$WOB is the utility coin of the Wobblebug ecosystem. $WOB is earned by staking your MegaWob NFTs as an investment into Wobblebug's career.
The $WOB Token
We wanted to be the first mover in crypto and do something innovative. Many NFT-based tokens bear a resemblance to Ponzi schemes - enriching the earliest adopters at the expense of the latest ones. Wobblebug is the first tokenized musician’s career that allows you (the MegaWob backers) to directly support and share in Wobblebug’s success.
You can read about the tokenomics behind $WOB, the staking rewards and emissions plan, and more in the $WOB Tokenomics Overview which we will be unveiling shortly.
WOB IS A UTILITY TOKEN. IT IS NOT AN INVESTMENT, SHOULD NOT NOT BE VIEWED AS ONE, AND HAS NO MONETARY OR ECONOMIC VALUE.