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W-Coin reserves 70% for the community after Toncoin launch

source-logo  cryptopolitan.com 01 November 2024 12:33, UTC

W-Coin is turning into the next tap-to-earn hot token, will reserve 70% of its tokens for the community, with the remaining 30% to be distributed for growth. 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 its launch, with 70% reserved for ‘mates’, or all game participants. The project ran a preliminary campaign of tapping, where the community had to choose between Ethereum, Solana, and Toncoin. The selection of the main chain was also known as the mining phase for W-Coin, which helped build its community. W-Coin also carries 2.6M followers on X, surpassing most meme tokens.

After choosing Toncoin, W-Coin is preparing for the next stage of its life cycle as a tap-to-earn project. After an October 27 snapshot, the game will continue with more tapping while adding rewards for bringing more mates.

Source: W-Coin on X

The popularity of W-Coin on X and Telegram suggests the game may be the next big thing in tap-to earn. The season of Hamster Kombat, Tapswap, and Catizen has peaked, but Telegram games are still an alternative to meme cults.

The distribution of W-Coin may be its main feature, as previous projects limited the community earnings. The potential for a more fair launch may drive users to the new game. W-Coin’s tapping app will also require using the W-AI bot to earn WAI tokens. The activity will be key to receiving the future airdrop of tradable WAI tokens. While using the W-AI bot, players will also be able to compete for TON, a liquid and tradable token.

W-Coin has also added tokenomics for staking the upcoming asset. Even at the stage of point rewards, W-Coin can bring passive income and boost the levels. Most of the registered wallets also use bots and cheaters, which will speed up the W-Coin economy, but also challenge newcomers to either use boosters, or increase their balance by inviting new mates.

W-Coin depends on tasks and boosters

W-Coin is now in the tap-to-earn stage, where even simple tapping can increase balances. However, the game mostly depends on special missions, as well as boosters. Simple taps will earn 1 W-Coin per tap per level. W-Coins are for now accrued as balances for players, and cannot be sent or received from other players. They serve strictly to set up balances and leaderboards for an eventual airdrop. So far, W-Coin has not passed an airdrop date, and may spend months in the tapping and expansion stage. However, it remains a closely watched Telegram-based app.

Users can purchase a series of speed-up items, including a Charger, a Maximizer, a Multiplier, or a full W-orker bot, which taps instead of the player. Those items may soon create a highly competitive leaderboard dominated by early players, but also build an economy of additional demand.

W-Coin also issues new types of challenges, also awarding SUI and sometimes, NFT items. However, the biggest multiplier is inviting more Mates, which may grant both additional boosters and large one-time rewards depending on level. At this stage, the referral program may be the biggest source of activity and adoption for both older Toncoin users and newcomers.

Is a listing coming for W-Coin?

W-Coin only exists as a system of points within a tap-to-earn app. The token has not been launched or airdropped, and is still a community-based expectation for rewards.

After its initial tapping stage, the project counted more than 7.7M wallets connected, out of more than 30M invitations.

The reach of tapping games seems even wider compared to the social media footprint of meme tokens. The app activity also ensures engagement even weeks before any trading starts, giving the asset an initial boost of adoption.

Additionally, the W-Coin team has set aside its assets for a centralized exchange listing. The approach is similar to Notcoin (NOT), which started purely through idle app activity, then graduated to a token traded on Binance.

NOT even surpassed TON in its listing, as it showed the presence of a real community. The Notcoin tapping game, as well as other mini-apps, have proven sustainable beyond their token trading.

cryptopolitan.com