Token Economy

1. Service

WE-AI

WE-AI is a node program that performs distributed AI processing by utilizing idle resources of personal PCs, and provides WEBI tokens as a reward to suppliers (users) who provide GPU idle resources.

Demanders (users) who want to utilize WE-AI's Gen AI service can use the free Basic version and the paid Advanced version. When using the Advanced version, the subscription fee is settled with WEBI tokens or legal currency.

WEBIL NFT

It is a sharing economy NFT market that generates additional income by issuing goods and services corresponding to the sharing economy as NFTs. Suppliers (users) issue surplus resources as NFTs and receive WEBI tokens in return.

Demanders (users) can use the service by purchasing desired NFTs with WEBI tokens, and a certain WEBI token fee is incurred when issuing and trading each NFT.

NFT Certification

It is a service that verifies the effectiveness of sharing economy NFT products and issues certificate NFTs. Users who purchase NFTs can view the certificate NFTs. Users who want to use NFTs for authentication purposes in other services besides the Webility service can purchase the desired certificate NFTs with WEBI tokens.

2. User

Within the Webility service ecosystem, users are divided into providers who provide services and receive WEBI tokens, and consumers who pay WEBI tokens to use services.

Supplier

• In the WE-AI service, a provider means a user who provides idle GPU resources.

• In the WEBIL NFT service, suppliers refer to users who want to commercialize unused surplus goods and services and issue them as NFTs.

Demander

• Consumers in the WE-AI service are divided into general users who want to use the Gen AI Advance version and companies/research centers who want to use distributed AI processing programs.

• In the WEBIL NFT service, a consumer means a user who wants to purchase a sharing economy NFT and use the service of the NFT.

• In NFT Certification, a provider refers to a user who issues their services/goods as NFTs and issues a certificate NFT accordingly to use them for authentication in other services besides the Webility service.

3. WEBI Token

Users who receive rewards in WEBI tokens by providing GPU idle resources of their personal PCs can exchange WEBI tokens one-on-one with Seed Points through the Webility Swap service and use them as cash at affiliates or convert them into cash through exchanges.

Users who want to register products or services in the WEBIL NFT market require a certain WEBI token fee for NFT minting, and when the NFT is sold, the corresponding price is paid in WEBI token.

Users who want to purchase WEBIL NFTs and certificate NFTs can purchase NFTs with WEBI tokens, and certain WEBI tokens are generated as a fee when trading NFTs.

WEBIL NFTs and certificate NFTs will support payment in fiat currencies as well as WEBI tokens in the future.