Baguio City, Philippines, September 24th, 2024, Chainwire
W3GG, the 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 event marks a significant step towards its goal of transforming the gaming industry through Web3 technology. The listing is set to go live on September 25th, 2024, at 10am UTC, granting users access to a project positioned at the convergence of blockchain and gaming.
W3GG and the Future of Web3 Gaming
As per the team, the gaming sector, which is expected to reach $125 billion by 2032 according to Global Market Insights, is at the forefront of a transformative shift with the emergence of Web3 gaming. Web3 is revolutionizing how gamers engage with the digital landscape by offering ownership of digital assets and avenues for earning within games. The W3GG protocol is a vital part of this evolution by enabling players to own in-game assets and empowering developers to directly reward users.
Through its decentralized gaming protocol, W3GG provides gamers the opportunity to earn blockchain-based rewards, recognizing contributions such as in-game accomplishments, time invested, and community engagement. Moreover, the W3GG token allows gamers to participate actively in shaping the future trajectory of the ecosystem.
Expanding Market Reach
The listing of $W3GG on Gate.io, a leading exchange globally by trading volume, along with MEXC, recognized for its focus on innovative blockchain projects, guarantees extensive availability of the token for a varied user base. Additionally, the decentralized structure of Uniswap enables users to trade $W3GG effortlessly and directly, offering liquidity and accessibility for DeFi enthusiasts.
Position in the Web3 Gaming Ecosystem
According to Delphi Digital, Web3 games and metaverse initiatives raised nearly $673 million from January to June 2024, highlighting the rapid advancement of this field.
With its decentralized gaming protocol and an expanding ecosystem that includes over 70 unique web3 games, W3GG aims to leverage this growth. The protocol’s native token is designed not only to facilitate in-game transactions and reward options but also to allow users to participate in governance and influence the platform’s future. By harnessing blockchain technology, W3GG aspires to position itself as a significant player in this multi-billion-dollar industry.
Token Utility and Governance
The $W3GG token will function as the primary utility token within the ecosystem:
- Governance: Enabling community involvement in the future pathway of the protocol
- Staking and Rewards: Gamers can stake $W3GG to unlock exclusive rewards and gain insight into the expanding W3GG ecosystem
- GameFi Integration: Supporting play-to-earn functionalities
- NFT Marketplace: Facilitating trading of in-game assets
- Launchpad Access: Priority entry to new Web3 gaming projects
- Talent Network: Linking skilled gamers with opportunities
- Gated Access: VIP entry to real-life events, redeemable for merchandise, NFT whitelists, tournament access, gaming assets, and more
CEO Statement
“We have been diligently building since 2021 and are thrilled to finally introduce W3GG to a global audience through these listings on Gate.io, MEXC, and Uniswap,” stated Irene Umar, CEO of W3GG. “As Web3 gaming continues to expand, we believe that our decentralized gaming protocol will evolve alongside it, offering genuine digital ownership, decentralized governance, and an effortless mechanism for game developers to reward their most engaged players. This marks just the inception of our journey to transform the gaming landscape in Southeast Asia and beyond.”
About W3GG
W3GG is at the forefront of creating a decentralized gaming protocol aimed at rewarding players through blockchain-based tokens, digital ownership of in-game assets, and community-oriented governance. The protocol seeks to bridge the divide between traditional gaming and the evolving Web3 ecosystem, paving the way for a future where every interaction in the gaming environment possesses inherent value and significance. W3GG enjoys the support of industry leaders, including YGG, IVC, Animoca Brands, and has strategically invested in over 70 innovative web3 games, such as Dark Times, Heroes of Mavia, APEIRON, and Wild Forest.
For additional information, readers can visit w3gg.io
Contact
Head of Marketing and Community
Joyal Langoy
W3GG
joyal@w3gg.io
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