Frontera Raised a Seven-digit Investment Led by WadzPay, a Leading Blockchain-based Payment Company, Alongside Tokoin to Empower the NFT Gaming Economy.
In the strategic investment into Frontera by Wadzpay, Frontera will utilise Wadzpay resources within the Southeast Asian market at the same time sharing the use case and utility of WadzPay WTK Token
22nd Jan 2022, Bali – Indonesia – The Realm of Frontera is excited to officially announce closing in a strategic investment by a notable blockchain-based digital payments company WadzPay in collaboration with Tokoin. Frontera is one of a leading and popular blockchain-based games and NFTs that enabled a new revolutionary play-to-earn gaming model where players can CEO their metaverse — Create, Earn, and Own. Frontera has earlier partnered with Tokoin to utilised its native token $TOKO to power the Frontera gaming ecosystem. Players obtain the $TOKO token , by battling, collecting, and trading with their AI Mechas NFTs.
In the strategic investment by Wadzpay, Frontera will utilise Wadzpay resources within the Southeast Asian market at the same time sharing the use case and utility of WadzPay WTK Token. WTK originally launched on Ethereum’s ERC-20 protocol. On 18th November, 2022, the token expanded to Binance Smart Chain and XinFin’s XDC Network: it can be easily swapped between these blockchain platforms. WadzPay’s vision around interoperability has paved the way towards more use cases, with users being able to utilise the platform which best suits their desired outcomes. Binance Smart Chain allows for NFT-related and Metaverse projects and this functionality will be experienced through the Frontera game.
WTK alongside TOKO 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 as per launch of these features. Users will also be able to earn WTK / 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 these companies expertise and support we are confident we will be at the forefront of bridging the metaverse p2e gaming into the real world even further. 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 are an exciting space, our belief is that quality projects go beyond asset ownership and provide use cases for holders.” Continued Trong Dihn, Co-Founder of Frontera
“WadzPay looks forward to adding value to the Frontera project, bringing over 250 years of WadzPay’s expertise in the payment and technology spaces shared by our team, while also adding additional use cases for the WTK token.” stated Anish Jain, Managing Director and CEO of WadzPay.
To further strengthen this partnership, an exclusive WTK NFT collection will be available in the near future in collaboration with Frontera. Frontera is a first of its kind in which two of the pioneer and notable blockchain companies are supporting and providing liquidity choices in a p2e NFT game economy. Which will boast an even greater advantage for their players.
Frontera is an NFT gaming metaverse where players can CEO their metaverse — Create, Earn, and Own. Players battle, collect and trade with their AI Mechas NFTs to earn the $TOKO token. NFTs gain more earnings power through GameFi mechanics, the convergence of game and DeFi, 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 mechas 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 2018 in Singapore and is currently operating in South East Asia, South Asia, Middle East and Africa. WadzPay saw the potential for CBDC 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 enable digital asset-based transaction processing and settlement to revolutionise payments.
Tokoin is a pioneering blockchain company from Indonesia. Tokoin is a platform for different projects, both locally and globally, at the forefront of blockchain technology. This enables users to leverage the $TOKO token and its advantages, by providing a common currency amongst many games and projects while also providing them with legitimacy, liquidity, and financial support.