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WAM Is Aiming High in a $90B Market

2 mins
Updated by Shilpa Lama
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”WAM will be for mobile gaming what TikTok is for entertainment” The mobile gaming market has recorded a sevenfold increase to $93.2B since 2012.

According to Pocket Gamer, the world’s leading destination for the gaming community on mobile, hyper-casual alone accounted for ~45% of the total download volume across all mobile games.

Launched at the end of 2021 on the Binance network, the WAM token governs the WAM.app ecosystem, the world’s first platform of its kind.

WAM has quickly become the top GameFi project in its home country of Romania and has onboarded millions of players and dozens of international partners interested in WAM’s innovative model.

WAM’s success started to be recognized in the beginning of last year when it was accessed by more than 3.5 million players in the first three months after the launch.

The platform was then nominated as a finalist for the Mobile Games Awards 2021, essentially the mobile gaming industry’s Oscars. At the end of the year, it announced a $2.7M financing round and has been oversubscribed by six times.

The token’s transaction volumes exceeded $10M in the first 24 hours after the listing on Pancakeswap and Gate.io.

WAM’s representatives have declared that they wish to onboard 100 million users in the platform’s ecosystem:

WAM co-founder and CBDO, Alex Rus, declared that “WAM will be for mobile gaming what TikTok is for entertainment and even more. We are revolutionizing the gaming industry and want to onboard more than 100 million users onto the platform, bringing additional benefits to our community members, both on a national and international level.”

A first step aimed at driving adoption and ecosystem development is the kickstart of an ample promotion project: WAMoon (pronounced WAM moon) and its 60 days of consolidation in the international markets, both for the platform and for the WAM token.

As part of the campaign, there will be a series of high-caliber events and announcements that will culminate with an important step in the platform’s development. The first of the series is the staking program launch.

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