This token is built on an open source, transparent and decentralized platform called ‘Ethereum’ that handles the security and hosting of WyBTC. Long term goals include building and migrating to our own blockchain with high privacy and untraceable transactions.The WyreBitcoin tokens also referred to as utility tokens, aim to provide an alternative to Bitcoin wherein sending or trading the tokens requires a gas fee.
General description
WyreBitcoin will be released on the basis of Ethereum platform and fully comply with ERC20* standard.
Support of this standard guarantees the compatibility of the token with third-party services (wallets, exchanges, listings, etc.), and provides easy integration. Herewith, the use of WyBTC token is not limited to just the platform ecosystem.
Functions of WyBTC tokens
- Bets and remunerations in game rooms and disputes
- Remuneration for a certain activity (player of the day, player of the month, etc.);
- Payment of game developers’ remuneration;
- Payment of remuneration to digital content copyright owners;
- Payment of remuneration for partner programs.
- It can also be found in the following Blockchain Explorer:
https://blockscout.com/xdai/mainnet/token/0x2B9aC6dC32D91215aFb6757d88afadfb1B456c86/token-transfers
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