The new meme token has attracted $350,000 in investments.

Ritu13

April 25, 2024 - The mysterious presale of the latest intriguing meme token in the cryptocurrency space, WienerAI ($WAI), has attracted over $350,000 in investments within the first two weeks, with investors scrambling to acquire tokenized shares of Ethereum's new network sausage dog.

WienerAI brings to mind another successful token - the meme token and artificial intelligence safety token Scotty the AI ($SCOTTY), which raised nearly $10 million in its recent presale.

Combining two hot fields, both $WAI and $SCOTTY offer investors the promise of a new generation of tokens that not only provide more fun than regular AI tokens but also more utility than typical meme tokens.

Interestingly, WienerAI's artificial intelligence utility is currently kept confidential by its team, but there are some clues. The main narrative surrounding the project includes eye-catching staking rewards, currently offering an annual return of 1876%, as well as audited and intriguing community-building storylines.

WienerAI is the only sausage/dog/artificial intelligence hybrid
Firstly, investors might not have heard of such an origin story before. Like its predecessor Scotty the AI, WienerAI comes with a complete backstory that captures people's imagination.

Wiener was born in the new Silicon Valley laboratory in 2132. His creator was a mad dog-loving scientist known as "the Architect," whose lifelong mission was to create an advanced hybrid of artificial intelligence and canines.

In fact, he succeeded, albeit with a small caveat. While "the Architect" was conducting gene fusion experiments, he happened to be eating sausages. The unintended result was WienerAI, a creature made up of puppies, artificial intelligence, and sausages.

Now, the whitepaper mentions "companionship" and "friendship" as key aspects of Wiener's foundation. It also references the "Sausage Legion," a cute moniker for the countless followers Wiener hopes to attract, thus hinting at a strong social component.

He's not the first crypto dog with a legion, but he might be the best.

WienerAI aims to be a dominant force in the cryptocurrency dog space
The world's first and most popular dog coin, Dogecoin ($DOGE), also has a legion: the self-proclaimed "Dog Army." But Wiener's goal is to attract a broader community, and he has a decent battle cry to help rally his sausage forces.

However, Dogecoin is already a tired little dog. Launched in 2013, it has its own blockchain, which is a derivative of Bitcoin. Dogecoin employs a Proof-of-Work (PoW) consensus mechanism, meaning miners with the most hash power and/or computational ability receive the most DOGE.

In today's climate of rising temperatures and increasingly stringent international climate goals, PoW is becoming a worrying issue for more responsible investors.

WienerAI's native chain Ethereum employs a Proof-of-Stake (PoS) consensus mechanism, where miners staking the most ETH receive the most rewards. This is over 99% more energy-efficient than Bitcoin and Dogecoin.

Secondly, with scandals and liquidity crises frequently plaguing the industry over the past two years, WienerAI offers security with appropriate audits. WienerAI smart contracts have been audited by Coinsult, a blockchain security platform that conducts cryptocurrency and blockchain platform security checks. This adds confidence to investors in WienerAI. Lastly, there are daily staking rewards. 20% of the $WAI supply is allocated for staking. Buyers can stake during the presale period, and they are actually encouraged to do so on the website to take advantage of the currently offered high annualized staking reward of up to 1876%.

Yamini003

This investment is also substantial.

Kalkin995

That has attracted quite significant investors.