Wombat Review: NFTs and Web3 Gaming Platform

Wombat is a Web 3.0 gaming platform that allows gamers to monetize their game time and achievements and turns NFT ownership into a social experience that can be shared with friends and colleagues. Through the vast ecosystem of mainstream AA/AAA titles and NFT games, Wombat connects the exciting world of Web 3.0 with games loved worldwide by gamers and game developers.

The project aims to facilitate the integration of traditional gamers into the Web3 gaming space. Wombat strives to become the leading social gaming platform, and its efforts have seen it amass more than 2,6 million users so far. The Wombat platform combines the best features of Web2 and Web3 by integrating NFTs into AA and AAA titles from leading game publishers. Wombat currently features over 40 games from 20 publishers. Top platform games include Dice Dreams, Vikings, World of Tanks, Mech Arena, and Raid: Shadow of Legends.

Players on Wombat can discover new games with crypto or NFT currency engines. They can also store, manage, transfer and interact with NFTs and cryptocurrencies. Additionally, players can share their game progress and NFTs with their friends or player communities. In addition, Wombat allows players to trade, lend, stake or swap their cryptocurrencies and NFTs for fiat currencies on major exchanges or third-party marketplaces.

The overall goal of the Wombat Web 3 Gaming Platform is to become a social gaming experience (“The Wombatverse”) based on gaming NFTs. In this Wombatverse, users can act and react on NFTs they or their friends own and transact with, customize the appearance of their avatars and apps, and share their own gaming successes and advancements with the outside world. With the increased interest in play-to-win games, there is still a lack of easy game integration and discovery solutions for everyday gamers. Wombat is the place that brings millions of Web 2 gamers to Web 3, offering the smoothest NFT experience at the nexus of both worlds.

How does Wombat work?

The Wombat platform supports nine blockchain networks. These are Ethereum, Polygon, BNB Chain, Avalanche, Fantom, Heco, WAX, EOS and Telos. To improve the user experience, Wombat covers transaction costs on networks such as EOS, WAX and Telos. In addition, the platform allows user-oriented creation of free accounts and automatic backup of private keys. For players who want better benefits from the start, Wombat introduces a monthly subscription model called Wombat Prime.

Wombat Prime allows subscribers to sign 10x more transactions daily on EOS, WAX and Telos. The Wombat app, available on Android, iOS and Chrome platforms, is at the heart of the Wombat ecosystem. Within the app is a dApp explorer, which allows users to interact with dApps running on any of the above blockchain networks.

Also, the app has an NFT Gallery to view and complete NFT functions. Another crucial feature of the Wombat app is the Womplay Game Rewards system, which allows players to earn crypto and NFT rewards for playing. Notably, this system rewards Wombat players for playing both traditional and Web3 games. The platform also features Wombat Dungeon Master, a mini-game where participants can use NFTs that Wombat or Womplay have issued to get extra rewards. Players need to lock digital collectibles within the game to unlock rewards.

Benefit for game creators

Games can be promoted on Wombat and therefore gain exposure to a huge initial user base. Due to its traction, Wombat can secure tens of thousands of players in the first few weeks after listing. Auxiliary Services Wombat provides additional services.

FIAT on/off ramp, NFT trading on proprietary and third-party markets with whitelabel capability, token exchange and wallet backup, NFT creation tools for creators, influencers and distributors to mint their own NFTs, and a Wombat portal to self-administer play lists. Additional Utility Wombat offers additional utility to NFTs partners through its range of products and services. Most notably, NFTs from partner games can become salvageable in Dungeon Master.

Wombat app

The Wombat app was first released in June 2019 and has been downloaded over 1,5 million times on Android, iOS and Chrome platforms. Players have signed over 30 million transactions on supported blockchains and the Wombat App has been integrated as a preferred login method by over 70 partner apps.

The Wombat app allows players to easily enter the world of blockchain-based gaming and its assets, which include private key backups, simple ways to handle and exchange NFTs, ramps into and out of other regulated providers, and much more. At the time of writing, Wombat supports the following blockchain networks:

  • Ethereum
  • Polygon
  • BNB Chain
  • Avalanche
  • Fantom
  • heco
  • WAX
  • EOS
  • Telos

Wherever possible, Wombat simplifies the experience when using these networks. This includes paying network transaction costs (on networks like EOS, WAX, Telos), free account creation, and user-driven automatic private key backup.

The Wombat App currently has a monthly subscription model (“Wombat Prime”) that allows users to subscribe to 10x more transactions daily on supported blockchain networks with free transactions compared to an unsubscribed user.

Wallet / Keys

Wombat App serves as a non-custodial wallet for its users. Private keys are securely stored on the user’s device and can be retrieved and stored by the users themselves. In addition, the Wombat App provides automatic private key backup using the user’s Dropbox or GDrive account. The Wombat App wallet portion also serves as a place to store and manage cryptocurrencies on all supported blockchains, including Tokens ERC-20.

Dapp Explorer

The Wombat App includes a Dapp Explorer so that users can access and interact with decentralized applications (“Dapps”) on any of the supported blockchain networks. This is achieved through support for open authentication standards such as Web3, Scatter or Anchor. This makes assets held in Wombat automatically interoperable across any Dapps that support those assets.

NFT Gallery

Wombat includes its own place to view and perform basic interactions with NFTs on blockchain networks – the NFT Gallery. The NFT Gallery serves as the central inventory of NFTs and their value. It also allows users to transfer or record NFTs (if allowed by NFT) or put them up for sale on a standard marketplace (at time of writing, OpenSea or AtomicHub).

WOMBAT Token

WOMBAT is the native token of the Wombat protocol. The token works on multiple chains, increasing its and Wombat’s usefulness. Spielworks initially lied WOMBAT on Ethereum with a supply of 10 billion tokens. However, the company intends to use bridges like Polygon to enable fast and cheap WOMBAT transactions.

WOMBAT’s primary use is to support in-app payments. In addition, the Wombat platform rewards players who participate in community activities with WOMBAT. The token is also elemental in VIP staking. Stakers get VIP benefits like increased earnings, exclusive access to resources and NFTs, better odds on NFT drops, discounts and much more. WOMBAT holders can also vote on some parameters for Wombat’s upcoming NFT marketplace. Additionally, token holders can vote on some development decisions within the Wombat ecosystem.

Final Word

Most Web3 gaming platforms use wallets like Metamask, which are not suitable for gaming. However, Wombat stands out for offering users a non-custodial wallet. This wallet stores a user’s private keys on their device. Alternatively, users can retrieve the private keys and store them elsewhere. The Wombat app backs up the details in a user’s Dropbox or GDrive accounts to ensure security.

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