BSCLaunch Research: White Hat Dao

BSClaunch Official
5 min readDec 1, 2023

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KEY METRICS

  • Category: Web3, DAO, SocialFi, Super Dapp, SAFU
  • Ticker: $WHDT
  • Blockchain Network: Ethereum
  • Token Supply: 100,000,000 Tokens
  • Project Valuation: 6,000,000 USD
  • Initial Token Circulation: 8,220,000 Tokens
  • Initial Market Cap: 493,200 USD
  • Total Raise: 2,840,000 USD

A. INTRODUCTION

1. PROJECT OVERVIEW

White Hat DAO is a valuable resource for individuals looking to conduct their own research on blockchain projects more effectively and efficiently. The platform compiles various data points and metrics for onboarded projects, helping users make more informed decisions.

Socials

Twitter: https://twitter.com/White_Hat_DAO

TG: https://t.me/whitehatdao

Website: https://whitehatdao.com ( Ongoing Update )

Discord: http://discord.gg/sHbRMxev3p

Linkedin: https://www.linkedin.com/company/white-hat-dao

DeWork: https://app.dework.xyz/white-hat-dao-1

B. PRODUCT DETAILS

1. PRODUCT VIABILITY

# Parcel.money — https://Parcel.money
# Co4rena — Auditing / Web3 Safety
# Immunifi — Auditing / Web3 Safety / Bug Bounty

2. TECHNOLOGY

# Gasless Transaction — ETH network has highest gas fees among all networks. However, the WHDT token may be traded on Defi without gas fees. Thus making it easy for everyone to participate.

Deflationary System — 0.1% to 0.5% token may be burnt on every trade. This will push the price up automatically as more transactions take place. Burnt token will be deducted live from the total supply as the transaction happens.

# Voting Power — WHDT is a governance token. The protocol will be governed by token holders’ vote. Any token holder can propose proposals and the community gets to vote with their token to voice their opinion.

3. PRODUCT DIVE

# Web3 E-Commerce Platform — WHDT can be used to directly purchase real life services such as ( entertainment cards, loyalty cards, shopping cards, gift cards, food & travel etc. ). This will provide extra value to the WHDT demand ( 5% charges apply on every purchase )

# Liquidity Providers Incentives — Liquidity provider (LP) earns yield through trading fees paid by swap users. LPs will receive 100% of all trading fees, which will range from 0.1% to 0.5%. Note that LPs have exposure to every asset in the pool they provide liquidity for. LP providers will also receive a liquidity mining reward of 50% to 100% APR in WHDT.

# Security Audits / Safety Rating — We provide a safety score for each project based on various factors, such as code security and potential risks and vulnerabilities. This rating can be helpful for users when evaluating the trustworthiness of a project.

# WHD Index — This feature will provide exposure to digital assets via smart contract that can automatically rebalance its positions and continuously will manage liquidity assets as the market changes. This collateralized basket of tokens ( 15 to 20 different best performing tokens on the market ) is packaged by smart contracts and is exchangeable as a single token. This will continuously positively contribute to the value of the WHDT token. All fees & value gets generated 100% of it goes to the liquidity.

If you want to have a better understanding about WHD Product Dive, please via this link and enjoy! https://github.com/WhiteHatDAO/Deck/blob/main/WHD%20Deck.pdf

4. PROJECT ROADMAP

Q1 Roadmap

  • DAO ideation and Constitution — Completed.
  • Legal Framework — Completed.
  • Governance Token Launch
  • WHD Platform and Safety Rating app
  • Development of safety analysts & educational Program.

Q2 Roadmap

  • E-Commerce web3 platform ( Global Gift Cards marketplace )
  • Decentralized Sybil Resistant verification system
  • Deployment of WHD Index
  • Governance App Development

Q3 Roadmap

  • Decentralized Community Forum.
  • Safety Rating, API creation
  • New Partnerships / promotions
  • Continuous Advertising / marketing program

5. REVENUE STREAMS

# WHD Index — This feature will provide exposure to digital assets via smart contract that can automatically rebalance its positions and continuously will manage liquidity assets as the market changes. This collateralized basket of tokens ( 15 to 20 different best performing tokens on the market ) is packaged by smart contracts and is exchangeable as a single token. This will continuously positively contribute to the value of the WHDT token. All fees & value gets generated 100% of it goes to the liquidity.

# Safety Rating, API — Our API will be productised once it gets live.

# Web3 E-Commerce Platform — WHDT can be used to directly purchase real life services such as ( entertainment cards, loyalty cards, shopping cards, gift cards, food & travel etc. ). This will provide extra value to the WHDT demand ( 5% charges apply on every purchase )

C. TOKEN ECONOMY

You can get detail information here

1. TOKEN UTILITIES

# Web3 E-Commerce Platform — WHDT can be used to directly purchase real life services such as ( entertainment cards, loyalty cards, shopping cards, gift cards, food & travel etc. ). This will provide extra value to the WHDT demand ( 5% charges apply on every purchase )

# Voting Power — $WHDT is a governance token. The protocol will be governed by token holders’ vote. Any token holder can propose proposals and the community gets to vote with their token to voice their opinion.

# Gasless Transaction — ETH network has highest gas fees among all networks. However, the WHDT token may be traded on Defi without gas fees. Thus making it easy for everyone to participate.

2. FUNDRAISING STATUS

Pre-Seed Sale

Fundraised: 440,000 USD

Price: 0.04 USD

Lock-up: 2% TGE, 4 month cliff, linear 20 months

Seed Sale

Fundraised: 400,000 USD

Price: 0.04 USD

Lock-up: 3% TGE, 3 month cliff, linear 18 months

Kol Sale

Fundraised: 200,000 USD

Price: 0.05 USD

Lock-up: 5% TGE, 2 month cliff, linear 15 months

Public Sale

Fundraised: 1,800,000 USD

Price: 0.06 USD

Lock-up: 25% TGE Then 25% per month for 3 months

3. TOKEN DISTRIBUTION

4. TOKEN RELEASE SCHEDULE

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BSClaunch Official

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