Jucoin Labs

Hello everyone, welcome to today's AMA co-hosted by Jucoin Labs and JuChain. Special thanks to the WOW team for participating in our event as a guest. It's a pleasure to discuss some hot topics in this critical field with you today.

Alex-WOW

I’m very happy to be here and very excited about this field.

JuChain

Today's session will focus on ten questions. The first five are raised by Jucoin Labs, discussing how WOW makes money and its core products. The last five questions will focus on the cooperation between JuChain and the WOW ecosystem. You can always ask your own questions or participate in the discussion at any time.

Jucoin Labs

Thanks to the JuChain team. As a one-stop blockchain platform, WOW EARN seamlessly integrates DeFi, mining, GameFi and SocialFi. Many listeners are curious about our project - can the WOW team give a brief introduction first?

Alex-WOW

Of course. WOW EARN is an all-in-one Web3 app available for download on iOS and Google Play stores. You can directly download the wallet and app to enter this space. Our slogan is "Explore, Connect, Profit", which specifically refers to the fluid connection of the three spaces. We have developed an ecosystem with multiple products, five of which are our core products.

Alex-WOW

First up is Wow Wallet. This is a non-custodial wallet that supports multi-chain swaps, cross-chain bridging, and seamless asset management, covering global mainstream blockchain networks such as Ethereum, Solana, and BNB. Users can store cryptocurrencies, use our multi-chain swap function for cross-chain transactions, or purchase cryptocurrencies with fiat currency through partners, and we also provide offline functions.

Alex-WOW

Then there is Wow Mining. It is a user-friendly mining tool. Click the "Mining" section in the app, connect your wallet and start mining with one click. No professional skills or complicated equipment are required, it is completely operated on the phone, very simple.

Alex-WOW

Next is our recently launched highlight feature - WOW Chat. This is a secure decentralized communication platform that uses end-to-end encryption technology to allow users to connect with communities, friends and family privately. Unlike traditional platforms, we establish a connection through a unique ID generated by the wallet. No phone number, email or username is required. You only need to set an avatar and nickname and share a QR code to chat. We also plan to add asset transfer functions in the future.

Alex-WOW

Then there is the WOW Explorer Dapp section, which is a curated market that encourages users to access DeFi, GameFi, and Crypto AI Dapps, equivalent to a gateway to Web3. Currently, about 1,000 Dapps have been integrated and are continuously updated.

Alex-WOW

Finally, there is our WOW Chain, a public EVM-compatible Layer 1 blockchain that achieves scalability through an advanced Proof of Participation (PoE) consensus mechanism. All mining transactions are processed through WOW Chain, ensuring transparency and security.

Jucoin Labs

Thank you Alex for your detailed introduction. We know that WOW EARN integrates multiple crypto verticals, but each field already has mature players. How does WOW EARN define its target users? What are its key advantages?

Alex-WOW

WOW EARN is unique in that it integrates multiple functions into one platform. Users do not need to switch between multiple platforms, and all Web3 needs (transactions, storage, social networking, etc.) can be completed in one stop. The design focuses on user experience, and both novice and experienced users can easily get started. In addition, we adhere to the principle of privacy first and use technologies such as non-custodial wallets and audited smart contracts to ensure security.

Jucoin Labs

WOW EARN is currently conducting a mining activity. How can users participate? What rewards can they get? What are the specific rules?

Alex-WOW

We have multiple mining events every day. The recently completed airdrop event attracted more than 1 million participants. The pre-sale will start soon, and users can buy tokens at a discount through Launchpad and get additional rewards when buying. The specific rules and dates will be announced through social media, so stay tuned.

Jucoin Labs

As a "gateway" for users to enter the crypto world, does WOW EARN have plans to attract Web2 users through offline activities or strategies?

Alex-WOW

Yes, we have held many offline events around the world, including large exhibitions in Hong Kong, Dubai, Singapore, etc. Through these events, we can expand the brand influence and attract more users to understand and use WOW Earn.

Jucoin Labs

What is the core utility of $WOW tokens? What benefits can holders get?

Alex-WOW

$WOW tokens are used for in-app transactions (payments will be supported in the future), mining rewards, gas fees, and play an important role in the ecosystem. Trading functions will also be launched in the future, making it a multi-functional utility token.

JuChain

WOW EARN uses the PoE (Proof of Engagement) consensus mechanism. Can you explain how it works? What are the advantages compared to traditional consensus models (such as PoW/PoS)? Why choose PoE?

Alex-WOW

PoE is based on user participation and maintains network security by incentivizing community activity. Compared with traditional consensus, PoE pays more attention to transparency and traceability of user behavior. All task completion is recorded on the blockchain to ensure fairness.

JuChain

JuChain focuses on blockchain infrastructure and cross-chain interactions. How will the two sides complement each other? Are there any specific integration plans?

Alex-WOW

We have co-developed Valve Bridge in the Hackathon hosted by JuChain, and realized the cross-chain transfer of assets between BSC and WOW Chain and JuChain. In the future, we plan to deepen cooperation in smart contracts, asset interoperability, and other aspects to jointly expand the ecosystem.

JuChain

WOW EARN is based on PoE, while JuChain may adopt other consensus mechanisms. Have you considered integrating PoE into the JuChain ecosystem? How to enhance user participation?

Alex-WOW

The scalability of blockchain requires the support of advanced protocols. In the future, when developing WOW Chain, we will actively explore the combination with other technologies (including PoE) to achieve a more efficient and secure ecosystem.

JuChain

WOW EARN Wallet already supports multi-chain asset management, and JuChain is also researching cross-chain interactions. Are you considering making WOW Wallet compatible with JuChain? Or deploying features in JuChain to achieve smoother cross-chain transfers?

Alex-WOW

We attach great importance to our cooperation with JuChain. In the future, we plan to integrate JuChain into the ecosystem, support its Dapps and tokens, and explore cross-chain solutions to provide users with a seamless experience.

JuChain

JuChain is building a developer ecosystem to encourage more projects to develop on its chain. As a Hackathon winning project, does WOW EARN have plans to conduct secondary development on JuChain? For example, deploying functions or deepening cooperation?

Alex-WOW

We are committed to establishing long-term strategic cooperation with our partners. We have accumulated rich experience in multiple blockchains and projects. In the future, we will explore the possibility of in-depth cooperation with the JuChain developer community based on community needs and technological development.

JuChain

Thanks to Alex and the WOW team for sharing. We look forward to more cooperation with WOW Earn. This AMA gave everyone a deeper understanding of WOW's products and vision. Thanks to the audience and speakers, see you next time!

Alex-WOW

Thank you for participating! Please follow our social media for the latest updates. WOW Token will be launched soon, and there will be more profit and investment opportunities in the future. Let us work together to create a better Web3 ecosystem! Goodbye!