Wall Street Bets Token (WBS) - a meme token with the potential to go somewhere.
*DISCLAIMER: The author of this post has, since joining, become quite involved with the project and have assisted the team on some marketing efforts for which they have been compensated as a one-off. The author has not been asked to post this.*
Wall Street Bets Token (**WBS** - typo is intentional to avoid any indication of official WSB mod support) is a meme token with governance and NFTs in the pipeline and some actual potential to go somewhere. They are NOT affiliated with the WSB subreddit but do have their permission to use the name and likeness.
ICO launched back in February, but they recently released a pegged and bridged BSC token (**bWBS**) to allow for low-fee trading of the token. The telegram group has 250 members at the time of writing, almost 150 of those joining in the past 24 hours because of the BSC token release.
The team is working on releasing NFTs and setting up a forum for holders to partake in governance of the contract. Several ideas are already being floated, but nothing is concrete yet.
The shorthand:
**SUPPLY**: 1,000,000 fixed, all minted. (That's right, no deflationary DeFi this time!)
**EXCHANGES**: UNISWAP // bridged token on Pancakeswap
**LIQUIDITY**: Locked for no less than 2 years (
https://team.finance/view-coin/0x8D554DB662583d4E3B7d61514da7b79e023aE94d) as an anti-rugpull measure.
**TEAM**: Anonymous front profiles but very active in the Telegram thus far.
**SMART CONTRACT ETH**:
https://etherscan.io/token/0x8D554DB662583d4E3B7d61514da7b79e023aE94d**SMART CONTRACT BSC**:
http://bscscan.com/token/0x9bf701e2a701372bd2b1bc43675e0340dbef555e**WEBSITE**:
http://wbstoken.com/**TG**:
https://t.me/WBSToken**TWITTER**:
https://twitter.com/bets_token**ICO**: Feb 3 2021, BSC on March 14 2021.
The risks:
At the end of the day, WBS is by and large a meme token. Whether it gains traction depends a lot on hype and NFT being successful, but basing it on the WSB community provides some real potential for that. I don't have to tell anyone how they like their diamond hands.
Let me be completely upfront that this token is **not** a sure thing. There is potential for it to go south as there is with almost any new cryptocurrency. However, as someone who usually holds my assets for a very short time, I have decided to take a bet on WBS with all I've seen from them, and I doubt I will regret it.
DYOR. Not financial advice. All that jazz.
