It has been ten years since the first bitcoin was created by Satoshi Nakamoto, and there have been many predictions that Bitcoin or other cryptos (altcoins) will take over the world. But so far, nothing like that has happened. There is no mass adopiton. If you haven't done so, watch the following short vidoe to find out what's wrong with the current crypto networks.
The Caddo Foundation strives to promote the development and implementation of the next generation crypto network, which should have a balanced supply and demand, reduced price volatility, and can be easily used by ordinary people (not just geeks). Following the white paper by Garth Sun, we are lauching a new project to create an advanced crypto network for a researved backed crypto token, called 'Wampum'.
Wampum beads, which are made of white and purple seashells, were first used as a currency by tribes of native Americans in the Northeastern U.S., and later adopted by the Europeans who traded with them in the 17th century. Wampum when strung together, is also used as decorations, jewelry, and a symbol of authenticity. We love the Wampum story and what it symbolized, so we name our project to create a new type of crypto netwok the 'Digital Wampum' project, and the token itself is called Wampum (WAM).
If you like the idea and want to contribute, here is how to participate.