> For the complete documentation index, see [llms.txt](https://litepaper.newwit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://litepaper.newwit.com/tokenomics/wisdom-usdwis.md).

# WISDOM ($WIS)

WISDOM ($WIS) is an ERC-20 token and has a maximum supply of **1,000,000,000.** It is the governance and business tokens of Newwit.

### $WIS- token tap

* Ranking rewards in the contribution leaderboard
* Participating in special Newwit tasks
* Other in-game/ community initiatives
* Token-generation event (e.g. public sale)

### $WIS- token sink

* Minting of NFTs and other game tools(owls, outfit, lootbox) in the Newwit marketplace
* Upgrade/Level Up of prophet character (all levels)
* Improve "Ability" attributes of the prophet characters
* Subscription to Newwit AI/Data Analytics
* Subscription to Newwit Top Predictors Premier content (blogs/livestream)
* Unlock premium functions (Private group prediction tournament/ peer-betting)
* Entitled to staking interests and revenue distributions&#x20;
* Participation in Newwit DAO governance


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