Provides a universal currency for the VR/AR sector
- Builds on existing ecosystem of users, manufacturers and distribution channels from WEARVR app store
- Weave token will stimulate app sales, user engagement/retention and new app creation within AR/VR ecosystem
- Blockchain integration will improve obstacles to adoption, like friction between game and hardware manufacturers
$WVR Token Sale Model & Details
Weave token is used to purchase apps in existing and partner stores.
- Total tokens: 960,000,000
- Total tokens for sale: 480,000,000
- Price 1 WVR=0.10 USD
- Type: built on Stellar
- Soft cap: 2,000,000 USD
- Hard cap: 30,000,000 USD
- Token distribution: 50% Sale, 15% Company/Marketplace Reserves, 12.5% Employees, 7.5% Shareholders and Advisors, 7.5% Ecosystem Partners and Users, 7.5% Airdrops and Site Usage Rewards
The public token sale runs from 4/1/19 through 7/31/19. Whitelisting is required for participation.
For more information on $WVR’s upcoming token sale, download the company’s white paper here. For ICO news and alerts, visit the company’s website here.