- The Walken team has ventured into the trending Play-to-Earn (P2E) through the Solana network.
- The Walken Dapp is very user-friendly and available to Android and iOS users, besides providing a business model that has a high potential to grow exponentially.
Walken, a rising star in the move-to-earn industry, is launching its Hyper-Casual Game, Walken Runner. Walken Runner features the ecosystem’s athletes and showcases their athletic skills. It’s also the first game in the Walken ecosystem out of many launching in the coming months – it’s all part of enabling users to transition more easily from Web2 to Web3.
Walken CEO Alexei Kulevets said:
We are proud of the current traction of the Walken project and inspired to move on and push the limits. The Walken Runner is our first bold experiment aimed at providing additional value and fun to the community and also expanding token utility. It has all the potential to go viral and be a great addition to the main gameplay.
The Walken team has ventured into the trending Play-to-Earn (P2E) through the Solana network.
Walken and P2E industry
The Walken Dapp is very user-friendly and available to Android and iOS users, besides providing a business model that has a high potential to go viral. Notably, the Walken ecosystem uses WLKN tokens for a seamless financial system. The WLKN token has been listed for trading on the ByBit crypto exchange, Huobi Global, and Gate_io.
Otherwise, a new Walken Dapp user is rewarded with 1 GEM, equivalent to 1000 steps. The Gems gained by walking are used to upgrade the user’s NFT characters. Whereby upgrading Speed, Strength and Stamina will help the in-game player Battles.
It is worth noting that the application gets crucial information from the user’s device, including their health status. Nevertheless, the Walken application has introduced a solution to health problems while giving people a chance to make a living.
The Gaming (GameFi) market cap today is $6.07 Billion, a 0.4 percent bump in the last 24 hours, according to market data provided by Coingecko. Top projects in the P2E industry include the Sandbox, Axie Infinity, Enjin Coin, Immutable X, and STEPN.
As such, competition in the P2E industry is expected to remain high in the coming years. The best projects with deep-pocket investors will likely make it through the next decade.
The Walken ecosystem is backed by a dozen of reputable investors in the crypto industry, including Huobi Ventures, Animoca Brands Group, and Moonchain Capital, among others.
While some analysts prefer using the level of community engagement as a scale of project success, the Walken ecosystem has over 194k Twitter followers.
Side notes
The combination of DeFi and GameFi has experienced an astronomical volume in global adoption. The cryptocurrency and blockchain industry is on the precipice of significant adoption with the increased international regulations. Governments worldwide are drafting policies that attract investors to their respective jurisdictions.
Credit: Source link
