W-Coin Announces December Token Launch and Airdrop on TON

ChainPlay

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2 days ago

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W-Coin is gearing up for its token launch on The Open Network (TON) in December, with a much-anticipated airdrop following closely behind. In an interesting twist, the team behind W-Coin will not be receiving any tokens. This decision highlights their commitment to prioritizing player engagement and fair distribution.

W-Coin's Exciting Token Launch Announcement

W-Coin’s upcoming launch follows a series of recent token releases from other popular tap-to-earn games, such as Hamster Kombat and X Empire. These games have recently held their airdrops, generating buzz within the gaming community. After observing the initial excitement around these token releases, W-Coin’s developers have decided it is time to introduce their own token. They aim to capitalize on the momentum created by these successful projects.

Source: X

In a recent announcement on Telegram, W-Coin revealed that 70% of its token supply will be distributed to players, referred to as ‘mates.’ The remaining 30% will be allocated to support project growth, centralized exchange listings, marketing, and future initiatives. This allocation strategy emphasizes the importance of player engagement in the project’s success. The team is clear about their priorities, stating that no tokens will be set aside for themselves.

W-Coin’s announcement also detailed the process for its token allocation, which includes a “snapshot” of players’ on-chain data. This snapshot will help determine how tokens will be distributed based on player activity. The developers stress that in-game progress will continue to accumulate towards the airdrop, meaning players should stay active and engaged. This approach aims to reward true engagement rather than merely relying on early access or wallet balances.

Currently, W-Coin is in its “mining phase,” during which players can continue to make progress that will count toward the upcoming airdrop. This phase allows players to earn rewards based on their in-game actions. Once the mining phase concludes, developers will analyze the data and prepare for the December token launch.

Community Involvement

The decision to launch on TON stems from a poll involving 8.8 million players. An impressive 68% voted for TON as their preferred blockchain. Solana and Ethereum received 24% and 8% of the votes, respectively. This community-driven approach not only builds trust but also ensures that the game aligns with players’ preferences.

Source: X

As of now, W-Coin boasts 7.7 million connected wallets, out of a total of nearly 37 million players. This figure reflects significant engagement within the game and sets the stage for a successful token launch. The team is excited about the upcoming airdrop and encourages players to keep tapping and stay engaged as the launch date approaches.

W-Coin is not the first game to navigate the airdrop landscape. Hamster Kombat, a leading Telegram game, recently completed its airdrop but left many players disappointed by the low value of their received tokens. Following the initial hype, the token price saw a steep decline, dropping nearly 74% from its peak. In contrast, Notcoin managed to achieve a market cap close to $3 billion before experiencing a significant decline of about 78%. These examples serve as cautionary tales for W-Coin players.