Token sale Terms
⚠️ Important Notice This document is a draft Token Sale Terms for participants in the WANNA token sale (“Token Sale”). The contents may be updated or amended with prior notice depending on legal, regulatory, business, or partnership conditions. This document does not constitute investment advice, legal, tax, or financial advice. The final, legally binding version will be confirmed and announced separately.
1. Purpose & Scope
These Token Sale Terms (“Terms”) apply to all individuals and entities (“Participants”) taking part in the WANNA token (“WANNA”) sale events (Private Sale, Presale, Public Sale, collectively the “Token Sale”) conducted by WANNA Finance (the “Foundation”).
These Terms define the core conditions of the Token Sale, including:
sale structure
eligibility
pricing and vesting
risks
rights and obligations of Participants
In the event of any inconsistency between:
these Terms
the Whitepaper, website, or marketing materials
these Terms shall prevail for matters related to the Token Sale
2. Definitions
“WANNA”: A fixed-supply utility / governance token issued by the Foundation.
“GUSD / G-Series”: Stablecoins and multi-currency FX-layer tokens used within the WANNA ecosystem.
“TGE (Token Generation Event)”: The point in time when WANNA is first generated and distributed on-chain.
“Cliff”: A period during which no tokens are unlocked.
“Vesting”: A structure in which tokens unlock gradually at fixed intervals following the cliff period.
“Token Sale”: The Private Sale, Presale, Public Sale rounds structured by the Foundation.
“Participant”: Any natural person or legal entity who agrees to these Terms and takes part in the Token Sale.
3. Sale Structure
Exact figures and detailed schedules for each round will follow the respective sale announcements and individual sale pages.
3.1 Rounds Overview
Private Sale
Target Participants: Strategic partners, institutions/VCs, early investors.
Planned Allocation: 10% of total supply (10,000,000 WANNA).
Sale Price: $0.70 per WANNA.
Vesting: Unlock schedule to be determined by governance.
Presale
Target Participants: Community early adopters, partner communities, etc.
Planned Allocation: 10% of total supply (10,000,000 WANNA).
Sale Price: $0.70 – $0.80 (price increases across tiers).
Vesting:
20% unlocked at TGE,
remaining 80% unlocked at 2.5% per week for 32 weeks.
Public Sale
Target Participants: General Web3 users and public participants.
Planned Allocation: 10% of total supply (10,000,000 WANNA).
Sale Price: TBA (to be announced) or determined by auction/launchpad rules.
Vesting:
20% unlocked at TGE,
remaining 80% unlocked at 2.5% per week for 32 weeks.
The round structure, allocations, prices, and vesting conditions may be adjusted with prior notice depending on market conditions, partnerships, and regulatory requirements.
4. TGE, Circulating Supply & FDV
Planned TGE Circulating Supply
At TGE, the Foundation currently plans to target a circulating supply in the range of:
approximately 6% (6,000,000 WANNA)
16% (16,000,000 WANNA) of total supply
including:
a portion of allocations from Private / Presale / Public Sale
allocations assigned to liquidity and market-making pools
Implied FDV at TGE (Example)
Example: If the TGE reference price is $1.00 and total supply is 100,000,000 WANNA the implied FDV at TGE would be approximately $100,000,000
The above circulating supply and FDV figures are planned / illustrative, and the actual values may differ depending on:
final sale structure
demand and liquidity
regulatory and business conditions
5. Vesting & Lock-up
5.1 General Principles
Team Allocation: Team allocations are subject to longer cliffs and vesting schedules than public / early investors.
Private Sale Allocation: Private Sale unlocks are determined by governance.
Presale + Public Sale Allocation: Presale and Public Sale allocations follow:
20% unlock at TGE,
remaining 80% unlocked at 2.5% per week for 32 weeks.
5.2 Team & Advisors (Illustrative Example)
Team and advisor allocations may, for example, be structured as:
3-month cliff + 24-month linear vesting, meaning:
No unlock for at least 3 months after TGE
followed by gradual unlocking on a quarterly or monthly basis
The exact vesting schedule will be defined and announced in a separate Token Vesting Schedule document.
6. Payment & Refund
Payment Assets
Token Sale proceeds may be collected primarily in:
major stablecoins such as USDT, USDC
over supported networks (e.g., BSC)
Any additional accepted assets or networks will be specified in each sale’s detail page.
Payment Responsibility
Participants must:
send funds to the exact address indicated on the sale page
use the correct network and token
otherwise, assets sent to wrong networks/tokens/addresses may not be recoverable.
Refund Policy
In principle, Token Sale participation is non-refundable. Any exceptional refund or cancellation conditions will be:
clearly stated on the specific sale page
apply only as expressly indicated
7. Nature of Tokens & No Rights
WANNA tokens are not:
equity
debt
or securities
and do not grant:
direct ownership
voting rights in any legal entity
or dividend rights in the Foundation or any affiliate
WANNA is primarily designed for:
Governance: Participation in protocol decisions related to:
parameters
revenue allocation rules
G-Series issuance policy, etc
Economic Incentives: Potential indirect benefit from mechanisms such as Buy-back & Burn, without any guaranteed price, yield, or performance.
Any references to past performance, current descriptions, or future plans must not be interpreted as:
a guarantee of profit
a promise of dividends
or a commitment to future price appreciation
8. Risk Disclosure
Participation in a Token Sale and virtual asset investment carries a high risk of capital loss and involves:
high volatility
regulatory / policy risks
Representative risks include, but are not limited to:
market price fluctuations
lack of liquidity
project development delays or failure
smart contract vulnerabilities, hacks, or security incidents
regulatory changes that restrict:
service operation
token trading
even result in partial or total loss of tokens
unforeseen economic, political, or technological events
Participants should refer to the “Risk & Limitations” section for a more detailed risk description and must fully understand all risks before participating.
9. Representations & Warranties of Participants
By participating in the Token Sale, the Participant represents and warrants that:
They are legally allowed to invest in virtual assets and participate in Token Sales under the laws and regulations of their country/region of residence.
They have carefully read and understood:
these Terms
the Whitepaper
the Risk & Limitations section and have sought independent legal, tax, or financial advice if necessary
Participation in the Token Sale is based on their own judgment and responsibility, and they understand that the Foundation and its affiliates are not liable for investment losses.
The source of funds is legitimate, and is not connected to:
money laundering
terrorist financing
or other illegal activities
10. Amendments, Suspension & Termination
The Foundation may modify, postpone, suspend, or cancel part or all of the Token Sale in the event of:
sudden changes in market or regulatory conditions
technical problems, security incidents, or force majeure events
unforeseen legal or compliance issues
In such cases, the Foundation will make reasonable efforts to publish updates as quickly as possible through official channels (website, GitBook, social media, community channels, etc.).
11. Miscellaneous
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
Any failure or delay by the Foundation to exercise a right under these Terms shall not be deemed a waiver of that right.
The latest version of these Terms will always be the one posted on the official:
GitBook
website
official sale page
and shall take precedence over any prior versions.
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