🪙Tokenomics

The $WMT token is the native utility token of the WeMet ecosystem, designed to integrate with the Friend3 ecosystem to support decentralization and community growth. The initial core utilities are as follows:

• Access Control: Token holders gain exclusive access to premium chat rooms and specialized content.

• Payment Unit: Use $WMT as the primary currency for in-platform donations and consumer transactions. Enjoy potential discounts and premium features when using $WMT.

• Governance: $WMT holders play a pivotal role in shaping the future of WeMet. They can propose, debate, and vote on key protocol decisions, including business metrics like revenue allocation. This empowers the community to drive the direction and strategy of WeMet.

• Staking: Stake $WMT tokens to earn rewards, increasing engagement and investment in the Friend3 ecosystem.

• Incentives: Used for rewarding user contributions, like content creation and community moderation.

• Ecosystem Development: By integrating with various DeFi protocols within WeMet, such as liquidity pools, lending, and trading, the utilities of $WMT are further magnified.

• Transaction Fees: Reduced transaction fees on the Friend3 platform for $WMT holders, making transactions smoother and more affordable.

Token Distribution

The total supply of $MAT is 100,000,000,000 , and it will be unlocked in a predetermined schedule that lasts for 72 months from the listing day. The initial circulating supply (excluding liquidity) when listed on DEX/CEX is set to 2,625,000,000 $MAT - 2.625% of the total supply. Here is a breakdown of how these tokens will be distributed:

• Seed Round (4.5%): Reserved for early strategic investors, including VCs, strategic partners, and individuals.

• Public Round (7%): Allocated to strategic collaborations with Tier 1 launchpads.

• Early Contributor Rewards (4%): Incentivizing users who engaged with the initial beta.

• KOL Round (2%): Dedicated to global KOLs and influencers in strategic partnerships.

• Liquidity (15%): Unlocked based on market liquidity needs.

• Incentives (35%): Set aside for ecosystem incentives, with future use determined by the $WMT holder-governed DAO.

• Team (7.5%): Allotted to team members, unlocked based on the achievement of KPIs aligned with project milestones.

• Marketing (15%): Earmarked for market expansion efforts, with specific allocations governed by the $MAT holder DAO.

• Ecosystem (10%): Earmarked for the ecosystem development, with specific allocations governed by the $MAT holder DAO.