Positioned as an 100% community-focused token, Wildcard’s WC is lastly going liquid on twenty sixth March.
The token first went reside in March 2025 on the Base blockchain when 20% of the 88.89 million whole provide was airdropped into wallets holding Wildcard NFTs. Nonetheless, these tokens have remained locked into wallets, obtainable solely to purchase property within the sport’s Wildcard Premier League metagame on the 1000’s’ platform.
The twenty sixth March launch will see the token go reside on the Arbitrum blockchain, permitting gamers to purchase and promote it for the primary time on the WC/USDC pair. The airlocked airdropped tokens can even be unlocked at this level.
As for WC’s utility, gamers use it to purchase franchise summons in Wildcard Premier League. These are the identical character playing cards utilized by gamers within the web2 Wildcard PC sport however aren’t related to the sport. As a substitute, they provide their holders the chance to be cashed in for USDC through the WC treasury. Nonetheless, payouts will not be assured, partly as a result of every summon is legitimate just for a restricted time, and the affords are probabilistic primarily based in your leaderboard place. It is advisable have accomplished a KYC course of to purchase summons within the first place.
WC can also be given away as a reward in one other factor of Wildcard Premier League whereby gamers spend USDC to purchase sponsorships, which generate rewards primarily based on the real-world efficiency of Wildcard gamers.
On this approach, developer Playful Studios hopes WC’s worth will replicate broader financial exercise throughout the Wildcard ecosystem, with gamers buying it instantly to amass franchise summons that reward the very best merchants with extra USDC than they spent.
As well as, 70% of the token’s whole provide has been earmarked for rewards, partly by means of the sponsorship mechanic, wherein payers spend USDC to get WC, once more, with the very best merchants hoping to generate rewards at a charge larger than that supplied by the WC/USDC liquidity pool.
The token can also be strongly deflationary, with 50% of the WC spent shopping for summons burned.
You may learn extra through the Wildpaper.
