BitWell Bi-Weekly Report (07.18–07.31)

BitWell
5 min readAug 4, 2022

🔹Product technologies

1. Spot

a. The Asia Pacific Electronic Coin (APECOIN) will be launched in the innovation zone of the spot trading sector and the trading competition will be started. Participating in APECOIN spot trading can share a reward of $5,000.

Asia Pacific Electronic Coin is a green cryptocurrency that was conceptually designed to help Mother Nature. APECOIN has an important value connection in protecting the environment, and it was born in time to help alleviate the environmental pain our planet is experiencing right now.

b. Waterenswap (WTN) will be launched in the innovation zone of the spot trading sector.

WateenSwap is a decentralized exchange (AMM) automated market maker on BNB Chain that allows users to exchange BEP-20 tokens.

WateenSwap has a staking pool, a farming pool, and a syrup pool. Users can stake LP tokens or WTN tokens to get a lot of rewards. WateenSwap has developed its own recommender system, launchpad, NFTs market and BNB prediction market, which can bring many benefits to users.

c. Floki (FLOKI) will be launched in the innovation zone of the spot trading sector and the trading competition will be started. Users who trade FLOKI can share 5,000 USD in rewards.

Floki (FLOKI) is the utility token of the Floki ecosystem, named after Elon Musk’s Shiba Inu, and a collaborative project of Musk’s younger brother, Kimber Musk.

FLOKI has the function of cryptocurrency international payment. You can purchase products and services of more than 1,700 internationally renowned brands such as Apple, Starbucks, Nike, and Adidas with FLOKI.

FLOKI has metaverse games, NFT ecosystem and blockchain lending functions, realizing ETH and BSC double-light-speed cross-chain, and tax-free double-chain conversion arrives quickly.

2. WELL Vault

From 01:00 on August 1st, the eighteenth phase of the WELL vault will be opened, with an initial prize pool of 100,000 WELLs, which will not be capped.

3. The mobile terminal is updated with the iOS version is upgraded to 1.12.14:

a. Upgrade the spot order screening function to improve the user experience

b. Added gesture password function for faster user access

🔹Market operation

1. BitWell and RadioCaca jointly hold the Metaverse Music Festival. Well-known singers and voice actors such as Aya Uchida, Megumi Nitta, and Anna Suzuki will appear at the festival. Users who follow BitWell’s official Twitter will have the opportunity to receive tickets.

RACA’s official Twitter retweet to promote this Metaverse Music Festival:

2. Strategic cooperation

BitWell Labs has reached a strategic cooperation with WaterSwap, a decentralized automatic market maker on BNB Chain. The two parties will cooperate in decentralized asset aggregation, NFTs, etc.

BitWell DEX will work with WateenSwap to promote the development of on-chain asset aggregation and trading, provide new dynamic routing functions, and improve the liquidity of multi-chain asset trading order books by improving function algorithms and building AMM models. Both parties are committed to providing users with lower fees and risks, and comprehensively improving the transaction experience. BitWell Labs will also promote the platform to connect the platform token to the WateenSwap staking pool to enrich usage scenarios and increase users’ staking income.

The two parties will also jointly expand the NFT ecological layout, jointly provide users with a more convenient trading experience, more interesting NFT products, more opportunities to participate in NFT at low cost, and jointly create a richer and more harmonious NFT ecological market.

BitWell Labs will also provide a full range of services including but not limited to investment, trading, market drainage, and publicity.

click to read:

https://bitwellglobal.medium.com/bitwell-labs-and-wateenswap-enter-into-a-strategic-partnership-to-explore-multi-chain-decentralized-94dbb29a0351

3. Community Activities

a. David, the technical director of WateenSwap, is a guest in the English community and community members who participate in AMA activities can share WTN rewards worth 500U.

WateenSwap’s official Twitter retweeted the AMA event

The question-and-answer session is open, and community users actively ask questions:

Click here for the full content of the AMA:

https://bitwellglobal.medium.com/bitwell-ama-introducing-wtn-wateenswap-wtn-launch-on-bitwell-53fd23dc047b

b. Floki core team members are guests in the English community and those who participate in AMA activities can share FLOKI rewards worth 500U.

Floki’s official Twitter to promote the AMA event:

The question-and-answer session is open, and community users actively ask questions:

Click here for the full content of the AMA:

https://bitwellglobal.medium.com/bitwell-ama-introducing-floki-why-floki-is-the-peoples-cryptocurrency-and-how-it-plans-to-2b9ae16b66f0

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