As part of crypto trading platform Bitget’s broader strategy to engage traders looking for early deals, its pre-market platform offers early access to tokens before their official listing. Now the exchange has announced the pre-market listing of web3 game network Gamee’s WAT token ahead of the TGE on 23rd September.
Developed by Animoca Brands-owned mobile game studio Gamee, the Wat project is a social reward program designed to enable community members to earn WatPoints via completing daily tasks in the Telegram-based WatBird app, something since expanded to mini-game WatBird Racer.
In addition, users can earn points by staking GMEE tokens and various NFTs including Mocaverse and Pudgy Penguins on Ethereum.
In terms of distribution, at the official token launch 12.5% of the total supply of WAT – estimated to be worth around $6 million – will be airdropped. A total of 1,500 stakers of GMEE and other participants across 5 million accounts will be eligible.
Each wallet is set to receive around $1.2 worth of tokens, with top users airdropped tokens to a value of around $10.
Claiming to have around 1 million daily active users, the Wat Protocol has quickly gained traction since launching on Telegram. Recently, Gamee announced it’s received backing from Pantera Capital, as well as TON Ventures $40 million fund.
We recently spoke to Gamee chairman Bozena Rezab about the initiative.
