# Problem Statement/ Solution

## PROBLEMS&#x20;

Dog of Wisdom is here to dominate Solana Defi and follow in the Footsteps of Bonk Inu as a market leading SPL. As the Ecosytem grows we have found the DeFi space is plagued by scams, rug pulls, and lack of transparency. Many projects lack strong teams of professionals and a focus on building long-term value. This has led to a decline in investor confidence and hindered the growth of the DeFi ecosystem. We are here to provide Solana with a token it deserves

## SOLUTIONS&#x20;

The Dog of Wisdom aims to address these problems by focusing on the following:

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Transparency: The project will be transparent in all its operations, with a clear roadmap, a doxxed team, and regularly scheduled community updates, twitter show and dog of wisdom branded podcast.

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Branding and Utility : The Dog of Wisdom NFT collection (The Wizards of Wisdom) will be launched and only avaliable to holders. You will be able to stake and earn $WISDM with your NFT and much more.

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Community: The project will build the strongest and most connected community and network through constant engagement initiatives( IE spaces and community events) and exclusive benefits for token holders.

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Innovation: The project will constantly innovate  and go outside of the standard conventions of a memecoin and develop new features and services to provide value to its community and the DeFi ecosystem such as the WISDM telegram alpha bot
