VPNAcquire AccountSubscribeSubmit DAPP
Switch Language:
Home > News > context

Spielworks has publically launched its in-game DeFi token – $WOMBAT

Specialising in blockchain gaming and DeFi – Spielworks has announced the public launch of its digital token – $WOMBAT. The introduction of the token will bring together a wide range of functions within the Spielworks ecosystem, according to the team, such as premium subscriptions, product and service purchases and staking.

“We are excited to be moving closer toward the token launch,” says Adrian Krion, CEO of Spielworks. “The WOMBAT token launch will bring our ecosystem to a whole new level, giving the community more say on its development and growth and enabling a wide array of new products and services. It will move us evermore closer to our end goal of becoming the ultimate blockchain gaming platform, complete with a robust, sustainable, and bustling economy powered by its own token.”

Introducing its own token effectively just brings greater functionality to its already well-performing ecosystem. At present, its NFT staking game – Wombat Dungeon Master consists of 65,000 daily users, 250,000 monthly users, and 600,000 staked NFTs. It’s this, in conjunction with its Wombat Wallet, that will serve as a conduit for $WOMBAT utility in the coming months.

The token will be initially released on the Ethereum blockchain, with a hard maximum supply of 10 billion. Players will be able to earn the token by completing missions and quests within the Wombat ecosystem, with 30 per cent of the total supply earmarked for community rewards reserve.

Interested in Block Chain Game, Welcome to JBB.ONE
Comments
0 / 1000
Latest Updates
Solana Labs Is Developing A Web3 Mobile Phone
Solana Labs Is Developing A Web3 Mobile Phone
Gate NFT showcases fractional NFTs and crowdfunding features
Gate NFT showcases fractional NFTs and crowdfunding features
The Sandbox and TIME bring ‘TIME Square’ to the metaverse
The Sandbox and TIME bring ‘TIME Square’ to the metaverse
Breaking News
Solana Labs Is Developing A Web3 Mobile Phone
Solana Labs Is Developing A Web3 Mobile Phone
Epic Games to List a New NFT Game – Blankos Block Party
Epic Games to List a New NFT Game – Blankos Block Party
Gate NFT showcases fractional NFTs and crowdfunding features
Gate NFT showcases fractional NFTs and crowdfunding features
The Sandbox and TIME bring ‘TIME Square’ to the metaverse
The Sandbox and TIME bring ‘TIME Square’ to the metaverse
Oasys and ConsenSys join forces to build a better end-to-end blockchain gaming experience
Oasys and ConsenSys join forces to build a better end-to-end blockchain gaming experience
Isekaiverse x Anime Expo 2022 – Samurais of Voice Competition!
Isekaiverse x Anime Expo 2022 – Samurais of Voice Competition!
Spider Tanks: Mayhem Week 4 Tournament
Spider Tanks: Mayhem Week 4 Tournament
Solana Unveils Web3 Focused Smartphone – Saga
Solana Unveils Web3 Focused Smartphone – Saga
End of month report: Blockchain gaming holding its own despite crypto worries
End of month report: Blockchain gaming holding its own despite crypto worries