Wakatta : Nominated Proof-of-Stake (NPoS) blockchain for the decentralized future of the entertainment industry.
When it comes to the massive adoption of blockchain lately it has seen a very high increase especially in the NFT ecosystem. The NFT ecosystem grew very quickly earlier this year, but has recently experienced a drastic decline. This decline in NFT occurred because of the market crash, but there is one thing that greatly affects the decline besides the market crash, what is it? yep, a lot of NFT is Ponzi Only, because nobody uses NFT. but not all, many NFTs sell their Great Art.
remember, if you buy art. You won’t think about the price
Currently very few Platforms for NFT Ecosystem are useful, But what if I told you One of the very good Blockchain platforms with Potential for usability is Games & metaverses, Dapps, Media distribution and Social platforms.
That’s what Wakatta claims. Wakatta is the first blockchain focused NFT for entertainment using the Nominated Proof-of-Stake scheme
WHAT IS WAKATTA
Entertainment meets blockchain that is Wakatta, a Nominated Proof-of-Stake (NPoS) blockchain designed to serve the needs of entertainment industry, NFTs, Games & metaverses, Dapps, Media distribution and social platforms.
NPos or Nominated Proof-of-Stake is the latest generation of PoS or proof of work as a greener solution, because it does not involve excessive electrical energy. NPos Wakatta has advantages The network scheme ensures high transaction speed, affordable fees, strong security, and a low environmental impact.
ONE SOLUTIONS WAKATTA
Wakatta uses the Nominated Proof-of-Stake scheme. that right, the same scheme is applied to Polkadot and others Substrate based chain. However, our team has added a twist
to make our blockchain more suitable for entertainment company. This is what sets us apart:
- Express integration
easy to connect and adapt to any product on wakatta blockchain
2. Low network fee
fee in wakatta network is only <0.001$ average minting price, this is the lowest compared to other blockchains
3. Fast execution
1000 transaction per second, its very fast
4. low energy or Greener
as in the beginning, the network uses a PoS system, which makes 99% greenery on the blockchain
5. EVM-compatible chain
Wakatta will make it easy to migrate dApps from #Ethereum to #Substrate
WAKATTA TEAM And TOKENOMIC
Wakatta project build by Alex Blagirev as CEO of Wakatta who also serves as Deputy COO of Sensorium Galaxy, Alex Blagirev is Web.3.0 & CorpDev he Worked in crucial/executive C-level roles at international corporate companies such as Alfa Bank and his many experiences.
The Wakatta team has participated in the blockchain summit in 2021 and Gtx
technology week in 2021 in dubai.
Wakatta already partnerships with Qubix Infinity, Azuro PRotocol and ART Domain.
Tokenomic
Wakatta has WKT token as governance token, WKT token has supply limit of 21B
Currently WKT Token cannot be traded and has not been launched. but if we look in tokenomic there is a 5% share for incentive testnet. currently wakatta network is opening registration for incentive testnet.
Testnet is now open, where we can test the platform before the main launch and of course will be rewarded. follow the testnet and get your WKT token.
CONCLUSION
Honestly, Wakatta network is beyond impressive, with decentralized future of the entertainment industry. the more it grows, the more it will be needed. and also by saving energy, wakatta uses a PoS / Proof of Stake system. this is a very good step in blockchain.
wakatta seems closer to bringing blockchain for entertainment to mass adoption than any other project on the market.
Thank you
