4.1 Positioning of the WELV Token
WELV is designed with the following objectives:
To economically return the value of wellness data generated by users back to the users themselves (Earn)
To enable the use and exchange of Welmee / NFTs / application features / partner services (Use)
To allow users to contribute to ecosystem formation through long-term token holding and participation in governance (Hold)
To provide discounts, priority access, and benefit access to WELV holders, serving as incentives for the adoption of products and services (Adopt)
WELV tokens circulate within the WellthVerse ecosystem through the following flow:
Actions → Growth of Welmee
Data such as sleep, walking, and reduced stress become factors that contribute to the growth of Welmee.
In-app Characters → NFTs
Welmee, an in-app character (Web2), is converted into an NFT (Web3).
Welmee NFT → WELV Tokens (Portal)
Nurtured Welmee can be displayed in the Gallery, and while it is displayed, users can earn WELV tokens as consideration for providing data.
Utilization of WELV: NFT purchases / Welmee merge / application feature enhancement / use of partner services
Tokens circulate as the “fuel” of the economic ecosystem.
A portion is Burned or returned to the Treasury
Maintaining a circular economic model in which demand exceeds supply
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