct user interactions. Web3 Integration: The goal of mirroring web3 principles and enabling seamless user access to an array of digital services. Digital Currency: Positioned as a currency to facilitate internet-based transactions, World$tateCoin aims to inject additional liquidity into the web3 market. Challenge of Information Scarcity: The notable absence of detailed information regarding the project's foundations, creators, and operational methods, necessitating increased transparency from developers to build community trust. Conclusion World$tateCoin ($W$C) is positioned within an exciting yet uncertain terrain of cryptocurrency and web3 integration. While it aims to cultivate a decentralized environment, the limited availability of information regarding its creators, investors, and specific functionalities presents challenges for potential stakeholders and users. In the dynamic world of cryptocurrencies, transparency, engagement, and well-structured communication are vital for the success of projects such as World$tateCoin. As the landscape continues to evolve, stakeholders will be eager to see how the project can solidify its place within the web3 narrative and contribute to the ongoing transformation of the digital ecosystem.

184 Total ViewsPublished 2024.04.01Updated 2024.12.03

What is W

1. Project IntroductionWormhole (W) is a cross-chain protocol supporting communication and messaging across over 30 blockchains and Layer 2 networks, including Ethereum, BNB Chain, Solana, Polygon, and Avalanche. Wormhole was launched in 2020 as a crypto bridge solution, initially for transferring funds between blockchains, especially between Solana and Ethereum. In early 2022, Wormhole underwent a significant transformation, rebranding itself from Wormhole Token Bridge to Wormhole and evolving into a lightweight messaging protocol for cross-chain communication. Currently, Wormhole supports over 30 blockchains and offers a full suite of products including cross-chain messaging protocols, on-chain query tools, and a Portal token bridge, providing developers with almost all the functionalities needed for cross-chain operations.Summary: Wormhole is a full-featured cross-chain protocol that supports communication and messaging between multiple blockchains, contributing to realizing a unified Web3 world.2. Team & Investment InfoWormhole's founding team has a solid technical background and extensive experience in operating Web3 projects. Founders Saeed Badreg and Anthony Ramirez and core members Maher Latif and Nikhil Suri were from Jump Trading/Jump Crypto. Other members like Katya Ternopolska and Dan Reecer have accumulated a wealth of experience in well-known projects like Polygon and OmniNetwork.Funding: On November 29, 2023, Wormhole successfully raised $225 million in funding, bringing its valuation to $2.5 billion. This round attracted top investment institutions, including Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital, and Arrington Capital.3. Social Media URLsX: https://x.com/wormholeTelegram: https://t.me/wormholecryptoDiscord: https://discord.com/invite/wormholecrypto4. Token InfoToken Symbol: WTotal Supply: 10,000,000,000Token Type: SPLIssuance/Burn Mechanism: Fixed supplyContract Address: 85VBFQZC9TZkfaptBWjvUw7YbZjy52A6mjtPGjstQAmQToken Distribution:Guardian Nodes: 5.1%Community & Launch: 17% Ecosystem & Incubation: 31%Core Contributors: 12% Strategic Network Participants: 11.6%Foundation Treasury: 23.3%5. Related LinksOfficial Website: https://wormhole.com/GitHub: https://github.com/wormhole-foundationDoc: https://docs.wormhole.com/wormholeOther Info: https://wormholescan.io/Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.

4.0k Total ViewsPublished 2024.04.01Updated 2025.01.26

How to Buy W

Welcome to HTX.com! We've made purchasing Wormhole (W) 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 Wormhole (W) 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 Wormhole (W)After purchasing your Wormhole (W), 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 Wormhole (W)Easily trade Wormhole (W) 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.

2.0k Total ViewsPublished 2024.04.02Updated 2025.03.21

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