WallFair introduces a new content monetization model using speculation markets. Despite the size and growth potential of the creator economy, the majority of the content creators struggle to generate any revenue across their channels. The top creators earn a major share of the net creator earnings distributed by leading platforms.
Concept Project – What Is Wallfair?
Wallfair is a social event trading platform that decentralizes the creative economy enabling participants to speculate on live event outcomes. With a distinct focus on the creation of socially engaging, fast-paced, and immersive experiences, we take event organization to the next level.
Wallfair introduces NFTS to the creator economy, allows platform users to receive NFTs from their favorite creators. These special tokens provide special perks to the holders including custom avatars, access to limited Wallfair Events, and the ability to create events for content creators.
What is the project trying to achieve?
WallFair provides a platform for content creators to share their live streams, create in-game events for their audience, and earn rewards for successful events. The creators can engage with their audience through live discussions and boost community engagement with real-time micro-betting events. Additionally, they can distribute limited edition seasonal NFTs through WallFair NFT Marketplace to their communities for completing various challenges.
The community members can interact with other viewers, place bets on live events, and generate profits while enjoying live streams from their favorite creators. They can purchase seasonal passes from WallFair NFT Marketplace to get access to special platform avatars, lower fees, sticker packs, and invitations to Special WallFair events.
For users, they get access to exclusive influencer streams, betting events on live streams, and NFTs from their favorite content creators that can be traded on Wallfair’s NFT marketplace. Wallfair will feature hundreds of live events on its platform, providing users unlimited entertainment avenues to choose from. Our incentivization structure distributes rewards to content creators as well as users.
What is unique selling point?
- Trade per Stream
- Trade with WFAIR Tokens
- Live Chat
The WFAIR token is the internal currency used to perform any action on the Wallfair platform
- Token ticker: Wallfair Token (WFAIR)
- Token standard: ERC-20
- Total supply: 1,000,000,000 WFAIR
- Initial supply: 20,637,500 WFAIR
- Market cap: $825,500
- Hard cap: $200,000
- Swap rate: 25 WFAIR per 1 BUSD
- Start date: October 12, 2021, 12:00 PM UTC
- End date: October 12, 2021, 18:00 PM UTC
Token release Schedule
Token Use Case
- Event Creation
- Event Participation
- Liquidity Mining
- Dispute Resolution
- NFT Marketplace
- Automated Market Maker
How to own the token?
Market And Community
In terms of technology, WallFair challenges the traditional speculation markets by developing a blockchain-powered ecosystem. The platform users can track every event, review rewards, and fund transfers over the blockchain network. WallFair eliminates the age-old ‘Casino Always Wins’ ideology with a democratic token-based even-trading platform without compromising the user experience.
WallFair launched its MVP for its community, allowing them to test various features, place live bets, and have an experience of the platform. Following the success of WallFair’s proof of concept event, the team has begun to refine the focus of the project in a way that favors the creator economy and moves towards the highly emerging social in-game token model.
Wallfair now sets its sights on a highly anticipated fundraising round as well as developing partnerships with prominent esports, crypto, and blockchain partners and influencers to develop a powerful ecosystem that gives streamers, esports teams, and special event creators more options to further monetize and incentivize community speculation on the content they create.
Find more information about Wallfair