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WHALE Stock

WHALE

WHALE

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WHALE Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
Gate.ioWHALE/USDT0.360084,366.960cex14/17/2025, 9:23 AM
CoinExWHALE/USDT0.4611.6611.844,156.170cex17/9/2025, 6:23 AM
KuCoinWHALE/USDT0.280.323.23586.310cex14/8/2025, 6:36 AM
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WHALE FAQ

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What is WHALE? WHALE is a cryptocurrency that is designed to offer a unique blend of digital and physical asset backing. It serves as a platform that combines non-fungible tokens (NFTs) with a community-driven approach, facilitating the creation and exchange of digital art and collectibles. The WHALE ecosystem focuses on empowering its users by providing them with a digital space to create, trade, and collaborate on art and other forms of digital content. To gain more insights into WHALE and its market performance, it is advised to refer to Eulerpool for comprehensive data and analysis.

WHALE, a notable entity within the cryptocurrency sector, was launched in May 2020 as a decentralized community and asset-holding organization. Distinct from traditional cryptocurrencies, WHALE is highly integrated into the NFT domain, possessing a substantial collection of high-value digital assets housed in The Vault. This collection, which has been expanding since 2019, serves as the fundamental basis for WHALE's value. The organization is currently undergoing structural modifications to further decentralize its leadership and decision-making processes, with the completion targeted for October 31, 2024. This transition seeks to enhance community autonomy and establish a more distributed governance model. WHALE is acknowledged as the first social token underpinned by an extensive NFT collection, a unique attribute that differentiates it in the competitive crypto market. The community includes prominent figures from the crypto art sector, contributing to its dynamic and influential ecosystem. In the larger context of cryptocurrency, a "whale" denotes an individual or entity that holds a significant amount of cryptocurrency, with the capability to impact market prices and liquidity. WHALE, symbolized by its ticker WHALE, embodies this notion by enabling anyone to become a whale through its token. This democratization of influence is a fundamental principle of WHALE, in alignment with its mission to decentralize and empower its community.

What is the underlying technology of WHALE?

The technology underpinning WHALE (WHALE) represents a sophisticated integration of decentralized leadership, community participation, and asset management. WHALE is built on the Ethereum blockchain, utilizing the ERC20 token standard. This foundation leverages Ethereum's strong security features, including its consensus mechanism currently transitioning from Proof of Work (PoW) to Proof of Stake (PoS). This shift enhances security and scalability, strengthening its defense against malicious activities. A pivotal element of WHALE's technology is its decentralized structure. Central to this is the WHALE Vault, which houses an extensive collection of high-value digital assets, such as NFTs and metaverse real estate. This vault, which has been accumulating assets since 2019, bolsters the WHALE token with substantial backing. The decentralization process, set to be completed by October 31st, 2024, involves forming the WHALE Council and the WHALE DAO (Decentralized Autonomous Organization) under the principle of 1 WHALE = 1 Vote. This voting system counters self-serving and short-term proposals, focusing on the community's long-term interests. The governance model of the WHALE DAO is another critical technological aspect. By publishing charters on-chain, the DAO promotes transparency and accountability. This model enables token holders to engage in decision-making processes, encouraging community involvement and shared responsibility. The decentralized nature of the DAO ensures no single entity wields control over the WHALE ecosystem, minimizing the risk of centralized manipulation or corruption. Security within the Ethereum blockchain is maintained through various mechanisms. A key component is smart contracts—self-executing contracts with terms encoded directly into code. These contracts, immutable and transparent, cannot be altered once deployed, and their operations are visible to all participants. This transparency deters fraudulent activities and ensures all transactions and operations are executed as intended. Beyond its technological framework, WHALE's community plays an essential role. Since its inception on May 18, 2020, the community has included prominent figures in the crypto art scene. This diverse and engaged community supports the ecosystem's growth and stability, offering valuable contributions and backing for various initiatives. The WHALE Vault's collection of NFTs and digital assets is another cornerstone of its technology. These assets not only underpin the value of the WHALE token but also offer community members unique opportunities to engage with and benefit from the expanding digital economy. The Vault's assets are carefully curated and managed to maintain their value and appreciation over time. The Ethereum blockchain's intrinsic features, such as its decentralized nature, smart contract functionality, and robust security measures, provide a strong foundation for WHALE. These attributes, combined with the active participation of the WHALE community and strategic management of the WHALE Vault, create a resilient and dynamic ecosystem. The ongoing decentralization efforts and the establishment of the WHALE DAO further enhance the project's transparency, security, and community involvement.

What are the practical applications of WHALE?

WHALE (WHALE) is a cryptocurrency distinguished by its unique positioning as a social token supported by a substantial collection of NFTs (Non-Fungible Tokens). Introduced on May 18, 2020, as an Ethereum ERC20 token, WHALE's goal is to democratize access to high-value digital assets, enabling anyone to become a "whale" in the crypto sphere. A key real-world application of WHALE is its function as a decentralized community and asset holder. The token is backed by "The Vault," a valuable NFT collection that has been expanding since 2019. This collection comprises digital art and other exclusive digital resources, which fundamentally underpin WHALE's value. By possessing WHALE tokens, individuals achieve indirect ownership of these prized NFTs, broadening accessibility to the digital art market for a wider audience. WHALE also acts as a platform for organizing events and interviews with prominent figures in the crypto and digital art sectors. These events offer educational and networking opportunities for participants, cultivating a sense of community and shared enthusiasm in the ever-evolving domains of digital assets and blockchain technology. A notable feature of WHALE is its employment of a Decentralized Autonomous Organization (DAO) for governance and decision-making. This structure empowers WHALE token holders to influence the community's direction and asset management. Through the DAO, members can propose and vote on initiatives, ensuring representation of the community's interests and that decisions are made in a transparent and democratic manner. Furthermore, WHALE's community includes distinguished individuals in the crypto art arena, enhancing its credibility and influence. This network of influential people and entities can significantly impact market trends and prices, positioning WHALE as a prominent entity in the cryptocurrency ecosystem.

What are the significant events associated with WHALE?

WHALE, an Ethereum ERC20 token, was launched on May 18, 2020. This social token is supported by a curated collection of NFTs stored within The Vault, which has been amassing since 2019. The WHALE community includes notable figures in the crypto art space, underscoring its unique market position. One significant milestone for WHALE was the decentralization of WHALE Members. This event marked a transformative shift in the governance structure, empowering the community and enhancing the token's decentralized nature. The transition was further solidified by moving assets to a multisig wallet, ensuring greater security and collective control over the assets. Crypto whales, entities holding substantial amounts of cryptocurrency, play a crucial role in the market dynamics of major cryptocurrencies like Bitcoin and Ethereum. Their influence extends to altcoins, including WHALE, where their activities can lead to significant market shifts. While concerns exist about potential market manipulation by these whales, tracking their movements can provide valuable insights into market trends. WHALE's foundation on the Ethereum blockchain and its backing by a robust NFT collection highlight its innovative approach in the crypto space. The Vault, which houses the NFT collection, serves as the cornerstone of WHALE's value proposition, attracting a community of prominent individuals in the crypto art world. The decentralization of WHALE Members and the transition to a multisig wallet are key events that exemplify the token's commitment to security and community governance. These steps enhance the token's resilience and reinforce its decentralized ethos, aligning with the broader principles of blockchain technology and cryptocurrencies.

Who are the Founders of WHALE?

WHALE (WHALE) is a groundbreaking social token supported by a leading NFT collection referred to as The Vault, which has been accumulating since 2019. The token’s creation is credited to WhaleShark and the WHALE Council. WhaleShark, a distinguished figure in the crypto art domain, is recognized for his vast NFT collection and substantial influence within the community. The WHALE Council, comprising key contributors and advisors, significantly influences the governance and strategic direction of the token. The community around WHALE features notable personalities from the cryptocurrency and digital art sectors.

Investors interested in WHALE are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.