FAQs for wows

What is the difference between an NFT and an SFT?

An NFT is a Non-Fungible Token, a ERC720 token is unique and NFTs are not mutually interchangeable like currency, another description for interchangeable is “not fungible”. In economics, fungibility is the property of currency whose individual units are essentially interchangeable, and each of its parts is indistinguishable from another part. NFTs are mostly used by digital artists to store and create value for their digital art. Can be music or graphic or even both. Once the NFT is minted it is unique and cant be changed. We have seen NFTs being sold for up to 31853,39 ETH 

SFTs (Semi fungible Tokens) are a unique token ERC1155 that can be both an NFT and FT ( fungible token i.e currency) but also allows new functionality and security such as firing multiple transactions at once, saving on transaction costs, trading (escrow / atomicswaps) of multiple tokens can be built on top of this standard and it removes the need to “approve” individual token contracts separately. It is also easy to describe and mix multiple fungible or non-fungible token types in a single contract.

What is a CRYPTOFOLIO (C-Folio)?

A CRYPTOFOLIO is a term we created (we also use the term C-Folio) that describes the functionalities of an SFT in the use cases we are providing. Our SFTs are able to hold both Fungible values as well as Non Fungible items ( NFTs) as well as interact with any DeFi contract we require such as Yearn/CRV in order to provide boosted yield. They are able to hold any NFT even those brought into the platform from outside. Because they have the flexibility built into the SFT we are able to build any interaction we require which forms the basis of our roadmap.

In connection with WOWS that means that the C-FOLIOS are able to

  • Yield farm into multiple farms
  • Can be used as a Portfolio for other NFTs
  • Can be used as collateral for lending
  • Can be used as a gamified entity competing against other players for more profit
  • Hold third party tokens as synthetics allocated
  • The whole C-Folio can be sold as one entity via our unique locking mechanism

All these use cases are not only increasing the extrinsic value of the digital art but also holding real intrinsic value allocated into the SFT which increases the overall value of the CRYPTOFOLIO.

What are the WOWS token use cases?

Using the WOWS ecosystem a user has several options.

  1. Purchasing a CRYPTOFOLIO
  2. Upgrading a CRYPTOFPLIO
  3. Raiding the BOOSTER Pool
  4. Defending against raids
  5. Selling a CRYPTOFOLIO

All these functionalities are done with the WOWS token.

What is the difference between the WOLF and BOIS CRYPTOFOLIO?

BUSINESS BOIS — STABLECOIN FARMERS- LOW RISK PORTFOLIOS

  •   Stablecoins NFTs (USDC, USDT, DAI) earning yield in Yearn, Aave, Fulcrum or Dydx.
  •   Yield are distributed in Stablecoin + WOWS token.
  •   The only C-folios that are allowed to put their earned yield into the BUSINESS BOOSTER to compound the returns up to 4x within a year.

Gamification:

  •   NFT Upgrades to earn more returns from the WOWS POOL
  •   NFT Upgrades to increase the BOOST POOL defence power — Defending the BOOSTER returns.

TRADER WOLVES — STAKERS- HIGHER RISK PORTFOLIOS

  •   Farming with the ETH/WOWS NFT LP token
  •   Earning 2.5x the yield in WOWS token compared to the BOIS.

Gamification:

  •   NFT Upgrades to earn more returns from the WOWS Pool.
  •   NFT Upgrades to increase their corporate raiding — Raiding the BOOSTER pools.

BOTH TEAMS:

  •       Function as Portfolio for any third party NFTs
  •       Generating yield based on third party NFTs
  •       Function as lending collateral
  •       Capable of holding tokenized real-life assets

What are the different LEVELS of the CRYPTOFOLIO do?

Level 1 — PRODIGY = CRYPTOFOLIO – 25% PROFIT PROWESS

Stake LP NFTs & stablecoin NFTs in Yearn to generate yield + Add NFTs from outside to create curated art c-folios to sell or keep.

Level 2 — PHENOM = CRYPTOFOLIO – 50% PROFIT PROWESS

take LP NFTs & stablecoin NFTs in Yearn to generate yield + Add NFTs from outside to create curated art c-folios to sell or keep.

*Level 3 — ELITE = CRYPTOFOLIO – 75% PROFIT PROWESS

Stake LP NFTs & stablecoin NFTs in Yearn to generate yield + Add NFTs from outside to create curated art c-folios to sell or keep + Create unique generated name on SFT itself + Use this NFT collection as valued collateral for lending.

*Level 4 — ALPHA = CRYPTOFOLIO – 100% PROFIT PROWESS

Stake LP NFTs & stablecoin NFTs in Yearn to generate yield + Add NFTs from outside to create curated art C-Folio to sell or keep + Create unique generated name on SFT itself + Use this NFT collection as valued collateral for lending + add synths (tokenised real-world assets)

*not distributed yet

The functionalities of the C-Folios within the levels will be added along the roadmap starting with the staking yield generating farm protocol. You will not need to change anything on your end once the SFT is purchased. To begin with, you are only buying the SFT C-Folio in preparation for the DeFi launch. However, the numbers are very limited so it is advisable to buy now as this is the only way to benefit from the C-Folios and their features.

Where to buy C-Folios & how to recognize FAKE C-FOLIOS?

You can find a selection of new C-FOLIOS either in our own platform https://app.wows.finance/ or buying them from other holders at once we launch the LOCK function for trading. ETA JUNE1st

How to spot a fake. 
There are many fake C-Folios on third-party platforms OpenSea and Rarible. Here’s how to spot the fakers.

1 – Does it have a buy button? – YES? = FAKE.
Currently, no genuine C-Folios can be sold on any platform as the lock function has not been released.

2 – is the minter contract in opensea URL after assets/ DIFFERENT to this:
0x64b3342db643f3fb4da5781b6d09b44ab4668de4 = FAKE
The minter contract ID cannot be replicated

3 – Does it show in our d’app ‪https://app.wows.finance under MYPACK NO? = FAKE.

THE PAPER

The AUDITS

The ROADMAP

THE TEAM AKA THE PACK

TRISTAN ADER

CEO

Founder of a Divert Digital Ltd
Software Development PM

Digital Consultant
UK

MARCUS PFAU

CTO / LEAD DEV

Founder of Peakwork AG
Business Angel and CTO 

Germany

MATEEN DAWOUD

CMO

BA in Product Marketing & Project Management

Business Consultant 

Austria

GARRET BROWN

DEV / UNIT TESTER

Embedded Systems Engineer Aclima Inc. (part time)
Kodi Lead Contributor

USA

DANNY OH

BUSINESS DEVELOPMENT

Director – Tech infrastructure Corporation
(part time)

Singapore

PARTNERS, ADVISORS & SUPPORTERS

MASSIMO BUONOMO

Financial Advisor & WOWS Ambassador

Former UN Global expert in BlockchAIot, blockchain, and cryptocurrencies

Florence/Italy

POLYGON

MATIC

Official Media Programe & Small Grantee

INDIA

DEFI TED

DeFi Advisor

Advisor –
@COVERProtocol
@dontbuyrope
Yield – http://yearn.finance

Australia

ANISA TOPAN

Head of PR

Communications Specialist

London/Vancouver

NFT ARMY

NFT Advisors

Boots on the ground support group

Global

OUR MISSION & VALUES