Baguio City, Philippines, September 24th, 2024, Chainwire
W3GG, a decentralized gaming protocol supported by Yield Guild Games (YGG), is excited to announce the upcoming listing of its native token, $W3GG, on Gate.io, MEXC, and Uniswap. This listing represents a significant step towards its goal of transforming the gaming sector through Web3 technology. The token is set to launch on 25th September 2024 at 10am UTC, providing users with a unique opportunity in the convergence of blockchain and gaming.
W3GG and the Future of Web3 Gaming
The team anticipates that the gaming market, which is expected to grow to $125 billion by 2032 according to Global Market Insights, is experiencing a significant transformation with the advent of Web3 gaming. This new paradigm is reshaping gamer interactions with the digital environment by emphasizing ownership of digital assets and opportunities to earn within games. The W3GG protocol is central to this evolution, offering players the ability to own in-game assets while empowering developers to reward users directly.
W3GG’s decentralized gaming protocol provides players the chance to earn rewards based on their contributions, including in-game accomplishments, time invested, and community engagement. Additionally, the W3GG token will allow gamers to participate actively in defining the ecosystem’s future.
Expanding Market Reach
The listing of $W3GG on Gate.io, one of the world’s top 10 exchanges by trading volume, and MEXC, an exchange recognized for its emphasis on innovative blockchain projects, guarantees widespread availability of the token to a diverse audience. Moreover, Uniswap’s decentralized nature offers users the convenience of trading $W3GG directly and effortlessly, enhancing liquidity and accessibility for DeFi enthusiasts.
Position in the Web3 Gaming Ecosystem
As reported by Delphi Digital, Web3 gaming and metaverse initiatives raised nearly $673 million from January to June 2024, highlighting the rapid advancements in this sector.
W3GG aims to leverage the growth of this market with its decentralized gaming protocol and an expanding ecosystem of over 70 web3 games. The token is designed to facilitate in-game transactions, reward opportunities, and give users a voice in the governance and strategic direction of the platform. Through the power of blockchain technology, W3GG aspires to become a prominent player in this multi-billion-dollar market.
Token Utility and Governance
The $W3GG token is set to be the cornerstone of the ecosystem:
- Governance: Enabling community involvement in the protocol’s evolution.
- Staking and Rewards: Players can stake $W3GG to gain access to exclusive rewards and connect with the expanding W3GG ecosystem.
- GameFi Integration: Supporting play-to-earn models.
- NFT Marketplace: Facilitating in-game asset exchanges.
- Launchpad Access: Exclusive entry to new Web3 gaming initiatives.
- Talent Network: Linking skilled gamers to various opportunities.
- Gated Access: Special entry to IRL events, redeemable for merchandise, NFT whitelists, tournament participation, gaming assets, and more.
CEO Statement
“We have been working diligently since 2021, and we are thrilled to finally introduce W3GG to a global audience with these listings on Gate.io, MEXC, and Uniswap,” stated Irene Umar, CEO of W3GG. “As the Web3 gaming landscape continues to expand, we believe our decentralized gaming protocol will evolve alongside it, delivering genuine digital ownership, decentralized governance, and an effortless means for game developers to reward their most active players. This is merely the start of our journey to reimagine the gaming ecosystem in Southeast Asia and beyond.”
About W3GG
W3GG is at the forefront of a decentralized gaming protocol crafted to reward gamers with blockchain-based tokens, the digital ownership of in-game assets, and community-driven governance. The protocol seeks to bridge the divide between traditional gaming and the emerging Web3 landscape, heralding an era where every interaction in the gaming ecosystem holds tangible value. W3GG is supported by industry leaders such as YGG, IVC, and Animoca Brands, and has made strategic investments in over 70 innovative web3 titles, including Dark Times, Heroes of Mavia, APEIRON, and Wild Forest.
For further details, readers can visit w3gg.io
Contact
Head of Marketing and Community
Joyal Langoy
W3GG
joyal@w3gg.io
