WorkChain.io App Token (‘WATT’) | WorkChain.io
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WATT Token Workchain logo
The transactions made through the WorkChain ecosystem and the interoperability of its applications will be powered by the platform’s native utility membership token, WorkChain App Token (‘WATT’).
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Token Information
Name
WorkChain App Token
Supply
1,000,000,000 WATT
Symbol
WATT Workchain logo
Type
ERC20
Decimals
18
Address
0x829a4ca1303383f1082b6b1fb937116e4b3b5605
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WATT Token Uses
WATT enables secure and verified transactions – the sharing of value – between individuals and entities on the WorkChain. WATT’s are vital to the adoption, functionality and future mainstream success of WorkChain.io.
Provides membership access to the WorkChain.io platform.
Drives data transactions between the platform and Dapps
Staked by Parties to earn the right to perform work on WorkChain.io Platform
Earned by providing services on the WorkChain.io platform
Staking Tokens
WATT Is used as a Staking token as:
Membership for employees - they need to own one to have access to platform.
Replacement for subscription for employers - employers are currently paying subscription to use payroll software. We are changing this model to staking.
Acces to work for validators - Workforce managemnt softwares like Humanity.com and WorkPuls.com will need to stake WATT proportional to number of Proof of Work records they want to provide.
First in line for lenders - if there is more funds available on the network than there is demand, funds from lenders that are staking more tokens are going to be used first.
Watt diagram
Token Economy
Economy diagram
Token Sale
50%
Company
20%
Partner Incentivization
15%
Advisors & Investors
10%
User Incentivization
5%
Partner & User Incentives
Quality data is what will fuel the creation of trusted WorkChain records and rapid user adoption of the platform. With this in mind, a sizeable percentage of the total WATT Token supply will be allocated as incentives to users and partners to drive platform growth and adoption.
Partner Incentivization
To build the vibrant WorkChain partner ecosystem, platform partners that onboard their trusted user data to build work records will be rewarded with WATT Tokens.
User Incentivization
Individual users who build up their workID profiles, integrate their accounts with third parties, refer users and validate data on the WorkChain will be rewarded with WATT Tokens.
For both partners and users, WATT Tokens are logged in a user’s wallet as they’re earned. And then can be put back to immediate work through accessing the functionality of the platform. This makes the token wallet an intrinsic part of platform use – not a static side-product like with many blockchain projects.
Token Pricing
Find out more about our Pricing Plans by visiting our Pricing Page
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Frequently Asked Questions
What is a WATT Token?
WATT Tokens are the native utility tokens for the WorkChain.io platform.

WATT Tokens act primarily as membership tokens for WorkChain.io. You can think of them like a software license key that is good for life!

In addition, transactions made through the WorkChain.io ecosystem and the interoperability of its applications will be powered by WATT Tokens, so they also serve as product-use credits for services on WorkChain.io.
How many WATT Tokens will I need?
Initially, you’ll always need at least 1 token to access WorkChain.io.
How does membership work using WATT Tokens?
Currently we’ve announced one membership tier — the Employee Member, which requires 1 token, and allows access to our workID product.

In the near future we’ll announce additional Premium Membership for employees that will unlock access to WorkChain.io Wallet and other future products, as well as new member tiers forRecruiters, BusinessesandPartners.
What else will WATT Tokens be used for?
In the future WorkChain.io will charge fees for certain financial transactions made on parts of our platform like WorkChain.io Wallet and WATT Tokens will be used to pay fees connected with these transactions.
How does the WATT Token work with WorkChain.io?
When you attempt to access member-only sections of WorkChain.io we will first check the balance of WATT Tokens in your wallet. If you have sufficient tokens in your possession, you can proceed with the asset transfer. If not, you’ll need to purchase a token before you can continue.
Got more questions? Visit our FAQ Page.

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