Baguio City, Philippines, September 24th, 2024, Chainwire

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. This marks a milestone in W3GG's mission to redefine the gaming industry through Web3 technology. The listing is scheduled to go live on 25th September 2024 at 10am UTC, providing users access to a project at the intersection of blockchain and gaming.

W3GG and the Future of Web3 Gaming

According to the team, the gaming industry is projected to reach $125 billion by 2032 according to Global Market Insights. Web3 gaming is transforming how gamers interact with the digital world by promoting digital asset ownership and earnings within games. The W3GG protocol plays a key role in this transformation by allowing players to own in-game assets and enabling developers to reward users directly.

W3GG's decentralised gaming protocol allows gamers to earn blockchain-based rewards, recognizing contributions like in-game achievements, time spent, and community building. Furthermore, the W3GG token enables gamers to engage and influence the ecosystem's future direction.

Expanding Market Reach

Listing $W3GG on Gate.io, one of the world's top 10 exchanges by trading volume, and MEXC, known for emerging blockchain projects, ensures that the token will be accessible to a diverse user base. Moreover, the decentralised nature of Uniswap allows for seamless and direct trading of $W3GG, providing liquidity and ease of access for decentralised finance enthusiasts.

Position in the Web3 Gaming Ecosystem

According to Delphi Digital, Web3 games and metaverse projects raised nearly $673 million from January to June 2024, highlighting rapid growth in this space. W3GG, with its decentralised gaming protocol and a growing ecosystem of over 70 different web3 games, aims to capitalize on this expansion. The native token plans to fuel in-game transactions and rewards while allowing users to participate in the governance and growth of the platform. By leveraging blockchain technology, W3GG aims to be a key player in this multi-billion-dollar market.

Token Utility and Governance

The $W3GG token serves as the core utility token within the ecosystem:
– Governance: Empowering community engagement in the protocol's future.
– Staking and Rewards: Gamers can stake $W3GG for exclusive rewards and to gain exposure to the evolving W3GG ecosystem.
– GameFi Integration: Facilitating play-to-earn mechanics.
– NFT Marketplace: Enhancing in-game asset trading.
– Launchpad Access: Granting exclusive entry to new Web3 gaming projects.
– Talent Network: Connecting skilled gamers with opportunities.
– Gated Access: Providing exclusive entry into IRL events, merchandise, NFT whitelists, tournament access, gaming assets, and more.

CEO Statement

> “We have been building since 2021 and we are excited to finally bring W3GG to a global audience through these listings on Gate.io, MEXC, and Uniswap,” said Irene Umar, CEO of W3GG. “As Web3 gaming continues to grow, we believe our decentralised gaming protocol will grow with it, offering true digital ownership, decentralised governance, and a seamless way for game 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 pioneering a decentralised gaming protocol designed to reward gamers through blockchain-based tokens, digital ownership of in-game assets, and community-driven governance. The protocol aims to bridge the gap between traditional gaming and the emerging Web3 ecosystem, ushering in an era where every interaction in the gaming ecosystem has tangible value and impact. W3GG is backed by industry giants such as YGG, IVC, Animoca Brands and has strategically invested in over 70 cutting-edge web3 games, including Dark Times, Heroes of Mavia, APEIRON, and Wild Forest.

For more information, readers can visit w3gg.io.

Contact

Head of Marketing and Community
Joyal Langoy
W3GG
joyal@w3gg.io

This article was originally published on Chainwire.