Introducing Waves Africa Reward Token (WART)
The Waves Africa community finally launches a community reward token (WART) alongside plans of token implementations and use case for 2021 and beyond.
The First batch of WART distribution
100 Waves will be raised on the first batch of distributing WART. Community members will receive 50,000 WART for committing 1 Waves to the WART issuance address.
Click here to join Waves Africa community
What you should know
- There is currently a total supply of 10 Million WART issued on Waves blockchain. See issuance transaction here
- A 100 WAVES consortium for DEX-MM (Market Making) And Waves African Expansion will be raised via the 1 Waves <> 50,000 WART distribution
- If 100 people participate in this first batch of distribution, half of the current supply will be in circulation and the price will begin from 0.00002 WAVES against WART on DEX.
- Community growth shall be the focus of the Waves Africa Reward Token (WART) for Waves, its ecosystem and projects around the ecosystem.
- Aside from DEX market-making, all funds are channelled toward the expansion of Waves Africa community and the utilization of Waves protocol.
- As a community, WART is a symbol of identity, passion and devotion to Waves Africa community, hence WART will be a requirement for gain certain access and support from the Waves Africa community.
- WART will be a gate pass for any one of their project to benefit from Waves Africa community. Projects must hold a certain amount of WART to gain community support.
- All transactions and activities around WART issuance wallet and token are all public for community audit via wavesexplorer.com
What it means to hold WART
At Waves Africa, we are community-oriented with a strong passion to shape Africa for Decentralized Finance. Our community and Africa at heart!
- Governance: WART will be used by anyone who wants to take part in making core suggestions and decisions toward public/open affairs Waves Africa community. WART will also be collected as the fee for submissions, AMAs, tokens and product feature on the telegram community or social handles.
- Discounts on services and products of Waves Africa partners.
- DApp reviews and promotions to incentivize and reward developers to work on DApps built of Waves that contribute to further adoption of Web 3.0 in Africa
- Affiliate and bounty rewards, the token can be converted to Waves, USDN or any asset listed on waves.exchange, the token can be used for Network Fees on Waves.
How Will WART be Distributed
WART token will be distributed to Waves Africa community, irrespective of their time of joining the community via the ways listed above.
- Deposit 1 Waves to WART issuance address
- Referral campaigns
- AMA participation
- Quiz
- Community tips
- Trading
Now WART is minted, what next?
I would be sharing with the Waves Africa comunity soon. Stay tuned!