The Open Network (TON) token launch for the Telegram game W-Coin is scheduled for December, with an airdrop to follow. But no tokens will be given to the team.
W-Coin’s eagerly awaited token launch follows the token debuts of some of the most popular tap-to-earn games in recent weeks, including X Empire and Hamster Kombat. The creators of W-Coin say they are preparing to launch their own token after enduring the hype cycle.
The post advised, “Get ready, stay involved, and keep tapping.” “Our listing is in the near future.”
In order to correlate with players’ token allocations later on, the tap-to-earn game took a “snapshot,” which is a term for capturing on-chain data from a specific point in time. But, since in-game achievements will still count toward the airdrop—presumably with another snapshot in the works—players shouldn’t stop playing the game.
The post stated that the purpose of the snapshot was to guarantee equitable airdrop distribution based on genuine engagement rather than merely early access or balances. “This is a significant step toward the December listing, which is intended to distinguish us from the competition and reward genuine activity.”
In this “mining phase,” which is when tap-to-earn games track in-game progress toward their airdrop, W-Coin has “about a month” left. The developers of the game will compute the data after this time frame concludes and prepare for a token listing in December.
The project announced last month that it would implement the token on The Open Network (TON), the most popular blockchain for Telegram games. A survey of 8.8 million players revealed that 68% of them supported TON, with Solana coming in second with 24% and Ethereum with 8%.
According to in-game data, W-Coin’s snapshot showed that 7.7 million users—out of a total of almost 37 million players—had connected their wallets.
The most played Telegram game to date, Hamster Kombat, finished its airdrop in September, and W-Coin is the next in line. When the game reached 300 million players, it concluded its mining phase and gave players their token allocations.
However, many players were dissatisfied with the “dust” they received after receiving these tokens; as a result, the price of the token fell by 50% in the weeks after the airdrop and is currently down by almost 74%. The second season of Hamster Kombat was supposed to premiere by the end of October, but as of this writing, it hasn’t.
A more successful example is Notcoin, whose token’s market value peaked just under $3 billion. But in order to maintain player interest, the project has had to change several times since then. One such change was assisting in the release of a Flappy Bird Telegram game. And since its peak, the NOT token has now fallen by roughly 78%.
Pre-market trading is not yet available, and players are unsure of how many tokens they will receive in the next W-Coin airdrop. Before the airdrop, pre-market trading was made possible by numerous other Telegram games, allowing traders to make educated guesses about a token’s possible value.
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