The Tokenized Community for Web3 Natives
Guarded by the WhaleRoom social token.
What are WHL social tokens?
They are the social tokens you must hold in order to become an official member of the WhaleRoom community – a group of people from all around the world who share a passion for blockchain technology. The social tokens have a limited supply, which creates a scarce decentralized access mechanism for this community.
What can they be used for?
– They can be converted to WHLC to become an official member
– They can be shared with friends to invite new members
– They can be uses to incentivize community building
– They can be used within the community to unlock future p2p perks
Social token availability:
Launch: Feb 2021
Launch type: fair dex launch
Initial unit value: 0.69ETH/1m = $0.00
Team allocation: none
Circ. supply. : 1 million
Total supply. : 1 million
Max. supply. : 1 million
Product formula: x * y = k
Mint function: destroyed, none
Token type: social token
Community UNI-V2 pool: renounced/locked
What are WHLC membership tokens?
They are the membership tokens you receive when joining the community via the loyalty game smart contract. Upon joining the community and converting your WHL, 10% of social tokens are withheld by the smart contract and made available to existing members according to their share of the membership loyalty smart contract pool.
Members are free to leave the community by converting their WHLC membership tokens back into WHL social tokens at any point in time if they wish to leave the community. Upon forfeiting a membership, 10% of WHLC membership tokens are withheld and made available to remaining WhaleRoom members according to their share of the membership loyalty pool.
A minimum of 500 WHL social tokens must enter the smart contract to receive 450 WHLC membership tokens to qualify members access to the official WhaleRoom.
About WHLC:
Launch: Feb 2021
Max supply: 900,000
Warning: WHLC is worthless outside of the WhaleRoom ecosystem. Do not attempt to sell them or trade them outside of the ecosystem, they serve absolutely no purpose outside of WhaleRoom.
How does WhaleRoom 2.0 affect existing WhaleRoom members?
As an existing holder, you do not have to do anything to migrate to the future new version of WhaleRoom. What you can do is vote on whether or not a temporary token-gated Discord channel should be set up while we await the launch of the new WhaleRoom community system.
As an existing holder who’s made it this far with us, these upcoming changes will only benefit the project considering the existing traction is non-existent.