WCT's Application in Decentralized Art Training Institutions
WCT has begun to be applied in decentralized art training institutions, where students can stake WCT to secure course slots (stake amount = 50% of course fee), tuition can be paid using WCT (enjoying a 10% discount), and the auction proceeds of outstanding students' works are shared in WCT (students 60%, institution 40%). After a certain painting training institution integrated WCT, the student retention rate increased by 50%, the auction transaction amount of works grew by 80%, and the proportion of payments made with WCT reached 35%. The application of art training allows WCT to demonstrate its value in the cultural education sector, enhancing the appeal of holding the token through the appreciation of art works.