The Power of the WTC Token
The Sparkshare community’s digital currency is always backed by fiat at a guaranteed buyback value, ensuring security and trust. Every transaction is fully transparent, with a detailed log securely stored in the Sparkshare Cloud. These tokens come with built-in stability, being backed by fiat currency at a guaranteed buyback value. Over time, the difference between the sale price and the buyback price accumulates as revaluation reserves, driving long-term value growth. Additionally, the token ecosystem benefits from a network effect: the more transactions that occur, the higher the token’s value.
All WTC token holders are members of the SparkShare community, where, under agreed conditions, they share the right to use electrical energy.
Each charging station owner actually generates their own tokens by supplying energy, in the same way that electrical energy can be converted into any other form of mining (WTC, ETH, …).
An EV driver who is charging transfers their tokens to the charging station owner. The core idea is not selling, but the continued use of tokens within the network so that the station owner can charge at other members’ stations at the same price at which they provide energy to others.
All chargers are equally calibrated, ensuring a fair exchange of energy rights.