WEWE – World Enhanced Wealth Ecosystem
WEWE is a project born to bring a solution that can revolutionize the cryptocurrency sector, simplifying the use of cryptocurrencies as a trading method.
Today, the sector of cryptocurrencies applied to blockchain shows a deep void, whereby it remains unable to be used in all or at least most of the commercial services. This impossibility
implies:
- a low transactions volumes and a slow economic growth of a single cryptocurrency and of the entire sector
- a growth in the skeptical and suspicious judgment of people regarding cryptocurrencies.
Today, with more than 80 million users, cryptocurrency has difficulty becoming a mass phenomenon due to the difficulty of its use. As a recent market, born just over a decade ago, the cryptocurrency sector must open up to an audience, bringing them benefits, so as many people as possible can enjoy it.
Cryptocurrencies have advantages of which traditional money cannot compare, like a transparent and peer-to-peer market. One defect is the difficulty of accessing them and the slow-growing number of users.
Cryptocurrencies are money and a medium of exchange. However, today, they are considered primarily as a means of speculation, probably precisely because it is easier to use in speculative trading rather than as a common payment method.
The WEWE project is creating a killer application that will provoke a leap in which people will be able to use cryptocurrencies as they use their national currency today. Furthermore, 1.7 billion adults are now unable to access the banking system, but they will be able to transfer money all over the world just with internet access.
The goal of the project would imply growth not just in the WEWE market, as a cryptocurrency, but also in the entire cryptocurrency sector, an advantage of which both will benefit.
WEWE Ecosystem consists of ten major aspects and key structures
WEWE is the fuel that powers the ecosystem. Each user who uses the service requires WEWE to pay for the service or to use the computing power of the Mobile-Nodes and the decentralized network. Without WEWE it is not possible to use the NFC service, make payments, transfer or exchange cryptocurrencies. WEWE is the fuel for the network and, at the same time, the reward for the participants in the network.
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WEWE also represents the basic structure for all those who want to create their own coin and project in the future, using the WEWE Blockchain, so as to be on a fast, unique and simple infrastructure. Nothing works without WEWE. Each download of this application stabilizes the network and the price of the ATROM.
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It should be understood that paying for services is the only way to protect the data and information of our community and to guarantee long-term stability and cutting-edge products.
Getting WEWE is simple. By doing community services and the user can receive rewards. These rewards allow the community members to join the system.
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WEWE has no geographical limits. Applications released in the ecosystem can be downloaded anywhere in the world
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A tool will be released to convert Bitcoin and main altcoins in local currency and, thanks to NFC technology, people will be able to pay in more than 52 million physical and online stores provided of POS NFC, placed in 196 countries
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A tool will be available by 2020 to access more than 30 storage and community services
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Private and domestic VPN service, with a network of over 150,000 unique and active Ips
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WEWE Global, an exclusive platform for the WEWE community, which encourages literacy in the cryptocurrency and blockchain sector. The mass marketing to the target audience will bring in an influx of new users, and the WEWE community could offer training courses and guides to help understand the market
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Possibility to take part in the construction of the WEWE community by receiving fees generated by user activity in the ecosystem (as transactions) as a reward
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Following the mass adoption of cryptocurrencies, the demand for professional services and advice will increase. This is where the role of WEWE Ambassador comes into play, guiding people in this economic and technological revolution as a life mission
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Scalable API services to enable companies, developers, and entrepreneurs to build their own cryptographic services and P2P product offerings without commission, in order to bring services to the community such as liquidity, payment processor services, and more
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API availability will allow companies and entrepreneurs to expand their global customer base and move their internal management systems onto blockchain technology
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The entire ecosystem is built from the IFS (incentive for service) and IFW (incentive for work) model, which encourages users to participate in works at the service of the network, or to stake their WEWE tokens, receiving tokens in the fees distribution process as a reward for the work done
Why the WEWE ecosystem?
Speed and limits
One of the stated goals of the cryptographic movement was to reduce waiting times for transactions. Unfortunately, this problem has not been satisfactorily resolved by the biggest cryptocurrencies. FRACTAL starts a new path for the simultaneous execution of several million transactions, thanks to the single private blockchain in the Main Ledger that makes this ledger infinitely scalable.
WEWE reaches 0.025 sec per transaction, with a limit of close to 100,000 transactions per second.
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In 2009 BITCOIN introduced the blockchain, a shared and unchangeable data structure. It is defined as a digital register whose entries are grouped in blocks, concatenated in chronological order, and use cryptography to guarantee their integrity. Although its size is destined to grow over time, it is immutable - as a rule, once written, its content is no longer editable or deletable unless it invalidates the entire structure.
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Ten years after its birth, blockchain reports scalability problems, maintenance costs, and transaction limits.
WEWE solves this by bringing a new blockchain concept: the pagechain. A chain of transaction pages, with a limit per page of 25 megabits/millisecond that exponentially increases the number of transactions that can be managed per millisecond.
Fees Redistribution
Once the user activates a wallet, they can decide to participate in the maintenance of the ecosystem by activating their own account as a Mobile-node or Masternode - WEWE Masternodes are also called Shared-Masternode for the possibility of being purchased in parts by multiple users.
Every action, every transaction, every product, and every service within the WEWE ecosystem has a transaction cost and a bonus transaction, accumulated in the SPLITBOX ready to be distributed to those who are entitled to the prize for their service or work.
Mobile-nodes and Shared-Masternodes have an incentive for IFS or IFW to support the network, and this pushes them to actively participate in the maintenance and protection of the network.
This system allows all participants to benefit from the role they play within the WEWE ecosystem.
MOBILE-NODE DPOS: Community sell service
WEWE'S ecosystem uses a Delegated Proof of Stake (DPoS) as a consensus protocol, so the Staking function is available for mobile devices and smartphones.
The blockchain network is generated by the delegates elected by the interested parties. Each smartphone represents a node and has full participation in the incentive of the rental process, in proportion to its process power made available to the ecosystem.
Interested parties can vote for delegates and the weight of each vote depends on the level of stakeholder participation. Stakeholder voting is added to the network as a voting transaction. A delegate can register a delegated transaction and generate and/or validate that transaction. The successfully generated delegate accepted by the system lock wins the prize, and the prize is shared between the parties concerned to protect the network. In other words, we acquire the processing power of your node in return for the ratio and weight of the coins involved.
MASTERNODE APP - Become owner of technology
WEWE'S ECOSYSTEM is distributed on different levels. One of these are the masternodes where, thanks to the Ownership Application, each user can participate in the construction of the ecosystem and obtain its prizes.
Each user can collect applications and build their own rank within the Masternode by owning the KEY ACTIVATION LICENSE APP, which will be activated when the user downloads the application.
Having pre-purchased the KEY ACTIVATION LICENSE APP, the user is the effective owner of the application and is entitled to a rental fee when the app makes purchases, transactions or any other action within it.
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Thanks to the union of the Mobile-nodes that maintain security, the Masternodes have the service abilities of both applications and full nodes. The ledgers have been created within a distributed, democratic and safe ecosystem, that at every transmission redistributes 70% to the community of the wealth generated.
