# Chain World Token Economic Model

CWT is the governance token of Chain World and the utility token for the Chain World ecosystem. The CWT token has a Max supply of 1 billion. CWT token is employed towards platform rewards, ecosystem development, public issuance, team operations, and other utility built into the Chain World project.

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**The token distribution plan is as follows:**

● Platform task reward: 70%

● Ecosystem Funds: 10%

Used to stimulate the development of the ecosystem, it will be further divided into governance fund (5%) and community development fund (5%). The governance fund provides a transaction liquidity pool for the ecosystem of Chain World, and the community development fund is used to promote the further development of the ecosystem. develop and provide incentive support for community development and community activities;

● IDO public offering: 10%

This is used towards IDO sale and fundraising in the early stages of the project;

● Team incentive: 10%

This is used for project team operation, marketing, etc., and is released over a five-year period.

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Chain Social Verse (referred to as: CSV), a social metaverse app under the Chain World ecosystem, will provide CWT staking services after the public beta;

Users who stake CWT for at least 1 month will get CWT stake weight, which is required to participate in social mining.

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CWT pledge weight of a single user = number of CWT pledged / total number of CWT pledged on the platform;

Provide four CWT staking pools with staking periods of 1, 3, 6 and 12 months;

The CWT pledge weight will increase by 10% every time the pledge period increases, such as:

3 months = 10% increase (x1.1)

6 months = 20% increase (x1.2)

12 months = 30% increase (x1.3)

In addition to this, users who hold ecosystem NFTs will get an additional 20% weight (x1.2)

![](https://2338408621-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fw9oovQmQyHSj6Y6wsdOq%2Fuploads%2FS1pUOtNGNvNiPuGZl38n%2FFrame%20180.png?alt=media\&token=0b58f39f-2ac5-43eb-916b-3725715eaf8f)
