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Cryptocurrency News Articles
Gamee Expands Its Wat Project To Reward NFT Holders of Mocaverse, Space Doodles, and More
Jun 12, 2024 at 07:15 pm
Although Animoca Brands' hypercasual gaming ecosystem Gamee was running games on social app Telegram prior to its move into web3, the gaming network has recently seen a significant uptick in activity.
Animoca Brands’ hypercasual gaming ecosystem Gamee has seen a recent uptick in activity, thanks in part to its move into web3 and the integration of Telegram's TON blockchain. Now, Gamee is expanding its blockchain gaming presence with the Wat Project, which has already attracted over 2 million TON wallets.
Gamee was already running games on social app Telegram before its move into web3. Now, however, the gaming network is seeing a significant increase in activity due to its migration of the GMEE token to Ethereum following a $15 million hack on Polygon at the start of 2024.
The main reason for the uptick in activity is the explosive growth in activity on Telegram's now-integrated TON blockchain, which allows all Telegram users to easily create their own non-custodial wallets.
Combined with the TON token entering the crypto top 10 in terms of market cap, as well as the success of other meme gaming projects such as Notcoin and Hamster Kombat, Telegram now provides a great opportunity for Gamee to extend its blockchain gaming presence.
And that's something it's fulfilling with its Wat Project, which has already attracted over 2 million TON wallets.
It works by allowing users to earn WatPoints for staking GMEE tokens on Ethereum, ‘mining’ on Telegram, and playing Gamee's casual series of Arc8 mini-games.
Now, Gamee is expanding the reward system to include NFT holders of prominent collections Mocaverse, Space Doodles, Grapes, San FranTokyo, Pudgy Penguins, and its own Arc8 Beasts. The more users that sign up, the more WatPoints NFT holders will earn.
“With 80 million people across the ecosystem — GMEE token holders, Telegram players, and Arc8 players — we figured it's about time we connected them and rewarded everybody all at once!”
Gamee commented in the official announcement.
For more details, visit the Wat Protocol website.
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