Introduction:
Welcome to Wewards, a pioneering platform in the Web3 space, where blockchain technology is harnessed to create a unique ecosystem of rewards and user engagement. This white paper outlines our vision, strategy, and the mechanics of our platform, illustrating how Wewards is set to redefine the landscape of on-chain interactions.

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Background:

​The inception of Wewards comes from the need to address transaction costs and limited token utility in the cryptocurrency market. Our platform is designed to reward users on-chain activities and also drive more users towards on-chain transactions and educate them on the benefits of self-custody while also offering tangible benefits and rewards to users.

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Wewards Ecosystem:

​Our ecosystem revolves around the $WEWARDS token, a versatile utility token that facilitates various transactions within our platform. With $WEWARDS, users can:

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1. Earn Rewards: Receive tokens for transactions and activities, creating a rewarding experience for every on-chain platform interaction.
    

2. Mint NFTs: Use $WEWARDS tokens to mint multiple different future NFT collections that will only be able to be minted with $WEWARDS tokens, We will use the royalty set within these NFT collections that will be used to purchase physical products that will supply the store.
    

3. Shop with Tokens: Access our real-world product store using tokens, integrating digital currency with everyday commerce, the store will allow users to purchase products with $WEWARDS tokens, also users will be able to access discounts through $WEWARDS token holdings and NFT holdings to drive brand partnerships for both Wewards and its community.
    

4. Participate in Governance: Influence the platform’s future through DAO voting, ensuring a community-driven approach.

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Strategic Pillars the Wewards protocol is built upon four key strategic pillars:

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1. User-Centric Approach: Focusing on rewarding user participation through all on-chain activities.

2. Seamless Integration: Bridging the digital and physical worlds for enhanced token utility.

3. Innovative Solutions: Continuously evolving to introduce cutting-edge features to bridge the gap between Web3 and Web3.

4. Decentralized Governance: Empowering users through a unique future DAO model to influence platform decisions.

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Tokenomics:
The $WEWARDS token is integral to our ecosystem, with a fair and strategic distribution model:

Besides the initial sale of tokens that will be used to grow our ecosystem with Decentralised exchange liquidity pool, Centralised exchange listings, Marketing, Protocol Development, the only way users will be able to get $WEWARDS tokens is from the monthly pool of 1,000,000 tokens that gets halved every 4 years, which will be shared between all users connected to our platform based on the amount of on-chain gas fees paid within that month based on the USD value which then allows us to go multi chain while maintaining fairness across all chains, users will be able to build up their tokens and claim them at any time.

 

• Total Supply: 21 billion tokens.

• Distribution:

  • Community: 60% - slow release.

  • Presale: 10% - One time.

  • Liquidity Pool: 5% - Locked.

  • CEX Listings: 10% - Strategic unlocks.

  • Team: 10% - Strategic unlocks.

  • Partnerships: 5% - Strategic unlocks.

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Conclusion:

Wewards is more than just a platform; it's a comprehensive ecosystem designed to revolutionize the way users interact with digital assets. By offering a range of utilities for the $WEWARDS token, we're not only addressing existing challenges in the crypto space but also paving the way for innovative uses of digital currencies. Join us in this exciting journey as we transform every on-chain transaction into a rewarding experience.

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