Market cap
$7.9M
Volume (24h)
$39.11K
Circulating supply
24,700,600 UW3S
Total supply
10,000,000,000 UW3S
Max. supply
10,000,000,000 UW3S
Utility Web3Shot (UW3S)
$ 0.32
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Key data
updated $0Market cap$7.9M
Volume 24h$39.11K
Circulating supply24.7M0% of max 10B
Utility Web3Shot (ticker UW3S) is a utility token built around the Web3Shot ecosystem, which focuses on Web3 education and skill verification. In simple terms, UW3S is used to pay for courses, exams, and certification services within the platform, and can also serve as a reward mechanism for learners. It's essentially the internal currency that keeps the platform's learn-and-earn mechanics running.
Frequently asked questions
What is Utility Web3Shot (UW3S) and how is it different from Bitcoin?
UW3S is a utility token, not a store-of-value asset like Bitcoin. Its purpose is practical: it powers transactions, payments, and rewards inside the Web3Shot learning platform. Bitcoin is a standalone blockchain, while UW3S is designed to function within a specific ecosystem.
How does the technology behind UW3S work?
UW3S is issued as a token on an existing smart-contract blockchain, so it doesn't maintain its own network of miners or validators. Transactions are processed and secured by the underlying chain's consensus mechanism. This makes transfers fast and cheap, since the token inherits the host network's infrastructure.
How is the supply of UW3S structured?
The total supply of UW3S is fixed by the token's smart contract, which is publicly verifiable on-chain. Distribution typically covers ecosystem rewards, platform operations, and community incentives. Because it's a utility token, the design prioritizes circulation within the platform rather than scarcity-driven speculation.
Where and how can you store and use UW3S?
Since UW3S is an on-chain token, you can store it in any crypto wallet that supports the network it runs on, including hardware wallets for extra security. Within the platform, it's used to pay for courses, exams, and certifications, or earned as a reward for completing them. Always double-check the official contract address before transferring.