wagmihub
  • πŸ‘‹Introduction
  • 🚩Problem
  • πŸ’‘Solution
  • βš™οΈFeatures
  • πŸͺ™Token
    • πŸ“ŠTokenomics
    • ⏳Vesting Schedule
    • πŸ› οΈToken Utility
  • ⛓️WAGMI Chain
    • Resources for EVM Development
    • Adding WAGMI Chain
    • Adding WAGMI Chain to MetaMask
    • Hardhat Config for WAGMI chain
    • Wagmi Config for WAGMI chain
    • Do I need WAGMI for gas?
    • Deploy smart contracts
    • Developing the UI
    • Add Network Button Example
    • FAQ
    • Support
  • πŸ—ΊοΈRoadmap
  • πŸ’ΌBusiness model
  • πŸ‘₯Socials
  • πŸ‘¨β€πŸ’»Team
  • 🀝Partners
  • πŸ“œLegal Notice
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Business model

The WAGMI HUB business model is designed to create a sustainable and thriving ecosystem.

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Last updated 4 months ago

The WAGMI HUB business model ensures a sustainable ecosystem by connecting users, platform activities, and engagement-driven mechanisms while enhancing user participation.


Core Components

  1. WAGMI App

    • The central hub where users interact with all features, including structured trading mechanics, tournaments, and token-related activities.

    • Connected to both custodial and Web3 wallets for seamless user experiences.

  2. Referral System

    • Users can unlock benefits by referring others, incentivizing organic platform growth.

    • Integrated with an Affiliate Program for advanced network-building opportunities.

  3. Web3 Wallet

    • Supports on-chain structured trading, swaps, and staking activities.

    • Allows seamless interaction with blockchain functionality, earning platform points and facilitating transactions.

  4. Custodial Wallet

    • A beginner-friendly solution for users unfamiliar with Web3 wallets.

    • Connects to on- and off-ramps for fiat-crypto conversion, supporting platform inclusivity.


Revenue Streams

  1. Transactions

    • Fees from token-related activities, including swaps, staking, and structured trading mechanics.

  2. Platform Ads

    • Revenue from sponsored ads promoting projects or tokens on the platform.

  3. Token Highlighting

    • Premium services to feature specific tokens in token info updates or campaigns.

  4. Partnerships

    • Collaborations with other projects to drive ecosystem growth and expand platform reach.


Engagement Mechanics

  1. Daily Quests & Boosts

    • Encourage regular user engagement through gamified tasks and interactive incentives.

    • Encourages platform activity and long-term participation.

  2. Meme Battles and Tournaments

    • Competitions where users contribute tokens or participate for platform-based incentives.

    • Votes and tickets drive participation and support platform growth.

  3. Tribes

    • Social communities enabling users to collaborate and compete for shared goals.

  4. Copy Trading

    • Allows users to follow successful trading strategies within clans, enhancing learning and strategy optimization.


Advanced Features

  1. Gem Finder (AI + Votes)

    • AI-powered tools combined with community votes to identify emerging opportunities.

    • Users can participate and vote on discoveries, enhancing decision-making.

  2. AI Assistance

    • AI tools support trading decisions, enhance user experience, and streamline platform navigation.

  3. Binary Options (On-Chain & Off-Chain)

    • Comprehensive strategy-based trading options catering to both blockchain and traditional markets.


Token Dynamics

  1. $GMI Token

    • Central to platform economics, used for staking, transactions, and unlocking platform benefits.

    • Drives the reward pool, which incentivizes users through vesting and staking mechanics.

  2. Coins/Points

    • Earned through activities like farming and daily quests.

    • Can be converted into $GMI tokens or other rewards, promoting ecosystem activity.

  3. Reward Pool

    • Distributes staking rewards, tournament prizes, and other incentives.


Ecosystem Flow

  • Users enter via the WAGMI App and choose either the Web3 Wallet or Custodial Wallet path.

  • Participation in activities like structured trading, meme battles, or quests generates transactions, which contribute to the platform ecosystem.

  • Revenue is reinvested into the ecosystem through staking rewards, token highlights, and partnerships.


Onboarding & User Retention

  • Referral System: Drives user acquisition with participation-based incentives.

  • Daily Engagement: Gamified tasks like quests ensure consistent platform interaction.

  • Community-Driven Features: Tribes and clans encourage group activities and loyalty.

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