π°Tokenomics
The chart below demonstrates the fully comprehensive token distribution as a percentage.
The token distribution mechanism is based on the incentivization of the core team and community development. It includes numerous utility features that fulfil the project's and community's objectives. All WeWay ecosystem interactions are based on our highly liquid utility token, $WWY. Within the last year, weβve been listed on 14 crypto exchanges, grown by 1400%, and entered the Top 10 tokens by ROI in 2022 by Cryptorank.
This token pool is for funding ecosystem-related projects and activities, like private sales, public sales, advisors, research and development, marketing, staking rewards, and team and ecosystem funds. Most of these tokens will be used to motivate and incentivize our community and users. It is estimated that these tokens will be distributed the following way.
Fund | % | Total |
---|---|---|
Unlock Schedule | 100,00% | 7 000 000 000 |
Private Sale | 8,57% | 600 000 000 |
Public Sale (IDO) | 2,29% | 160 000 000 |
Staking&Incentivise | 20,00% | 1 400 000 000 |
Marketing, R&D and Liquidity | 13,80% | 966 000 000 |
Team | 16,00% | 1 120 000 000 |
Advisors | 9,00% | 630 000 000 |
Ecosystem Fund | 30,34% | 2 124 000 000 |
A new token burn method has been introduced recently. 30% of the total supply will be burned every for the next year. It is a critical choice that promotes effective goal attainment, rapid growth, and substantial profit. Shortly, we intend to engage top investors, attract large funds, and increase our market influence. Due to a fivefold acceleration of all processes, the desired result will be successfully achieved. Consequently, by April 2023, 30% of the entire supply will be burned due to accurate target setting and good plan execution. Token burn is considered a long-term effect, and it can now be observed in detail. It increases the value of tokens, as the fewer there are, the greater their worth. Already, 1,333,986,311 tokens worth $13,339,863 at the current exchange rate have been burnt in a new operation.
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