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This Indonesian crypto project aims to fight poverty: WSPP Breakdown

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Indonesian crypto project WSPP – Wolf Safe Poor People – is a poverty reduction based platform that launched in May 2021 on the Binance Smart Chain. The small project has garnered 157,699 holders so far, and is the first currency with a program and strategy to reduce world poverty. There are several ways that WSPP are currently implementing their poverty reduction strategy:

1. Providing jobs, education, assistance, and general needs directly to the poor using the majority network earnings to pay for it.

2. Collaboration with other companies doing their part in charity work and using the blockchain to show that 100% of donations are spent on their intended purposes.

3. Frequent blockchain, Web3.0, and crypto related seminars and programs to bring people of all ages into the space.

4. Covering costs for people in poverty using blockchain technologies and providing finances so they’re able to learn and be involved in crypto risk-free.

What the Wolf offers

WSPP offers a variety of utilities. Staking is available for WSPP coin, farming opportunities, Smart Contract building, as well as a metaverse creationary platform Wolfible.

Pros

  • The token has a locked base pricemeaning there is a certain threshold that will always be maintained.

  • Thoroughly tested and proved as a sustainable project (successful inspections were carried out by Solidity Finance, EggChain, and Certik).

  • Easy-to-learn tools and navigation.

  • Each time you use WSPP, you’re 100% contributing to the aid of less-fortunate people.

  • Is Multi-chain and usable on all large ecosystems and platforms.

Cons

  • The name’s meaning is very confusing at first glance.

  • The team lacks fluent English speakers as of right now. This is something almost essential to reach a global audience.

  • Very early phases.. this project currently sits at a $720K USD market cap.

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