DiveWallet Token (DWT) is shaking up the cryptocurrency wallet landscape with its goal to create an all-inclusive, cross-chain mobile wallet on the Binance Smart Chain. DiveWallet is designed to tackle the steep learning curve and security issues that plague crypto users, providing an intuitive, secure platform to manage crypto assets. At its core, DiveWallet aims to keep assets safe from malicious dApps and scams while simplifying the user experience. A 15% transaction tax ensures that 13% is reflected back in BUSD to holders and 2% enhances liquidity. DiveWallet isn't just another wallet; it's a comprehensive, future-proof solution anticipated to launch in Q3 2022 and continuously evolve with user-centric updates.

Purpose and Utility of DiveWallet Token (DWT)

The DiveWallet Token (DWT) is a crypto token that interacts with different blockchain platforms, providing versatility and adaptability. The primary purpose of DWT is to create a financial ecosystem around the DiveWallet platform, which is a next-gen crypto asset manager with innovative features.

Addressing Key Problems

DiveWallet aims to address several problems and provide specific use cases for its users:

1. Security: DiveWallet provides banner alerts when connected to any web3 address, ensuring users are aware of potential breaches or malicious dApps.
2. User Interface: DiveWallet offers a simple and effective user interface, making it easy for both new and experienced traders to manage their cryptocurrency assets.
3. Multi-chain Support: DiveWallet supports multiple blockchains, including Ethereum, BSC, Bitcoin, Polygon, Solana, MAXX, and more, allowing users to manage all their favorite tokens in one place.
4. Decentralization: DiveWallet is a completely decentralized, non-custodial wallet, ensuring user data is secure from data breaches and attacks.
5. Passive Income: DWT allows the DiveWallet team to pay substantial passive income to supporters, with a 13% BUSD reward going directly back to holders.
6. NFT Benefits: Holders of DiveWallet NFTs gain access to additional benefits, such as an additional 1% in reflections and an additional 3% APR when staking $DWT.

In summary, the DiveWallet Token aims to provide a secure, user-friendly, and versatile solution for managing cryptocurrency assets, while also offering passive income opportunities and additional benefits for NFT holders.

Tokenomics and Distribution Model

The DiveWallet Token (DWT) has a total token supply of 1,000,000,000,000,000 tokens, with 698,050,000,000,000 DWT in circulation. The tokenomics and distribution model of DWT includes the following:

Transaction Tax

DWT has a 15% transaction tax, with 13% going towards BUSD reflections to holders and 2% to liquidity to help increase the price stability over time.

Initial Supply Allocation

DWT's initial supply is 1,000,000,000,000,000 tokens, with the following allocation: - 29% allocated to the 500 BNB presale - 2.5% allocated to staking reserves - 30% burned - 22% to liquidity - 6.5% to development - 10% to the private sale

Liquidity

Of the 500 BNB raised from 263 contributors during the presale, 90% of it went directly to liquidity, over 20% more than the average presale. The liquidity is locked for a year through Pinksale to help demonstrate security and ease the holders.

Token Burning

Token burning is a strategy where a certain number of tokens are intentionally removed or "burned" from circulation, reducing the total supply. In the case of DWT, 30% of the initial supply was burned.

Token Utility

DWT is the Binance Smart Chain based token to support an all-inclusive, fully functional, cross-chain mobile wallet designed to keep users' crypto assets safe and secure from malicious web3 dApps and scams. The wallet aims to provide a user-friendly experience while ensuring maximum security against potential threats.

Unique Features and Benefits

The wallet includes several innovative features that set it apart from other tokens. These include:

1. Web3 Alerts: Banner alerts when your wallet is connected to any web3 address, helping users avoid potential breaches or malicious dApps.
2. Intuitive UI: A simple, yet effective user interface that makes it easy for both new and experienced traders to manage their cryptocurrency assets.
3. Multi-chain Support: DiveWallet supports various blockchains, including Ethereum, BSC, Bitcoin, Polygon, Solana, MAXX, and more, allowing users to manage all their favorite tokens in one place.
4. Truly Decentralized: DiveWallet does not collect any user information, ensuring complete decentralization and security from data breaches and attacks.

DiveWallet also offers a DWT token that allows users to create a financial ecosystem around the wallet and rewards substantial passive income to supporters. The DiveWallet NFTs, known as the "Diver's Club by DiveWallet," offer additional benefits, such as access to an additional 1% in reflections and an additional 3% APR when staking $DWT.

Team Behind DiveWallet Token

The DiveWallet Token crypto token is backed by a team of experienced professionals in the blockchain and financial industries. The core team members of DiveWallet include:

1. CEO/Co-Founder: Gavin (Apec)
2. Community Manager: Jay (nohat)
3. CCO/Outreach: Jeremy (SoberIrishman)
4. CBO/Graphic Design: Jake (IrishGrandmaHands)
5. Operations/Legal Liaison: Andrew (DrecMoo)

The team has over 10 combined years of experience in cryptocurrency and plans to use their expertise to create a cutting-edge wallet to help make the crypto ecosystem better off. The team has demonstrated their commitment to the project by allocating the total supply of the coin into various categories, including burning operations, pre-sale, liquidity, private sale, and development fund and team wallets.

Security and Practicality

The team has also shown their dedication to security and practicality by dividing their work into four stages, with the first stage including the whitepaper and website launch, development operations, and private sale. The team is working on a series of Pro features, which require owning at least 500 million DiveWallet tokens to access.

Contract and KYC Audit

The team has also demonstrated their commitment to the project by obtaining a contract audit through InterFi and planning to obtain a KYC audit as well.

Market Data

Coin Statistics

• Current Price: $0.0064
• Market Cap: $0.00
• 24h Price Change: 3.38%
• 7d Price Change: 63.42%
• 30d Price Change: 63.42%
• 24h High: $0.0064
• 24h Low: $0.0062
• All-Time High: $0.0069 (2023