WCN proves it can fund itself before any token, then settles each verified outcome through a charter-bound waterfall.
WCN captures value through three sources: node equity sales, Carry settlement on verified outcomes, and service and coordination work. Value is not captured by promises; it is settled on the ledger.
Three sources of value
The whitepaper defines value capture as three sources, not a token narrative. Each maps to a verifiable mechanism, and each settles on the ledger rather than on sentiment.
The Carry waterfall settles net profit
The Carry waterfall applies only to net profit, defined as profit after backers' capital is returned. Backers receive principal first; the waterfall then distributes the remainder under charter-bound parameters.
Backers (pro-rata) 70%. Sourcing and Coordination 10%. Lead Node Bonus 10%. WCN Protocol Treasury 5%. Service Provider Pool 5%.
The network takes 30% of net profit. WCN answers this wager with verifiable PoB historical-return data, not promises. Issued PoB records and settled records cannot be altered after the fact.