Black Panther Themed Cryptocurrency Goes Viral, But Is It Trustworthy?

As cryptocurrency surges in recognition, evidently many wish to use a little bit of the hype behind certainly one of Marvel’s largest properties to offer them an edge. That is what Wakanda Inu is making an attempt to do proper now, utilizing themes and imagery harking back to Black Panther even utilizing “Wakanda Ceaselessly” as a slogan.

With a latest Squid Recreation cryptocurrency turning out to be a scam, many have been extremely cautious of making an attempt to put money into one other “meme” styled cryptocurrency. Nonetheless, at this time Wakanda Inu started to pattern on social media as the corporate claiming to have over 27k pockets holders simply 4 days after launch gained much more steam on-line.

However the true query is that if the brand new coin is even secure to put money into in any respect.

The Issues With Wakanda Inu

The official website for the cryptocurrency incorporates surprisingly little data on the challenge. Of their Panther Phrases PDF, they use obscure phrases to explain the challenge as follows.

“Wakanda Inu is a neighborhood meme challenge solid from the deep and heat consciousness of humanity. Wakanda Inu (WKD), the digital meme token that represents the every day struggles and aspirations of one of the best facets of what it means to be alive – actually alive as a neighborhood.

Basking within the glory of the Ubuntu spirit, we current to you Wakanda Inu, the African canine, solid and baptized by the spirit of One Group. WKD is a decentralized meme token to drive development within the trade, decentralized finance-oriented actions the world over.”

Whereas the challenge additionally claims that 4% of its obtainable tokens “can be used for charity trigger,” they under no circumstances state wherever on their web site the place the charity the funds can be allotted to.

They’ve additionally claimed to be “a motion by the black neighborhood.” But, the web site additionally doesn’t identify a single individual behind the challenge or that’s on employees, so there isn’t any solution to truly know who’s behind the challenge with out a whole lot of digging. With how decentralized cryptocurrency is, this makes it even riskier to doubtlessly make investments.

Potential Trademark Infringement

Even worse, the phrase “Wakanda Ceaselessly” is actually trademarked by the Walt Disney Firm making it solely potential that Disney may attempt to sue for trademark infringement. It’s actually the subtitle for the subsequent film within the Black Panther collection as effectively.

It’s not like Disney hasn’t been aggressive in making an attempt to guard its properties both. They’ve previously sued San Lee’s household to retain the rights to sure characters which was not effectively acquired by many. It’s extremely possible that they might take bigger actions in opposition to a random cryptocurrency.

Even The Web Finds It Fishy

Whereas it’s true that Wakanda Inu went viral on Twitter, loads of customers there are additionally feeling fairly skeptical concerning the challenge usually.

Ought to You Belief Wakanda Inu?

We will’t say we are able to wholeheartedly advocate shopping for Wakanda Inu. With so little data surrounding the challenge and extremely obscure descriptions behind it, to not point out that Disney may doubtlessly sue it out of existence at any second, make it far too dangerous to contemplate.

One of the best ways to get pleasure from Black Panther is to take a look at the primary movie on Disney+ whereas we look forward to the eventual launch of Black Panther: Wakanda Ceaselessly in 2022. | Black Panther Themed Cryptocurrency Goes Viral, However Is It Reliable?


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