Hi. Bought some dip, averaged down. seems like price recovered a bit.
Are there any ways do earn passive income from the tokens?
They have very interesting plan about the future of this token when this will get mass adoption than they will make all deal through this token. I think this will provide opportunity to generate passive income and it will drive more people to invest in it.
As far as I remember, the MWAT token does not provide for the receipt of passive income. Holders of a token should receive profit because of growth of its price when it becomes very demanded.
The MWAT tokens will generate KW tokens for the holders of MWAT on the RED platform which will be filled with kWh from the community energy pool. The energy within these KW tokens can be traded on the platform. Additionally, the MWAT tokens can be rented out to Franchisees.
number of tokens that will be present on the market be constant? I know that some projects burn their tokens to increase their value.
Hey Vyachel.
The total supply is 500 M MWAT.
The circulating supply could vary due to the number of tokens that will be stacked by franchises.
It would differ if people opt-in for a franchise as this will remove their holdings from the circulating supply.
Of course, the number of the available tokens will decrease as the as the global expansion of RED will continue.