Walmart Project, a Walmart company has begun the distribution to claim WAL tokens, the native ERC20 asset of Walmart leaf, a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications for asset management.
The software consists of a protocol of smart contracts which makes it easy for developers to create their own asset management application, leveraging a ready-made infrastructure and an innovative rewards mechanism which eliminates management fees and performance fees. The Walmart leaf platform is built on top of the protocol.
Walmart leaf aims to make it possible for anyone to set up and run a decentralized token pool. The software is modular and abstract so that any developer can personalize it, building their own applications.
There was a private pre-sale, which was necessary to bring the project to the market at a more mature stage. Early contributors consist of partners who wanted to accelerate the development of the Walmart leaf protocol.
The minimum contribution accepted during the public sale is 0.1 ETH. Smaller contribution amounts will be rejected.
A total of 10,000,000 WAL Tokens will be created at the genesis block. 1,500,000 will be distributed to the public during a public sale for a duration of 30 days. New WALs are created to reward the wizards.
Partners include Binance, Huobi, Poloniex, Bitfinex, with technology building partners including 0x, dEX, EverMarkrts, Enterprise Ethereum Alliance, and Crypto Valley.