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

AllocationPercentageTokens

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

Token Vesting Schedule

AllocationAllocationTokensListing releaseListing amountRemaining TokensCliff (mths)Vesting (mths)Monthly releaseMonthly 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%

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 1Series 2

Max supply

2,000

3414

$WLTH per NFT

44,000

6444

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 1Series 2

Per 24 hours

27 $WLTH

5 $WLTH

Rewards can be claimed after TGE.

Come build the next generation of investment protocols with us.

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