WOMBAT Whitepaper
  • Welcome to the WOMBAT Whitepaper!
  • The Overview
    • Core Idea and Vision
    • The Future of Gaming
    • What’s missing for mass adoption
    • Our Solution
  • Wombat - The Web 3 Gaming Platform
    • Wombat Web 3 Gaming Platform today
      • The Wombat App
      • Womplay Game Reward System
      • Wombat Dungeon Master
    • Marketplace Fees
    • Future Elements of the Wombat Web 3 Gaming Platform
      • Wombat App Features
      • Womplay Game Rewards
      • Wombat Dungeon Master staking mini-game
      • Wombat NFT Creation Tools
      • The Wombat NFT Marketplace
      • Wombat Portal
      • Roadmap until 2023
  • WOMBAT Tokenomics
    • Multi-Chain Utility Token
    • WOMBAT Community Rewards
    • Utility of WOMBAT
    • Allocation & Unlock Schedule
      • Token Allocations
      • Release Schedule
      • IDO/DEX/CEX Timeline
    • Changelog
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  1. WOMBAT Tokenomics

Multi-Chain Utility Token

Wombat’s token (ticker symbol WOMBAT) is a multi-chain utility token which plays an important role for the Wombat Web 3 Gaming Platform for both gamers as well as game creators. Such utility token fuels all important activities in such ecosystem and can be used by users to receive significant benefits (hereinafter „WOMBAT“).

The WOMBAT tokens are issued by the German based Spielworks GmbH (the “Company”).

WOMBAT tokens will originally be minted on the Ethereum blockchain with a fixed supply of 10 billion. However, bridges like the Polygon bridge will be used to enable simple, fast and cheap usage and transacting of WOMBAT for users.

Note: The WOMBAT holders will not be entitled to any membership rights or contractual claims with monetary content comparable to those of a holder of shares or a holder of a debt instrument (e.g. membership-like voting rights, claims for dividend-like payments, repayment claims, interest payments) at the level of or against the Company.

Note: The WOMBAT token smart contract implements a functionality to "pause" token transfers. "Pausing" token transfers means that no token transfers can be made while paused. This function is foreseen to be used in disaster scenarios only to protect WOMBAT token holders from negative impact and only by a specific account that is secured using a dedicated multi-signature setup.

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Last updated 2 years ago

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