When it comes to charitable crypto organizations and their modus operandi, many people have wildly different ideas about what to expect.
The great thing though is most of the charitable cryptocurrency organizations have made the world a better place.
When we got wind of World of Waves, which is an aquatic wildlife Charity that has a cryptocurrency component, we were excited to reach out.
Their CEO Sami Touzani was happy to answer all our questions.
Here is what he had to say.
$WOW Founder/CEO Sami Touzani
Please, can you explain to us the general idea behind the World of Waves ($WOW)?
The general Idea behind world of waves is to bring blockchain technology to NGO’s and their causes around the world but also attract investors through incredible financial gain features.
We want to give back to the world and help the smallest voices be a part of it as well.
Please, can you tell us about your new NFT marketplace and how it advocates cleaner oceans?
World of Waves started out as a token which was mainly focused on ocean conservation – after a while we realized the bigger picture and wanted to bring all charitable causes into one ecosystem.
We can’t just clean oceans while ignoring the fact that some countries don’t even have a recycling mechanism in place to curb these problems.
By realizing that the problem is much bigger than ever thought, we are attacking the main problem rather than just dealing with the symptoms caused by these much larger issues.
The marketplace will be the starting point for being able reach all areas of nature conservation.
Please, can you tell us about the $WOW token?
$WOW is a crypto token built on the Binance Smart Chain.
Like most tokens, $WOW has a built-in tax that is initiated with every transaction; this transactional tax is 11% and is broken down in the following way: 3.3% is redistributed back to all holders, 3.3% to the liquidity pool and 4.4% to the $WOW charity wallet.
As the charity wallet grows, funds are extracted monthly for donations that are voted on by the community and are geared towards ocean conservation and the preservation of aquatic wildlife.
The $WOW team will always be the most transparent developer team in the market with its investors.
How can cryptocurrency and distributed ledger projects be used to advocate for greener practices on the whole?
By using proof of stake technology crypto can reduce the negative impact on the environment t and reduce our carbon footprint.
That’s also the main reason why $WOW decided to launch the project on the Binance smart chain because it’s not only fast and secure but also sustainable and green.
How did you get involved with cryptocurrencies and their allied technologies?
The one thing that we all share as a team is our interest for new technologies and interest in crypto trading and investing.
Together we found this space to be filled with so much opportunity and ability to change lives.
With all this opportunity we saw a place where we could create change and take advantage of the market to make a difference in the world and create positive change.
How can the World of Waves program ($WOW) be both profitable and charitable at the same time?
Simply by taxation on transactions – one of the most incredible features of $WOW is its tokenomics.
It’s a new way to invest and create passive income for yourself. Earn $WOW just by holding, earn $BNB just by holding.
In addition to the passive income a holder accrues, this function also fills a charity wallet for monthly donations. You simply give back to the world while earning money.
This is just the beginning, when the NFT marketplace is launched it will take our platform to an entirely new level, offering even more ways to give back and more ways to earn.
What are your thoughts on the proliferation of meme coins within the cryptocurrency space?
We are meme lovers – who doesn’t love memes ? But in terms of using the term for us as a project…we are not a meme token, we don’t work just by hype, we made sure to give our token a use case.
However we completely stand behind the creation of community tokens and we believe this is the future of crypto.
Please, can you tell us more about your passion for ocean wildlife? How did you get to this point in your passion?
As for myself, my family never had a lot of money to really go on vacation – I always saw the ocean and their wildlife in movies or on the internet – the first time when we were able to go to see the ocean was when I turned 13 years old.
We went to Montenegro and the spot we arrived at crushed my view and my expectation that I grew up with.
The pollution on the beach was horrific and the water was very dirty.
As I went through life, I spent time researching more about aquatic wildlife and how important the ocean for all humans and the world in general, I knew how wrong we were in terms of treating our oceans.
With World of Waves i finally have the opportunity to change that and help make a difference.
How are cryptocurrencies the perfect vehicles for charitable activities?
Fiat currency has such a finite function, it is just an object you trade one thing for another, the value based on the what the economy makes it.
Imagine your money was smart enough to have built in functions that send it and distribute it to different locations that help you earn more money and even helps the world out while you’re spending it.
$WOW is smart money, it can do more than just being used as a currency.
Through the smart contract our token is not only a storage of value but at the same time a rewarding system and a system where people can generate passive income and automatically contribute to a bigger cause without the need to manually press “donate”.
What are your expectations for the cryptocurrency space this summer?
We are bullish for this summer and the bull run will continue in the long run.
Crypto will become more mainstream and the use of it in everyday commerce will continue to grow.
Why did you build your infrastructure on the Binance SmartChain?
Secure, Fast, low fees and the proof of Stake model is better for the environment.
Please, can you tell us more about the $WOW liquidity pool?
We are tradeable on pancake swap which is a decentralized exchange, trading on a DEX requires a liquidity pool unlike your typical trading platforms which fill bid and ask orders. – from our presale offering, we took 70 % of our funds and the hefted it directly to the liquidity pool to provide the initial liquidity.
Furthermore with every transaction (sell, buy and swap) 3.3% goes back to the liquidity pool – so the liquidity grows and grows over time strengthening the position of the token.
How do people buy $WOW tokens?
People can buy it on pancake swap at the moment – how to buy instructions are on wow.surf.
Please, can you tell us more about frictionless yields and why you provided that as a staking feature within the $WOW ecosystem?
$WOW is a frictionless token as it is virtually traded and stored in a digital wallet.
It will be used easily through in app purchases and commerce through the $WOW platform by sending or receiving tokens through wallet apps easily.
Staking $WOW is a separate function and is probably one of our most incredible features.
Just like locking your money up in a high interest CD with a bank, you can stake your $WOW with us and earn APY rates up to 50% on average. Can you say “WOW”? That’s 10x the amount you can traditionally expect with a fiat bank.
Please, can you tell us more about your team?
Our team and bios are listed below:
Kristijan Tot – Chief Operations Officer
Kristijan has an incredible desire to give back to the world and be involved in its future to protect and promote sustainability. It is these driving factors that sets Kristijan apart from traditional operations executives and gives $WOW the ability to grow sustainably and remain on the correct path the token requires to be successful.
Coming from a strong financial sales background, Kristijan understands the individual needs of investors and the growth required by the token to successfully increase in value.
Kunal Kamble – Chief Technology Officer
Kunal is a seasoned technology professional with 15+ years of experience in strategy, partnerships and innovation.
With his technology, cross culture background and passion for working with great teams on consumer products, he has helped many organizations pioneer and build across India and Canada.
He has also founded Hustle Xpress and AboardMe, both the platforms enable students, immigrants, start-ups, businesses, and organizations to find and get a 360° coaching and mentoring for a growing network of Coaches and Mentors in North America.
His CryptoSauga, a community built around NFT that collaborates with multiple artists and contributes to charity. All these together have been driving forces for joining World of Waves.
Sami Touzani – Chief Executive Officer
Sami is a young visionary who finished his apprenticeship in the E-Commerce and Marketing business in 2021 in Marburg, Germany.
He brought World of Waves to life on April 24th after his decision to create a cryptocurrency which combines blockchain and charitable donations.
His ability to establish connections between people set the base for a strong community and team; Sami believes in the power of unity.
Together with the team and investor community, Sami will carve the way to success for the $WOW token.
Jeremiah Lagace – Chief Marketing Officer
Jeremiah is a seasoned management professional with a background in the semiconductor and tech industry.
With just about a decade of management experience, Jeremiah understands the steps and processes to efficiently and effectively complete any task in his path.
His vision of the $WOW token and the importance of its brand will result in its success in the mainstream market.
Anagha Mhatre – General Counsel
Anagha has extensive experience in handling legal matters relating to intellectual property rights, International commercial arbitrations, corporate and commercial transactions.
She brings with her a wealth of multidisciplinary experience as a legal advisor of an NGO.
She is passionate about conservation of environment and sustainability, and she believes that this is the only time when we as a global community can come together and take concrete steps towards reversing the adverse effects of climate change and make this planet sustainable for all beings.
What advice can you give anyone who wants to go into the world of cryptocurrencies and their allied technologies?
Always do your own research, this is a must, also make clear that cryptocurrency should be seen as a risk investment and by that i mean only invest money you are ready to lose.
When you’ve done your research, always trust your instincts and hold for the long run. Patience is the key to trading.
Do you have any plans to launch an independent $WOW ledger in the future? Please, can you tell us the reasons for your answer?
We don’t want to limit our future by saying no to it, but we can say it is not on the road map for the near future.
But as we all know, plans change and we are always evolving to adapt to change.
What are your plans to engage generation Z about these wonderful technologies?
GenZ are already the ones that want to see change and take action in terms of the environment – sustainable blockchains will be the only way to go.
We hope GenZ continues to advocate for positive change and brings the momentum we need to be sustainable.
Do you have any secrets you want to tell us? Care to spill the beans?
GOWOWME…maybe this has something to do with fundraising but I don’t know, I guess we’ll see soon!
If you had three wishes and a genie that could make them come true, what would they be for World of Waves ($WOW) and the wider cryptocurrency space?
To have World of Waves achieve their goals and bring positive change to the world
Have crypto regulations be more acceptable all around the world so everyone can experience the good behind it all
To have crypto continually advance so that it becomes more sustainable and offers more to the environment.