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What is Wall Street Games?
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What Is Wall Street Games (WSG)?
Wall Street Games (WSG) is a hybrid blockchain-based online gaming platform on Binance Smart Chain (BSC), which allows players to earn cryptocurrencies by playing games, collecting tradable non-fungible tokens (NFTs), and winning rewards. Wall Street Games offers several skill-based games and players can link their web wallet to these games and back themselves by wagering cryptocurrency. All games are easy to learn and of short duration. The winner is whoever obtains the highest score. Wall Street Games is another example of the growing GameFi sector, where players can earn cryptocurrency by participating in so-called play-to-earn games.
Who Are the Founders of Wall Street Games?
Unfortunately, there is not much information available about the founder(s) of Wall Street Games (WSG). The only information available is that Wall Street Games has supposedly been created by experienced blockchain and game developers who have previously worked for global gaming businesses. Although it is not a meme coin, in this regard Wall Street Games follows a recipe of many such coins, which tend to get released by anonymous teams. This tends to involve a higher risk for users, as the anonymity can make it easier for the creators to abandon the project at some point in the future, in what has come to be known as a rug-pull. This is not at all to say that Wall Street Games creators will necessarily do the same, as there are plenty of examples of both meme coins and other projects with anonymous founders, which have gone on to great success, Bitcoin (BTC) being the most prominent example.
What Makes Wall Street Games Unique?
Currently, two games have been launched on the site: Coin Explorer and The Trader. Another game, The Roller, is supposed to launch soon.
Coin Explorer is the Wall Street Games (WSG) version of the Windows classic, Minesweeper. Players have to click on squares within a 7x7 area and each square displays the number of bad coins surrounding it. Players can finish the game by exposing the entire field, avoiding bad coins, and covering them with Binance Coin (BNB).
In The Trader, players have to flip between buying and selling cryptocurrency to maximize profits. This is a simple mouse click-based game, which tests the players quick reaction skills.
Players can play up to 10 games each day if they hold $25 or more worth of WSG. The more WSG a player holds, the more they can play, with unlimited games available for those who hold more than $300 worth of WSG. Players can bet between $5 and $100 and receive 94.5% of their wager. 5% goes to the treasury funds and 0.5% is distributed among referrers. Players can also refer new players and obtain a share of these referral fees. Finally, they can also buy and collect tradeable NFTs, which will later be used to participate in lotteries where players can win grand prizes.
How Many Wall Street Games (WSG) Coins Are There in Circulation?
Wall Street Games (WSG) has a total supply of 1 quadrillion tokens. The token distribution is as follows:
- Liquidity: 10%
- Initial distribution: 13.5%
- Foundation: 15%
- Rewards: 30%
- Marketing: 31.5%
The marketing budget will be used for promotions, collaborations, exchange listings, partnerships and future development. Rewards include staking and liquidity pools, events, hackathons and other activities. Liquidity funds are for pools on centralized and decentralized exchanges (DEXs). Tokens allocated to the foundation are team tokens and are locked for an undisclosed period of time.
How Is the Wall Street Games Network Secured?
Wall Street Games (WSG) is a BEP-20 token on Binance Smart Chain (BSC).
BSC is secured using a proof-of-stake (PoS) consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain the blockchains security. These validators have to stake a certain amount of Binance Coin (BNB) with Binance to be eligible.
Can Wall Street Games Hit $0.01?
Considering its massive supply of one quadrillion tokens, Wall Street Games (WSG) will most probably not hit $0.01. The token has generated considerable interest and sits at a market capitalization of just over $15 million, down about 50% from its all-time high. If Wall Street Games can release new games and forge new partnerships to attract more players, it could again reach its previous all-time high.
Where Can You Buy Wall Street Games (WSG)?
Wall Street Games (WSG) is available on MEXC, PancakeSwap and Gate.io.
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