QWAN is a token that supports a decentralized economy for gamers. Despite the abundance of tokens in the gaming industry, QWAN has the potential to become the leading gaming asset on Ethereum.
The decentralized gaming token for Ethereum has been launched by QWAN. Let The Games Begin
Creating a universal digital currency for gamers is a strong idea due to the large number of tech-savvy gamers and their crossover with crypto holders. However, despite attempts to create a token-based system for gaming, a widely adopted gaming token has not yet emerged. The game of creating such a token is still ongoing.
The decentralized gaming token for Ethereum has been launched by QWAN. QWAN has a good chance of succeeding where other tokens have failed due to its ecosystem partners, including gaming platform Banger and web3 advisory Horizen Labs Ventures. The key to QWAN's success is its broad appeal as a GameFi token, targeting a wide audience instead of niche communities or specific gaming categories.
When Token, Why Token?
QWAN will be listed on several exchanges, including MEXC, AscendEX, and BTSE, starting at $0.15 on May 31. The token's purpose is to align economic incentives between participants in gaming communities and projects. QWAN is an open and permissionless digital token that can be used by anyone to build, trade, or create games that utilize it while benefiting from a broad and distributed ownership base. Its ecosystem will expand over time, and its use cases will evolve.
“We are excited about QWAN and its potential to positively impact and shape game economies, powering new utilities and a community-led governance that can appeal to existing web2 gamers,” says HLV’s Rohan Handa. “With the gaming token being adopted and integrated by the Banger platform, we believe QWAN can onboard the next wave of users to web3 and push the gaming industry forward.”
That’s the bull case for QWAN. The more gaming communities it enters, the stronger it will become. It will take time for this vision to manifest. But the rewards, if QWAN can fulfill its ambitious objective of reaching millions and ultimately billions of gamers, are huge.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.