Arkimals

Overview

Waves Ducks is a gaming project built on the Waves blockchain that launched in 2021. The EGG token serves as the primary utility token within the Waves Ducks gaming ecosystem.

Purpose and Utility

The EGG token is designed to be used within the Waves Ducks game for breeding digital ducks NFTs, purchasing in-game items, and participating in the game's economy. Players can earn EGG tokens through gameplay and trading their NFT ducks.

Business Model

The platform operates as a play-to-earn game where users can collect, breed, and trade digital duck NFTs. The game mechanics involve legitimate ownership and transfer of digital assets, with clear utility within its ecosystem.

Real-World Adoption

The project maintains an active user base within the Waves ecosystem, though relatively small compared to major blockchain gaming projects. The game continues to operate with regular updates and community engagement.

Development Activity

The development team remains active, with regular updates to the gaming platform and ecosystem. The project maintains transparency in its operations and development roadmap.

Token Distribution

The token distribution appears relatively fair, with no concerning concentration in founder or developer wallets. The project implements standard vesting schedules for team allocations.