Winerz is a blockchain technology enabling skill based wagering mechanics to any competitive game.
It uses a token-based economy to reward players for winning in games of skill between other opponents.
The technology solution is a web-based platform that enables players to wager and then input their battle results to win the pot.
$WNZ is primarily used as a transfer of value within the Winerz ecosystem, driven by three pillars:
• Head-to-Head platform: the web-based technology platform enables competitive 1v1 play of traditional head-to-head games.
• Staking & Rewards: staking is designed to reward participants who lock their $WNZ tokens while providing much needed liquidity to the DEX pool. In return, they are given $WNZ from the staking reserve.
• NFT Marketplace: users can trade and collect Winerz NFTs, allowing additional bonus payout in the Winerz ecosystem.
The utility of $WNZ is:
• Paying player entry fees (bets)
• Purchasing and selling Winerz NFTs
• Rewarding players for winning (play-to-earn)
• Participating in platform profit sharing
• Staking and earning additional WNZ tokens