Wikiwoop Documentation
Introducing WooCoin Allocations.
The allocation of WooCoin, the native cryptocurrency of Wikiwoop network, has been meticulously designed to ensure a balanced distribution that supports the project's development, marketing, community engagement, and long-term sustainability. The total pre-mined supply of WooCoin is 8 billion coins, representing 8% of the total supply of 100 billion coins. This allocation strategy aims to incentivize key stakeholders, promote the project, and foster a vibrant and robust ecosystem. Below is a detailed breakdown of the WooCoin allocation and the rationale behind each category.
WooCoin Allocations
Total Coin Allocation
- Total Supply: 100 billion WooCoin
- Pre-Mined Supply: 8 billion WooCoin (8%).
- Minable Supply: 92 billion WooCoin (92%).
Total Supply: 100 billion WooCoin.
Pre-Mined Allocation Breakdown (8% / 8 billion coins):
- Team, Development, Operations, and R&D: 2% (2 billion coins)
- Marketing and Partnerships: 0.5% (0.5 billion coins)
- Community and Ecosystem Fund, Airdrop: 0.5% (0.5 billion coins)
- Friends, Family, and Early Investors: 0.5% (0.5 billion coins)
- Private Sale, Pre-Sale, and ICO: 1% (1 billion coins)
- Community Board: 1.5% (1.5 billion coins)
- Founder: 2% (2 billion coins)
Breakdown & Rationale
Team, Development, Operations, and R&D: 2% (2 billion coins)
Incentivizes the core team responsible for developing, operating, and maintaining the project. Includes funding for continuous research and development, ensuring ongoing innovation and platform enhancement.
Marketing and Partnerships: 0.5% (0.5 billion coins)
Used for project promotion, user acquisition, and forming strategic partnerships to accelerate adoption. May also support exchange listings and integration with other blockchain ecosystems.
Community and Ecosystem Fund, Airdrop: 0.5% (0.5 billion coins)
Funds community-driven initiatives, grants, and airdrops to engage users and expand adoption. Includes rewards for staking, referrals, and platform engagement.
Friends, Family, and Early Investors: 0.5% (0.5 billion coins)
Rewards early supporters who believed in the project before launch. Strengthens long-term community trust and early-stage backing.
Private Sale, Pre-Sale, and ICO: 1% (1 billion coins)
Allocated for early investment rounds, ensuring liquidity and supporting the project's early development. Funds raised help scale operations, enhance technology, and expand market reach.
Community Board: 1.5% (1.5 billion coins)
Supports board members providing strategic guidance and industry expertise. Ensures the project benefits from experienced leadership and global insights.
Founder: 2% (2 billion coins)
Reserved for the founder to align long-term incentives with the project's success. Ensures continued vision, leadership, and commitment to sustained growth.
Fair Distribution & Liquidity-Backed Earnings Coins are minted gradually over a 20-year period rather than all at once, ensuring controlled inflation and long-term sustainability. Every newly minted coin is initially locked in a smart contract and is only released based on user adoption of the platform. The app’s activities generate liquidity, which is then used to purchase and distribute these coins in a sustainable manner. This approach guarantees fair distribution, prevents market flooding, and supports the long-term appreciation of the coin’s value.
In conclusion, the only way for users to acquire new coins is through app activity. This ensures that participation in the ecosystem is tied directly to engagement within the app, requiring users to have an account to generate new coins based on their actions. Additionally, the pre-mined coins are secured within a locked structure, with release periods ranging from 2 years to 10 years, reinforcing long-term stability and sustainability within the system.