Cold Wallet, a new cryptocurrency wallet, has raised over $5.7 million in just a few weeks. This article examines how it works and what it offers to its users.
How Cold Wallet Aims to Change Wallet Use
Most crypto wallets simply store digital assets, whereas Cold Wallet offers a new approach by rewarding users for active actions such as sending funds and swapping coins. Each action earns users CWT tokens, which is a unique feature of this wallet.
The Role of CWT Token in the Cold Wallet Ecosystem
CWT is the token of the Cold Wallet ecosystem, used to facilitate various features, including rewards and cashback programs. The token distribution model allocates 40% of the total 10 billion tokens to the presale, while the remaining tokens are directed towards liquidity, partnerships, and user rewards. This creates a sustainable framework that fosters user engagement and growth.
What the Cold Wallet Presale Means for Early Buyers
The CWT presale started at $0.007 and is currently priced at $0.00942 at stage 16. The expected launch value of the token is $0.3517. This creates opportunities for investors to profit upon launch. The presale is open to all, which also aids in attracting a larger user base.
Cold Wallet offers a new approach to engaging with cryptocurrencies by providing rewards instead of traditional fees. Its successful presale and growing user base may indicate a positive reception in the market.