Websea Launches Popular Tokens

Dear Users,

Websea will launch new popular tokens on December 1, 2023 (GMT+8) to meet the demands of our traders. The following trading pairs will be available:

Spot Trading Pairs: CSAS/USDT, RARE/USDT, AUCTION/USDT, FET/USDT, GROK/USDT, CGPT/USDT, AGI/USDT

Deposit Opening Time: December 1, 16:00 (GMT+8)

Trading Opening Time: December 1, 17:00 (GMT+8)

Withdrawal Opening Time: December 1, 18:00 (GMT+8)

1. CSAS (Comsats) — BRC20

$CSAS is a fungible token deployed on the BRC-20 standard with a 100% fair minting supply. The Comsats token will serve as the utility token on the Comsats platform.

- Token Name: CSAS

- Name: Comsats

- Circulating Supply: 1,000,000,000

- Total Supply: 1,000,000,000

2. RARE (SuperRare) — ERC20

SuperRare is a premier NFT platform, boasting almost $250M of digital art collected and $3M in artist royalties paid to date. SuperRare emerged from its 1.0 version, where the core team hand-picked and approved artists to mint their works on a shared smart contract as SuperRare NFTs. SuperRare 2.0 changed that by introducing web-scale curation, independently running storefronts on the platform, and sovereign minting contracts for the artists to mint, promote, and sell their works directly to collectors.

By embarking on this path of progressive decentralization, SuperRare shifted ownership and governance of the network to the community. SuperRare 2.0 is a DAO, a decentralized organization that oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol.

- Token Name: RARE

- Name: SuperRare

- Circulating Supply: 332,910,546

- Total Supply: 1,000,000,000

3. Auction (Bounce Token) — ERC20

AUCTION is derived from BOT coins at a 1:100 ratio (every 1 BOT is exchanged for 100 AUCTION).

Bounce is a decentralized token exchange platform built on Ethereum and Binance Smart Chain. The platform allows users to create token exchange pools with fixed or dynamic exchange rates.

BOT, the native functional token of the platform, is used for the following purposes:

- Liquidity Mining: BOT is distributed daily to users who successfully execute token transactions.

- Governance: Users can stake BOT tokens to participate in governance voting. Voters receive BOT token rewards daily.

- Transaction Fee Dividends: 0.20% of all transaction amounts is taken as a fee and distributed to BOT token stakers.

- On the Bounce platform, a token exchange is successful if the cumulative ETH/BNB deposits in a specific exchange pool are less than or equal to the bounce level (i.e., the maximum amount of ETH/BNB that is accepted). All other assets deposited are returned and sent back to the sender's address.

- Two types of exchange pools can be established on the platform:

    1. Fixed Rate Exchange： The exchange rate between the pool creator's tokens and ETH/BNB remains constant. Users receive the exchanged tokens once their deposit is confirmed. If the accumulated ETH/BNB amount does not reach the bounce level by the end of the time, unexchanged tokens are sent back to the creator of the exchange pool.

    2. Dynamic Rate Exchange: The exchange rate is based on the number of the pool creator's tokens and the ETH/BNB in the pool. If the accumulated ETH/BNB amount does not reach the bounce level by the end of the time, all of the creator's tokens are exchanged for the accumulated assets in the pool, and no tokens are returned to the creator.

- Token Name: Auction

- Name: Bounce Token

- Circulating Supply: 2,083,956

- Total Supply: 50,000,000

4. FET (Fetch.AI) — ERC20/BEP20

Fetch.AI combines machine learning (ML), artificial intelligence (AI), multi-agent systems, and decentralized ledger technology to build an economic internet. Its digital representatives of economic activity components (like data, hardware, services, people, and infrastructure) can perform tasks efficiently, guided by tangible insights and predictions. Fetch is dedicated to popularizing autonomous systems in all markets. Currently, market autonomy requires significant human and physical resources, while automated economic transactions facilitate smooth, efficient market operations. Fetch envisions each individual having multiple economic agents on its platform, working in parallel or in series, to devise solutions for today's and future complex problems, outperforming human-made counterparts.

Fetch tokens are divisible, quantified tokens used as digital currency for transactions or secure communications within the Fetch.AI network. Additionally, nodes and agents must stake a certain number of tokens to qualify for specific operations.（serving as a security mechanism against malicious activities.）

- Token Name: FET

- Name: Fetch.AI

- Circulating Supply: 818,912,300

- Total Supply: 50,000,000

5. GROK — ERC20

Recently, Elon Musk's AI startup, xAI, has been developing its version of ChatGPT named GROK. This conversational AI model, equipped with internet browsing capabilities, can answer questions and engage in discussions, similar to other text-generation models like ChatGPT and Meta's Llama 2. GROK utilizes a knowledge base to provide responses and can search the internet for the latest information on various topics.

- Token Name: GROK

- Name: GROK

- Circulating Supply: 6,596,450,568.16

- Total Supply: 6,900,000,000

6. CGPT (ChainGPT) — ERC20/BEP20

ChainGPT is an advanced artificial intelligence model designed to assist with cryptocurrency and blockchain needs, coding contracts, explaining concepts, answering questions, and analyzing markets.

- Token Name: CGPT

- Name: ChainGPT

- Circulating Supply: 85,061,251

- Total Supply: 1,000,000,000

7. AGI (Delysium) — ERC20/BEP20

Delysium is dedicated to building a virtual world on the blockchain where one billion people and 100 billion AI virtual beings coexist. These virtual beings can be our digital avatars, companions, and non-player characters (NPCs); they navigate through various scenarios within the Delysium ecosystem, including games, communities, media platforms, and more.

- Token Name: AGI

- Name: Delysium

- Circulating Supply: 56,760,747.32

- Total Supply: 3,000,000,000

Websea Team

December 1, 2023

Risk Warning: Digital asset prices are highly volatile. The value of your investment may fluctuate or even lose the investment amount. You are solely responsible for your investment decisions, and Websea is not liable for any potential losses. Past performance does not guarantee future results. You should only invest in products you are familiar with and understand the associated risks. Please carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investments. This document should not be considered as financial advice. For more details, please refer to the "Websea Risk Disclosure & Disclaimer."