Valhalla 2021 Review
By: Valhalla Token
Tags: Cryptocurrency, Bsc, Defi

While we look forward to the new year and the future of our project, we believe it’s also important to reflect on the previous year and where we have come from.

Valhalla was launched in May as a community coin with no team, no roadmap, no leadership and no LP. Alex and I picked up the challenge and started to build a team and utility around the coin. As the market faltered in the summer, planning continued and a strategy to relaunch the coin with a new contract, dev team, improved tokenomics, and a utility already in production, built entirely from volunteer efforts.

We have been consistently amazed by the support of the community and this is part of what drives us to keep pushing forward to Valhalla. This has come in multiple forms, be it defense of the project in our telegram and elsewhere, to the DMs that we get, to the diamond hands who have been holding since day 1.

For the presale and initial launch we completed the following

Pre-launch Website and Whitepaper overhaul

AMAs in Crypto Ballers, Rudes Lounge Zero to Hero, Phoenix Holdings, Coin Launch

Lounge, and a large one in our own channel.

We were pinned in many groups, including very large groups such as the Shampoo Lounge and Saiyan Signal

Valhalla was included in all major launch listings.

Multiple Tweets from influencers including Crypto Maestro.

Ads ran through large crypto ad platforms through (Coinzilla & Pushground)

Due to unfortunate market timing we ended up launching into a red market, due to this and in order to maximise the effectiveness of our marketing budget we have not marketed heavily during this time period. However we have continued working diligently in the background.

It was raised that our whitepaper and website made us look like a charity token, while we support charity we are very much a utility token, and to reflect this the white paper has been re-written to better push our use cases, and the website is in the process of some heavy updating, some of which has already been implemented such as the gitbook integration to create a Valhalla Wiki. Upcoming changes are a full website redesign to make the information displayed clearer to new users, integration of the rewards dashboard, a swapper so users can purchase VLH directly through the website, and Medium blog integration.

We are also currently in discussion with multiple staking platforms, to create staking options, these options will include, staking to earn additional VLH while continue to gain your bUSD rewards, staking to earn both VLH and a partner token while continue to claim bUSD rewards, staking your VLH and sacrificing your bUSD rewards in order to earn additional VLH tax free through an automated buy-back feature (this will be a great option for those who maybe hold only a small amount of token and want to quickly increase their VLH bags). We are also considering the options of listing the token with other LP pairs such as FEG.

As part of the updating of Valhalla’s marketing we spoke to an SEO expert who has given us some valuable advice on how best to reach certain markets and also improve our visibility on sites such as google and twitter, you will see this start to roll out with the website and whitepaper updates.

As we move closer to the new year we are already starting to see the market improve, and we are aligning our marketing to make use of the next bull run.

Starting this off was an AMA on the 29th of December with RedlightTokenDistrict.

We are also in talks with a well know influencer for an AMA in their group in January, with plans currently being discussed with two airdrop tokens — one very well known for their shilling. These airdrops will help us in multiple aspects, first with the awareness that we will gain from those groups but also by increasing our holder count, which is an important listing criteria for sites such as trust wallet. We will also be doing our first token buy back from the whale wallets to go into the staking pools, which will give the token a noticeable price increase, and improve the APY for our staking pools.

Coin tracking applications are currently underway, with the most common platforms and a few less common ones too, currently we are working on the following applications, CMC, CG, NOMEX, crypto.com and the Safemoon wallet. We are now listed on WatcherGuru, https://watcher.guru/coin/valhalla, and awaiting confirmation for listing on a Chinese voting platform https://cntoken.io/.

I believe that covers the majority of what we have going on right now, however as we move into the new year it’s important to consider our long term visions.

Valhalla aims to become a conversion point for new users into DeFi, this starts with our initial use cases of our Tutorial Hub and Wallet trackers, alongside implementing direct buy features into the site so they will be able to convert fiat into both BNB and VLH. However our plans extend much further beyond that, with the addition of an NFT platform and a Token IDO LaunchPad we will be moving towards a single point of call for new users to learn about DeFi, purchase NFTs and get access to safe vetted tokens, while being provided the knowledge and tools to track their investments and make educated decisions. Long term our aim is to become the only site users will need to find new calls, this would mean providing access to data scraped from sites such as CMC and Pancake Swap to find new listings and top trending tokens, implementing our own charting tools, and expanding Valhalla across multiple chains.

We are excited for the future of Valhalla and look forward to everyone taking this journey with us.

Happy Holidays

From Valhalla Token