> For the complete documentation index, see [llms.txt](https://web3shot.gitbook.io/web3shot/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://web3shot.gitbook.io/web3shot/tokenomics/usduw3s.md).

# $UW3S

UW3S is designed to be the only utility token in the ecosystem, with a total supply of 10 billion. The rationale for this utility token is tied to the monetization capabilities of the Web3Shot platform

Token Contract: 0x961E149Db8bFBDb318c182152725ac806D7BE3f4

## Token Utility

UW3S is allocated based on users' in-app tasks. Specifically: 

* Quizzes, allowing users to learn and understand the web3 concepts in different scenarios and earn in-app GEMs. 
* Competitions, rewarding users with attractive prize pool, based on intense leveling mode and daily quizzes results. 
* Referral, encouraging users to spread the word and invite acquaintances.

## Token Spending Mechanism

For the sustainability of the gamification experience, a token spending mechanism has been designed into the system. 

* **In-App Spending** 
  * Use UW3S to acquire activities rights, virtual assets and properties, enhanced experience payments, and premium features.
  *  The first use case of UW3S would be the payment for Web3Shot Passport.