🐾 WagszOfWelly – FAQ

❓ What is Blockchain?

Think of blockchain as a huge digital notebook that everyone can see and nobody can secretly change...

❓ What exactly is an NFT?

NFT = "Non-Fungible Token" = a unique digital collectible...

❓ What is a DAO?

DAO = "Decentralized Autonomous Organization" – the community decides...

❓ How do I earn if I hold an NFT?

You collect Community Points by staking, attending events, or active participation. You can exchange these points for merch, access to exclusive projects, or digital collectibles – but not cash.

❓ Why do we need a Welly Restaurant or Wagsz Café?

We want to experience blockchain not only online but also in real life...

❓ Why should I buy your NFT?

Because you get not only an image but full IP rights, exclusive access, and community power via the DAO 👉 Learn more on our Why Wagz page.

❓ What rights do I have to my NFT?

You have full IP rights. If we use your NFT for marketing, you will be fairly compensated in stablecoins.

❓ What is Shibarium and why do you use it?

Shibarium is a Layer-2 network on Ethereum – faster, cheaper, and more efficient than Ethereum alone.

❓ How do the Creator Fees work?

Instead of classic creator fees, we have a 5% Community Fee: 40% goes to artists & devs, 60% into the treasury.

❓ What if the roadmap isn't followed exactly?

Our goals are ambitious 🚀, but depend on mints & community power. Starting point: Welly Restaurant at 5,000 mints.