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Wizardia

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Discover Wizardia's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Wizardia?

Wizardia (WZRD) is a utility token and in-game currency for a AAA-quality Play-to-Earn online role-playing strategy game. The game combines turn-based combat, base-building, and player-driven game evolution, with unique NFTs at its core. The token is cross-chain, available on both Solana and Binance Smart Chain, and is used for staking, yield farming, and in-game transactions.

How is Wizardia used?

Wizardia (WZRD) is a cryptocurrency used in a play-to-earn fantasy Metaverse game called Wizardia. The game is a turn-based battler with RPG elements, where players obtain and upgrade wizards and use them to fight against other players. The WZRD token can be used in various ways within the game:

  1. Entry Tickets and Consumables: Players can use WZRD tokens to buy entry tickets for tournaments and consumables like Wizard Enhancers.

  2. PvP and PvE Battles: Players engage in PvP duels and PvE battles against AI-powered opponents, earning rewards in WZRD tokens and NFTs for each victory.

  3. NFT Upgrades and Trading: WZRD tokens can be used to upgrade Wizard NFTs, which can then be sold, traded, or rented out in the Wizardia Market. Players can also earn passive royalty shares from transactions in the market.

  1. Tournaments and Prize Pools: Skilled players compete for a share of generous tournament prize pools, further incentivizing gameplay and token usage.

Overall, the WZRD token is integral to the gameplay and economy of Wizardia, providing players with multiple ways to earn and utilize the token within the game.

How do I store Wizardia?

To store Wizardia (WZRD) tokens, you have several options:

  1. Exchanges' Wallets: You can store your Wizardia tokens on exchanges like Binance Wallet or other crypto exchanges. This is a convenient option, but keep in mind that these wallets are online and may be vulnerable to hacks.

  2. Crypto Wallets: You can store your Wizardia tokens in crypto wallets like Trust Wallet. These wallets are also online but offer better security than exchange wallets.

  3. Cold Wallets: For long-term storage and maximum security, consider using cold wallets, which are offline. There are two types of cold wallets:

  • Paper Wallets: Generate a public and private key offline and print them for secure storage.
  • Hardware Wallets: These are physical devices that store your keys offline, providing high security.

Remember to always follow best practices for securing your wallets and private keys to protect your Wizardia tokens.

How to buy Wizardia?

To buy Wizardia (WZRD) tokens, follow these steps:

  1. Create an Account on a Centralized Exchange:

    • Register on a reliable centralized exchange like Gate.io.
    • Complete the Know-Your-Customer (KYC) and security verification process.
  2. Buy WZRD on the Exchange:

    • Once verified, you can purchase WZRD tokens directly on the exchange using your preferred payment method.
  3. Alternative Option: Decentralized Exchange (DEX):

  • If WZRD is not listed on your preferred centralized exchange, you can use a DEX like Pancake Swap.
  • Download a crypto wallet like Trust Wallet and set it up.
  • Buy BNB (Binance Coin) on Binance and transfer it to your Trust Wallet.
  • Connect your wallet to the DEX and trade your BNB for WZRD tokens.
  1. Use Your WZRD Tokens:
    • Your WZRD tokens can be used to buy Entry Tickets for Tournaments, Consumables, and Wizard Enhancers within the Wizardia game.

Remember to always research and understand the associated risks before investing in any cryptocurrency.

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History of Wizardia

Wizardia (WZRD) is a utility token that powers the Wizardia game, a Play-to-Earn (P2E) online role-playing strategy game built on three core gameplay pillars: innovative turn-based combat, base-building with a sophisticated economy model, and player-decision driven game evolution. The game allows players to engage in various modes such as PvP and PvE battles, base-building, exploration, item crafting, and research of crafting recipes. The token is minted on the Solana network with a bridge to Binance Smart Chain (BSC) and serves as both a utility token and in-game currency.

Wizardia has a strong focus on community engagement, with various social media platforms and a blog where the team shares updates and insights. The community is seen as a crucial factor in driving the token's success, as a positive and engaged community can boost the token's price, while negativity and doubt can hinder its growth.

In terms of its history, Wizardia has faced challenges such as the bear market and the collapse of FTX but has managed to emerge stronger, with significant developments in 2023, including the creation of a leveling system, an Android app, and prestigious CoinMarketCap verification. The team is working towards listing WZRD on major exchanges and enhancing the brand's presence through social media and website revamps.

Wizardia's tokenomics involve staking for stability and rewards, yield farming, and internal medium of exchange use cases. The token's price is highly volatile and influenced by various market factors, making it difficult to predict its future value.

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How Wizardia works

Wizardia (WZRD) is a cryptocurrency token designed for use within the Wizardia ecosystem, a play-to-earn (P2E) online role-playing strategy game. Here's an overview of how it works:

Token Generation and Distribution

Wizardia minted a total of 300 million tokens during its Token Generation Event (TGE). These tokens are distributed across several rounds, events, and teams, with 120 million reserved for the P2E reward pool and staking.

Token Utility

The WZRD token serves as both the in-game currency and the currency for the future Wizardia metaverse. It allows players to spend, earn, or exchange tokens within the game environment and beyond.

Staking and Rewards

Wizardia offers staking rewards to its investors. By staking WZRD tokens, users can earn up to 114% APY. The staking period can vary, with longer periods yielding higher rewards. Additionally, stakers have the chance to win extra prizes like non-fungible tokens (NFTs) that can be used for gameplay.

Cross-Chain Functionality

The WZRD token is minted on Solana (SOL) and trades on Binance Smart Chain (BSC), making it a cross-chain token. This allows for greater flexibility and accessibility across different blockchain networks.

Community and Sentiment

The Wizardia community plays a crucial role in driving the token's success. Positive sentiment and engagement within the community can boost the token price, while negativity and doubt can have the opposite effect. The community is encouraged to stay bullish and supportive to fuel the token's growth.

Token Claim and Vesting

Token claims are handled through various platforms, including team.finance and individual launchpad token claim portals. The vesting schedule ensures that tokens are released to investors over time, with some tokens airdropped directly to wallets.

Trading and Listings

Wizardia is listed on several exchanges, including Gate.io and PancakeSwap. Users can trade WZRD tokens on these platforms, and the token is available for purchase with USDT.

Overall, Wizardia's WZRD token is designed to be a central part of the Wizardia ecosystem, providing utility and rewards to its users while fostering a strong community to drive its success.

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Wizardia's strengths

The token Wizardia (WZRD) has several strengths that contribute to its potential success:

  1. Strong Community: Wizardia emphasizes the importance of a vibrant and engaged community. The project's success is heavily reliant on community sentiment, which can drive token price and overall adoption. The Wizarmy, as the community is called, is encouraged to participate actively and provide feedback to shape the project's development.

  2. Utility Token: WZRD is a utility token that serves multiple purposes within the Wizardia ecosystem. It can be used for staking, yield farming, and as an internal medium of exchange. This multifaceted utility enhances the token's stability and value.

  3. Play-to-Earn (P2E) Game: Wizardia is built around a P2E game, which rewards players for their contributions to the game's metaverse. This model creates a sustainable economy where players are incentivized to participate and invest in the game, thereby supporting the token's value.

  1. In-Game Currency: WZRD acts as the in-game currency, allowing players to purchase consumables and other items that enhance their gaming experience. This usage creates a natural demand for the token and helps maintain its value.

  2. Long-Term Focus: The Wizardia team is committed to building a long-lasting and sustainable game economy. This focus on the long-term ensures that the project is not solely driven by short-term financial gains but rather by creating a robust and engaging gaming experience that supports the token's value over time.

  3. Regular Updates and Communication: The Wizardia team prioritizes clear communication and regular updates to keep the community informed about new developments, ensuring that the community remains engaged and motivated to support the project.

These strengths collectively contribute to the potential success and stability of the Wizardia (WZRD) token.

Wizardia's risks

Wizardia (WZRD) is a cryptocurrency project that, like many others in the industry, carries financial risks. One key aspect of these risks is the volatility of the token's price. The price of WZRD has experienced fluctuations, similar to other prominent crypto projects such as Illuvium and Axie, which is a widespread trend in the crypto industry.

InvestorsObserver, a risk analysis platform, has given Wizardia a high risk assessment. This assessment is based on a proprietary scoring system that calculates the amount of money required to move the price over a 24-hour period, considering changes in volume and market capitalization. The system aims to determine if a crypto can be easily manipulated by limited trading activity. Low scores indicate high risk, while high scores indicate low risk.

Additionally, Wizardia's terms and conditions explicitly acknowledge that there are risks associated with purchasing, holding, and using cryptographic tokens and virtual assets. This highlights the importance of understanding these risks before investing in the project.

Overall, Wizardia's financial risks are primarily centered around price volatility and the potential for manipulation due to limited trading activity.

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Wizardia's ecosystem

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Wizardia’s team

  • Mind (CEO): Experienced team and community leader with a background in project management, marketing, and international event coordination.
  • Tom (COO): Expert in digital marketing with over 13 years of experience, having created successful apps for Facebook, Shopify, and others.
  • Mantas (Creative Director): Visual communication expert with credits in video games, films, and art, leading Wizardia’s design strategy.
  • Gediminas (Game Design Consultant): Seasoned game designer with over a decade of experience in the professional game industry.
  • Marius (CTO): Leads Wizardia’s engineering team, overseeing technical solutions and strategy.
  • Ryan Turnbull (Chief Vibe Officer): Builds Wizardia’s community, creates engaging content, and fosters partnerships with other web3 projects.

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The fundamental analysis assistant for crypto value investors.

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