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

  1. Wellness Activities → Points (App)

    • Collection of behavioral data such as sleep, walking, and stress reduction.

  2. Points → WELV Tokens (Portal)

    • Conversion from off-chain points to on-chain tokens via the Portal bridge.

  3. Utilization of WELV Tokens

    • Redeemable for NFTs, feature enhancements, partner integrations, and more.

  4. Burn & Treasury Recirculation

    • A portion of tokens are burned or redirected to the Treasury, ensuring a sustainable circular economy.

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