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Join the WorkChain Bounty and get free WATT Tokens
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https://workchain.io/registration?code=putuagus:48MHk9HCcQ

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https://medium.com/workchain-io/introducing-workchain-io-app-token-watt-the-native-user-token-of-workchain-io-c74176d9cd59

Introducing WorkChain.io App Token (WATT), the Native User Token of WorkChain.io

Over at WorkChain.io HQ, our team has spent months building and releasingour first product. It’s the first step of the blockchain solution for the future of work that we’re creating.

Now that we’ve shipped product numero uno (FYI no.2 is also on the way), we’re excited to introduce you to the token that’ll power our ecosystem: WorkChain App Token (aka WATT Tokens).

WATT Tokens Fuel All Products and Services on Workchain.io.

The first thing WATT tokens do is get you onto the platform. Like a membership pass. Secondly, they power platform transactions, including those of our applications workID and workPAY.

One thing of importance to note right from the outset: from day one, WATT Tokens will have immediate, real-world use on WorkChain.io. It’s not simply a concept.

Now, let’s take a closer look at the power of WATT Tokens, shall we?

Get Rewarded with Tokens for Simply Participating on the Platform

Quality, trusted data is what WorkChain.io is all about. It’s what our network runs on. To help generate this trusted data, users who share and validate data on WorkChain.io will earn WATT Tokens as a reward.

Not only is this a reward for our users, it’s part of our internal measure of data quality. Tokens staked are a signal of trust through our protocol. And, by encouraging user participation on our platform, tokens contribute to true decentralized governance.

Ethereum-based ERC20 Tokens Straight to Your Wallet

The WATT Token is an Ethereum-based ERC20 token, a blockchain asset that can be sent and received in the same way as other ERC20 Tokens.

Plus, they’re logged in your own wallet — through our managed service — so they can be put back to immediate work through our platform.

Incentive Program

We’re allocating a portion of WATT Token supply as incentives to users and partners to help drive platform growth and adoption in two key ways:

User Incentivization — Individual users who build up their workID profiles, integrate their accounts with third parties, refer users, and validate data on WorkChain.io will be rewarded with WATT Tokens.

Partner Incentivization — To build the vibrant WorkChain.io partner ecosystem, platform partners that onboard their trusted user data to build work records will be rewarded with WATT Tokens.