Singapore, Jan. 22, 2022 — The Realm of Frontera is excited to officially announce the closing of a strategic investment and partnership by notable blockchain-based digital payments company WadzPay, in collaboration with Tokoin. Frontera is one of the leading and popular blockchain-based games with nonfungible tokens (NFT) that enables a new revolutionary play-to-earn gaming model where players can “CEO” — create, earn and own — a metaverse. Frontera had partnered earlier with Tokoin to utilize its native token, TOKO, to power the Frontera gaming ecosystem. Players obtain the TOKO token by battling, collecting and trading with their artificial intelligence (AI) Mecha NFTs. Pre-sale NFTs have sold out, and the public sale began on Jan. 22, 2022.
In the strategic investment by Tokoin and WadzPay, Frontera will utilize Tokoin and WadzPay resources within the Southeast Asia and Middle East markets simultaneously, sharing the use cases and utilities of TOKO and WadzPay’s native token, WTK, which originally launched on Ethereum. On Nov. 18, 2021, the token expanded to Binance Smart Chain (BSC) and XinFin’s XDC Network: It can be easily swapped between these blockchain platforms. WadzPay’s vision of interoperability has paved the way toward more use cases, with users able to utilize the platform that best suits them. BSC can host NFT-related and metaverse projects, which will be experienced through the Frontera game.
WTK will be the second token alongside TOKO that will be integrated into the Frontera metaverse and can be used to purchase NFTs for Frontera’s second season, for staking and a variety of metaverse gameplay-related features upon launch. Users will also be able to earn WTK and TOKO as rewards for their activities within the Frontera metaverse.
“We are excited that we have finally finalized our investment dealings and are getting WadzPay’s team alongside Tokoin’s team into our realm. With both of these companies’ expertise and support, we are confident we will be at the forefront of bringing the metaverse play-to-earn (P2E) gaming even further into the real world. We are just getting started,” said Trong Dihn, co-founder of Frontera.
“Gaming and NFTs are two of the fastest-growing industries within the blockchain space. The expansion of payments as the enabler for digital asset ownership and exciting community-driven experiences is natural. While NFTs is an exciting space, our belief is that quality projects go beyond asset ownership and provide use cases for holders,” said Anish Jain, CEO and managing director of WadzPay.
“WadzPay looks forward to adding value to the Frontera project, bringing more than 250 years of WadzPay’s expertise in the payment and technology spaces shared by our team, while also adding additional use cases for WTK,” Jain said.
To further strengthen this partnership, an exclusive WTK NFT collection will be available soon in collaboration with Frontera. The game is a first of its kind where two of the most pioneering, notable blockchain companies are supporting and providing liquidity choices in a P2E NFT game economy. This will boast an even greater advantage for its players.
Frontera is an NFT gaming metaverse where players can “CEO” — create, earn and own — their metaverse. Players battle, collect and trade with their AI Mecha NFTs to earn the TOKO token. NFTs gain more earning power through GameFi mechanics — the convergence of game and decentralized finance — by staking and farming them. In this open metaverse, NFTs can exist in more than one metaverse and be traded cross-chain in secondary markets. Fronterians can bring their NFTs from other virtual worlds and transform them into AI-Mecha NFTs, taking full ownership of the Mecha NFTs they create, win, buy and import into the Fronterian metaverse.
WadzPay is a technology-agnostic blockchain-based digital payments ecosystem with an interoperable layer connecting the various verticals to a unified platform. The company was founded in Singapore in 2018 and is currently operating in Southeast Asia, South Asia, the Middle East and Africa. WadzPay saw the potential for central bank digital currencies and digital assets to lead the next revolution in the payments industry: enabling faster payments, improvements in security and cost-efficiency with optionality. WadzPay is working with large international payment companies, banks and global companies to allow digital asset-based transaction processing and settlements to revolutionize payments.
Tokoin is a pioneering blockchain company from Indonesia and a platform for different projects, locally and globally, at the forefront of blockchain technology. It enables users to leverage the TOKO token and its advantages by providing a common currency among many games and projects while also providing them with legitimacy, liquidity and financial support.
Ken Nizam | Marketing and PR