W3GG, the Yield Guild Games (YGG) backed decentralized gaming protocol, announced the listing of its native token, $W3GG, on Gate.io, MEXC, and Uniswap, marking a significant milestone in its mission to redefine the gaming industry through Web3 technology. The listing is scheduled to go live on September 25, 2024, at 10 am UTC.
W3GG and the Future of Web3 Gaming
According to the W3GG team, the gaming industry, projected to reach $125 billion by 2032, according to Global Market Insights, is undergoing a shift with the rise of Web3 gaming. Web3 is changing how gamers interact with the digital world by promising digital asset ownership and earning opportunities within games. The W3GG protocol is part of this transformation, providing players with ownership of in-game assets and enabling developers to directly reward users.
Expanding Market Reach
The listing of $W3GG on Gate.io, one of the top global exchanges by trading volume, and MEXC, another global exchange known for its focus on emerging blockchain projects, ensures that the token will be available to a wide and diverse user base. Additionally, the decentralized nature of Uniswap allows users to trade $W3GG seamlessly and directly, providing liquidity and ease of access for decentralized finance enthusiasts.
Position in the Web3 Gaming Ecosystem
According to a report by Delphi Digital, Web3 games and metaverse projects raised nearly $673 million from January to June 2024, underscoring the rapid evolution of this space. W3GG, with its decentralized gaming protocol and growing ecosystem of over 70 different Web3 games, aims to capitalize on this growth. The protocol's native token aims not only to fuel in-game transactions and reward opportunities but also to enable users to participate in the governance and future direction of the platform.
W3GG aims to become a key player in the Web3 gaming market with its decentralized gaming protocol and native token $W3GG. The listing on three major platforms provides a new level of access and opportunity for users, marking an important step towards redefining the gaming industry leveraging blockchain technology.
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