$WATRFALL is the primary utility token of the Watrfall platform. It's essential for participating in governance, earning rewards, and will be used for future platform services.

$WATRFALL tokens are currently available on Uniswap, with plans to expand to other decentralized and centralized exchanges in the near future. Always ensure you are using the correct token contract address.

The total supply of $WATRFALL tokens is fixed at 1 billion (1,000,000,000). There are no plans for inflation, ensuring a predictable token economy.

Royalty Tokens represent fractional royalty rights in a specific film or television project funded through Watrfall. Owning an Royalty Token for a particular film means you are entitled to a share of that specific film's profits.

Royalty Tokens represent fractional royalty rights in a specific film or television project funded through Watrfall. Owning a Royalty Token for a particular film means you are entitled to a share of that specific film's profits.

You can purchase Royalty Tokens for a specific film during its funding stage on the Watrfall platform after it has been selected for funding.

As a Royalty Token holder, you receive a share of the net profits generated by the specific film your tokens represent. These royalties are distributed periodically in $WATRFALL tokens.

Yes, Royalty Tokens are designed to be tradable. We plan to launch the Watrfall Exchange where you can buy and sell Royalty Tokens.

Securities that were voted as the winner during the proposal phase will be then be marked with a status of "Upcoming". When a security is set to "Live", you can purchase fractional royalties while quantities last. After the security is sold out or when the campaign is over, the security will be marked as "Archived". Please note that securities could be marked back as "Live" again if the campaign is extended, and still has available supply.

You can earn rewards by committing your $WATRFALL tokens to the Watrfall rewards program through staking. This signifies your active participation in the platform.

Rewards for committed $WATRFALL come from two sources: a dedicated rewards pool (200 million $WATRFALL tokens initially) and a share of platform fees and profits generated by all films funded through Watrfall.

The APY (Annual Percentage Yield) is dynamic. While there is a base APY from the rewards pool (the FAQ in the whitepaper stated users can expect a base APY of 10%, and the maximum APY is capped at 50%), the actual yield can increase significantly based on the success of films funded through the platform and the total amount of $WATRFALL committed by all users.

To be eligible for the film-based revenue distribution portion of the rewards, your $WATRFALL tokens need to be committed for a short period (e.g., 3 days before distribution). You can choose to withdraw your tokens, but doing so might affect your eligibility for certain reward distributions for that specific period.

Rewards from the rewards pool are accrued automatically, while rewards from film performance are planned for quarterly distribution.

Films can be selected via two streams:

Stream 1: Chosen by the Watrfall Board of Governors, receiving a portion of Treasury funding.
Stream 2: Chosen by community vote (those committing $WATRFALL tokens), without direct Treasury funding. Both streams then proceed to a Royalty Token sale to fund the remainder of their budget.

Creators can submit their film proposals through our platform, specifying details like the required budget, script, team, etc. Ensure you meet the minimum operational threshold, including the creator's initial funding contribution.

To qualify for consideration, film creators must provide 25% of their film's required budget. They can also apply to a Third-Party Initial Financing Funder (TIFF) if they need assistance with this portion.

Profits are distributed based on a pre-defined structure. Generally, the film creator/initial funder, the filmmakers/talent, IP Token holders for that specific film, and the Watrfall Treasury (which tops up the $WATRFALL rewards pool) all receive a share. A platform fee is also taken, which is channeled back to $WATRFALL participants.

Voting rights are granted to users who commit their $WATRFALL tokens. The base mechanism is "One Token = One Vote," but we may explore other models like quadratic voting to ensure fair representation. Voters who have shown a track record for voting on successful projects will earn Reputation tokens, which further boost their voting power.

Primarily, you can vote on which film and television proposals get selected to proceed to the funding stage. You may also vote on other platform-centric decisions and development initiatives as the need arises.

Voting power is the amount of votes you have for a proposal on a 1:1 basis. Your voting power is determined by the number of $WATRFALL you have at the beginning of a proposal's voting period. Thus, you could have different voting power for each live proposal.

Yes, you can change your vote until the voting period ends - it will simply override your last vote. Afterwards, you will not be able to change your vote.

Watrfall TV is our planned decentralized Watch platform. The goal is for $WATRFALL tokens to be integrated for subscriptions and other interactions, allowing you to watch content, including films funded through our platform.

The Watrfall Exchange is a planned marketplace where users will be able to buy and sell Royalty Tokens, providing liquidity and trading opportunities for these unique film-specific assets.