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, out there solely to purchase belongings 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 may 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 by way of 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 based mostly in your leaderboard place. You might want to have accomplished a KYC course of to purchase summons within the first place.
WC can be given away as a reward in one other component of Wildcard Premier League whereby gamers spend USDC to purchase sponsorships, which generate rewards based mostly on the real-world efficiency of Wildcard gamers.
On this means, 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 one of the 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, through which payers spend USDC to get WC, once more, with one of the best merchants hoping to generate rewards at a charge larger than that offered by the WC/USDC liquidity pool.
The token can be strongly deflationary, with 50% of the WC spent shopping for summons burned.
You may learn extra by way of the Wildpaper.
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