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WAM.app is a "play to earn" social gaming platform where users can compete in skill-based tournaments in simple and highly addictive and entertaining hyper-casual games to win crypto rewards.
On WAM.app, the more a player wins the more their in-platform rank grows, just like normal real-life leaderboards in competitive sports. Once a player advances their rank they can participate in more rewarding tournaments with higher entrance fees & reward pools.
Each tournament has a reward pool where WAM.app adds a fixed amount of WAM Coins for every player who pays the entrance fee. At the end of the tournament the rewards are distributed algorithmically to a percentage of the top players based on their score and ranking.
The developers themselves believe that they are creating the world's first cryptocurrency platform of this type. Instead of creating a whole series of games where you can earn cryptocurrency, the developers offer a platform for creating and holding tournaments. It allows users to earn money in several ways:
- Play to Earn. The standard scheme for all games in the crypto industry. Players play against each other or against AI and receive tokens as a reward, which can then be exchanged for cryptocurrency.
- Develop-to-Earn. Here users are invited to organize and conduct tournaments. Part of the money from the contributions of participants and prize awards will go to the organizers of the tournament.
- Create to Earn. Users can create and host their games on the WAM platform, receiving rewards from players and organizers who want to host a tournament based on your game.
- Market to Earn. The marketplace allows you to trade won tokens and NFTs to exchange them for cryptocurrency or buy certain items for a game.
- Own to Earn. Placing your games on the platform will generate profits from players and investors who want to develop the game.
The platform uses the native $WAM token, which can be used as an internal currency between all gaming platforms. It can also be withdrawn from the platform in exchange for another cryptocurrency.
In the future, developers plan to use this token to create a decentralized autonomous organization (DAO). This will help to take into account the opinion of the community on how the project should be developed and managed in the future.