4.1 Positioning of the WELV Token
The WELV token is designed with the following objectives:
Earn: Economically reward users for their wellness activities.
Use: Act as a bridge to NFTs, app functionalities, and partner services.
Hold: Encourage long-term holding and participation in governance.
Adopt: Provide purchasing incentives for products and services.
Circulation Model within WellthVerse
Wellness Activities → Points (App)
Collection of behavioral data such as sleep, walking, and stress reduction.
Points → WELV Tokens (Portal)
Conversion from off-chain points to on-chain tokens via the Portal bridge.
Utilization of WELV Tokens
Redeemable for NFTs, feature enhancements, partner integrations, and more.
Burn & Treasury Recirculation
A portion of tokens are burned or redirected to the Treasury, ensuring a sustainable circular economy.
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