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The mysterious presale of the latest intriguing meme coin in the cryptocurrency space, WienerAI ($WAI), has attracted over $350,000 in investments within the first two weeks, as investors scramble to acquire tokenized shares of the Ethereum-based sausage dog network.
WienerAI evokes memories of another successful token, Scotty the AI ($SCOTTY), which raised nearly $10 million in its recent presale.
Combining two hot sectors, both $WAI and $SCOTTY promise a new generation of tokens for investors, offering more fun than regular AI tokens and more practicality than typical meme coins.
Interestingly, WienerAI's AI utility is currently shrouded in secrecy by its team, but there are some clues. The main narratives surrounding the project include eye-catching staking rewards, currently offering an annualized return rate of 1876%, along with verified audits and an intriguing community-building storyline.
WienerAI is the only sausage/dog/AI hybrid:
Firstly, investors may never have heard of such an origin story. Like its predecessor Scotty the AI, WienerAI comes with a complete backstory.
Wiener was born in 2132 in a new Silicon Valley laboratory. His creator, a mad dog-loving scientist known as the "Architect," dedicated his life to creating an advanced AI/canine hybrid.
Indeed, he succeeded, albeit with a minor caveat. While the "Architect" was conducting gene splicing experiments, he was eating sausages. The unexpected result was WienerAI, a creature made up of a small dog, artificial intelligence, and sausage.
Now, the white paper mentions "companionship" and "friendship" as key parts of Wiener's foundation. It also mentions the "sausage legion," a cute moniker for the countless followers Wiener hopes to attract, thus hinting at a strong social component.
He may not be the first crypto dog with a legion, but he might be the best.
WienerAI aims to be a dominant player in the cryptocurrency dog coin space:
The world's first and most popular dog coin, Dogecoin ($DOGE), also has a legion: self-proclaimed "dog army." But Wiener's goal is to attract a broader community, and he has a decent battle cry to help rally his sausage forces.
However, Dogecoin is already a tired little dog. Launched in 2013, it has its own blockchain, which is an evolution of Bitcoin. Dogecoin uses a Proof-of-Work (PoW) consensus mechanism, meaning miners with the most hashing power and/or computational ability get the most DOGE.
In today's increasingly warm temperatures and stricter international climate targets, PoW is becoming a worrying concern for more responsible investors.
WienerAI's native chain, Ethereum, uses a Proof-of-Stake (PoS) consensus mechanism, where miners who stake the most ETH receive the most rewards. This is over 99% more energy-efficient than Bitcoin and Dogecoin.
Secondly, the industry has seen frequent scandals and liquidity crises in the past two years, and WienerAI offers security with appropriate audits. WienerAI smart contracts have been audited by Coinsult, a blockchain security platform conducting cryptocurrency and blockchain platform security checks, instilling confidence in investors.
Finally, there are daily staking rewards. 20% of the $WAI supply is reserved for staking. Purchasers can stake during the presale, and the website actually encourages them to do so to take advantage of the up to 1876% annualized staking yield currently available.
While WienerAI may be shrouded in mystery, why investors are flocking to its new presale is no mystery. |
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Post time 4-5-2024 20:47:16
