WAGMI Game

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Discover WAGMI Game'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 WAGMI Game?

WAGMI Games (WAGMIGAMES) is a cryptocurrency token operating on the Ethereum platform, primarily used within the WAGMI Games ecosystem. The token is designed to facilitate in-game purchases, unlock exclusive content, and provide governance and voting power to its holders. It is part of a broader Web3 transmedia entertainment franchise that includes mobile gaming, interactive storytelling, collectibles, anime, and comics, aiming to bridge the gap between traditional and Web3 gaming experiences.

How is WAGMI Game used?

The crypto WAGMI Game (WAGMIGAMES) is a utility token used across the WAGMI Games ecosystem. Here are some key ways it is utilized:

  1. In-Game Purchases: Players can use WAGMIGAMES tokens to purchase Adallium, the soft currency in WAGMI Defense, which can be spent to acquire items in the in-game shop.

  2. Token-Holder Exclusive Tournaments: WAGMI Games will introduce tournaments exclusively for WAGMIGAMES token holders, offering grand prizes and rewards.

  3. NFT Marketplace: The token can be used as an accepted currency when listing NFTs in the WAGMI Marketplace, including Genesis, Founder’s, and Comic NFTs.

  1. On-Chain Governance: Token holders can participate in decentralized and transparent voting on certain aspects of the game through an on-chain governance system.

These uses highlight the token's role in enhancing the gaming experience and fostering community engagement within the WAGMI Games ecosystem.

How do I store WAGMI Game?

To store WAGMI Game (WAGMIGAMES) tokens, you can use various cryptocurrency wallets. Here are the steps to follow:

  1. Connect Your Wallet: Link your active cryptocurrency wallet to the platform. This can be done by visiting the official website of the wallet provider and following their instructions for connecting your wallet.

  2. MetaMask Wallet: You can also use MetaMask, a popular digital wallet, to store and manage your WAGMIGAMES tokens. This can be done by connecting your MetaMask wallet to the platform, which supports both hot and cold storage wallets.

  3. Other Wallet Options: There are several other wallets where you can store WAGMI Game tokens. These include wallets that support various cryptocurrencies and offer secure storage options.

By following these steps, you can safely store your WAGMI Game tokens and manage them for future use.

How to buy WAGMI Game?

To buy WAGMI Game (WAGMIGAMES) tokens, follow these steps:

  1. Choose an Exchange:

    • Select a reliable and trustworthy centralized exchange that supports WAGMI Games (WAGMIGAMES) purchases. Consider the ease of use, fee structure, and supported payment methods when choosing a crypto exchange. Popular exchanges include Gate, Bitmart, and DigiFinex.
  2. Create an Account:

    • Enter the required information and set a secure password. Enable 2FA using Google Authenticator and other security settings to add an extra layer of security to your account.
  3. Verify Your Identity:

  • Complete KYC verification, which may require providing a photo ID and phone number for SMS verifications. This step is necessary for trading on some exchanges.
  1. Add a Payment Method:

    • Follow the instructions provided by the exchange to add a credit/debit card, bank account, or other supported payment method.
  2. Buy USDT:

    • Purchase USDT (Tether) using your added payment method. This will be used to exchange for WAGMIGAMES.
  3. Exchange USDT for WAGMIGAMES:

  • Use spot trading on the exchange to exchange your USDT for WAGMIGAMES. You can search for WAGMIGAMES in the spot trade page and fill out the buy form.

Alternatively, you can use a decentralized exchange (DEX) like Uniswap V2. For this, you will need to:

  1. Download a Crypto Wallet:

    • Download a wallet like Trust Wallet or Metamask, which supports the blockchain where WAGMIGAMES is listed.
  2. Set Up Your Wallet:

    • Register and set up the wallet, making sure to keep your seed phrase safe and noting your wallet address.
  3. Buy ETH:

  • Buy ETH (Ethereum) on an exchange like Binance and transfer it to your wallet.
  1. Choose a DEX:

    • Select a DEX like 1inch that supports your wallet and the blockchain where WAGMIGAMES is listed.
  2. Connect Your Wallet:

    • Connect your wallet to the DEX using your wallet address.
  3. Trade ETH for WAGMIGAMES:

  • Select ETH as the payment and WAGMIGAMES as the coin you want to acquire. If WAGMIGAMES doesn't appear, find its smart contract address on Etherscan and paste it into the DEX.

Remember to always follow the specific instructions for each exchange and wallet, and be cautious of scams and market risks.

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History of WAGMI Game

The history of WAGMI Game (WAGMIGAMES) began in 2021 when the company was founded to create a hybrid experience of online gaming and blockchain economics. The project aimed to bridge the gap between traditional gaming and Web3 technology, offering a unique gaming ecosystem powered by the WAGMIGAMES ERC token.

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How WAGMI Game works

The crypto WAGMI Game, also known as WAGMIGAMES, is a mobile gaming franchise that combines traditional gaming with Web3 elements. Here's how it works:

Gameplay

The game, WAGMI Defense, is a Tower Defense mobile game where players can choose to play as either humans or aliens. The objective is to construct a deck of cards, devise a strategy, and engage in head-to-head battles to protect their towers while trying to dismantle their opponents'. The game is designed to be played in short sessions, with each battle lasting around three minutes.

In-Game Economy

Players can purchase in-game items, such as cards and upgrades, using fiat currency or cryptocurrency. The game features a valuable resource called NiFe, which is used to upgrade cards. Players can earn NiFe and additional Upgrade Cards by winning battles. They can also earn Experience Points to upgrade their cards and advance their account levels.

Web3 Integration

WAGMI Games uses blockchain technology to provide players with ownership of in-game items. These items can be traded, lent, or sold, giving players a sense of control and agency over their gaming experience. The game also features non-fungible tokens (NFTs), which can be purchased using fiat or cryptocurrency.

Utility Token

The $WAGMIGAMES utility token is used across the entire ecosystem, including in WAGMI Defense. This token allows players to participate in various activities within the game, such as purchasing in-game items and participating in skill-based battles.

Community and Expansion

WAGMI Games aims to create a strong community of gamers who can come together to participate in friendly battles, competitive tournaments, trade collectibles, and engage in other social activities. The company plans to expand its universe by creating a series of games, comic books, real-life collectibles, and an immersive Cinematic Universe with a TV series, films, and anime.

Overall, WAGMI Game combines the entertainment aspect of traditional gaming with the benefits of Web3 gaming, offering players ownership of in-game items, potential rewards through skill-based battles and tournaments, and the ability to power up, lend, and sell in-game items and collectibles.

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WAGMI Game
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WAGMI Game's strengths

The token WAGMI Game (WAGMIGAMES) has several strengths that contribute to its utility and value within the WAGMI Games ecosystem:

  1. In-Game Purchases: The token can be used to purchase Adallium, a soft currency in WAGMI Defense, which can be spent on in-game items. Additionally, a portion of in-game fiat revenue is automatically converted to $WAGMIGAMES tokens, ensuring a symbiotic relationship between the game's success and the token's value.

  2. Exclusive Tournaments: Token holders have access to exclusive tournaments with grand prizes, fostering a sense of community and encouraging players to hold and use the token within the game.

  3. On-Chain Governance: The token enables decentralized and transparent voting on various aspects of the game, such as new in-game items, maps, and game mechanics. This governance feature gives token holders a say in the game's development and direction.

  1. Marketplace Utility: The token can be used as an accepted currency when listing NFTs in the WAGMI Marketplace, further expanding its utility within the ecosystem.

  2. Strong Community: WAGMI Games has a dedicated community, with a presence on various social media platforms and a detailed roadmap for the project, indicating a strong foundation for the token's growth and adoption.

These strengths collectively enhance the value and utility of the $WAGMIGAMES token, making it a vital component of the WAGMI Games ecosystem.

WAGMI Game's risks

WAGMI Games (WAGMIGAMES) carries significant financial risks. It has been assigned a high risk rating by InvestorsObserver due to its volatility and susceptibility to market manipulation. The proprietary scoring system used by InvestorsObserver evaluates the amount of money required to move the price over a 24-hour period, considering recent changes in volume and market capitalization. This assessment indicates that WAGMI Games is highly vulnerable to price manipulation by limited trading activity, which can lead to significant losses for investors.

Additionally, Coincu advises that WAGMI GAMES is a high-risk investment, emphasizing the need for investors to have a high tolerance for risk and to conduct thorough research before making investment decisions. The cryptocurrency's market capitalization and trading volume are subject to significant fluctuations, further increasing the risk associated with investing in WAGMI Games.

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Did WAGMI Game raise funds?

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WAGMI Game’s team

  • Ian Bentley: Chief Executive Officer, with a successful $20M exit from Autotropolis and experience in building successful brands and game development.
  • Luis Trujillo: Chief Gaming Officer, a visionary leader in the gaming industry known for his ability to bring immersive experiences to players via original art, lore, and character creation.
  • Khaled Salem: Chief Technology Officer, with extensive technical expertise in blockchain technology, web technology, and the legalities of the industry.
  • Scott Herman: Vice President of Strategic Partnerships, known for his channels OhTheHermanity and ScottHermanFitness, with expertise in in-game economy and character balancing.
  • Kostas Kroustaloudis: Development Director, with exceptional leadership skills and a deep understanding of game mechanics, stats, and functions.
  • Esteban Gil: Co-founder, with experience in running events, developing games, and managing projects, particularly in the Latin American market.
  • Brent Pease: Chief Operating Officer and General Manager, with a background as a Director of Operations.
  • Alex Becker: Advisor, with 2.4 million followers.
  • George Tung: Advisor, with 750,000 followers.
  • Alexander S: Advisor, known as the creator of various projects.
  • Ed Del Castillo: Advisor, a producer with experience in the gaming industry.
  • Brian D. Evans: Advisor, recognized as one of the "40 Under 40".

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