What is $WTWH Coin?
At WTWH we’re excited about blockchain technology.
The $WTWH coin is a cryptocurrency built on The Rally Network (an open, decentralized network that is powered by its native ERC-20 governance token, $RLY). In some simpler terms, Rally is hosted on an Ethereum side chain and those new to blockchain technology, “Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It’s a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.”
We like to think of the $WTWH coin as a rewards program but vastly improved due to the nature of blockchain and shared value with both creators, end users and buyers of the token. It’s also another way of giving back to so many that have helped us along the way. And for new users and content creators, to continue to grow our communities and the quality of the WTWH Network.
How do I get $WTWH Coin?
As we roll out the $WTWH coin, we’ll be focusing on some select brands and user groups. But don’t worry, if you want to participate you can also simply head over to the Rally.io network (where $WTWH coin trades) and buy. Simply pick up a Rally username and buy all you like.
We’ll also be rewarding Enews subscribers $WTWH coin for select brands. And in addition we’ll be rolling out a referral program where you receive additional $WTWH for every Enews referral you make.
What can I do with $WTWH?
Once you get some $WTWH coin you can use it for discounts on live events, associations memberships and swag to just name a few. The goal will also be to use it to get discounts on reports, training, and other educational opportunities at WTWH Media. And as an added bonus, holders of $WTWH receive rewards from the Rally Network.
As we develop the $WTWH coin rewards program, we’ll be looking for more ways to use $WTWH to reward you as a community member. If you have some ideas on how we could leverage $WTWH, please contact us here.
FAQs & More
Why a Community Currency?
The internet is changing and communities are discovering that embedding financial tools creates new ways to organize their activities and engage their members. The benefits for holding $WTWH will evolve based on your feedback and ideas.
Is this a cryptocurrency?
Technically it is. $WTWH is powered by Rally which runs on a sidechain to the Ethereum mainnet. This makes it possible to swap $WTWH for Rally tokens ($RLY), the Rally Network’s default ERC-20 token, and then convert that into any other cryptocurrency (like $ETH) or standard fiat currency (CAD). Although currently there are restrictions by regions, the technologies are evolving everyday to simplify participation.
Does the price of $WTWH fluctuate?
Yes. $WTWH fluctuates based on the supply and demand of the coin, just like any other real world or digital asset.
Does WTWH get any coins?
Yes. As the creator, we will be granted an allocation to do with as we choose. There is a period of time that it will take us to vest that allotment, but once we have them, we will be using them to reward both you and everyone at WTWH for helping to making this community even more vibrant.
Is this a pump and dump?
No way! It is not in our best interests for many reasons, but namely, it is not in our DNA to even think about something as thin and unrewarding as that. We have been building WTWH Media for over 15 years, and our foray into blockchain technology is purely to stick to our adage of ‘lead not bleed’ and see what value we can bring to our communities. People thought we were crazy for embracing social media in 2007 and look where we are today. We’ll see where this takes us and also adhere to our other promise of ‘removing risk where we can to allow participation’.
Last update April 12, 2022.