the crypto market has once again emerged from its slump. many people are happy about this. crypto is becoming a profitable investment this year. many institutional investors come with large funds. a lot was going on throughout 2020 to date, the bull market created a new thing in society. bitcoin created a new ATH, ethereum returned to its price of $ 2000 bnb became a stiff competitor to the ethereum platform, and many crypto projects began to be released. but one thing is different compared to 2017, many new projects are not welcomed by the crypto community, those projects do not get attention, sometimes they don't even get development funds. all of this happens because investor confidence has disappeared and quality platforms to raise development funds are prohibitively expensive. only projects with large funds could use such a service. as a result projects with innovative ideas but no marketing funds were eliminated. Startup companies that have little capital can only surrender by collecting funding using the ICO method. this method has long been abandoned and is no longer profitable.

because of that Whalemaker was released. a platform that brings together crypto startups with investors. a decentralized pre-sale platform that will later help crypto startups raise funds from investors. Whalemaker is a social finance company where everyone can equally invest in new, good quality projects. Usually, only investors who have large funds can access to invest in the best projects, or investors who win the lottery can invest. this way is very unfair, many investors do not benefit from this way. that's why the whalemaker uses a new, more humane way while maintaining the benefits of the existing system.

the whalemaker platform is IDO, all done with a decentralized system. no funds are held by certain parties, the whalemaker only functions as a supervisor and advisor for new start-up projects. they will play an active role in supervising, assessing, and auditing all projects that work with them. that way, new projects can run according to the Roadmap they have published. this is useful for preventing new projects from failing or even committing fraudulent acts in the future.

on the Whalemaker platform, there are several membership levels and they call it whales. each level of whales has its advantages. whales are categorized into different tier groups based on the number of tokens they hold. the more the number of tokens in the user's Ethereum wallet, the higher the rate. It is these tier groups that determine which and how many allocation opportunities a member has access to, along with other special prizes and privileges.

Becoming a whale is easy all you need to do is buy WAKER tokens and store them in the Ethereum wallet of your choice to gain access to membership levels. A special bot keeps track of the number of tokens in your wallet, based on which you can continue to move up / down membership tiers automatically and get a refund of your sale accordingly.

Function of the Whalemaker token (WAKER)

WAKER is an Ethereum based token (ERC20) that is used to access private deals, governance, and interact with the whalemaker ecosystem for joint deals. The usefulness of these tokens will increase over time as the platform develops.

The advantages of the whalemaker platform

By using the whalemaker platform investors will have access to the best quality pre-sale projects handpicked by the whalemaker. that way they can get the maximum profit, instead of investing when it is listed on the market. on the crypto startup side, they have the opportunity to get development funds with the help of a quality platform which is very difficult to enjoy without the help of large funds. they can also get marketing assistance to promote their project. This is a win-win solution that Whalemaker provides for crypto investors and startups. By collaborating with a whalemaker, the crypto startUP project can organize a quality Launchpad without having to have a large fee.

whalemaker is also not fixated on a single blockchain network. WhaleMaker includes projects launched on Ethereum, Polkadot, and the Binance Smart Chain, unlike other platforms that do not offer such diversity. and they are likely to support other platforms.

Conclusion:

for me, this project is very innovative because they provide solutions for funding startup projects that are now having difficulty raising funds. many investors do not believe in ICO because of the many scam projects. IEO is also not very popular, only a few exchanges still routinely hold Launchpad for new projects and the results are not optimal. and IDO is slightly better, but this method is not optimal because there is no supervision for each project. because this is why whalemaker become my hope. I hope they can provide oversight for every project released on their platform.

That's enough from me, if you are interested in this project you can discuss it with investors and the whalemaker team in their telegram group. or if you want to study this project in more detail you can read the whitepaper and visit their website, the link will only be included below later.