W-coin already drew in 182K subscribers to its channel, with the potential to turn into a high-profile Toncoin token.
W-Coin is preparing for a tap-to-earn launch, reserving 70% of its tokens for the community, with the remaining 30% allocated for growth and other purposes. The project, which aims to become a prominent Toncoin token, has already amassed 182K subscribers on its Telegram channel.
After an October 27 snapshot, W-Coin participants will embark on a tapping game, where each tap earns W-Coin, and bringing more "mates" to the game unlocks additional rewards. The game's popularity on Telegram and X, with over 2.6M followers, positions it as a potential major development in the tap-to-earn space.
no dull moment W-Coin, a new tap-to-earn project, is preparing for launch, promising a unique community-centric token distribution. As the project unfolds, here's a closer look at its key aspects, challenges, and potential in the Toncoin ecosystem.
The project's popularity on Telegram and X, with over 2.6M followers, positions it as a potential major development in the tap-to-earn space, especially considering the recent peak in Hamster Kombat, Tapswap, and Catizen. Notably, Telegram games have become a vibrant alternative to meme cults.
Moreover, W-Coin's tokenomics include staking for the upcoming token, where even at the stage of point rewards, W-Coin can generate passive income and boost levels in the game. Most of the registered wallets also use bots and cheaters, which will accelerate the W-Coin economy but also pose a challenge for newcomers to increase their balance without using boosters or inviting new mates.
The project's dependence on tasks and boosters is also evident, with simple taps earning 1 W-Coin per tap per level and users being able to purchase a range of speed-up items. Those include a Charger, a Maximizer, a Multiplier, or a full W-orker bot, which taps instead of the player. Those items might lead to a highly competitive leaderboard, dominated by early players, and an economy of additional demand.
Finally, W-Coin also issues new types of challenges, awarding SUI and sometimes NFT items. However, the biggest multiplier is inviting more "Mates," which can grant both additional boosters and large one-time rewards based on level. At this stage, the referral program might be the biggest driver of activity and adoption, both for veteran Toncoin users and newcomers.
Overall, W-Coin's community-centric approach and integration with the Toncoin ecosystem make it a project to watch, especially in the context of tap-to-earn and meme culture within Web3.