Groundbreaking Listing on Bitget Launchpool
Bitget, the leading cryptocurrency exchange and Web3 company, has made waves in the market by introducing WATCoin (WAT) with an impressive 1.57 billion WAT tokens up for grabs. Users can lock BTC, ETH, and MOCA to partake in this exciting opportunity. The event kicks off on September 20, 2024, offering a chance for participants to leverage their investments over a ten-day period.
Diving Into the Ecosystem of WATCoin
WATCoin (WAT) stands as a vital component of the burgeoning gaming ecosystem on the TON blockchain, catering to over 80 million users. Its strong user retention rate, exceeding 25%, positions it as a frontrunner among Telegram games. Incubated by GAMEE, a seasoned mobile studio backed by major industry names like Animoca Brands and Binance Labs, WATCoin has secured investments from Pantera, Kingsway, and TON Ventures, along with a grant from the TON Foundation. Positioned as a central platform for all TON projects within the Animoca portfolio and affiliated partners, WATCoin’s collaborations with projects such as Notcoin and Blum only amplify its potential for value accumulation within an expanding network of partnerships.
Unlocking Potential With Locking Pools
From September 20, 2024, to September 30, 2024, Bitget Launchpool participants can choose from three distinct locking pools based on their preference: BTC, ETH, or MOCA. Each pool features specific maximum and minimum locking limits, with the distribution of WAT tokens contingent upon a participant’s locked volume in relation to the overall locked volume within the pool.
Airdrop Allocation and Distribution
The BTC pool offers a total of 744,000,000 WAT tokens, with minimum and maximum locking limits at 0.0001 BTC and 2 BTC, respectively. Participants in the ETH pool can partake in another 744,000,000 WAT tokens, requiring a minimum of 0.002 ETH and a maximum of 15 ETH for participation. Finally, the MOCA pool includes 83,000,000 WAT tokens, accommodating a minimum of 50 MOCA and a maximum of 2,000,000 MOCA. The equitable airdrop distribution ensures each participant receives a fair share based on their asset allocation within each pool.
Enhancing Accessibility and Flexibility
Hourly snapshots of participants’ locked volumes will be captured, enabling timely distribution of airdrops. Users retain the flexibility to unlock their assets at any time during the promotion, with locked assets automatically returned upon unlocking. This continuous distribution ensures seamless and efficient reward allocation.
Unveiling Potential for Growth
The launch of WATCoin on Bitget Launchpool serves as a testament to the potential growth and value generation within TON’s gaming ecosystem. This strategic move underscores the platform’s commitment to driving innovation and fostering opportunities within the blockchain gaming arena.