WHALE is a social currency backed by tangible and rare NFT assets whose valuation is supported by high value assets that continue to grow organically through scarcity, exclusivity, and market demand (the current portfolio includes Sandbox, NBA Topshot, crypto art, and more, valued at over $1M). At the same time, reflecting scarcity through a defined limited offering of WHALE can only generate a maximum of $10 million, and each WHALE's offering value consists of a basket of some of the industry's rarest and sought-after irreplaceable tokens (NFT). Vault is just one dimension that defines WHALE's value as a social currency. More important to the project is the growth of the community, the growth of WHALE as a brand, and the growth of WHALE as a use case for social currency. WHALE will create a virtuous cycle of value for WHALE holders through NFT asset appreciation, community and brand appreciation, and WHALE TANK Angel Investment Fund appreciation. Any revenue it may generate will be directly reinvested into accumulating more valuable NFT related assets to drive capital appreciation and community engagement. The WHALE vault is just one dimension that defines WHALE's value as social currency. WHALE's fundamental value will continue to grow, as The current NFT assets in The Vault are The rarest and sought-after NFT among The most successful projects in blockchain. Will continue to reinvest at least 40% of its market-making activities from WHALE to acquire more rare NFT assets and create a healthy cycle of value creation for WHALE holders and successful blockchain projects. Users can obtain WHALE by providing liquidity to Uniswap's WHALE/ETH pool, or by pledging NFT tokens. WHALE Coin is a social cryptocurrency created by WhaleShark, one of the largest NFT individual buyers in the crypto asset market. The WHALE token is actually a social token. Social tokens, also known as social or community tokens, are usually tokens issued by individuals with a certain amount of power or influence.

Be the perfect combination of social currency (community) and NFTs (Treasury). It aims to create a virtuous cycle of value for WHALE holders through NFT asset appreciation, community and brand appreciation, WHALE TANK angel Investment Fund appreciation and other ways, so that ordinary people can also participate in art investment and enjoy the benefits of art appreciation.

Since the establishment of the Bretton Woods system, modern currencies have abandoned the gold standard. Fiat currency abandoned value anchoring and issuance restrictions for government credit guarantees. WHALE as a social token solves this problem of lack of real asset backing. WHALE's value is secured by tangible NFT with both scarcity.

WHALE tokens were founded by WhaleShark, one of the largest NFT individual buyers in the crypto asset market. WHALE tokens are indirectly backed by WhaleShark's NFT assets. These assets are held in addresses known as "vaults", which are largely managed by WhaleShark. Although WHALE does not publicly say who owns the NFTS in the "vault", most of them are deposited by WhaleShark. WhaleShark has the drive to add value to WHALE. In addition, WhaleShark has added some new features to his personal tokens, with the goal of bringing more features and gradually decentralizing token ownership.

All WHALE tokens were airdropped to community users, liquidity providers, partners, and contributors. The purpose of token distribution is to get tokens into the hands of the most suitable people who have a continuing interest in the project and contribute to the community. Let the token be the best glue in the community. WHALE tokens have the following functions: 1. Specifically purchase NFT works of WHALE partners (such as artists, games, collections, etc.); 2. Exclusively renting on-chain property or art from the "vault" portfolio; 3.WHALE can be paid at the price of 1 WHALE per minute for WhaleShark business consulting and other services; 4. To post proposals or vote in the WHALE DAO; 5. The founders of WHALE Token are also considering adding other functional mechanisms in the future. They plan to use all of the "Treasury" asset sales proceeds or rents to buy more NFT to add value to the "Treasury".

To stimulate the growth of the "WHALE vault", the WHALE community launched a liquidity mining project. Creators can pledge their NFT work or their entire smart contract for more WHALE tokens. NFT Liquidity Mining program rewarded ten $WHALE creators with 2000 whales per month for the first three months. NFT pledges are sold at WHALE prices to improve WHALE usage.

WHALE was originally introduced as a token backed by tangible assets, and one dimension of the token's value comes from its NFT, such as the NFT of the token WHALE digital Art and Collectibles. In addition, many tools enable creators to establish a direct relationship with fans. Whale creates a great model that allows fans of the creator to connect with each other.

Some say WHALE, the first social token in the industry, could be an invisible code for wealth. It is understood that there are 10 million whales in total, and each WHALE will be backed by a basket of The rarest and most sought-after NFT assets (these NFT assets are kept in WHALE's "The Vault"). 50% of the 10 million WHALE tokens are held by WhaleShark. Although WHALE will launch DAO governance later, WHALE is still relatively centralized at present.

According to Sean, WHALE, as a social token, has distinct personal attributes. Although this project intends to launch DAO governance in the future, the current centralization color is still relatively strong. In addition, how to determine the value of NFT as collateral and how to generate more application scenarios for WHALE indirectly supported by NFT are also issues that need to be considered.

Whale is carried out from the three dimensions of users, artists and assets to improve community recognition and brand communication. Continuous team innovation and rich resources will be the source of continuous development of the community. With the rich collection of "vault" and the increasing proportion of high-quality collections in the field of digital art, Whale "vault" will not only become the vane of the development of crypto art, but also the basic currency of crypto art transactions. In the long term, the value of WHALE token will increase with the increase of the value and income of the "Treasury". It has a reasonable valuation target, high dispersion degree of token and strong community viscosity, and the volatility of token market will be reduced. It can be used as a store of value (SoV), a medium of exchange (MoE), and a unit of account (UoA). WHALE aims to be a token for transferring value between NFT collectors, creators and enthusiasts. It could even become an anchor asset for personalized social tokens.

Whale creates a great model that allows fans of the creator to connect with each other. Whale's community sort of shows what the transition from a passion economy to a Discord fan base economy can look like. Some people spend most of their day in Whale's Discord chat community. They find ways to make friends, have fun and make money. Members tip each other using WHALE via CCTip. They are hosting karaoke contests, selling art, organizing poker nights and constantly launching new projects. WhaleShark introduced a cool 3D sneaker library. Users will see more fans/followers of the creator establish direct relationships and share some of the social and economic benefits. WHALE as a social token solves the problem of capital not being backed by real assets. WHALE's value is secured by tangible NFT with both scarcity.