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.
Project Information
Related Projects
InvestaX is a Singapore-based, licensed security token platform Its mission is to provide a comprehensive, end-to-end solution for the issuance, trading, and custody of security tokens, bridging the gap between traditional finance and the world of decentralized assets.
The company offers a full suite of services for the digital asset lifecycle including tokenization. The InvestaX platform also features a primary issuance service for launching new security token offerings (STOs), as well as a secondary trading marketplace for providing liquidity to these assets. A core component of their offering is their institutional-grade custody solution, which ensures the secure storage of digital assets.
While InvestaX is a multi-chain platform, it has a direct integration with the Hedera network. The company utilizes Hedera's high-throughput and low-cost infrastructure to provide its clients with a fast, secure, and efficient platform for tokenizing and managing their assets. Through this integration, InvestaX offers a scalable and enterprise-grade solution for the digital asset market, enabling accessibility and liquidity for a wide range of real-world assets.
REVEL Moments is a live, virtual storytelling platform that aims to create authentic connections between athletes and their fans. The company's mission is to go beyond the on-field persona and showcase the "human behind the athlete" by hosting curated, interactive events where sports figures can share untold stories and personal experiences in an intimate setting.
The core of REVEL's service is its live, professionally moderated virtual events. These are not typical interviews; they are interactive experiences where fan input helps shape the content. Fans can submit questions beforehand and engage with the athlete and other attendees through a live chat, with some even getting the opportunity to join the virtual stage. This model provides a unique form of fan engagement that is more personal and unscripted than traditional media appearances. The platform serves a wide range of athletes, from retired legends to current professional and student-athletes.
Tickets for REVEL's events are issued as NFTs on the Hedera network, allowing fans to own a digital collectible that represents their participation in a unique experience.
Exodus is a non-custodial cryptocurrency wallet company founded in 2015. Headquartered in Omaha, Nebraska, the firm is dedicated to providing a user-friendly and secure platform that gives individuals full control over their digital assets.
The company's primary product is the Exodus Wallet, a multi-asset software wallet available on desktop and mobile platforms. It allows users to securely store, manage, and exchange a vast array of cryptocurrencies, including Bitcoin, Ethereum, and over one hundred others. Key features include a built-in exchange for seamless asset swaps, portfolio tracking, and the ability to earn rewards through staking. A central tenet of the Exodus platform is its "zero-knowledge" security model, which means that user data and private keys are encrypted and stored locally on the user's device, ensuring that only the user has access to their funds.
Exodus provides full support for Hedera's native cryptocurrency, HBAR, allowing users to create a Hedera account, send, receive, and exchange HBAR directly within the app.
The Reptilian Secret Society is a "play-to-earn" NFT project and decentralized community built on the Hedera network. It’s centered around a fictional universe where a secret society of reptilian beings has infiltrated every aspect of human society.
The core of the project is its series of NFT collections, starting with the "Genesis" collection of 10,000 reptilian characters. These NFTs serve as both digital collectibles and membership tokens, granting holders access to "The Syndicate," the project's decentralized autonomous organization (DAO). Ownership of these NFTs also provides access to various "play-to-earn" features, including the ability to stake NFTs to earn the project's native utility token. The ecosystem also includes a marketplace for trading the NFTs and a breeding mechanic that allows owners to create new "hybrid" NFTs.
The Reptilian Secret Society uses the Hedera Token Service (HTS) to mint all of its NFTs and fungible tokens, which ensures low, predictable transaction fees and fast, secure transfers.