Internet meme partners with Cubix to develop PVP tower defense P2E game

cointelegraph.com:

There are now more altcoins available for users to purchase than ever before. While some were created for a reason, serving a specific niche in the market, others lack a purpose and effectively have no basis for their existence. Since their purpose is not defined, the coins lack longevity and, as a result, have been coined the term “shitcoin.” Many investors have still been profitable from their purchase; however, doing so can be risky. After their initial pump, it can be hard to sell off their investment, effectively tanking prices.

While analysts may caution investment into these coins, some have transitioned to sustainable projects with the introduction of new project utility. In practice, projects have succeeded in this by creating a DeFi game, a growing market where coins hold value that extends inside the game and beyond its borders. The result is that players can participate in the same intensive gameplay they have become accustomed to in traditional gaming. And they simultaneously gain the opportunity to earn in a play-to-earn model, also referred to as P2E.

With the value of this gaming segment being over $92 billion as of Oct. 6, it is no wonder that internet memes like WAGMI have transitioned their efforts, with a member of their dev team developing the “WAGMI Defense” game.

In reference to this transition, a member from their team shares, 

“We feel the crypto gaming space is not only one of the hottest and up and coming categories but also allows for token transactions to be played in-game, regardless of a bull or bear market. We also know that nothing but the highest quality game is key to our success, and that is what we will deliver.”

WAGMI Games has since announced its partnership with Cubix, a team developing