Financial News
SWO, a GameFi Platform, to Be Listed on CoinW Exchange
CoinW, the world’s leading cryptocurrency trading platform, will list SWO on 23th October 2023, at 10:00 (UTC). For all CoinW users, the SWO/USDT trading pair will be officially available for trading on 23th October 2023, at 10:00 (UTC), in the Innovation Zone. To celebrate the listing of SWO, a $5000 prize is launching through deposit, trade and Twitter Space.
Sword and Game Verse
Sword and Magic World is a classic Western fantasy adventure mobile game that presents a magnificent world of romance and adventure.
Based on Western mythology, it tells the story where the main world, the divine realm, and the devildom are intertwined. Here on the land of Sword and Magic, user will be an elite adventurer who embarks on a journey of conquest with loyal companions. Users can travel across different realms, meet friends of different races, and fall in love with the special one.
Notably, Sword is powered by Game Verse, which was founded by core members of the KOSDAQ-listed company “LongTu Korea,” who have extensive experience in the Web2 gaming industry. Game Verse is launching high-quality games and also collaborating with LongTu Korea’s portfolio companies to offer Sword GameFi as a Service (GaaS) SDK infrastructure to quickly onboard Web2 games to Game Verse, ultimately becoming the “Steam” of Web3.
Tokenomics
SWO is the ecosystem token of the Sword and Magic World. The total supply will be 120,000,000 and it will be gradually issued over a 5-year period. No further issuances will occur. SWO is important for the Sword and Magic World because it incentivizes participants to engage in activities such as games, community, governance, and more through various use cases. However, it does not affect any economic activities in the games.
SWO will be listed on centralized exchanges for player convenience to trade with USDT and other mainstream tokens. Furthermore, SWO tokens can be staked on the Game Verse platform to gain extra benefits and governance rights. SWO is the primary and most significant token in the Sword and Magic World, and it is currently our main focus.
Meanwhile, Origin Stones also consist of a significant part of the tokenomics. It serves as the in-game currency for Sword and Magic World, facilitating transactions between players and the game environment. To maintain price stability, the team employs a dynamically adjusted circulation plan based on scientific measurements and management techniques. As the supply and demand for Origin Stones fluctuates with the growth of Sword and Magic World, a fixed issuance plan or number of tokens is not feasible. The circulation plan includes multiple mechanisms that address both the supply and demand sides of the market, ensuring that Origin Stones remains a reliable and stable currency for players.
In order to celebrate the listing of SWO, a $5000 prize is launching, including cashback on deposit, $2000 prize pool for trading, $1000 for twitter space, etc.
About CoinW
CoinW is a leading crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW’s Twitter Account, Btok, and Telegram Group.
About SWO
Sword and Magic World is a free-to-play MMORPG that combines fast action combat and immersive adventures in an open-world experience powered by Game Verse. Game Verse is the largest one-stop GameFi platform that integrates game publishing, wallets, NFT Marketplaces, token exchange, social communities, and information services. For more information, please visit the official website.
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