wdym.wtf
  • Introduce
    • WDYM INTRODUCTION
      • wdym handle
        • Sign up (Before Feb 20 2024)
        • Sign up (After Feb 20 2024)
  • WDYM Tokenomic
    • WDYM & esWDYM Token's Utility
    • The Redemption Process
    • WDYM vesting
    • WDYM City Node Key's Price
  • WDYM City Nodes Purchase & Setup
    • WDYM City Node Hardware Requirements
    • Step 1: Purchase a WDYM City Node key
    • Step 2: Download & Run the WDYM City Node Key
  • Roadmap
    • Stage 1: August 2023 to February 2024
    • Stage 2: February - May 2024
    • Stage 3: June - December 2024
  • WYDM Main Social Dapp
    • AIRDROP POINT AND LEVELING UP
      • Airdrop Point Explained
      • Level up
      • FAQ's
    • IMPORTANT FUNCTION
      • Give a love
      • Following
      • Unfollowing
      • Give a fvck
      • Private chat
    • MANAGING YOUR PROFILE
      • Profile Value
      • How to make a post
      • Switch WTF profile
    • USING WDYM Dapp
      • Commenting and replying
      • Notifications
      • How to invite friends to WDYM
      • Searching for users
  • Social Media
    • wdym Twitter
    • Discord
    • Website
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On this page
  • Introduction:
  • Benefits of Following:
  • Cost Calculation for the Following:
  • Where:
  • Taxation on Follow Actions:
  1. WYDM Main Social Dapp
  2. IMPORTANT FUNCTION

Following

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Last updated 1 year ago

Introduction:

On WDYM, "following" is redefined. It's not just a digital nod of acknowledgment. Here, to follow someone signifies more depth, something closer to investing in a potential startup in its infancy.

Benefits of Following:

  1. Potential Returns: If you follow a creator during their early days and they gain traction later, you could benefit from unfollowing them in the future, similar to how an early investment in a startup might yield higher returns later.

  2. Exclusive Access: By following a profile, you're also granted a special pass to the creator's private group.

Cost Calculation for the Following:

To determine the cost to follow someone, use the formula:

  • FP = (1/1000000)* x^2 + 0.001 + tax

Where:

  • ( FP ) = Final price to follow a profile.

  • ( x ) = Current number of followers the profile has.

Taxation on Follow Actions:

There's a 10% tax imposed on both Follow and Unfollow actions. The distribution of this tax is as follows:

  • 7% is directed to the creator.

  • 3% goes to the WDYM platform team.

By embracing this innovative system, WDYM offers a new, immersive, and potentially rewarding experience for its user community.