$AWD Utility

$AWD is the native utility token of the AnyWorkDAO platform, deployed on the Ethereum network as an ERC-20 token.

It is designed to facilitate seamless transactions, incentivise participation, and enhance governance within the ecosystem. Users of the platform can transact in both $AWD and ETH, providing flexibility for freelancers and clients.

1. Payments for Freelance Work

  • Clients can pay freelancers using $AWD or ETH, with reduced transaction fees for $AWD payments.

  • Enables instant, borderless payments without intermediaries.

  • Supports smart contract-based escrow, ensuring secure payments upon project completion.

2. Staking & Rewards

  • Users can stake $AWD to earn passive rewards and unlock premium platform features.

  • Clients staking $AWD receive discounted service fees on transactions.

  • Freelancers who stake $AWD gain higher visibility in job listings and premium access to AI tools.

3. DAO Governance Participation

  • $AWD holders can participate in platform governance, voting on proposals such as fee adjustments, feature implementations, and ecosystem funding.

  • Introduces community-led decision-making, ensuring a decentralized platform evolution.

4. Access to Exclusive Platform Features

  • Priority job matching for freelancers with a $AWD balance.

  • Unlocks premium AI tools, including enhanced workflow automation and analytics.

5. Freelancer & Client Incentives

  • Clients receive cashback rewards when paying in $AWD.

  • Freelancers earn bonuses for completing high-quality projects in $AWD.

  • Referral rewards for users who onboard new freelancers and clients using $AWD.

6. NFT-Based Work Credentials & Identity Verification

  • Users can mint NFT resumes and verified work histories using $AWD.

  • Enables blockchain-based certifications for skills and completed projects.

7. Marketplace & Additional Web3 Use Cases

  • $AWD can be used in the WorkFi ecosystem, including NFT-based professional tools and Metaverse job listings.

  • Will integrate with future cross-chain expansions, allowing interoperability with other Web3 platforms.

Last updated