Whale.io Launches Wager & Earn Campaign Ahead of $WHALE Token Generation Event

Whale.io, a prominent crypto casino and sportsbook multichain platform, has introduced its “Wager & Earn” campaign and launched the $WHALE Token conversion feature as the Token Generation Event (TGE) approaches. This marks a significant milestone in the platform's journey towards a fair launch of the $WHALE token.

The “Wager & Earn” campaign is designed to reward players for their engagement on the platform. Users can earn XP tokens by placing bets on various games, including slots, live casino games, and sports betting. Each XP token earned translates directly into one $WHALE token, which is added to the user's balance in real time. This initiative encourages players to accumulate $WHALE tokens ahead of the TGE, providing them with access to features such as staking functionalities, in-game utilities, limited merchandise, project updates, and additional utility within the Whale.io ecosystem.

The token conversion feature allows users to transfer their $WHALE tokens from Wheel of Whales to Whale.io within a 14-day window. This process is crucial for consolidating tokens from Wheel of Whales, a play-to-earn game with a substantial player base, into Whale.io’s unified platform. As an incentive, Whale.io is introducing a “Double or Nothing” feature for converted tokens. This feature gives players the option to play a coin flip game, wagering all or a portion of their tokens for a chance to double their holdings.

These initiatives are part of Whale.io's preparations for the token launch, which aims to introduce $WHALE to the broader crypto market. Backed by a successful business with a large, engaged community of over 15 million players, the token is used for staking, gameplay, and access to exclusive perks like merchandise and special events. The project also plans to launch a buyback program, which will reinvest 10% of monthly casino revenue to buy back $WHALE tokens. This program is designed to enhance the token’s value by reducing the circulating supply ahead of the launch, ensuring that investors can benefit maximally.

Whale.io's “Wager & Earn” campaign and $WHALE token conversion feature are strategic moves to engage users and prepare for the upcoming TGE. By offering these initiatives, Whale.io is positioning itself to attract more users and build a stronger community around its platform. These steps reflect the platform's commitment to providing a high-quality experience for its users and laying the groundwork for future growth and development.