$WAIGER Token
Last updated
Last updated
The $WAIGER Token is the key to powering the WAIGER ecosystem and a key mechanism to reward players for their deep engagement. Specifically, the $WAIGER token is designed with a reflexive loop in mind - the Token Growth Loop:
Incentivizes New & Returning Users: The $WAIGER token will be used as incentives to drive more value to the WAIGER ecosystem, through growing, retaining users and strengthening their affinity to the platform and social links between one another.
Improves Ecosystem Utility: With new and more engaged users to the platform, the ecosystem utility improves - either directly (i.e., player liquidity) or indirectly through explicit player actions (i.e., more buzz / attention, more pro-social gameplay or UGC)
Increases Token Value: As the value of the ecosystem / network grows, so too does the token value (basis fundamentals).
As a result, designed correctly - the use of token incentives to drive network activity creates a reflexive growth loop that provides even more incentive to give away.
The utility of $WAIGER forms the fundamental basis of its demand. While external parties may choose to buy the $WAIGER token on-market due to narrative or speculative catalysts, this section overviews how and why players would engage with the $WAIGER token.