Use Cases and Utilities
Marketplace Currency
The WES token is the default currency for transactions within the Wesion marketplace, enabling seamless exchange of goods, services, and tokenized assets. This unified medium of exchange simplifies interactions and promotes ecosystem engagement.
Fee Distribution: Marketplace fees are distributed to sustain the platform. Specifically:
50% goes to the treasury to support operations and platform enhancements.
40% is burned (up to 250 million tokens), controlling supply and supporting token value.
10% is distributed among sellers to incentivize market participation.
Real-World Assets
Wesion bridges the digital and real-world economies by enabling investment in tokenized real estate and other assets. Users can own fractional shares of real-world properties through NFTs, creating new investment opportunities and diversifying their portfolios.
Content Creation Rewards
Creators on the platform are rewarded for contributing high-quality content. Fees collected from content interactions are distributed among creators, stakers, and the treasury, fostering a vibrant ecosystem that rewards value generation.
Discounted Services
To encourage the use of WES tokens, Wesion offers discounted services for users who transact in the native currency. This includes lower transaction fees, preferred access to premium features, and exclusive offers within the marketplace.
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