All You Need to Know About WAGMI Games

2/17/2024, 2:52:30 AM
Intermediate
Altcoins
Discover how Web3 meets gaming with WAGMI Games.

Gaming has evolved over the years from two-dimensional to hyper-realistic. The gaming industry itself is a multi-million dollar industry, racking up to $347 million as of 2022. Today, many games feature a play-to-earn model that incentivizes users to keep playing their games.

However, there is a disconnect between today’s gamers and the cryptocurrency world. WAGMI Games has ventured into this untapped market to bridge this gap. This article will explore how WAGMI Games works and the games they offer.

What is WAGMI Games?

Source: https://gam3s.gg/wagmi-games/review/

WAGMI Games is a cross-media entertainment game company focused on crafting some of the most captivating gaming franchises in the world using rich lore and immersive storytelling. The company’s mission is to create a community of gamers and players while offering a high-end entertainment experience that will bridge the gap between Web3 and Web2.

The company’s slogan is an extension of its name, WAGMI, which is expanded to mean “We Are All Going To Make It.”

History of WAGMI Games

WAGMI Games was founded in 2021 to create a hybrid experience of online gaming and blockchain economics. The founding team consists of six individuals from different industries, including web3, theatre, and technology. The CEO, Ian Bentley has served as a consultant to businesses spanning various industries ranging from Broadway, cuisine, and health care. The Chief Operating Officer, Brent Pease, is a veteran in the gaming industry, boasting over 30 years of experience, and also served as Senior Director of Operations at Electronic Arts.

Nonetheless, since its launch, WAGMI Games has gone on to partner with several organizations, including ImmutableX, Room8 Studio, Chainplay, Lockworks, Google Ads, Polemos, and so on.

How Does WAGMI Games Work?

Many traditional gamers are not interested in learning how to buy tokens, set up a DeFi wallet, or deal with cryptocurrency-related issues. This lack of interest is the biggest obstacle preventing the adoption of Web3 games. To solve this problem, WAGMI’s primary project, WAGMI defense, is a beta app to encourage the adoption of web3 games without the burden of cryptos, NFTS, and DeFi wallets as is typical of web3 gaming. This makes it possible for players to keep and exchange assets in the WAGMI ecosystem without directly transacting in cryptocurrency, thus making the game more accessible to a broader audience.

Players don’t need to create an account immediately after playing. To join the game, players must go through a tutorial to learn about in-game items, how to play and other information. After completing the tutorial, they will be asked to create an account with a one-click social sign-in service like Google or Apple. This process is password-free, easing players into the game better. After creating an account, players can access the entire game without restrictions.

Once comfortable with the game, players can choose whether to keep playing for free or make micro-transactions to speed up their progress. Items like game cards, fiat currency, resources, emotes, or seasonal passes can be bought with fiat or cryptocurrency. Once players gain these items, they can use them to level up or sell them on secondary marketplaces.

Additionally, after account creation, every player receives a custodial wallet (Immutable Passport) courtesy of WAGMI Games. The wallet will be used to store all in-game items, or if they prefer, players can choose to connect and use their external wallets. This feature enables players to easily access, manage and transact their in-game items without the need to understand blockchain technology.

WAGMI Games will also use instructional campaigns to teach players how to manage their in-game wallets. These campaigns will teach them how to trade and upgrade their in-game assets. This will help players without prior blockchain experience understand the full potential of their assets.

Main Features of WAGMI Games

WAGMI Games is focused on converting traditional gamers into Web3 enthusiasts with its fusion of high-quality games and a sustainable in-game economy. This project offers several innovative features at its core, some of which include:

Fiat Micro Transactions

The capacity for in-game item ownership sets Web3 games apart from traditional online games. WAGMI Games leverages this by allowing players to buy in-game NFTs with real money using payment methods like Google Pay, Apple Pay, and Paypal. The project aims to serve as a hybrid of crypto and traditional gaming, thus increasing mass adoption and easily transitioning players into Web3.

Aggressive Google Marketing

WAGMI Games will launch an advertising campaign with Google Adwords to promote their premier game- WAGMI Defense. The company will use a whitelisted Google account to access its powerful marketing tools. In return, Google will use WAGMI Defense as a case study for successfully marketing a Web3 game to traditional gamers.

Strong Partnerships

According to the project’s whitepaper, Ethereum’s recent shift to proof-of-stake and its overall security facilitated the decision to launch WAGMI Defense on ERC-20. However, Ethereum’s high gas fees may make crypto games less profitable because in-game products have less value.

A solution to this is to use Immutable-X’s technology to allow users to mint and transfer their in-game items on their Layer 2 Ethereum network, which is cheaper. With this partnership, users can mint digital items instantly while paying little to no gas fees and also enjoy the security of Ethereum’s main net. That’s not all, though. WAGMI Games officially partnered with OpenSea in August 2023. This partnership makes it easy for WAGMI Games to spread information about digital asset ownership.

WAGMI Games Ecosystem

WAGMI Games has created an ecosystem that empowers its players to truly own their assets. It is a thriving, interconnected ecosystem that builds a vibrant community where collaboration and skills thrive. Key aspects of the WAGMI Games Ecosystem include:

WAGMI Defense

This is the first game released from the WAGMI Games franchise. It is a mobile strategy/card collection game, and its beta version is currently soft-launched in select countries. WAGMI Defense is a new game genre that offers fun and fast-paced gameplay, allowing players to level up cards in their collection. Players’ ranks increase or decrease the more they win or lose battles.

Gameplay

Source: https://gam3s.gg/wagmi-games/review/

WAGMI Defense is a mobile tower defense PvP game set in 3022. Aliens broke a galactic treaty and invaded Earth to steal an element called “NiFe,” which is essential for their survival and causes war between aliens and humans. To protect themselves, the humans assembled a force called WAGMI to counter the aliens.

Players can play as an alien or a human, and each side has its unique towers, gear, and abilities. All players will start the game with a base set of cards. They can only upgrade their characters by buying NFT upgrades from the WAGMI marketplace with WAGMIGAMES tokens.

WAGMI Defense features a play-to-earn model where players participate in real-time battles to destroy other players’ towers. The battle will happen in an arena. In the arena, players must defend two towers and one main tower against the enemy. The arena is divided into two for each side. If the enemy’s tower falls, their territory falls into the winning player’s possession.

Players use their trading cards to send out troops and activate power-ups. They can also create clans and exchange cards to earn rewards. Winning players get in-game currency, NiFe. WAGMI Defense also features a wagering system where two players bid based on their skill levels before engaging in a winner-take-all battle.

NFT Collections

WAGMI Games features different NFT collections, but they are more than just digital assets. Each collection offers various benefits for its holders, exposing them to different possibilities. These collections include:

Genesis NFT Collection

Source: https://gamefi.org/games/wagmi-game

The Genesis collection comprises 3,022 NFTs hand drawn by artist MaddSketch. They include avatars in WAGMI Defense, including Temeluchus, Chemosh, Dagon, Sartosis, Archon, Apollyon, Leviathan, Melek Taus, Figyu, Stemima, Melcrose, and Talos.

This NFT collection offers a lot of benefits for its holders. For example, holders can claim PLUS, an in-game asset bundle containing weapons, power-ups, armour, etc., as NFTs. They also gain access to the WAGMI discord community and earn a residual income of 10% of the revenue generated from all in-game purchases.

These rewards will be distributed proportionately to the number of Genesis NFTs each holder owns. Players must complete quests that benefit the WAGMI ecosystem to claim the rewards. Such quests include engaging in battles or leaving game reviews on the App Store or Google Play Store.

NiFe Wars Comicbook Collection

Source: @wagmi/the-physical-nife-wars-comics-are-here-how-to-claim-yours-f2f4f2bcbba8"">https://medium.com/@wagmi/the-physical-nife-wars-comics-are-here-how-to-claim-yours-f2f4f2bcbba8

This collection is based on the NiFe Wars comics, a series covering the story of the WAGMI Games universe. There are 5,973 NFTs in this collection, and holders can claim exclusive cards that can be used in-game and traded on the secondary marketplace. Since it is a limited edition NFT collection in a franchise with growing numbers, these cards are expected to be highly sought after.

WAGMI Games Founder’s Packs

Source: @wagmi/wagmi-games-announces-the-mint-of-the-year-founders-packs-mint-drops-exclusively-on-opensea-51562fedd37e"">https://medium.com/@wagmi/wagmi-games-announces-the-mint-of-the-year-founders-packs-mint-drops-exclusively-on-opensea-51562fedd37e

WAGMI Games created a collection of 32 Founder’s Cards to create further exclusivity for players. However, to acquire these cards, players must open one of the 3,000 Founder’s Packs minted on OpenSea.

Each opened Founder’s Pack will be permanently removed from the blockchain, making the rest of the packs and unclaimed cards even more valuable. Some cards have already been sold for up to $500 on the marketplace.

What is $WAGMIGAMES?

The WAGMIGAMES token is an ERC-20 that serves as the utility token of the WAGMI Games franchise. The token is used to complete in-game purchases, provides access to exclusive tournaments, and allows its holders to participate in governance.

WAGMIGAMES Tokenomics

WAGMIGAMES has a total supply of 2.2 trillion tokens. 84.07% of the total supply (1.85 trillion tokens) is currently circulating the market. All of the tokens have been minted, so there will be no future diluting or investing events for the token. The rest of the tokens were distributed as follows:

  • 5% of the total supply is reserved for supporting the game’s economy and will be released for future tournaments and other play-to-earn aspects of the game
  • 5% of the supply is kept as backup reserves in the Treasury Wallet
  • 4% was set aside for liquidity for future tier 1 centralized exchanges
  • 1.93 was reserved for future advisory roles

News on WAGMIGAMES

WAGMI Defense is currently still under development, and new aspects and features of the game are set to roll out later this year. Some of these features include:

  • A new sci-fi bases user interface
  • WAGMI seasonal battle pass
  • New Game Modes (PvE, challenge mode, and party mode)
  • Tournaments
  • Advanced matchmaking system
  • Introduction of clans and clan wars

Is WAGMIGAMES a Good Investment?

WAGMI Games is focused on bridging the gap between traditional and Web3 gaming, empowering players to trade their in-game items and earn rewards based on their skills. However, the crypto market is quite volatile, so the public is advised to consult qualified financial personnel and do extensive research before investing in any crypto projects.

Take Action on WAGMIGAMES

WAGMIGAMES is available for purchase from both centralized and decentralized exchanges, including gate.io. Click here to view trading pairs.

Author: Tamilore
Translator: Sonia
Reviewer(s): KOWEI、Matheus、Ashley
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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