### What is Whales Market?

Whales Market is a decentralised Over-The-Counter (OTC) trading platform that allows users to securely and trustlessly trade assets across multiple blockchains. It is designed to provide a secure and transparent trading experience by leveraging blockchain technology, specifically the Solana blockchain, and smart contracts to protect users from scams and fraud.

### How does Whales Market work?

Whales Market operates as a decentralised platform utilising Solana's blockchain technology and a Proof of Stake (PoS) consensus mechanism. The platform employs smart contracts to secure funds and ensure trustless transactions, where capital is locked until successful completion of the transaction by all parties involved. This system reduces the risks associated with traditional OTC trading by addressing issues like scams and fraud in asset transfers.

### What are the potential use cases for Whales Market?

Whales Market's potential use cases span several applications, including:

- **Secure OTC Trading**: Providing a safe environment for the trading of various crypto assets across different blockchains.
- **Pre-listing Allocations**: Enabling trading of assets before they're listed on exchanges, which is beneficial for early investors.
- **NFT Market Integration**: Supporting the trading of NFT whitelists securely on the platform.
- **Vesting Contracts**: Offering tools for managing token releases over time through vesting contracts.
- **Partnerships**: Potential expansion through partnerships, like the one with Lista DAO, reflecting the platform's capability to integrate other projects and broaden its usability.

### What is the history of Whales Market?

Whales Market was developed by the LootBot team, innovators known for creating airdrop automation Telegram bots. Their expertise in automation and strategic targeting within the Solana ecosystem led to the platform's development, focusing on revolutionising the OTC trading landscape. Key milestones include the launch of the decentralised application (Dapp) and the introduction of its native token, $WHALES, on the Solana Mainnet. The platform has expanded its functionality with the introduction of Pre Market and OTC Market, and plans to explore additional opportunities on Ethereum and other blockchains.

Whales Market

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