WAWLLET, the Personal Financial Passport Reserves $37 Million Worth of Tokens for Issuance

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

Moupiya Dutta
Moupiya Dutta
She finds it interesting to learn and analyze society. she keeps herself updated, emphasizing technology, social media, and science. She loves to pen down her thoughts, interested in music, art, and exploration around the globe.

WAWLLET launched an ICO for up to 89 million of its WIN Tokens on January 29 at $3 per Token, which includes a reservation of $35m USD worth of Tokens for issuance (with 18 months of lock-in-period), in accordance with an EU listed Venture Capital firm. Win Tokens are being delivered to buyers with multiple safety checks in place, assuring that the Tokens distributed are done securely and promptly upon payments.

45 million Tokens are available in a VC and Hedge Funds session, with 44 million Tokens on the Public ICO.

Also Read

The world’s first financial passport and multi-Asset wallet are named WALLET. It can easily connect people, banks, and financial services, both traditional and new, and can change the way people think about and control their money, assets, and personal digital identity. WALLET lets users transfer between them instantly, wherever their accounts or assets may be in the world, providing a single dashboard view of FIAT and digital assets. Exclusive payment method within the WAWLLET platform for transacting fees will use the ERC20 compliant WIN Tokens by the company’s accredited third-party providers.

WAWLLET for the first time, introduces an implied settlement value mechanism for its WIN Tokens that reward their early purchasers through the ICO. With guaranteeing a settlement value for each WIN Token which is the highest of:

  • USD 9.00 (Nine U.S. Dollars); or
  • 0.007605 Ether or
  • 0.000765 Bitcoin
  • At the time of the relevant transaction, the WIN Token market value.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

With the above-mentioned mechanism WAWLLET guarantees that in the event the Tokens will become available at a price below USD 9.00, WAWLLET will provide the user services at a minimum rate of USD 9.00 per Token. The WIN Token Settlement value will increase its value proportionally if the cryptocurrencies increase its value.

The founder of WAWLLET, Mihail Lala, commented as

As cryptocurrencies become more prominent and personal online banking thrives, the world needs a secure multi-asset wallet. – Mihail Lala, CFO, WAWLLET

To let users view and manage their FIAT currencies, cryptocurrency accounts, credit/debit cards, and gold together in one place the company is building a four-pocket wallet. The users will not only be able to see the total real-time financial position, but they will be able to manage all of their assets seamlessly.

The WAWLLET platform is discussed to integrate it with banking, technology, cryptocurrencies, governance, and security, with FIAT banks, commodity traders, vaults, and cryptocurrency exchanges.

As remarked by Lala, “Traditional financial models are competing with inherent challenges related to the delivery of their product and service. We have architected that solution.”

Software development of the WAWLLET platform will receive 20% of the funds raised, 20% will go towards business development, 20% to be held for reserves, while the remaining 40% will be split between administrative needs, marketing, IT, HR, legal and compliance functions.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.



- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -
Microsoft’s Teams Get OpenAI-Based Features WhatsApp New Feature that Allows Users to Create Calling Shortcuts Instagram Working On Twitter-like Paid Verification Feature OnePlus Ace 2 Specs Exposed Online Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly  OpenAI Releases Tool To Detect AI-generated Text
Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022