The Valhalla team launches their Valkyrie wallet to finally put your ‘worthless’ coins to good use
A few days ago, I wrote about a new crypto project I was particularly interested in — Valhalla (VLH). Since then, the team at Valhalla have launched Valkyrie. Valkyrie is a wallet that is ready and waiting to receive your old or unwanted coins.
Valkyrie donation wallet address: 0x6ae07B6d3C1b0664c3611d427C0173dBE7DfeE61
As you’ll no doubt be aware, there have never been so many coins and tokens released in such a short period of time. Thousands are trying to become the next Dogecoin or Safemoon and give the early investors enough profit to ‘fly to the moon’. 99% of these projects fail, even where they start with good intentions. Perhaps it's a poorly thought-out action plan, a problem with the contract or just a failure to gain traction. It’s not surprising that most don’t succeed when it is so hard to stand out from the crowd. This often leads to investors being left holding coins that appear to have very little value.
Each of the leftover coins is nearly worthless, but imagine if your leftover coins were pooled with thousands or millions of others. Suddenly, that 10¢ or 1$ collection becomes $100, $100,000 or $1m.
The beauty of Valkyrie and the project at Valhalla is that it gives value to the valueless.
The Valhalla team will pool the ‘dead coins’ and convert them to VLH. 50% will then be used to boost liquidity for VLH (allowing the project to grow) and the other 50% will be used for charitable purposes, as decided by the Valhalla community — magically giving a use to the useless!
The best part of this is that anyone can send their coins or tokens to Valkyrie - you do not need to hold any VLH. Even if you have had your fingers burned too many times and do not feel comfortable investing in another low-marketcap coin, you can still give something back and clear out your wallet at the same time. Your contribution will make a difference.
This info-graphic from the Valhalla team summarises the process:
Even if you don’t make it to Valhalla — please do consider giving your old coins a new lease of life.
Note: I am not involved with either Ragnarok or Vahalla, except as an early investor. As always, this is not financial advice. Do your own research and take care of your money.
Valkyrie donation wallet address:
Valkyrie wallet on BSCScan:
Vahalla (VLH) on BSCScan:
Vahalla Telegram group:
I am a former UK solicitor, specialising in Commercial Property and Business law. I have been living in Asia for the last 6 years, with time spent in China, Thailand and Singapore. For the last 5 years, I have been a crypto enthusiast — finally buying into Bitcoin, Ethereum and Ripple in late 2016. I rode the wave of 2017 and on paper made a large profit before watching it all disappear. I held on to my bags and waited patiently for the price to increase once more. This year has seen explosive growth and finally a return to profit. I like reliable, long term projects, but am happy to dabble in some smaller low-cap coins in the hope of being part of the next Dogecoin!