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Tokenomics

Tokenomics

WLTH token

Common Wealth is powered by the WLTH utility token. All non-investment financial transactions (rewards, staking, governance) are transacted in WLTH and are subject to a 1% fee which is used to fuel the Community Fund.

WLTH is used to:

  • pay transaction fees
  • reduce platform carry fees on investment returns
  • participate in fund and platform governance
  • deploy investment funds into projects
  • pay contributors
  • earn rewards for participation, learning and promotion
  • earn passive income from Community Fund

USDC stablecoin is used for investments - although it is envisaged in future that investments could be made in Ethereum and DAI.

The WLTH token is an ERC20 token running on the Ethereum blockchain.

Token symbol:    WLTH

Total max. Supply: 1 billion

Token allocation

Allocation
Percentage
Tokens
Genesis NFT series 1
8.80%
88,000,000
Genesis NFT series 2
2.20%
22,000,000
NFT Staking Rewards
0.75%
7,500,000
Marketing
2.40%
24,000,000
Public Sale
21.85%
218,500,000
Team
14.00%
140,000,000
Treasury / Working capital
20.00%
200,000,000
Rewards & Incentives
10.00%
100,000,000
Exchanges & Liquidity
10.00%
100,000,000
Community Fund Bootstrap
2.00%
20,000,000
Advisors
3.00%
30,000,000
Council
5.00%
50,000,000
Totals
100.00%
1,000,000,000

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Token Vesting Schedule

Allocation
Allocation
Tokens
Listing release
Listing amount
Remaining Tokens
Cliff (mths)
Vesting (mths)
Monthly release
Monthly release
Genesis NFT series 1
8.80%
88,000,000
88,000,000
0
24
3,666,667
4.17%
Genesis NFT series 2
2.20%
22,000,000
22,000,000
0
24
916,667
4.17%
NFT Staking Rewards
0.75%
7,500,000
100%
7,500,000
0
0
0
0
0.00%
Marketing
2.40%
24,000,000
0
24
1,000,000
4.17%
Public Sale
21.85%
218,500,000
10%
21,850,000
196,650,000
0
12
18,208,333
8.33%
Team
14.00%
140,000,000
140,000,000
12
36
3,888,889
2.78%
Treasury / Working capital
20.00%
200,000,000
200,000,000
12
36
5,555,556
2.78%
Rewards & Incentives
10.00%
100,000,000
100,000,000
0
24
4,166,667
4.17%
Exchanges & Liquidity
10.00%
100,000,000
10%
10,000,000
90,000,000
3
9
11,111,111
11.11%
Community Fund Bootstrap
2.00%
20,000,000
20,000,000
0
12
1,666,667
8.33%
Advisors
3.00%
30,000,000
30,000,000
6
24
1,250,000
4.17%
Council
5.00%
50,000,000
50,000,000
0
120
416,667
0.83%
Totals
100.00%
1,000,000,000
3.94%
39,350,000
936,650,000
n/a
n/a
51,847,222
5.18%

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Fundraising

We have raised funds via a fair launch from a community of like-minded individuals employing our Genesis NFT as a raise vehicle. Common Wealth is community-owned and operated.

Our thank you for assisting us to get off the ground will be generous participation in the revenue share from all income generated over the lifetime of the ecosystem from all funds deployed.

The Genesis OG series includes governance rights with a heavy dose of utility tokens.

There are two phases to the sale - Oct 2022 and coming in April/May 2023

Series 1
Series 2
Max supply
2,000
3,414
$WLTH per NFT
44,000
6,444
Revenue share
share in 12% of platform profit for the lifetime of the eco-system
share in 3% of platform profit for the lifetime of the eco-system
Governance rights
token allocation
token allocation
token-gated access to some channels in Community
token-gated access to some channels in Community
additional utility TBC
additional utility TBC
invite-only AMAs

Revenue will be available periodically for claiming - and of course full Treasury reports will be available at all times.

Genesis NFT Staking

As a thank you to the All Street OGs for your trust, support and blind faith in the team, you will be able to stake your genesis NFT until TGE (Token Generation Event) to earn daily $WLTH tokens.

For every 24-hour period your NFT is secured in the contract, you'll receive some $WLTH - see table below for more info.

Series 1
Series 2
Per 24 hours
27 $WLTH
5 $WLTH

Rewards can be claimed after TGE.

Come build the next generation of investment protocols with us.