WATCoinPrice

(WAT)

WATCoin ($WAT) is the native utility token of the WatBird Universe, a Web3 gaming ecosystem developed on The Open Network (TON). It emerged from the Phoenix Protocol and focuses on onboarding casual gamers to the Web3 space via Telegram mini-apps. The project was created by GAMEE, a social gaming platform with over 90 million users, and is a subsidiary of Animoca Brands. It is supported by major industry entities like TON Ventures and Binance Labs, positioning it as a key player in the Telegram-based gaming sector.

Users earn $WAT through the "WatDrop" initiative, involving activities like mining, staking, or participating in games like Wat Racer. During reward phases, players accumulate WatPoints—pre-token units later converted into $WAT based on engagement. Tokens are typically claimed via the GAMEE Telegram app or the TokenTable platform by connecting a compatible TON wallet like Tonkeeper. While initial mining phases may conclude, the project frequently introduces new seasonal events and "episodes" allowing the community to continue earning rewards through active participation.

The $WAT token serves several core functions within the WatBird Universe. It is used for staking, where users lock tokens to earn rewards or receive veWAT (vote-escrowed WAT). This veWAT provides governance power, allowing holders to influence protocol decisions. Additionally, $WAT is utilized for in-game purchases, enabling players to buy upgrades, special items, or gain entry into exclusive events. The token also facilitates yield-boosting opportunities in various ecosystem pools, creating a comprehensive utility loop for active participants and gamers.

$GMEE is the long-standing ecosystem token of GAMEE. $WAT was launched specifically to power the Telegram and TON-centric "WatBird" initiative, focusing on rewards and social gaming. To reward long-term supporters, $GMEE holders often receive exclusive benefits within the WatBird ecosystem, such as the ability to stake their $GMEE tokens to earn $WAT or WatPoints. This creates a synergistic relationship where both tokens support the broader GAMEE and Animoca Brands environment while serving distinct roles for different platform features.

$WAT is available for trading on major platforms including LBank, as well as decentralized exchanges like STON.fi on the TON network. For storage and interactions, users should use compatible TON wallets like Tonkeeper or MyTonWallet. These wallets allow for secure holding, staking, and claiming of tokens. When trading on LBank, users can access the token through supported trading pairs, ensuring a seamless experience within a secure exchange environment while maintaining participation in the broader TON ecosystem.

The roadmap for the WatBird Universe involves expanding the character into a wide-reaching intellectual property (IP) brand. This includes the development of multiple casual games, deeper NFT integrations, and cross-project collaborations within the Animoca Brands portfolio. A key goal is to continue bridging the gap between traditional social gaming and Web3. Recent strategic moves, such as token purchases by parent companies from the open market, signal a long-term commitment to ecosystem growth and the continued expansion of the WatBird brand across the TON network.