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Token System

Our goal involves creating a system that combines accumulated points from various service companies. To achieve this, we will develop two types of tokens and establish a trading system for these tokens.

The first token is called the Service Token, which represents the accumulated points issued by affiliated companies. The second token is the WEBI token, which serves as a means for trading Service Tokens on our system.

The WEBI token is essentially a cryptocurrency that functions as the currency within our system. Once we expand our services to other areas including shared office, shared storage etc, users will be able to trade any differing accumulated service tokens with WEBI tokens.

Acquiring Service Tokens are the same as traditional mileage points.

After using or purchasing their products, Service Tokens are issued by affiliated companies and transactions using Service Tokens are recorded on the blockchain network.

Once we expand the ecosystem of where points can be used, users will have to acquire WEBI tokens in order to access other features, such as converting the tokens into other companies' Service Tokens or cash.

WEBI Token

There are multiple ways to obtain a WEBI token. Firstly, users can earn it by selling their earned Service Tokens through our website or mobile app. Secondly, it can be purchased directly from external cryptocurrency exchanges. Lastly, users have the option to transfer WEBI tokens individually amongst themselves.

As WEBI is a cryptocurrency traded on external crypto exchanges, its value fluctuates based on the supply and demand dynamics within the exchange.

WEBI Token -> Seed points Swap

The Webility project will allow users to swap WEBI tokens for XingXing's Seed points in order to redeem rewards at our service companies.

Seed points are XingXing’s personal point system where users can earn ‘Seed’ when they either use their scooters or when they go for walks (Walk2Earn).

You can earn WEBI tokens by utilizing other services provided by Webility, by staking your purchased kickboard NFT, and through various airdrops and events.

Seed points Usage

Currently, you can use Seed points at various stores such as cafes, restaurants, and convenience stores, etc

The Webility project plans to expand the network of partners and service companies in order to offer more benefits to users.

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