W3GG, the Yield Guild Games (YGG) backed decentralised gaming protocol, is thrilled to announce the listing of its native token, $W3GG, on Gate.io, MEXC, and Uniswap, marking a milestone in its mission to redefine the gaming industry through Web3 technology. The listing is scheduled to go live on 25th September 2024 at 10am UTC, offering users access to a project at the intersection of blockchain and gaming.
W3GG and the Future of Web3 GamingAccording to the team, the gaming industry, which is projected to reach $125 billion by 2032 according to Global Market Insights, is undergoing a shift with the rise of Web3 gaming. Web3 is changing how gamers interact with the digital world by promising digital asset ownership and earnings opportunities within games. The W3GG protocol acts as a part of this transformation by offering players ownership of in-game assets and empowering developers to try and reward users directly.
W3GG’s decentralised gaming protocol allows gamers the chance to earn blockchain-based rewards, with the intention that contributions like in-game achievements, time spent, and community building are recognized and rewarded. Furthermore, the W3GG token offers gamers the ability to engage and shape the future direction of the ecosystem.
Expanding Market ReachThe listing of $W3GG on Gate.io, one of the top 10 global exchanges by trading volume, and MEXC, another global exchange known for its focus on emerging blockchain projects, ensures that the token will be available to a wide and diverse user base. Additionally, the decentralised nature of Uniswap allows users to trade $W3GG seamlessly and directly, providing the ability for liquidity and ease of access for decentralised finance enthusiasts.
Position in the Web3 Gaming EcosystemAccording to Delphi Digital, Web3 games and metaverse projects raised nearly $673 million from January to June 2024, underscoring the rapid evolution of this space.
W3GG, with its decentralised gaming protocol, and growing ecosystem of over 70 different web3 games, is hoping to capitalise on this growth. The protocol’s native token aims to not only fuel in-game transactions and rewards opportunities, but also enable users to participate in the governance and future direction of the platform. By leveraging the potential of blockchain technology, W3GG is aiming to establish itself as a key player in this multi-billion-dollar market.
Token Utility and GovernanceThe $W3GG token will serve as the core utility token of the ecosystem:
For more information, readers can visit w3gg.io
ContactHead of Marketing and CommunityJoyal LangoyW3GGjoyal@w3gg.io
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
