👋Introduction

WOOF Token is for the Web3 Economy. Culture has found new expression in web3

WOOF Token is a Multi-Chain ERC-20 governance and utility token used within the WOOF Labs ecosystem to empower a decentralized community building at the forefront of web3. The possibilities for blockchain’s impact on culture are so endless that they can’t possibly all be predicted yet. WOOF is a token made to support what’s next, controlled and built on by the community. It will serve as a decentralized protocol layer for community-led initiatives that drive culture forward.

As the open-source protocol layer of the ecosystem, WOOF Token serves several purposes:

NFT Trading on Open Waters at 0% Marketplace fees

WOOF token can be used to buy and sell NFTs on CoreDAO Blockchain on WOOF Labs Native NFT Marketplace Open Waters at 0% Marketplace fees

Unification of Spend

WOOF Token is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries.

Incentivization

WOOF Token is a tool for third-party developers to participate in the ecosystem by incorporating WOOF into services, games, and other projects.

Multichain

WOOF is a multichain token and can be traded on both CoreDAO and zk Sync ERA blockchain with a single total supply of 5.7 Million tokens shared by both the chains.