Wag3s is an AI-driven financial management platform designed for the Web3 ecosystem, providing accounting, tax, human resources, and portfolio tracking services. It operates on a Decentralized Software as a Service (DSaaS) model and utilizes a "Label to Earn" system to automate the categorization of blockchain transactions. ^{[1] [2]}

Overview

Wag3s aims to address financial management challenges prevalent within the Web3 space. These challenges include the fragmentation of digital assets across numerous wallets, exchanges, and blockchain networks; the complexities of tax reporting for cryptocurrency transactions; and the difficulty of maintaining accurate and consistent financial records for decentralized organizations and individuals. The project's objective is to provide a unified, automated solution that streamlines these operations for crypto-native companies, Decentralized Autonomous Organizations (DAOs), and individual users. ^[3]

The platform is structured as an all-in-one suite of interconnected tools that integrate crypto accounting, tax preparation, portfolio management, and HR/payroll functions. The core of its technology is an artificial intelligence system designed to automatically label and classify on-chain transactions, thereby reducing the need for manual bookkeeping. To enhance the AI's accuracy, Wag3s has developed an incentive mechanism called "Label to Earn," which rewards users for helping to train the AI model by correctly tagging transactions. The project is based in Zug, Switzerland, and has outlined a development roadmap that includes the phased release of its various modules and a planned Token Generation Event (TGE) in the first quarter of 2026. ^{[2] [1]}

Products

Wag3s offers a suite of distinct but integrated modules, each tailored to a specific aspect of Web3 financial and operational management.

Wag3s Ledger

Wag3s Ledger is the platform's core accounting module, designed to provide real-time, automated financial record-keeping for Web3 businesses. It aims to combine principles of traditional accounting with the unique requirements of crypto transactions, offering a clear and consistent overview of a company's financial health. The system is intended to help prevent errors and fraudulent activities by maintaining transparent records. Wag3s Ledger entered an early access phase for select users, with a full public launch scheduled for the third quarter of 2025. ^{[1] [4]}

Wag3s HR

Wag3s HR is a human resources and payroll management platform built for decentralized organizations. This module is designed to streamline HR processes, including employee data management, invoicing, and onboarding for globally distributed teams. A key function is its multi-token payroll capability, which allows companies to pay contributors in various cryptocurrencies, such as stablecoins like USDT or volatile assets like ETH. The system is designed to manage team structures using workflows inspired by DAO operations. A testnet for the Wag3s HR module was launched in the second quarter of 2022. ^{[5] [3]}

Wag3s Folio

Wag3s Folio serves as the platform's portfolio management and asset tracking tool. It provides users with a unified dashboard to monitor digital assets aggregated from various sources, including decentralized wallets, centralized exchanges (CEXs), and different blockchain networks. The goal of Folio is to give individuals and businesses a comprehensive and real-time view of their entire crypto portfolio in one location, simplifying asset management and performance tracking. ^[1]

youtube:https://www.youtube.com/watch?v=Dj2MQTudLP8

Crypto Tax

The Crypto Tax module is designed to simplify tax calculation and reporting for cryptocurrency activities. It aims to automate the process of generating tax reports by analyzing a user's transaction history across connected wallets and exchanges. In July 2024, a feature described as "one-click" crypto tax preparation was announced and offered for free to early platform users, demonstrating the tool's focus on streamlining compliance for both individuals and businesses operating with digital assets. ^[2]

Features

The Wag3s platform integrates several key features across its product suite to deliver a comprehensive financial management solution. Its central innovation is an AI-powered system for the automated labeling of on-chain transactions, which is intended to significantly reduce manual bookkeeping efforts and improve the accuracy of financial records. ^[3]

This AI system is supported by the "Label to Earn" model, a core incentive mechanism that encourages community participation in training the AI. Through this system, users are rewarded for accurately tagging and categorizing blockchain transactions. This crowdsourced data serves as a continuous feedback loop, refining the AI's performance over time. The alpha version of the "Label to Earn" system is planned for release in the fourth quarter of 2025. ^[1]

Other platform features include fully customizable dashboards for asset and transaction monitoring, multi-account connectivity that allows users to link wallets, CEX accounts, and traditional bank accounts, and AI-powered trade analysis that provides personalized insights and signals. For businesses, the platform offers automated multi-token payroll, real-time on-chain expense tracking, and data exporting capabilities for creating custom reports. ^[2]

Ecosystem

The Wag3s ecosystem is designed as an interconnected platform where its DSaaS model, user community, and AI technology interact. The different modules—Ledger, HR, Folio, and Tax—are built to work in concert, allowing data to flow seamlessly between them to provide a holistic financial overview. The platform supports over 34 major blockchain networks, including Ethereum, Solana, Arbitrum, and Polygon, and integrates with top centralized exchanges to ensure comprehensive coverage of a user's financial activities. ^[3]

A critical component of the ecosystem is the symbiotic relationship between the platform and its users, facilitated by the "Label to Earn" program. Users contribute human-verified data by labeling transactions, which directly improves the AI's intelligence and automation capabilities. In return, they receive rewards, creating a self-sustaining cycle of improvement. Early community engagement was fostered through the distribution of an "Early Bird NFT," which granted holders access to the platform's alpha version and eligibility for a future airdrop of the native token. ^[2]

Use Cases

The platform is designed to serve two primary user groups: individuals and professional organizations. ^[1]

• For Individuals:
  • Tracking and managing scattered crypto portfolios across multiple wallets, exchanges, and blockchains from a single dashboard.
  • Simplifying the crypto tax reporting process through automated transaction categorization and report generation.
  • Utilizing AI-driven analysis and trading signals for personal investment decision-making.
• For Professionals and Businesses:
  • Automating bookkeeping and financial reporting for DAOs and crypto-native startups.
  • Managing company accounting for both crypto and traditional fiat assets in a unified ledger.
  • Streamlining multi-currency payroll and HR processes for globally distributed Web3 teams.
  • Ensuring financial compliance and generating auditable reports for stakeholders and regulatory bodies.
  • Consolidating treasury and portfolio management for organizational assets.

These use cases are supported by the platform's integrated suite of tools. ^[3]

Architecture

Wag3s is built as a Decentralized Software as a Service (DSaaS) platform, a model that aims to provide the functionality of traditional SaaS applications while leveraging the benefits of decentralization, such as user data ownership and censorship resistance. The platform's technical foundation is powered by the Berachain blockchain, which serves as its primary infrastructure layer for on-chain operations. ^[5]

The core logic of the platform relies on an artificial intelligence system that is continuously trained and refined through the data collected via its "Label to Earn" mechanism. To improve user experience and simplify onboarding, the architecture also integrates account abstraction technology. This is facilitated through a partnership with Particle Network and is intended to make wallet interactions more intuitive for users who may not be familiar with standard Web3 protocols. ^[2]

Tokenomics

Wag3s plans to introduce a native utility token with the ticker $WAG3S. According to the project's roadmap, the Token Generation Event (TGE) and subsequent exchange listing are scheduled for the first quarter of 2026. ^[1]

Allocation

• Specific details regarding the token's allocation percentages and distribution model have not yet been publicly released by the project team. ^[4]

Utilities

The $WAG3S token is intended to have several functions within the platform's ecosystem.

• It will be used to reward users for their participation in the "Label to Earn" system, incentivizing the accurate labeling of transactions.
• It may serve as a payment method for accessing premium platform features or for subscription fees.
• It is expected to function as a governance token, allowing holders to participate in future decisions regarding the protocol's development. ^[3]

Governance

While the token is planned to be used for platform governance, detailed information on the specific governance model, including voting mechanisms and the scope of holder influence, is expected to be released closer to or following the Token Generation Event. ^[2]

Confirmed Partnerships

Wag3s has established collaborations with several organizations across the Web3 space to support its infrastructure, data provision, and ecosystem growth.

• Berachain
• Cede
• Chainaware
• DIA
• Fhenix Network
• Mobula
• Particle
• Plume Network
• Ritestream
• Smartcredit
• Taskon
• Thirdweb
• Web3rally
• Xhashtag

These partnerships span various sectors, including blockchain infrastructure, data oracles, and developer tools. ^{[1] [2]}