Wadoozie, a narrative-driven project on Ethereum, activated its signal network May 27 with a fair launch of its $WADZ token on Uniswap and a 48-state road tour.
According to the project's announcement, the launch involved no presale or taxes, with 75 percent of the total supply locked in a DAO-governed liquidity pool and the contract renounced. Smart contracts were audited by CertiK, Coinsult, and SolidProof ahead of the launch.
The project’s core is a US tour where 576 physical “Signal Fragments” will be placed in 48 states. These fragments are redeemable for a total of 34.7 million $WADZ tokens, with prize tiers ranging from 15,375 to 461,250 tokens per fragment.
The launch comes as speculative token demand on the Ethereum network remains active. Wadoozie’s model, which blends on-chain tokenomics with a real-world scavenger hunt, aims to build a community through participation. The project’s success will depend on its ability to sustain engagement throughout its multi-act narrative tour.
Of the two billion tokens minted at genesis, the project burned approximately one billion, leaving an effective circulating supply of around one billion $WADZ. The token allocation reserves 7% for a publishers network, 5% for the signal fragment prize pool, and 3% for the team, which is locked for 12 months.
This article is for informational purposes only and does not constitute investment advice.
