Cryptocurrencies

W3GG Token to be Listed on Gate.io, MEXC, and Uniswap, Paving the Way for the Future of Web3 Gaming by Chainwire

Baguio City, Philippines, September 24, 2024, Chainwire

W3GG, a decentralized gaming protocol backed by Yield Guild Games (YGG), is excited to announce the listing of its native token, $W3GG, on several major exchanges, marking a significant step in its mission to transform the gaming industry through Web3 technology. The listing is set to go live on September 25, 2024, at 10 AM UTC, providing users with a unique opportunity to engage in a project that merges blockchain technology with gaming.

W3GG and the Future of Web3 Gaming

The gaming industry, which is projected to reach $125 billion by 2032, is undergoing a significant transformation with the advent of Web3 gaming. Web3 offers gamers the promise of digital asset ownership and new earning potential within games. The W3GG protocol is a part of this shift, enabling players to own in-game assets and encouraging developers to directly reward users.

W3GG’s decentralized gaming framework allows players to earn blockchain-based rewards, recognizing contributions such as in-game achievements, time invested, and community-building efforts. Additionally, the W3GG token empowers gamers to engage with and influence the future direction of the ecosystem.

Expanding Market Reach

The listing of $W3GG on prominent exchanges ensures broad accessibility to a varied user base. With its presence on major trading platforms, the token stands to attract a wide audience and enhance liquidity, providing an easy gateway for decentralized finance enthusiasts.

Position in the Web3 Gaming Ecosystem

Recent data indicates that Web3 games and metaverse projects raised nearly $673 million in the first half of 2024, highlighting the rapid expansion of this sector. W3GG, supported by its broad array of over 70 different Web3 games, aims to leverage this growth. The protocol’s native token is designed to facilitate in-game transactions, create rewards opportunities, and enable users to partake in platform governance, all of which position W3GG as a potential leader in this multi-billion-dollar market.

Token Utility and Governance

The $W3GG token serves as the cornerstone of the ecosystem, offering various utilities, including:

  • Governance: Enabling community participation in the protocol’s future.
  • Staking and Rewards: Allowing gamers to stake $W3GG for exclusive rewards and benefits within the ecosystem.
  • GameFi Integration: Supporting play-to-earn mechanics.
  • NFT Marketplace: Facilitating in-game asset trading.
  • Launchpad Access: Providing exclusive entry to new Web3 gaming projects.
  • Talent Network: Connecting skilled gamers with opportunities.
  • Gated Access: Offering exclusive entry to in-person events and merchandise, as well as access to NFT whitelists and tournaments.

CEO Statement

“We have been building since 2021, and we are thrilled to finally introduce W3GG to a global audience through these listings,” said Irene Umar, CEO of W3GG. “As Web3 gaming expands, we believe our decentralized gaming protocol will grow alongside it, offering true digital ownership, decentralized governance, and a streamlined way for developers to reward their most engaged players. This is just the beginning of our journey to reshape the gaming landscape in Southeast Asia and beyond.”

About W3GG

W3GG is at the forefront of creating a decentralized gaming protocol designed to reward gamers using blockchain-based tokens, granting digital ownership of in-game assets and fostering community-driven governance. The protocol seeks to bridge traditional gaming and the emerging Web3 ecosystem, ushering in a new era where every interaction within the gaming environment has real value and significance. Backed by industry leaders such as YGG and Animoca Brands, W3GG has strategically invested in a diverse portfolio of over 70 innovative Web3 games.

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