WaykiChain's economic model

avatar
Dear readers, doing some research on the great WaykiChain project, I found relevant information that will allow a more comprehensive analysis on the economy that is based on three tokens, which are the WICC, the stablecoin WUSD and what they call WGRT gorbernanza currency, they seek a balance with the three types of tokens that allows them an excellent management capacity and of course have a great potential for development. Next, in the following figure you will be able to observe what is the relationship and what functions they have in their financial ecosystem.

Image owned by WaykiChain

Despite the existence of the three currencies, we will talk about WIIC which is a token that users can use to manage the applications and functions of the platform. In some project documents it is mentioned that WICC can be obtained through mining, voting, subscription, or transactions with other holders, which means that WICC receives commercial value by being listed on exchanges and trading with other cryptocurrencies.

As for the allocation of the WICC, it can be mentioned that according to the project planning 60% is for public sale, with which they seek to ensure sufficient liquidity for the project, the fund raised in public auctions WaykiChain will use it for product development, technology upgrades, finance and of course incentives for the community.

On the other hand, 15% of the WICC is earmarked for the development team, the operations team and early investors, who according to the leaders have contributed significantly to WaykiChain's initial development by providing human resources and technology among other significant contributions. Similarly, another 15% is earmarked for strategic planning in order to expand WaykiChain's market reach. To complete the distribution of the token, 10% is destined to private investors, who contributed the necessary funds for the development of the project by assuming risks in the early stages.

Distribution of the 210 million WICC

Image owned by WaykiChain

Dear readers, to know in depth about the management of the project in which we are investing is essential to make the right decisions and to know how reliable it would be to be part of such entity, we must always look for serious projects that provide sustainability over time and that do not collapse at the slightest problem that exists in the market. As I said in the previous publication, let's continue to inquire about this great project that is seen as a great alternative.




0
0
0.000
4 comments
avatar

Greetings friend @amestyj, WaykiChain offers confidence and security, its growth in this world of cryptocurrencies is gigantic, that's why it consolidates every day.

Thanks for sharing this important information.

0
0
0.000
avatar

Hi friend @carlir, no doubt WaykiChain is a very promising looking project that should not be missed.

Thanks for your valuable input, have a great weekend.

0
0
0.000