> For the complete documentation index, see [llms.txt](https://white-basics-2.gitbook.io/white-basics-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://white-basics-2.gitbook.io/white-basics-docs/tokenomics/role-in-the-ecosystem.md).

# Role in the Ecosystem

The $WB tokens form the basis of White Basics' internal economy and business model. They serve as a universal internal currency of the platform and are accepted as a means of payment by all White Basics users and partners.

The $WB token is an efficient payment method, internal currency, reward unit, and key to the broad White Basics ecosystem.

It performs extended functions, serving as a universal financial instrument for White Basics.

<table><thead><tr><th>WB</th><th>Purpose</th><th width="311.02734375">Role</th></tr></thead><tbody><tr><td>Utility token</td><td>Open the platform to the community</td><td>$WB token as an access key to all platform functions.</td></tr><tr><td>Medium of circulation</td><td>Create White Basics economy</td><td><ol><li>$WB as a measure of value: all rates, fees, prize pools, commissions, and NFT prices are denominated in it.</li></ol><p>2. $WB as a medium of exchange: the token serves as a means of payment for any transactions within the platform. $WB has high liquidity and can be instantly exchanged for cryptocurrency through the BCO smart contract, on DEX exchanges immediately after the Community Sale, and on CEX exchanges after listing.</p><p>3. $WB as an investment instrument.</p></td></tr><tr><td>Fund Token</td><td>Finance White Basics platform development</td><td>Attracting funding through the sale of the initial emission will dramatically accelerate the expansion of the White Basics universe.</td></tr></tbody></table>

Thanks to the built-in functions of $WB, White Basics users can independently conduct economic activities on the platform.

Tokens allow significantly reducing transaction costs and fairly distributing asset flow among all White Basics users.


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