The Whale Foundation, entity at the head of the famous NFT collection of the TON network “Welcome to Whale”, is launching a new token.
After achieving unprecedented success in the field of non-fungible tokens, a new adventure arrives in the play-to-earn sector.
The new cryptocurrency WHALE will be distributed equally to the participants of the game “Wheel of Whales”.
“Welcome to Whale”: an NFT collection launched on the TON blockchain
The protagonists of this story are the insiders of the project “Welcome to Whale”, an NFT collection launched in November 2023 on the TON blockchain.
The same team that achieved a fair amount of success with the collection of non-fungible tokens, is now trying to replicate the positive numbers with a new cryptocurrency and a P2E game.
One year after the launch on the TON ecosystem marketplaces, the collection boasts 7600 unique owners and over 28,000 exchange transactions.
Consider that according to GetGems, the trading volume of “Welcome to Whale” has reached 62,000 TON, equivalent to over 400,000 dollars
The floor price is currently 3.6 TON and has increased by over 200% compared to the initial launch price.
Nessuno si aspettava numeri del genere per una collezione NFT nata come semplice trend di immagine del profilo (PFP).
Now, however, to maintain the market hype, especially given a drop in enthusiasm for TON, the team is looking elsewhere, focusing on tokens from gaming platforms.
To support these efforts, the so-called “Whale Foundation” has also been created, a decentralized autonomous entity that will manage the various resources of the group.
From NFTs to crypto P2E gaming: the game “Wheel of Whales” has been presented
The Whale Foundation is not only involved with the NFT collection “Welcome to Whale” but also with the game of the TON ecosystem “ Wheel of Whales”.
Just 3 months ago the group launched its own gaming product Play-to-Earn, with a rewards program dedicated to the community.
It is a game where users have to unlock tasks, spin the reward wheel, and share their goals with friends.
Initially, Wheels of Whales was closed in beta, leaving only 1 million users the opportunity to play. In particular, only the holders of the NFT Whale had a chance to access the P2E game before the opening to the public.
Now the entire TON blockchain community can participate and earn a share of the mWhale airdrop points.
In total we count over 5 million players and 16 billion points distributed.
Invite Friends to #WoW! 
Earn 10% more tokens from each of your friends!
Even grandpa accepted my invitation, do the same!#WhaleToken #WheelofWhales pic.twitter.com/OoTE3TXgNu
— Whale (@whalegames_en) November 28, 2024
This mini-app of Telegram immediately attracted the interest of a wide range of users precisely for the opportunity of free earnings.
The Whale Foundation promises a substantial airdrop, which will add to the group’s successes in the NFT sector.
The application also has social features that allow users to communicate with each other. By inviting your friends, you can earn up to 10% of their accumulated points.
Whale Token (WHALE): the new token will have a launch dedicated to the community of the TON ecosystem
One year after the inauguration of the NFT collection and a few months after the launch of the Play-to-Earn game, comes the announcement of the debut of the crypto Whale Token (WHALE).
The team has put together a solid roadmap with the distribution of the token which is still currently ongoing but will end soon.
In detail, the crypto asset will have a TGE during the first quarter of 2025, with an airdrop dedicated to the TON community.
The purpose of WHALE is to share the power of crypto and the value of the blockchain around the users of the TON network.
We do not know, however, if the holders of NFT will have a benefit and receive the airdrop just like the participants of the game.
At the moment, more than 70 billion WHALE tokens have already been collected by the users.
Don't miss out on HOTTEST AIRDROP!
First 10M $WHALE Tokens – Limited time available!
Use https://t.co/3etBUDNgnM's Refer-a-friend program and get $WHALE Tokens, while you sleep! #crypto #airdrop #whaletoken pic.twitter.com/gYTUbG1Bfq
— Whale (@whalegames_en) October 24, 2024
An aspect of WHALE that is very important is that it will not be accompanied by VC and external investors but will be completely carried out within the gaming ecosystem.
This decision reduces post-launch selling pressure and cuts inflationary risks when large stakeholders are introduced.
Here are the spokesperson’s words from the company regarding this new chapter of the Whale Foundation:
“We believe that a fair launch is the best way to empower our community. With deflationary mechanisms built into the token design, we are confident that we have found the best way to share wealth with the community.”
