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About BlockWRK
BlockWRK (WRK) is a revolutionary platform that enables businesses to reimagine employee compensation. By leveraging real-time incentivization, BlockWRK helps employers balance management goals and employee pay structures. The platform allows employees to earn automatic rewards that can be instantly spent using the BlockWRK employee Visa card. With BlockWRK, employers can pay for performance, motivating their workforce and driving productivity.
The native currency of the BlockWRK platform is WRK, one of the world’s first federally approved cryptocurrencies. It operates under a 2019 license from the Bermuda Minister of Finance. New WRK tokens are exclusively distributed based on business-side demand, with a maximum monthly distribution of 165 million tokens. With a fixed total supply of 11.9 billion tokens, the platform ensures a self-perpetuating WRK-powered economy by driving business demand into the market.
BlockWRK’s decentralized compensation model replaces traditional payment structures with daily incentives for achieving goals. By integrating smart contracts with the BlockWRK app, employers can automatically reward workers with WRK tokens in real-time. This shift from yearly incentives to daily rewards improves retention, engagement, and productivity. Additionally, employees can access their WRK tokens through the BlockWRK Visa card, enabling instant spending and providing opportunities for cash advances with 0% APR.
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