Blockchain gaming firm Spielworks kicked off $WOMBAT token sale with the IDO on the Polkastarter (POLS) DeFi launchpad on Wednesday. As expected the token got sold out in under two hours.
Adrian Krion, CEO of Spielworks, said:
“At Spielworks, as opposed to many crypto startups, we believe that building an actual portfolio of products and services should come before the token launch. For three years we’ve been asked to launch our token but resisted and instead prioritized building. We have already cultivated a dedicated community of crypto gamers, and our IDO will help us to continue to scale.”
The token price is $0.006 and will be sold exclusively on the Polygon chain against MATIC, with a max cap set at $2,000 for POLS holders and $1,250 for non-POLS holders.
Spielworks said that the $WOMBAT token will be listed on top tier centralized exchange Kucoin on July 29. Additionally, on the same day, the token will be listed on the major DEX QuickSwap and centralized exchange MEXC.
Spielworks also mentioned that it received a rating of 9.1 out of 10 for a smart contract audit from Hacken, a leading blockchain consultancy.
Gamers will be able to earn $WOMBAT through community rewards for various actions within the ecosystem. While a total of 30 percent of $WOMBAT’s maximum supply has been allocated to community rewards, their size will gradually decrease over time.
The crypto gaming has built one of the fastest-growing blockchain gaming ecosystems in the market, featuring a total of 2.6 million signups and 65,000 daily users. The ecosystem incorporates its multi-chain non-custodial Wombat Wallet, crypto rewards platform Womplay featuring 40 AA and AAA supported titles, and Top 20 NFT staking game Wombat Dungeon Master counting 700,000 staked NFTs.
Earlier this month the gaming firm expanded its presence on the BNB chain by integrating its Wombat Wallet with MineCrypto, a leading play-to-earn (P2E) Minecraft server.
The MineCrypto integration will enable gamers to use Spielworks’ Wombat Wallet to access the Minecraft ecosystem and join its P2E economy via MineCrypto, while also receiving full support of MineCrypto’s $MCR token and native NFTs.
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