A new project is setting the bar for creativity with the upcoming debut of its play-to-earn game as a meme-piece project. In recent times, the meme coin environment has never seen such growth in the crypto space.
Today, everyone’s attention seems captivated by the metaverse. The potential for this new category is endless with the growing launch of non-fungible tokens (NFTs) and blockchain-based tokenomics games.
There are already over 1 billion active gamers worldwide in the current gaming ecosystem, and this number is expected to grow steadily. This was caused by the improved play-to-win project, the growth of NFTs, and the ability to redeem in-game rewards in the crypto market. Play-to-Earn games can now grow through the sharing economy without losing their value or experience.
After the early explosion of Dogecoin early last year, the number of new meme coins is increasing. Also, the value of Shiba Inu has increased over 1000% over the past few months until we got the bear market. Meme Coins are currently becoming the preferred token for P2E gaming projects.
FreeWoly (FWO) intends to adopt a similar model to reward its players, token holders and community members. This article will explore all the goodies that the latest ultimate memecoin, FreeWoly, has to offer the cryptocurrency market.
In 2013, Dogecoin (DOGE) was created as a joke. Its developers decided to build an asset based on a dog meme. They discovered that the world of Bitcoin (BTC) and other cryptocurrencies was too serious. Since then, Dogecoin (DOGE) has grown and become a valuable cryptocurrency asset for holders.
Elon Musk, a maverick businessman and millionaire, popularized Dogecodans (DOGE), which is now considered the king of the meme cryptocurrency ecosystem. The growth of the meme coin market has been significantly influenced by the CEO of Tesla and SpaceX. DOGE broke out at 73 cents, and it climbed to almost $1 in value.
Dogecoin has maintained its value in the crypto market, although its original spread concept no longer holds up.
Shiba Inu (SHIB)
Shiba Inu (SHIB) was launched in 2020 and quickly gained popularity for its decentralized community development. SHIB is an Ethereum-based token that has become a very potential asset and has given its early investors huge profits.
The SHIB token plays a key role as a medium of exchange which is the most visible part of the Shiba Inu ecosystem. Shiba Inu users can lend money, wager, and generate passive income from periodic fees affiliated with smart contracts.
The ShibaSwap ecosystem provides several convenient services, such as NFTs and a decentralized network.
FreeWoly (FWO) is a new meme coin initiative that has a very nice augmented reality game to win (P2E) concept. The P2El mode is intended to make the game entertaining, exciting and rewarding while generating financial benefits. The FWoly meme coin will power the FreeWoly ecosystem.
FWO is an innovative cross between Pokemon Go and Farmville games. The FreeWoly game is designed to help Woly, a cute little sheep, build and manage a successful farm and explore the outside world safely. Players can earn cryptocurrencies that can be exchanged for real money outside of the ecosystem by playing the FreeWoly game. Gains come in the form of FWO meme pieces.
In the game, each animal has its special NFT which can be traded with other players. Rarer species with distinctive traits are valued more and will obtain higher symbolic value. The FreeWoly token is a hybrid token designed as a meme coin, but supported by tokenomics and an NFT-based ecosystem.
The FWO ecosystem will feature a marketplace where people can trade NFT animals or even sell their farms in exchange for tokens. This FreeWoly ecosystem promises to be very profitable for gamers, developers and investors.
Don’t miss the opportunity in this bear market to stockpile some meme coins for when the market eventually comes back.