WellSpring – Bridging Blockchain Communities with No Barrier

You may not have heard of WellSpring’s platform, but the WellSpring team has already been successfully helping over twenty Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term projects. This includes projects based in China, Japan, South Korea, and Southeast Asia, helping drive marketing and community building.

Wellspring’s team is now expanding throughout the world and currently covers over fourteen countries in Asia, Europe, and America. What WellSpring is trying to build is an efficient and transparent global blockchain community.

Why is it hard to build a global community?

Language Barrier

English, Chinese, Japanese, and Korean are the main languages that blockchain projects wish to cover. It is important to have frequent and accurate translations of the project announcements and newsletters. However, lacking professional translators and the cultural barrier have made this an arduous task.

Community formation

Managing and expanding the community is vital for blockchain projects. Different communities have distinct social media channels and reading habits, which made it tedious to open accounts and maintain active for each social media platform. Recruiting qualified community managers are costly and time-consuming as well. Unfortunately, it is not easy for investors to make investment decisions as well.

Segmented information

For investors, getting information is the initial and the most important thing when investing in any blockchain projects. A good investment decision depends highly on if investors could obtain real and up-to-date information. While digging comprehensive information costs a lot of time and there's no guarantee that you have not missed the key information.

What WellSpring wants to achieve

WellSpring is building a multi-language community service platform integrating up-to-date and offi-cial information from all the high-quality blockchain projects. By bridging projects and investors, WellSpring would bring more Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and transparency to the crypto market.

The first release of WellSpring platform (v1.0) aims at assisting blockchain projects in global community management including:

• Community formation
• Content creation and distribution
• Bounty programs

The WellSpring app will be released this April, while the future versions will cover more functions such as wallet account creation, market data lookup and digital assets trading.

Is there a token mechanism for the WellSpring platform?

Yes, there is! WELL is the native token on the WellSpring platform and it is created for paying the service fee on the WellSpring platform. WELL will be required for content translation, recruiting community managers and attracting talents to participate in the project's community.

In the future, WELL will be used for cryptocurrency trading and investment rewarding with more functions being added to the platform. WellSpring has positioned itself to become the bridge between blockchain projects and the global communities. Wellspring would like to work with all the blockchain enthusiasts and contribute together to establish a global community with full transparency and efficiency.

For more insights, be sure to check out Wellspring via:

Telegram: @WellSpringofficial

Email: admin@wellspring.vip

About

Spectra Ventures & Advisory is the exclusive investor of Wellspring at the earliest stage. We are blockchain and cryptocurrency consulting company under the Spectra Group. We bring our en-riched experience across industries and countries to practice professional advisory services for clients around the world.

For business consulting and cooperating please check our website at Spectra Ventures & Advisory.

Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.