Dubai, UAE, December 16th, 2024,
Chainwire
Welf, a comprehensive ecosystem of private banking
services that bridge traditional finance with the digital age, is
announcing the sale of its native token, $WELF, through two Initial
DEX Offerings (IDOs) on Polkastarter and Ape Terminal.
The token will serve as the cornerstone of the Welf ecosystem,
facilitating platform transactions, governance, and premium service
access to integrate blockchain technology with traditional wealth
management tools. Community engagement around the token launch is
building, as the IDO on Ape Terminal is currently 100X
oversubscribed.
Key Dates
WELF offers tailored financial and lifestyle services for
high-net-worth individuals (HNWIs) through innovative products like
WelfYield™ for cash management, WelfBank™ for advanced banking,
WelfTailor™ for personalized portfolio management, and WelfDemand™
for exclusive concierge services. By integrating legacy banking
with modern digital solutions, WELF enables users to manage their
wealth and lifestyle seamlessly and securely.
The $WELF token will be central to the platform, facilitating
numerous functions that enhance user experience. It covers platform
fees for transactions, service usage, and the issuance or
redemption of tokenized products. Additionally, it provides
governance rights, enabling token holders to participate in
platform decisions, and offers access through a staking-based
subscription model, unlocking exclusive services and reducing
fees.
Welf is aiming to address growing demand for integrated,
digital-first financial platforms in the $112 trillion global
wealth management market. With high adoption rates of blockchain
technology in banking and a projected CAGR of 11.5% in private
equity markets, Welf offers a compelling solution to challenges
faced by HNWIs in accessing efficient and holistic wealth
management tools. Welf has raised $3.2 million in pre-launch
funding from HNWIs, highlighting strong investor confidence.
About Welf
Welf is a comprehensive financial ecosystem designed to bridge
traditional banking with the digital age. By combining expertise in
wealth management with cutting-edge digital platforms, Welf
provides flexible and secure solutions tailored to the unique needs
of high-net-worth individuals. Through a seamless integration of
traditional finance and modern digital investments, Welf offers
personalized advice, transparent services, and innovative tools to
help clients grow and protect their wealth across both familiar
banking channels and emerging opportunities.
Website | X | LinkedIn
Contact
Creative
Director
Karen
Avilla
info@welf.com