In a world where traditional financial systems are increasingly viewed as outdated, Weld Money emerges as a beacon of innovation, bridging the gap between digital assets and everyday transactions. Founded by visionaries Alexey Meretskiy, Alexey Bobok, and Iryna Lorens, Weld Money presents a seamless payment solution that integrates cryptocurrencies with minimal fees for daily expenses. The centerpiece of this modern fintech revolution is the Weld card, enabling users to pay with stablecoins via Apple/Google Pay, manage digital assets, and enjoy various incentives. As Weld Money paves the way for a post-fiat era, its emphasis on transparency and efficiency is redefining the future of finance. Dive into the full article to discover how Weld is transforming the financial landscape.

The Vision Behind Weld Money

Weld Money is a modern fintech project already creating a revolution in finance and payments today. The project implements a payment solution for recurring daily expenses with minimal fees backed by any crypto wallet.

The Problem with Traditional Finance

It is obvious today that the traditional financial system is entirely obsolete. Cryptocurrencies, digital assets considered modern, are not used in everyday life due to a number of problems users face, such as high commissions and complex verifications. The key to solving this problem was the concept of Weld Money, developed by Alexey Meretskiy, Alexey Bobok, and Iryna Lorens.

The Solution: Weld Money

The global goal of Weld Money is to connect the world of cryptocurrencies with the world of traditional fiat finance. Weld Money acts as a transparent bridge between these two worlds. This became possible thanks to the product Weld Money - the Weld card.

Features and Benefits of the Weld Card

The indisputable advantages of the Weld card include:

• Payment with Stablecoins: Users can make payments at all points of sale using Apple/Google Pay.
• Online Store Payments: The ability to use crypto assets when paying in online stores.
• Balance Control: Manage all digital assets in one mobile application or website account, including NFTs, donations, and other next-generation digital assets.
• Cashback Program: Earn cashback on purchases.
• Bank Choice: The ability to choose a bank in different jurisdictions for opening an account.
• Minimal Fees: Enjoy minimal fees for payments.
• Investor Benefits: Additional benefits for investors in the WELD token.

Deregulation and decentralization are what really drive user engagement and continued growth. Weld Money today is a modern digital payment provider for the post-fiat era.

Tokenomics and Market Data

Current Market Data

• Current Price: $0.0069
• Market Cap: $0.00
• 24h Price Change: -4.11%
• 7d Price Change: -24.20%
• 30d Price Change: 14.85%
• 24h High: $0.0072
• 24h Low: $0.0068
• All-Time High: $0.3717 (2021-10-03)
• All-Time Low: $0.0029 (2023-01-02)
• Circulating Supply: 0.00
• Total Supply: 250,000,000.00

Tokenomics and Distribution Model

The tokenomics of WELD Coin refers to the economic model and distribution of the token, including factors such as token utility, supply, distribution, and incentive mechanisms. Tokenomics is crucial for understanding a token's long-term viability and its potential investment value.

Total Supply and Distribution

The total supply of WELD tokens is strictly limited to 250 million tokens, which will never be increased. The token distribution is as follows:

• IDO on ZENDIT: 20% of the tokens are locked initially, with a vesting period of 4 months, releasing 20% per month.
• Pre-Sale Round: 10% of the tokens are locked initially, with a vesting period of 12 months, releasing 7.5% per month.
• Team and Investors: The exact percentage allocated to the team and investors is not specified in the provided sources.
• Community: The remaining tokens are allocated to the community, but the specific percentage is not mentioned.

Deflationary Model

The WELD token has a deflationary model, meaning that the token supply decreases over time. This is achieved by forwarding 10% of the profit from all card payments to the monthly "buy back" of WELD tokens from the market. The bought tokens are then sent to the treasury, which is used for dealing with consumer grievance issues.

Utility of the WELD Token

The WELD crypto token serves as a utility token for the WELD mobile app, offering various benefits and rewards to its holders. It addresses the problem of limited access to advanced financial services and rewards in the global payment market, aiming to attract and retain users by providing a token that offers value beyond its transactional use.

Key Benefits

• Cashback: Earn cashback on purchases.
• Leveling Up Cards: Unlock new features by leveling up cards.
• NFT Skins: Buy and set unique digital NFT skins to Weld cards.
• Reduced Fees: Enjoy reduced processing fees.
• Higher Limits: Increase daily and monthly limits on expenses.
• Staking Rewards: Stake tokens to earn rewards.
• Free Plastic Card: Receive a standard plastic Weld card for free, while regular users have to pay $100 for the Premium Weld card with a $20 monthly maintenance fee.
• Additional Services: Access additional ecosystem services, such as insurance programs, credit offers, and special deposit rates in various digital currencies.

The Team Behind Weld Money

The WELD crypto token is developed by the Weld Money team, a group of experienced professionals in the fintech and blockchain industries. Here are some of the core team members and their qualifications:

Core Team Members

• Alexey Meretskiy: Co-Founder & CEO, an experienced entrepreneur with a strong background in the financial industry, having founded and managed successful companies in the fields of insurance, leasing, and lending.
• Alexey Bobok: Co-Founder, has built a national-scale financial business with a large customer base and owns several businesses, including an international payment company.
• Iryna Lorens: Co-Founder & CBDO, has extensive experience in the cryptocurrency industry and has been involved in launching cryptocurrency startups.

Advisors and Partners

• Marcello Mari: Adviser, a recognized global expert on exponential technologies and the CEO of SingularityDAO.
• Wave Financial: A US-based crypto investment adviser.
• iCapital Network: A tech platform backed by Singapore’s Temasek and Blackstone.
• UBS: A Swiss multinational investment bank and financial services company.
• Fladgate: A London-based law firm.
• Carey Olsen: A global offshore law firm.

Weld Money has also been recognized as one of the 100 Europe's Top Blockchain Startups of