WGRT, the governance token of the WaykiChain - The reason behind my investment.
When I ask myself about where I am going to invest, I come across a simple formula that I suggest others to follow, and that's based upon the quality. And that's where the Crypto industry is an obvious goal for me. And that in particular with WGRT.
A little intro to what it is based around. A decentralized and secure stable coin platform requires a group of 'governors' to maintain its operations. For WaykiChain, WGRT is the governance token of the WUSD stable coin. So if I have WGRT with me, I become a governor.
The thing that sets WaykiChain apart from other stable coins is having its very own WUSD as the underlying public chain stable coin.
Now it also has another coin which is called WICC, which has its own set of governors. To bridge the two economies, WGRT is used as a reward during the voting of supernodes in WICC.
And by the way, any governor that meets the system requirements can submit proposals, which could change how the system works. Of course, a proposal has to go through a series of steps to be passed as a new implementation. The community will ultimately decide if a proposal should be passed via voting.
The total number of issued WGRT is 21 billion, and the initial value will be $0.01. In the following weeks, WaykiChain will likely get this coin listed in the exchange, so there is a lot to look forward to for everyone.