WINkLink (WIN)
The First TRON Ecosystem OracleWINkLink is the first decentralized oracle on the TRON network, which aims to integrate the real world with the blockchain space. The project aims to provide reliable data feeds to enable smart contract execution. WINklink Oracle allows developers to connect to any real-world data, and connect smart contracts with the real-world data feeds.
WIN is the native utility token of the platform, and has the following use cases:
- Node incentives: Nodes that provide reliable, trusted data will be rewarded with WIN tokens.
- Network payment: Developers will pay nodes with WIN tokens to request for trusted data.
WIN tokens are TRC-20 tokens running on TRON. WIN tokens are used to incentivize participation from developers and nodes.
1. What is WINkLink (WIN)?
- WINkLink is a decentralized oracle network that aims to integrate the real world with the blockchain space. The project aims to provide reliable data feeds to enable smart contract execution. WINklink Oracle allows developers to connect to any real-world data, and connect smart contracts with the real-world data feeds.
2.Participating in WINkLink's ecosystem.
- Users may participate in the WINkLink ecosystem through the following activities:
- Deploy of WINkLink smart contracts, and running a node on the network.
- Integrating WINkLink's pricing feed in the DApp development.
- Learn more about WINkLink's architecture and development here.
3. Use cases for WINkLink Oracle
Using WINkLink to provide trusted-priced data for the DeFi platform.
- Decentralized financial applications require token swaps and loan collateralization processes to provide prices, and WINkLink has a built-in price prediction system.
More application scenarios require trusted off-chain data.
- Allows developers to use real-world data, including but not limited to weather, sports, betting, and more. WINkLink helps to connect smart contracts to the real world.
4. Economics and supply
| Token Name | WIN |
|---|---|
| Token Type | TRC-20, BEP-2 |
| Seed Sale Allocation | 15.00% of tokens |
| Seed Sale Token Price | $0.00006673340 |
| Seed Sale Date (Completed) | April 2019 |
| Amount Raised Seed Sale | $10,000,000 |
| Launchpad Sale Allocation | 5.00% of Tokens |
| Launchpad Sale Price | $0.0001201 |
| Launchpad Total Allocation | $6,000,000 |
| Initial Circulating Supply | 20.99% |
The token supply distribution is as follows:
- Reserve comprises 3.75% of total supply.
- Launchpad comprises 5.00% of total supply. The sale was conducted in July 2019 for a total raise of ~$6.0MM USD worth of BNB at ~$0.0001201 per token for 5.0% of the total token supply.
- Platform Development comprises 7.00% of total supply.
- Gaming Partnership comprises 9.00% of total supply.
- Strategic Partnership comprises 6.25% of total supply.
- Airdrop comprises 5.00% of total supply.
- Initial Community comprises 12.00% of total supply.
- Seed Sale comprises 15.00% of total supply.
- Team comprises 10.00% of total supply.
- Ecosystem comprises 27.00% of total supply, it was conducted in April 2019 and raised a total of $10.0MM at ~$0.00006673340 per token.
WIN token distribution
Token governance and use of funds
As of July 18th 2019, the WINk team has not used any of the funds that had been raised. However, projected 18 month cash burn is approximately $5MM and any funds raised will be spent according to the following allocations:
- [5%] Partnerships and community development.
- [15%] Marketing.
- [55%] Team FTE costs.
- [3%] Product development.
- [4%] Equipment and software.
- [13%] Legal and license.
- [5%] Operational costs.
According to the team, funds are being held a multi-signature cold wallet.
WIN token release schedule
The following chart represents the number all WIN tokens, along with its breakdown, that are intended to be released into circulation every month.
5. Project team
Community and social channels
Telegram | 4.2K Members
Reddit | 125 Members
Twitter | 25.3K Followers