Qatar 2022 Token (FWC) is a fully owned and community-driven project created to place football and cryptocurrency under a single roof so that users can join the world of crypto football. As per the website, Qatar 2022 Token aims to be with its users until the end of the World Cup. The network also intends to expand and to be traded globally. Further, at the end of the World Cup, the network intends to modify the token's name to X 2026 TOKEN (COUNTRY 2026 TOKEN V2) and combine it with new football technology. This token further seeks to be used in football sports technologies such as robots, etc. After the 2022 World Cup, the network intends to offer a new version of the token with powerful technology for the upcoming four years (Fwc New Country 202X Token). The network also aims to be a sponsor of the World Cup games.
FWC is the native token of the Qatar 2022 Token network. It is a BEP-20 standard token designed to purchase tickets to the World Cup, place bets, book hotels, use various related services, and participate in lotteries. BEP-20 is a Binance Smart Chain token standard that extends ERC-20, the most used Ethereum token standard. The total supply of the Qatar 2022 Token is 200,000,000,000,000,000 FWC. Out of the total token supply, the network has burned 50% of the total token supply. "Burning" a coin refers to the act of transferring a token to an account that can only receive them. Burning is done intentionally to remove the token from circulation permanently. Further, the network has listed 40% of the total supply on the PancakeSwap and allocated 15% to marketing.