WeCoOwnPrice

(WCX)

WeCoOwn (WCX) is a reward token linked to the WeCoOwn platform. The platform itself is designed as a social posting hub for buyers and sellers, specifically focusing on facilitating the co-ownership of various properties and assets. Its main purpose is to enable individuals to connect with others interested in joint purchases and sales, offering tools for property booking and comprehensive management. This aims to simplify the process of co-owning assets.

Users can earn WCX tokens by engaging in a range of activities on the WeCoOwn platform. These include registering as a platform member, listing properties or assets, and making valid posts. Further opportunities involve contributing insightful due diligence comments, forming and leading buyer groups for co-purchases, and serving as approved Regional Directors. Additionally, qualified affiliate marketers can also earn WCX tokens for their participation and contributions to the platform's growth.

WCX tokens serve multiple utility functions within the WeCoOwn platform. Users can utilize WCX to upgrade their platform memberships, pay for access to the online Property Booking & Management System (PBMS) SaaS tool, and promote their property listings for increased visibility. They can also subscribe to various property management services using WCX. Furthermore, the tokens facilitate direct payments between users for various platform-related transactions, enhancing the internal economy of the WeCoOwn ecosystem.

The WeCoOwn project is led by Ralph Liu, who is identified as the CEO of WeCoOwn, Inc. Regarding its funding, the project has not engaged in and has no plans for an Initial Coin Offering (ICO) or any other form of public token sale to raise capital. According to its whitepaper, the entire development of WeCoOwn has been internally financed, indicating a self-funded approach rather than relying on external public investment.

Within the WeCoOwn ecosystem, there's a specific "WCY NFT Minting Token" that plays a role in the integration of Non-Fungible Tokens. The platform discusses the concept of fractionalizing NFTs and linking them to physical assets, suggesting a mechanism for representing ownership or aspects of co-owned properties through digital tokens. Comprehensive details about this and the WCX Reward Token are available in WeCoOwn's whitepapers, which are provided in multiple languages including English, Russian, and Chinese.

Yes, the WCX token is built on and adheres to the ERC-20 token standard, indicating its compatibility with the Ethereum blockchain ecosystem. Furthermore, for enhanced user accessibility and convenience, the WeCoOwn platform offers working mobile applications. These applications are readily available for download and use on major mobile platforms, specifically through both the Apple App Store and Google Play.