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.
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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.