WiCoin is a stablecoin launched by WiPay, a financial technology company with offices in Africa, the Caribbean, Columbia, and the US. It was launched to address the challenges of cross-border remittance and financial exclusion in its operational regions. It was built on the Hedera network utilizing the Hedera Token Service (HTS) and Hedera Smart Contract Service (HSCS) and is pegged to the US dollar.
It forms the backbone of the WiCoin Settlement Network, designed to create a unified system for transactions across numerous Caribbean islands, each with its own currency. It also extends into African markets and currencies.
The primary goal of WiCoin is to "bank the bankless" by providing an accessible and efficient means for cross-border payments and settlements by leveraging Hedera's fast transaction speeds, low and predictable fees, and robust security through its asynchronous byzantine fault tolerance (ABFT).
WiPay is supported by the Hedera HBAR foundation and seeks to enhance financial inclusion and streamline economic activity in underserved regions by providing a locally-accessible bridge between traditional banking services and low-cost, speedy digital transactions.
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Related Projects
Lil Monki is a collection of 1,212 unique, 3D-rendered NFT characters that represent the genesis project within the broader "Lil Universe" ecosystem on the Hedera network.
As the foundational characters of the Lil Universe, Lil Monkis serve as a key to accessing features and interacting with other future collections within the expanding ecosystem and community.
A central element of the Lil Monki project is the "Monki Lab," a feature that allows holders to evolve their NFTs. By combining a Lil Monki with other specific assets from the ecosystem, users can create new, often rarer characters, introducing a strategic and deflationary dynamic to the collection. This process, along with other platform activities, is powered by the native ecosystem token, $LILU. Holders can typically stake their Lil Monki NFTs to passively earn $LILU, which is then used to pay for evolutions and other transactions within the Lil Universe.
Built entirely on Hedera, the project leverages the network's speed and low transaction fees to enable an affordable and efficient user experience for staking, trading, and utilizing the NFT evolution mechanics.
Hyphen is a technology firm dedicated to quantifying the true value of natural capital in real-time through building trust and accountability within carbon markets. It endeavors to make carbon markets a consistently viable and transparent financial instrument.
Hyphen’s operations feature an advanced atmospheric-based digital monitoring, reporting, and verification (aMRV) solution. This system features proprietary aMRV software that precisely quantifies greenhouse gas (GHG) flux data using on-site scientific instrumentation such as Eddy Covariance Towers.
The Hyphen platform ensures security through its incorporation of digital ledger technology (DLT) on the Hedera blockchain network. It leverages Hedera's immutable ledger to create secure, auditable records for GHG data and the entire MRV lifecycle. This is crucial for ensuring the verifiability of environmental data, enhancing the integrity of carbon credits, and addressing historical challenges of opacity in carbon accounting.
Hyphen’s offerings, including geospatial GHG data streams and Enterprise dMRV solutions, primarily target project developers and global carbon offsetters. By integrating its scientific MRV approach with Hedera’s capabilities, Hyphen aims to deliver verified climate intelligence and to foster a global financial system that effectively supports sustainable practices.
Acme Labs is a metaverse community built on the Hedera blockchain network dedicated to the world of visual storytelling with an emphasis on high quality art prints featuring nostalgic cartoons. It specializes in bringing art and collectibles from animation, comic books, and emerging XR media into the digital realm, providing a unique combination of classic creativity and modern technology.
It features numerous collaborations with established artists including “The Chuck Jones Gallery,” an initiative that resurrects "Lost Wrabbit," a unique character conceived by the legendary Looney Tunes director Chuck Jones and reimagined by artist Ben Olson, which seeks to preserve and modernize classic art stylings on Hedera.
Acme Labs’ platform allows creators and collectors to benefit from Hedera’s secure, fast, and accessible blockchain network while offering support for both credit card and cryptocurrency payments. It also provides a full suite of community services including virtual spaces where creators and enthusiasts can connect and collaborate.
Dead Pixels Ghost Club (DPGC) is a community-focused non-fungible token (NFT) project built on the Hedera blockchain network. It features distinct hand-crafted pixel art consisting of 10,000 unique "ghost" NFTs which are released to the public in phased drops.
The DPGC platform leverages the energy-efficient and low-fee Hedera blockchain network for minting and trading its collectible NFTs. The project actively fosters interaction among its members through various events, including creative contests and story-writing competitions, encouraging holders to develop narratives for their ghostly collectibles.
DPGC collectibles are available on secondary Hedera-based marketplaces including SentX allowing users to further engage in expanded community showcases. The project has also inspired tools such as the "Dead Pixel Ghost Tab," a Chrome extension that displays a random ghost NFT with every new browser tab.
Rather than gaming or competition, the focus of Dead Pixels Ghost Club is on its art, collectibility, and community “spirit.”