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Dragan
Dragan
Jun 14, 2024
News

GAMEE Releases Wat Protocol Episode 4: NFT Communities

GAMEE has launched Episode 4 of the Wat Protocol, allowing participants to earn WatPoints by holding eligible NFTs from partnered collections such as Mocaverse, Pudgy Penguins, Space Doodles and more.
GAMEE Releases Wat Protocol Episode 4: NFT Communities

Animoca-owned and Binance Labs-backed GAMEE has announced the release of Episode 4: NFT Communities for their flagship project on the TON blockchain, Wat Protocol, bringing a new way for users to earn points.

Episode 4 Details

The 4th episode of what was previously known as the Phoenix Protocol rewards holders of partnered NFTs with WatPoints. NFT collections that are considered to be more valuable award a higher number of WatPoints. If you have an eligible NFT, you can simply connect your wallet to the official website and hold the asset in the connected wallet to start collecting WatPoints. On the website, you can see how many points does each NFT collection award. The lowest mining rate is for Arc8 Beasts at 24 WatPoints a day, while a Pudgy Penguins NFT gets you 100,872 WatPoints per day.

Participants can earn WatPoints by owning at least one NFT from one of the following NFT collections:

  • Arc8 Beasts (24 WatPoints / day)
  • The Grapes (1296 WatPoints / day)
  • San FranTokyo Genesis Pass (2784 WatPoints / day)
  • Lil Pudgys (7896 WatPoints / day)
  • Space Doodles (14,472 WatPoints / day)
  • Mocaverse + Moca ID (33,792 WatPoints / day)
  • Pudgy Penguins (100,872 WatPoints / day)

Thanks to an update on June 12th, if you happen to own a couple of NFTs from the same collection, you will now earn WatPoints for each NFT instead of being limited to 1 per community, allowing participants to earn more WatPoints than when the episode initially launched. According to the Medium post, the WatPoints you earn “contribute to your community’s collective effort,” encouraging participants to share news of this episode to others as the more holders there are participating, “the more WatPoints your community can collectively earn.”

The utility of WatPoints continues to remain a mystery for the time being, but since there is only one more episode to go, it may not be long before find out how these points can actually be used on TON. If you want to collect as many WatPoints as you can before utility is revealed, then you may want to check out previously-released episodes from which you can still earn points. Each episode brings its own way to earn WatPoints. The first episode introduced $GMEE soft staking, while Episode 2 made it possible to mine WatPoints through a Telegram mini-game, and Episode 3 introduced hard staking of the $GMEE token as another way to earn WatPoints.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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