How much is the issuance of woo coins?

The initial issuance of Woo coins is 1.2 billion, and the allocation is: 50% for public sales, 20% for the team and consultants, 15% for the ecosystem reserve, 10% for private placement, and 5% for the operating reserve; the purpose of its issuance is to provide services to the Woo Network ecosystem Support and encourage users to participate in transactions, staking, governance and exclusive functions, and limit supply through repurchase and destruction to increase value and scarcity.

Woo Coin Issuance

The initial issuance of Woo Coin is 1,200,000,000 pieces.

Issuance Allocation

The issuance of Woo Coin is allocated as follows:

• Public Sale: 50%
• Team and Advisors: 20%
• Ecosystem Reserve: 15%
• Private Sale: 10%
• Operation Reserve: 5%

Purpose of issuance

Woo coins are issued to fuel Woo Network’s ecosystem and incentivize users to participate in the following activities:

• Pay transaction fees
• Stake to receive rewards
• Participate Governance and Voting
• Access to exclusive features and products

Supply Limitation

Woo Network plans to limit the circulating supply through regular buybacks and destruction of Woo Coins, which helps increase their value and scarcity.

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