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Weld Money is a modern fintech project already creating a revolution in finance and payments today. Weld Money implements a payment solution for recurring daily expenses with minimal fees backed by any crypto wallet.
It is obvious today that the traditional financial system is entirely obsolete. And cryptocurrencies, digital assets considered modern, are not used in everyday life due to a number of problems users face (high commissions, verifications, etc.). The key to solving this problem was the concept of Weld Money, developed by Alexey Meretskiy, Alexey Bobok, and Iryna Lorens.
The global goal of Weld Money is to connect the world of cryptocurrencies with the world of traditional fiat finance. Weld Money is a transparent bridge between two worlds. All this became possible thanks to the product Weld Money - the weld card.
the indisputable advantages of weld card are:
payment with stablecoins at all points of sale using Apple/Google Pay
the ability to use crypto assets when paying in online stores
balance control of all digital assets in one mobile application or website account (NFT, donats, other next-generation digital assets)
cashback program
the ability to choose a bank in different jurisdictions for opening an account
minimal fees for payments
additional benefits for investors in the WELD token
Deregulation and decentralization are what really drive user engagement and continued growth. Weld Money today is a modern digital payment provider for the post-fiat era.
What is WELD?
WELD (WELD) emerges as a transformative force in the fintech landscape, bridging the gap between cryptocurrencies and traditional finance. This cryptocurrency is integral to the WELD platform, facilitating payments and transactions while offering a deflationary model. Users can leverage WELD for fees and discounts on various WELD products and services, enhancing its utility.
Weld Money, the driving force behind WELD, is a Ukrainian fintech startup revolutionizing digital payments. The platform offers a digital payment card linked to a cryptocurrency wallet, enabling users to pay with their crypto balances seamlessly. This card supports payments with stablecoins at all points of sale using Apple Pay and Google Pay, making it versatile and user-friendly.
The WELD token is available for trading on platforms like PancakeSwap, BitMart, and Bitrue, ensuring accessibility for a broad audience. Additionally, the Weld Money app allows users to manage their digital assets, including NFTs and other next-generation digital assets, from a single interface. This comprehensive approach simplifies balance control and enhances user experience.
Weld Money's global ambition is to connect the cryptocurrency world with traditional fiat finance, creating a transparent bridge between the two. The platform offers minimal fees for payments, a cashback program, and the ability to choose a bank in different jurisdictions for account opening. These features, combined with the additional benefits for WELD token holders, underscore the platform's commitment to deregulation and decentralization, driving user engagement and growth.
What is the technology behind WELD?
The technology behind WELD (WELD) is multifaceted, combining blockchain innovation with practical financial solutions. At its core, WELD operates on both the Ethereum and Binance Smart Chain (BSC) networks. These blockchains are known for their robust security features and decentralized nature, which are crucial for preventing attacks from bad actors. Ethereum, for instance, uses a proof-of-stake consensus mechanism that requires validators to hold a certain amount of cryptocurrency, making it costly and difficult for malicious entities to manipulate the network. BSC, on the other hand, employs a proof-of-staked-authority model, combining elements of proof-of-stake and proof-of-authority to enhance security and efficiency.
A distinctive feature of WELD is its deflationary model, which includes a monthly "buy back" of WELD tokens from the market. This mechanism reduces the total supply of tokens over time, potentially increasing their value and providing an incentive for holding WELD. This buy-back strategy is designed to create a more stable and valuable ecosystem for users and investors alike.
WELD also introduces the WELD card, a pioneering crypto card in Ukraine and the CIS region. This card allows users to make easy and legal payments with cryptocurrency, bridging the gap between digital assets and everyday financial transactions. The WELD card supports payments with stablecoins at all points of sale using Apple Pay and Google Pay, making it highly versatile and user-friendly. Additionally, it enables the use of crypto assets for online purchases, offering a seamless integration of digital currencies into the traditional financial system.
The WELD card also provides users with the ability to control their digital asset balances through a mobile application or website account. This includes not only cryptocurrencies but also next-generation digital assets like NFTs and donations. The card comes with a cashback program and offers minimal fees for payments, enhancing its appeal for everyday use. Users can also choose a bank in different jurisdictions for opening an account, providing flexibility and convenience.
Weld Money, the fintech project behind WELD, aims to revolutionize finance and payments by offering a modern digital payment solution for recurring daily expenses. This solution is backed by any crypto wallet, making it accessible to a wide range of users. The project was developed by Alexey Meretskiy, Alexey Bobok, and Iryna Lorens, who envisioned a transparent bridge between the world of cryptocurrencies and traditional fiat finance.
In addition to its financial applications, the technology behind WELD has roots in the welding industry, where it is used to join metals through heat and pressure. This technology has been applied in various sectors, including heavy industry, automotive, and medical, to increase productivity and improve the quality of welded products. This diverse application of welding technology underscores the innovative spirit behind WELD, as it seeks to enhance both financial and industrial processes.
Deregulation and decentralization are key drivers of user engagement and growth for Weld Money. By minimizing the barriers to entry and offering a decentralized platform, WELD encourages broader adoption and participation in the digital economy. This approach aligns with the broader trend towards decentralization in the cryptocurrency space, where users seek greater control and autonomy over their financial assets.
What are the real-world applications of WELD?
WELD (WELD) is a cryptocurrency designed to bridge the gap between traditional finance and the world of digital assets. One of its primary real-world applications is through the Weld Money payment card service and mobile app, which facilitate seamless cryptocurrency payments globally. This service allows users to pay for everyday expenses using their crypto assets, addressing common issues like high fees and complex verifications.
Users of the WELD token can benefit from reduced processing fees and increased spending limits on their Weld cards. The token also offers cashback rewards for payments made with the card, providing an incentive for regular use. Additionally, WELD tokens can be staked to earn further rewards, making it an attractive option for those looking to maximize their crypto holdings.
Another unique feature of WELD is the ability to purchase and set unique digital NFT skins for the Weld card. This adds a layer of personalization and digital ownership to the payment experience. Users can also level up their Weld cards by holding WELD tokens, unlocking new features and benefits as they progress.
The Weld Money platform integrates with Apple Pay and Google Pay, allowing users to make payments with stablecoins at any point of sale that accepts these payment methods. This integration ensures that crypto assets can be used just as easily as traditional fiat currencies in everyday transactions.
Furthermore, the Weld Money app provides a comprehensive view of all digital assets, including NFTs and other next-generation digital assets, in one place. This makes it easier for users to manage their crypto portfolios and track their spending.
Weld Money also offers the flexibility to choose a bank in different jurisdictions for opening an account, catering to a global audience. This feature, combined with minimal fees for payments, enhances the overall user experience and makes WELD a practical solution for modern financial needs.
What key events have there been for WELD?
Weld Money, a fintech project revolutionizing finance and payments, has seen several pivotal moments since its inception. The project aims to bridge the gap between cryptocurrencies and traditional fiat finance, offering solutions for daily expenses with minimal fees through its innovative Weld card.
One of the earliest significant events for WELD was the issuance of the WELD token. This token serves as the backbone of the Weld Money ecosystem, facilitating various transactions and benefits within the platform. Following the token issuance, the launch of the WELD Pool on the ZENDID platform marked another milestone, providing users with opportunities to engage in liquidity mining and staking.
Partnerships have played a crucial role in the development of Weld Money. A notable collaboration was established with the Hacken Foundation, enhancing the security and credibility of the platform. This partnership aimed to ensure that Weld Money's infrastructure remained robust and secure, fostering trust among its users.
Investment from Avalon Wealth Club further bolstered the project's growth. This investment provided the necessary capital to expand and improve Weld Money's offerings, enabling the team to enhance their payment solutions and reach a broader audience.
Community engagement has been a focal point for Weld Money. Various giveaways have been organized to increase user participation and awareness. These events not only rewarded existing users but also attracted new ones, contributing to the platform's growth.
An upcoming Initial DEX Offering (IDO) registration is another key event for WELD. This event is anticipated to provide additional liquidity and exposure for the token, further integrating it into the broader cryptocurrency market.
The launch of Weld Money's crypto payment card service was a significant step towards achieving its goal of connecting cryptocurrencies with traditional finance. This service allows users to make payments with stablecoins at all points of sale using Apple Pay and Google Pay, making crypto assets more accessible for everyday transactions.
In addition to these developments, Weld Money has actively engaged with its community through various events. A live stream event on Borex YouTube provided insights into the platform's progress and future plans, fostering transparency and community involvement. The Intro 2 Crypto Workshop scheduled for 2024 aims to educate users about cryptocurrency and blockchain technology, further promoting the adoption of Weld Money's solutions.
These key events highlight the continuous efforts of Weld Money to innovate and integrate cryptocurrencies into daily financial activities, making digital assets more practical and accessible for users worldwide.
Who are the founders of WELD?
WELD (WELD) is a cryptocurrency co-founded by Oleksii Bobok, Iryna Lorens, and Mykola Melnyk. Oleksii Bobok brings extensive experience in IT and crypto, contributing significantly to the technical development of the project. Iryna Lorens, with a background in finance, plays a crucial role in strategic planning and partnerships. Mykola Melnyk, also deeply rooted in the banking sector, focuses on integrating traditional finance with the crypto world. Together, they aim to bridge the gap between cryptocurrencies and everyday financial transactions through innovative solutions like the Weld Money card.
The live WELD price today is $0.002072 USD with a 24-hour trading volume of $373.67 USD. We update our WELD to USD price in real-time. WELD is down 4.57% in the last 24 hours. The current CoinMarketCap ranking is #6876, with a live market cap of not available. The circulating supply is not available and a max. supply of 250,000,000 WELD coins.