#### What is WEN Token? WEN Token is a memecoin that serves a dual purpose: it's a source of fun and humor, and it's also the governance token for WEN [DAO](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/decentralized-autonomous-organization--dao-), a decentralized organization. This organization was established by WenMint, a notable [NFT](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/nft) launchpad on [Ethereum](https://www.coinbase.com/learn/crypto-basics/what-is-ethereum). WEN Token is inspired by the popular "Wen" [Web 3](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/web3) meme and aims to bring together the Web 3 community. It also introduces a method of decentralized governance that seeks to ignite innovation and increase awareness of Web 3. #### How does WEN Token work? WEN Token operates on the Ethereum [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain) and implements the ERC20Votes interface for on-chain governance. It's [distributed](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/distributed) through various methods, including [airdrops](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/airdrop-) and [staking](https://help.coinbase.com/en/coinbase/trading-and-funding/staking-rewards/eth-2-0-staking). The token's distribution is managed by a multi-signature [wallet](https://www.coinbase.com/learn/crypto-basics/what-is-a-crypto-wallet) system, ensuring a decentralized control. WEN Token also has a bridged version on the [Polygon](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/polygon-) network, expanding its reach beyond Ethereum. The token's governance is handled via Snapshot.org, supporting all EVM chains where WEN exists, currently Ethereum and Polygon. #### What are the potential use cases for WEN Token? WEN Token is primarily used for governance within the WEN DAO. Token holders can participate in decision-making processes, contributing to the development and direction of the organization. Additionally, WEN Token aims to foster a sense of community and unity within the Web 3 space. It also serves as a fun and engaging way for individuals to interact with the world of [cryptocurrencies](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency), particularly for those who are new to the space. #### What is the history of WEN Token? WEN Token was created by WenMint, a leading NFT launchpad on Ethereum that has launched over 200 NFT projects and built a community of over 50,000 NFT holders in the past two years. The token was inspired by the "Wen" Web 3 meme and was designed to unite the Web 3 community. Since its inception, WEN Token has been distributed to the community through various methods, including airdrops and staking. The token's governance is managed by WEN DAO, a decentralized organization also founded by WenMint.