BlockWRK on BNB Chain

Introducing BlockWRK (WRK): A New Arrival on the BNB Chain

Welcome to the detailed profile of BlockWRK (WRK), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, BlockWRK (WRK) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about BlockWRK (WRK) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about BlockWRK (WRK) and find answers to some frequently asked questions.

Token description

###What is WRK? WRK is an ERC-20 token that is one of the world's first federally approved cryptocurrencies - issued under blockWRK’s 2019 license from the Bermuda Minister of Finance. ###What is blockWRK? blockWRK uses WRK-powered smart contracts and the blockWRK app to allow employers to automatically reward workers in real-time as soon as daily goals have been achieved. Each month, companies are required to purchase a certain amount of WRK based on the total number of employees they have using the blockWRK app. Employees earn WRK by using the app to complete daily fitness goals set by their employer and doing in-app daily safety checks to help avoid worksite safety violations. Each month the employer’s WRK pool is distributed to employees who can choose to hold their WRK as savings (earning HODL bonuses) or spend it using their blockWRK Visa debit card. Employees can also set a portion of their paycheck to be paid in WRK each pay period. The blockWRK app also contains free mental health counseling and orthopedic injury telehealth services, as well as cash advances on their next paychecks with 0% APR (just a single low flat fee), helping employees avoid abusive overdraft fees and paycheck loans to cover unexpected expenses. ###WRK Distribution blockWRK distributes a maximum of 165 million WRK tokens each month from the distribution pool (which contains ~9.8 billion WRK) in order to manage the growth of the network and ensure a 5-year distribution timeline. Once all WRK tokens have been released from the blockWRK supply, employers will only be able to acquire WRK by accepting it as payment or by purchasing in the open market, creating a self-perpetuating fully decentralized system. When all tokens have been released, employers will need to independently acquire WRK each month in order to perpetuate their use of the blockWRK platform. As businesses compete to purchase WRK, they are incentivized to buy and hold WRK on their balance sheets, and to accept WRK as payment for whatever goods and services they provide. ###Related pages: Buy WRK at Bithumb Global: https://www.bithumb.pro/en-us/spot/trade?q=WRK-USDT Visit the blockWRK website: www.blockwrk.io Read our white paper: https://www.dropbox.com/s/s07js24y87okcjm/blockWRK%202021%20White%20Paper.pdf?dl=0 Check out our press coverage: https://finance.yahoo.com/finance/news/blockwrk-raises-2-million-launch-142317665.html https://bitcoinist.com/blockwrk-app-set-to-allow-companies-to-improve-employee-productivity-with-instant-cryptocurrency-rewards/ https://markets.businessinsider.com/news/stocks/blockwrk-the-first-blockchain-employee-goal-management-and-incentivization-application-launches-to-us-employers-1030639092