Thread by @Arcane_Tiger

The gem of the month:

🚨🚨WADZPAY $WTK🚨🚨

Let’s dive in…

(THREAD)

WADZPAY is a layer 2 blockchain - agnostic payments protocol based out of Singapore.

•Leveraging up-to-date technology to provide:
- faster payment/settlement
- enhanced security
- low transaction costs
-interoperability between legacy and blockchain payment structures

Some partnerships include:

- MasterCard (HUGE)
- Tomochain
- Xin Fin (HUGE)
- IBS
- BlockSphere

& more.

Now what makes #Wadzpay so promising?

-Low Circulating Supply (250m) ✅
-Half to be burned (125m) ✅
-An experienced and transparent executive team ✅
(more on this later)
- sub 5 million market cap ✅
- MasterCard and Xin Fin connection ✅
- FEE LESS Tx’s on network with $WTK

Cross border payments and remittances is a multi TRILLION dollar problem.

More than 10,000 banks use the SWIFT messaging system that has a 6 PERCENT fail rate with transactions and can take up to a WEEK to settle these transactions.

SWIFT hasn’t changed much since inception

In the 70’s and has led to a MASSIVE cost burden on customers

Multiple intermediaries are usually required if you want to move money lets say from: Hong Kong to Singapore

In an internet of information, money SHOULD be able to move freely like it does on the internet

IT DOESN’T

This creates liquidity issues and fees that can be felt from the top down in banking.

‘Nostro Vostro’ accounts are needed to keep cash on hand for transfers of capital. This locks up trillions of dollars that can’t be freed up for other purposes.

Imagine what a bank could do

With all that extra capital if they were able to have INSTANT and FEE-LESS settlement leveraging the $WTK native token or another token such as $XDC?

This changes EVERYTHING for how value changes hands.

Value is unlocked
Fees are reduced
New business models emerge

😎

WADZPAY will offer over 250 currencies that we be able to be utilized on their network

They are also offering CDBC & Stable Coin enabled infastructure as part of their suite of products.

Now what are some of their products?

Products:
Merchant Account Manager:

Wadzpay Analytics:

This tool will provide customers with live data feeds with more control for a better user experience.

According to Wadzpay: “The data feeds are completely customizable based on individual business needs”

WADPZPAY Atlytica:

Use cases include:
-banking opps
-government pops
-micro transactions
-plug and play digital asset processing
And more

So who is the executive team of WADZPAY?

Meet the CEO Anish Jain

Who is Anish Jain?

-Former VP of market development at MasterCard (Asia, Australia, Middle East, Africa)

-Former Client General Manager for Asia at American Express (AMEX)

- the head architect of payments projects in the public & private sector across Asia w/ MasterCard

The rest of the team consists of

- A former director of AMEX
- CEO of MasterCard Payments Technologies
-consultants & advisors for banks such as: JP Morgan, Deutsche Bank, HSBC, CITI , Royal Bank of Scotland, etc.

& more.

Xin Fin and MasterCard as partners on their own will bring massive potential to a startup project like WADZPAY.

Xin Fin is going after a 19 trillion dollar trade finance industry, don’t you think $WTK would benefit from such a partnership? Time will tell 😁

WadzPay is an extremely new but promising project.

With such a low market cap and circulating supply , solid team, and amazing partners - that in itself allowed me to ape into $WTK with no regrets

👊🏻

For those who would like to buy some $WTK

#BitMart

* KYC is required for withdrawals *