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WATCoin (WAT) has brought a fresh breath to the Blockchain-based gaming ecosystem. The project, which started as Phoenix Protocol in 2024, eventually transformed into WATCoin with the introduction of the WatBird character. The project aims to offer various rewards to users by combining Blockchain and NFT in the gaming world. In this article, we will comprehensively examine what WATCoin is, how it works, the stages it has gone through, and what it can offer its users in the future.
What is WATCoin?
WATCoin is a reward system built on Blockchain. It was developed to reward GMEE coin holders and the GAMEE community. The project is a good example of how Blockchain technology can be used in the gaming world.
It is possible to earn various rewards by staking GMEE coins or joining NFT communities. The project aims to actively involve its community in the project.
Who Founded WATCoin?
WATCoin was founded by GAMEE, a platform that has proven itself in the gaming world. GAMEE offers new opportunities to its users by combining ordinary gaming experiences with Blockchain technology.
GAMEE, which is part of a giant company like Animoca Brands, is a platform that has signed various successful projects in the past. Thanks to this, the project is built on a solid foundation.
How Does WATCoin Work?
WATCoin consists of sections that allow participants to earn rewards. Each section offers different events and reward opportunities. The basic way to earn rewards is by staking GMEE coins and participating in mining activities on platforms like Telegram. These sections allow the community to actively participate in the project.
First Step with GMEE Flexible Staking
The first step of the project was taken with GMEE Flexible Staking. This staking method allowed users to earn rewards without locking their coins. Flexible staking allowed users to earn WatPoints without having to lock their coins for a fixed period. This stage provided an easy entry point for users who wanted to join the project.
Interaction with WatPoint Mining on Telegram
The second section, WatPoint Mining, offered participants more opportunities for interaction. In this event, which took place via Telegram, users earned rewards by mining WatPoints.
This system, which is a passive earning method, allowed participants to earn rewards simply by interacting with the application.
Higher Rewards with GMEE Fixed Staking
In the third section, WATCoin introduced GMEE Fixed Staking. This staking method offered participants the opportunity to earn higher rewards. However, this time the coins had to remain locked for a fixed period. Fixed staking required users to develop a more strategic approach to increase their earnings.
Integration with NFT Communities and New Opportunities
In the fourth section, the project turned to NFT communities. At this stage, users who owned certain NFTs earned WatPoints daily. Collaborations with top-tier NFT collections like Mocaverse and Pudgy Penguins attracted new users to the project. In this way, the project started to appeal not only to coin holders but also to those interested in the world of NFTs.
What are WatPoints and How Are They Earned?
WatPoints are the most important rewards in the WATCoin ecosystem. Participants can earn WatPoints by staking GMEE coins or joining NFT communities. WatPoints are used to measure the community’s commitment to the project.
The number of WatPoints earned shows users’ activity and contributions to the project.
Which Companies Support WATCoin?
WATCoin is growing with the support of serious investors. TON Ventures makes significant financial and strategic contributions to this project. Additionally, partnerships with projects like Bitget, Mocaverse, Notcoin, and Pudgy Penguins have created a broad ecosystem. These collaborations have increased the project’s influence in the gaming world.
How Will WatPoints Be Used?
It is still not entirely clear how WatPoints will be used. However, the community anticipates that these rewards will play an important role in the future. WatPoints may provide more than just a reward mechanism, offering a way to have a greater say in the project and influence future developments.
How to Buy WATCoin?
WATCoin can be safely bought and sold on many cryptocurrency exchanges such as Bitget. The coin is currently listed on exchanges in various trading pairs such as WAT/USDT and WAT/TON.
To buy WATCoin (if not already a member), first, you need to sign up for an exchange like Bitget. After completing the registration process, cryptocurrency or fiat currency, such as Turkish lira, must be transferred to the exchange’s account wallet. After the transfer is completed, the coin can be purchased from any of the five trading pairs mentioned above.
WATCoin Review: WatBird
WatBird stands out as the face and mascot of the WATCoin project. The community got involved in the project by contributing to the development of WatBird. Social media interactions, community events, and the opportunity to contribute to its story increase participants’ loyalty to the project. WatBird has become a symbol that takes the project beyond just being a Blockchain-based project.
In summary, WATCoin is a notable project in the Blockchain gaming world. It offers opportunities to stake GMEE coins, join NFT communities, and earn rewards. Strengthened by the WatBird character, the project is growing rapidly with the support of the community. The ways to earn WatPoints and future rewards during this growth process increase interest in the project.
