Executive Summary
WAM.app is a play-to-earn social gaming platform where users can compete in skill-based tournaments on simple and highly engaging and entertaining hyper-casual games, to win crypto rewards.
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In November 2020 Digitap raised a traditional pre-seed round of $350K for WAM.app at a $3M pre-money valuation.
Launched in February 2021 as public beta WAM reached more than 2.5M players in less than 2 months with 10K players tournaments and +3.5M players until Nov 2021 .
After this initial success we decided to create the mobile apps where to this date they have been downloaded more than 180K times so far.
On WAM.app, the more a player wins the more their in-platform rank grows, just like normal real-life leaderboards in competitive sports. Once a player advances their rank they can participate in more rewarding tournaments with higher entrance fees & reward pools.
Each tournament has a reward pool where WAM.app adds a fixed amount of WAM Coins for every player who pays the entrance fee. At the end of the tournament the rewards are distributed algorithmically to a percentage of the top players based on their score and ranking.
WAM.app was nominated as a finalist at this year’s Mobile Games Awards in an impressive line up of companies like Niantic and Huawei.
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WAM.app was built with one vision in mind: to be accessible on any device and platform at any time meaning it’s accessible by going to https://wam.app or downloading the WAM.app from Google Play and App Store.
We got our inspiration from real life amateur sports tournaments where millions of people from all over the world compete in games like: football, basketball, rugby, tennis, billiards, darts and many more, just to have fun and spend time together with friends and family. The pandemic showed us the importance of sharing experiences and keeping in touch with our peers and doing it on a digital platform with people from all over the globe is the simplest way to do it.
On WAM.app players can:
  • participate in tournaments to win rewards in WAM Coins
  • create their own games with AI assisted technology using their phones
  • trade NFTs won in specific tournaments on the marketplace
  • build their player profile by winning tournaments
  • grow an audience of fans to engage with them through custom tournaments
  • own games and tournaments as NFTs to get recurring revenue
  • grow a following by hosting tournaments and promoting them

The Vision

To create a multi-sided marketplace where all participants take and bring value at the same time using smart-contracts and for this we propose the following models
  1. 1.
    Play-to-Earn
  2. 2.
    Develop-to-Earn
  3. 3.
    Create-to-Earn
  4. 4.
    Market-to-Earn
  5. 5.
    Own-to-Earn

The Mission

Our mission is to ignite mass crypto adoption by building a simple to use crypto-gaming platform where users can pay with their credit-cards to get $WAM and to participate in tournaments to earn more $WAM.

The Dao

The future belongs to decentralised autonomous organisations. In our case, the WAM token will also become the governance token. Every WAM token owner will be able to vote for W.I.P ( WAM Improvement Proposal ) platform development proposals. Every WAM token owner will own a small part of the DAO protocol.
Last modified 4d ago
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