A blockchain-based advertising data exchange, powered by the WOLK token. Created by experts and data scientists with decades experience in digital advertising and performance-based marketing.
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.
28.08.2017 — 28.09.2017
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 "Wolk Ecosystem Development Fund," which will support data supplier onboarding and data buyer onboarding by Wolk Inc.
Wolk will issue and distribute a minimum of 50 million WOLK and a maximum of 500 million WOLK through the Token Generation Event. The exact number of WOLK issued and distributed during the Token Generation event will be determined by the amount purchased. Each WOLK will initially be priced at .001 Ethereum. Each time WOLK are transferred from a buyer to a seller of data, up to 10% of the WOLK involved in the transfer will be destroyed, or "burnt."