Overview
Wag3s is a decentralized SaaS (DSaaS) platform designed for startups and retail businesses to streamline accounting, HR, and financial management. Built with Web3 technology, Wag3s integrates AI and blockchain, aiming to provide secure, transparent, and user-centric services that allow businesses to manage digital assets and team processes more effectively. The platform’s structure supports three primary modules: Wagesfolio, Wagesledger, and WagesHR.
Core Modules and Features
Wagesfolio
Wagesfolio is a customizable dashboard for tracking cryptocurrency portfolios, enabling users to view real-time data, personalize layouts, and set alerts for transactions and asset values. Key features include:
- Customizable Dashboard: Users can tailor widgets and display configurations for a personalized view of their portfolios.
- Portfolio Tracking: Real-time updates on holdings, transactions, and NFTs across multiple wallets.
- Advanced Tools: Includes options for cross-swap aggregation, alerts for token categories, and a panic button for rapid asset liquidation during market volatility.
Wagesledger
Wagesledger simplifies crypto accounting with tools to consolidate wallet data, manage transactions, and produce financial reports. Features include:
- Automated Fee Management: Tracks transaction fees and integrates with invoice management for a complete financial overview.
- Currency Customization: Allows users to set preferred currencies and export data as required.
- Account Connectivity: Integration with both traditional and digital banking systems, facilitating unified financial tracking.
- Governance Integration: Incorporates a token-based governance model to allow user-driven platform development.
WagesHR
WagesHR offers decentralized HR management tailored for Web3 needs, including secure employee data handling and flexible payroll options:
- Employee Management: Encrypted storage options and a real-time calendar for managing employee records, payroll, and leave tracking.
- Expense & Performance Tracking: Tools for managing expenses and conducting performance reviews, with options to generate and customize invoices.
- Flexible Payroll: Supports both traditional bank and cryptocurrency payments, providing employees with multiple compensation options.
Technology Stack
Blockchain Integration
Wag3s leverages blockchain’s transparency and immutability to address challenges in traditional accounting and HR processes, reducing errors and enhancing security. Built on Berachain, it benefits from:
- EVM Compatibility: Compatible with Ethereum tooling, making it adaptable within the Ethereum ecosystem.
- Proof-of-Liquidity Consensus: Incentivizes ecosystem liquidity, ensuring network security and growth.
AI-Powered Features
Wag3s integrates AI for various functionalities, including:
- Tax Insights: Analyzes financial data to identify tax-deductible opportunities.
- Future Trader Support: Offers real-time market analysis and trend predictions for traders.
- HR Efficiency: Streamlines team management, reducing manual tasks through automation.
Tokenomics
Token & Utilities
Wag3s uses a utility token to incentivize platform engagement and reduce operational costs for users:
- Staking: Users can stake tokens for platform discounts.
- Governance: The token serves as a governance mechanism, allowing users to vote on platform developments.
- Multiswap and Storage: The token facilitates multi-currency swaps and decentralized storage.
Distribution and Vesting
Wag3s plans to distribute tokens in phases, including airdrops for community engagement. Vesting details will be announced to ensure transparency and fairness in token allocation.
Roadmap
Wag3s has outlined a phased roadmap with key releases:
- Q2 2024: Launch of Wagesfolio (Alpha v0).
- Q3 2024: Launch of Wagesledger and additional features for Wagesfolio.
- Q4 2024: Expansion into tax management and further integration with WagesHR.
Legal and Compliance
Wag3s is based in Zug, Switzerland, adhering to applicable intellectual property and regulatory standards. The platform provides clear disclaimers, advising users on compliance with local regulations regarding token use and data storage.
Community Engagement
Wag3s fosters a community-oriented approach through active channels on Twitter, Medium, and Telegram, supporting user interaction and feedback for continuous improvement.
