WadzPay Token (WTK) is a utility token which allows its custodians to make transactions at E-Commerce or Retail merchants using the WadzPay payment platform.
WadzPay Token
The token is designed to drive good governance on the payment platform, while rewarding consumers and businesses.
Purchase here
WTK Benefits
- ✔Priority access to new features
- ✔Faster, cheaper, and more efficient settlement within the network
- ✔Zero transaction fee for any transaction made with WTK on the WadzPay payment platform, for the first year
Journey From Ethereum to Tomochain: Faster, Cheaper, Smarter Transactions
Payments should be fast and fee-free for consumers. Our token is moving to Tomochain’s TRC-21 protocol in Q1 2021, which promises significantly faster transaction speeds compared to Ethereum’s ERC-20, and best of all: you can say goodbye to high network (gas) fees.
Tokenomy
The WTK utility token will power the WadzPay ecosystem.
Merchant and Consumer Incentives
- ✔12.5 million locked tokens to be airdropped during promotional periods
- ✔First-time merchant signups will receive bonus WTK for signing up on the platform.
- ✔1% bonus ‘token cash-back’ for digital currency (e.g. BTC/ETH) to WTK conversions
- ✔1% bonus ‘token cash-back’ for WTK to fiat conversions
- ✔Merchants who meet platform sales targets and able to move more than 10% of their overall payments onto WadzPay will receive incentives in WTK.
| % of sales via
WadzPay |
10% | 20% | 30%+ |
| Bonus tokens as % of sales | 0.75% | 0.9% | 1% |
Tokenomy Document (PDF)
For more details about our tokenomy, please download the PDF.