WCT and On-Chain Esports Prize Distribution System
WCT has collaborated with the on-chain esports competition platform to develop a prize distribution system, where competition prizes are instantly distributed to players' wallets in the form of WCT. The distribution records are on-chain and immutable, allowing players to directly exchange WCT for fiat currency or use it for consumption on the platform (such as purchasing equipment or registering for competitions). After the system went live, the prize distribution time was shortened from an average of 3 days to 10 minutes, with player satisfaction increasing by 90%. A certain esports competition attracted 5,000 players, with a total WCT prize distribution of 100,000 tokens. The esports prize system has enabled WCT to achieve efficient value circulation in the esports field, leveraging the high attention of esports to enhance the token's liquidity and acceptance among the younger user demographic.