WAGMI Games is a decentralized gaming platform built on blockchain technology. It primarily operates using the WAGMIGAMES token, an ERC-20 token on the Ethereum platform. This token acts as a utility within the WAGMI Games ecosystem, facilitating various activities such as in-game purchases, exclusive content unlocking, and providing governance and voting powers to holders. WAGMI Games is a part of a transmedia entertainment franchise that integrates mobile gaming, storytelling, digital collectibles, and more, to bridge traditional and Web3 gaming experiences.
WAGMI Games leverages the Ethereum blockchain for its operations, utilizing ERC-20 tokens (WAGMIGAMES) for transactions. To address high transaction fees, it employs Immutable-X’s Layer 2 solution, eliminating gas fees. The ecosystem comprises of smart contracts for secure token transactions and an on-chain governance mechanism allowing token holders to vote on in-game developments. The games feature a play-to-earn model, with real-time combat and an NFT marketplace for trading digital assets within the ecosystem.
WAGMI Games has diverse use cases, notably in:
WAGMI Games was founded in 2021 by a diverse team of experts from web3, theatre, and technology sectors. Key figures include CEO Ian Bentley, COO Brent Pease, Senior Product Manager Esteban Gil, Chief Gaming Officer Luis Trujillo, and CTO Scott Herman. The platform has secured strategic partnerships with notable entities like Immutable-X, Google Ads, and has an advisory board including Alex Becker. WAGMI Games has moved to develop ‘WAGMI Defense’, a play-to-earn game aimed at integrating traditional gaming with blockchain technology. Throughout its evolution, the company has focused on eliminating barriers to Web3 gaming through innovations such as Layer 2 solutions and NFT marketplaces.