What is WATcoin? WatBird Airdrop Coin Collaboration with Gamee

Bittime - What is WATcoin? WatBird Airdrop Coin Collaboration with Gamee. WATCoin (WAT) is a blockchain-based project that aims to reward GMEE token holders and the wider GAMEE community. 

Early Start of WATCoin

Initially released as Phoenix Protocol on February 8, 2024, the initiative later evolved into WATCoin, with the main character named WatBird. 

The WATCoin system consists of several episodes that give participants the opportunity to collect WatPoints, which will later have significant value as the project progresses.

The project prioritizes community engagement through various activities, such as staking GMEE tokens, participating in NFT communities, and Telegram-based mining. 

Users who engage in these activities can earn WatPoints, which play a vital role in the future development of the GAMEE ecosystem.

Who Created WATCoin (WAT)?

WatBird is a creation of GAMEE, a leading social gaming platform under Animoca Brands. 

Animoca Brands is widely known in the blockchain world for its innovation in NFT and DeFi based product development. 

With the support and expertise of Animoca, GAMEE has created a casual gaming ecosystem integrated with blockchain technology, including the GMEE token, which rewards players and strengthens community interaction.

Who Supports WATCoin (WAT)?

WATCoin received financial and strategic support from a number of parties, including TON Ventures. 

TON Ventures’ involvement not only provides financial support but also expands the reach of this project with access to a network of partners, developers, and users from the TON ecosystem. 

In addition, this project also receives support from several strategic partnerships such as Bitget, Mocaverse, Notcoin, Space Doodles, and Pudgy Penguins.

How Does WATCoin (WAT) Work?

WATCoin, hosted by WatBird, consists of several episodes that offer participants different ways to earn rewards, called WatPoints. 

Each episode covers a different activity, from staking GMEE tokens to mining WatPoint via Telegram. 

The first episode offers the opportunity for soft staking GMEE, followed by an episode on WatPoint mining on Telegram and the Wat Racer game. 

The third episode introduces GMEE hard staking, where tokens must be locked for a certain period of time in order to earn greater rewards. 

In the fourth episode, the NFT community is in focus, allowing NFT owners to earn daily WatPoints.

WatPoint Role: What is WatPoint and How Does it Work?

WatPoint is the main reward in the WATCoin ecosystem, which can be obtained through various activities such as staking GMEE, mining on Telegram, and participation in the NFT community. 

Although the full utility of WatPoint has not been revealed, this reward is expected to have a significant function in future episodes, creating anticipation among participants.

WatBird: A Community Driven Mascot

WatBird, the mascot of WATCoin, plays a role that is more than just a symbol, but also becomes an interactive character developed by the community. 

Participants are encouraged to contribute to the WatBird narrative through meme creation and participation in community events, strengthening a sense of ownership among users.

Roadmap and Future of WATCoin

Although still in its early stages, WATCoin's roadmap promises exciting developments in the future.

New episodes will continue to introduce innovative ways to earn WatPoints and get involved in the GAMEE ecosystem. 

Conclusion

The WAT token to be launched on the TON network is also expected to provide added value to WatPoint and expand its usability in the future.

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