CWT is the abbreviation for CoinW Token, fully named as CoinW Ecosystem Entitlement Token. CWT is a token system issued and managed based on blockchain.

Application Scenarios and Enjoyed Rights

① Voting for listing in the Potential Zone;
② Deposit for listing project parties;
③ Deposit for recommended institutions.
And enjoy
① Privileges of various ecosystems through holding and locking positions;
② Gift rewards of child tokens through locking positions;
③ Discounts on trading fees and other rights.

Project Allocation

Out of the un-circulated amount of CWT, 5,000,000 will be allocated to the CoinW Ecosystem Fund. The CoinW Ecosystem Fund will be used for strategic investments, ecosystem construction, platform risk reserve funds, etc. The remaining un-circulated amount of 3,221,713 will be used for platform operations and will be gifted to CoinW users through various activities at that time.

Buyback and Destruction Mechanism

●For the CWT obtained in the FansUp! fan feedback event, 80% will be destroyed, and 20% will be used for CoinW ecosystem operations.
●For the income from the FansUp! appreciation and flash purchase event, 20% of the profit will be used to buy back and destroy CWT in the secondary market.
●80% of the CWT profits from Win membership sales will be regularly destroyed.
All destruction records will be announced in real-time, and users can check them through the blockchain browser to ensure openness and transparency until 10,000,000 CWT are destroyed. In the future, with the continuous increase of CoinW sales and consumption projects, CoinW will also launch more buyback or destruction policies.

*The above content is organized by the official Non-Small Number. If you need to reprint, please indicate the source.