Wennect community statistics
Represented by Wennect's GSV (Gross Service Value)
Represented by Wennect's GSV (Gross Service Value)
Wennect community growth (graph)
51% of tokens goes to growing the community
We created a community-focused ecosystem in which 51% of token distribution is dedicated to community activities and rewards. This means that the community has a strong decision-making power on how Wennect grows.
How WNCT tokens gain value
The WNCT Token is an ERC-20 token issued on the Ethereum blockchain network. A fixed amount of 1 billion WNCT was released, and the total number of tokens in circulation will never exceed this amount.
The Wennect Treasury releases awards to the Wennect Community, and the members are free to release tokens to the Market. Connectors, who are external contributors such as IT staffing companies, software houses, or recruitment agencies, build up the demand for tokens. Connectors need to purchase WNCT tokens to access the Wennect Platform and must convert part of their clients' fees to WNCT, effectively meaning that WNCT tokens are removed from the Market. The more clients contract Wennect experts, the greater the demand for WNCT.
01. Treasury
Community receives awards from the Wennect Treasury
02. Community
Community gains perks & voting power or releases the tokens on the Market
03. Market
Connectors build up the demand for tokens by converting part of clients' fees for tokens on the Market
04. Connectors
Connectors need to purchase tokens to access the Wennect Platform
05. Community
Tokens received from Connectors are consumed and never returned to market
