Disruptive Use of Tokens

Disruptive Use of Tokens

Use of Tokens

WSW Token Solution

01

Tokens do not expire and remain with the user, allowing accumulation over time.

02

Tokens can be rewarded to users for participation and engagement in the app.

03

Studios can accept tokens, not primarily for trading, but for utilizing their value to incentivize rewards for users joining classes, creating challenges, and referring new members.

04

The token holds value that appreciates over time.

05

The token can be used for various systems, such as accessing classes, events, and receiving discounts on retreats.

06

Tokens can also be used to reward users for attending wellness activities and to incentivize more users to attend classes.

Disadvantages of Class Pass

01

Credits expire after one month.

02

Credits can only be purchased in fixed amounts.

03

Credits are bought at a higher price than the revenue the studio receives.

04

Credits, once with the studio, take time to redeem into fiat currency.

05

Credits hold no value and can only be used for class access.