What is WOLK
The Wolk Protocol supports decentralized data exchange using decentralized virtual currency keyed in by IDs, enabling data buyers and data sellers to exchange information about IDs such as mobile device IDs, emails and phone numbers. Wolk APIs use a new Ethereum-based token called “WOLK”. In the Wolk Protocol, data buyers spend WOLK tokens to acquire data about specific IDs via APIs and data suppliers earn WOLK for data delivered to buyers using those APIs.
Details
Public sales: Aug 28, 2017 – Oct 09, 2017
Raised: 11,500,000 USD
Legal
Blockchain Platform: Ethereum
Office address: 2929 Campus Drive Suite 101 San Mateo CA 94403
Token info
Ticker: WOLK
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 WOLK = 0.3 USD
Token price in ETH: 1000 WLK = 1 ETH
Accepted currencies: ETH
Token distribution:
Wolk will use the proceeds (net of federal and state taxes) for the following purposes: 20% supports liquidity of WOLK directly via purchaseWolk and sellWolk functions in the token contract, which increases and decreases this reserve programmatically 40% will support Wolk Inc.’s engineering, marketing, business development and other operations 40% will support a
