Wen was launched on HotsCoin on January 31. The Wen project used an innovative method to divide @weremeow's poem "A Love Letter to Wen Bros" into trillions of parts and trade them on the Solana blockchain in the form of fractional NFTs. . Each Wen token represents a proportional ownership stake in Meow’s poem, bringing an unprecedented experiment in cultural creativity to the Solana community. WEN is currently open for trading on HotsCoin.
Background of the project:
Breaking through the limits of Solana: Wen was born to challenge the technical limits of the Solana blockchain and become the first community currency based on fractional NFT.
Jupiter landfill gas launch pad: The project innovatively conducted its first official launch at the Jupiter landfill gas launch pad, marking a unique exploration of environmental protection and technology.
WNS NFT Standard: Wen also created the first NFT minted based on the WNS NFT standard, which is designed to be collaboratively scalable by community members.
Broad distribution: Wen tokens are evenly distributed to over 1 million active Solana wallets, ensuring broad community participation and ownership.
Token Economics:
Original total supply: 1 trillion tokens.
Airdrop: 70%
Liquidity pool: 20%
Ministry of Finance: 10%
Wen Foundation:
The Wen Foundation is committed to giving back to the Solana community and does this by supporting public product development and promoting Solana's uniqueness. The foundation’s first contribution is Wen New Standard (WNS), an open source NFT standard designed to be extended by community members.
Early contributors:
Early contributors have no team assignments or compensation. 70% is allocated to community airdrops and 30% is allocated to LP/strategic reserves, with the core focus being on giving back to the Solana community.
Conclusion:
The Wen project is unique not only in its experimental nature of cultural creativity, but also in its technological innovation and contribution to the Solana ecosystem. As a project that values openness and community collaboration, Wen has breathed new life into the Solana community with the introduction of fractional NFT and WNS standards. As the project grows, Wen is expected to continue to be a visible member of the Solana ecosystem.