About $TOWER Token:
The Tower Experiment is an initiative to blend traditional free-to-play gaming with blockchain technology. It aims to enable play-to-earn for our players, and to drive adoption of blockchain through traditional gaming. The minting of TOWER tokens is the first step to kickstart the experiment. TOWER will have various utility for the existing Crazy Kings franchise and will pave the way for the upcoming blockchain PC game.
How to buy $TOWER with a payment card
1. Enter the amount of $TOWER and fiat currency that you wish to purchase.
2. Verify your phone and email.
3. Enter or create $TOWER wallet
You are given the option to enter your $TOWER wallet address or create one using the Swipelux widget.
4. Pass KYC flow
This verification process helps protect you from fraud and other malicious activities.
5. You're now ready to buy $TOWER with a credit and debit card.
Market Position and Adoption: The $TOWER token is positioned within the cryptocurrency market with a current price of $0.00126. Over the past 24 hours, it has shown a 3.66% increase in value. Its market capitalization stands at $924,413, placing it at #1341 in terms of market rank. The token has seen a 24-hour trading volume of $119,782, representing 12.94% of its market capitalization. With a circulating supply of 733,394,054 TOWER tokens, it holds a 7.33% share of the total supply, which is capped at 10,000,000,000 TOWER tokens. The fully diluted market cap for $TOWER is estimated to be $12,604,592.
Technology and Platform: $TOWER is associated with "The Tower Experiment," a pioneering initiative that merges conventional free-to-play gaming with blockchain technology. The primary aim is to enable play-to-earn opportunities for gamers while driving the integration of blockchain into the realm of traditional gaming. The issuance of TOWER tokens serves as the first step in launching this experimental venture. These tokens will possess various utilities within the existing Crazy Kings franchise and will pave the way for an upcoming blockchain-powered PC game.
Team: Behind the $TOWER token and The Tower Experiment lies a dedicated team of professionals working to bridge the gap between traditional gaming and blockchain technology. Comprising individuals with diverse expertise, the team is committed to realizing the potential of play-to-earn gaming and fostering the adoption of blockchain within the gaming industry. Their combined skills and vision underpin the development and execution of this innovative project.
Competition: In a landscape characterized by innovation and competition, $TOWER finds itself positioned among other players within the cryptocurrency and blockchain gaming sectors. As the gaming industry continues to evolve, various projects are exploring similar avenues, aiming to combine blockchain technology with gaming experiences. The $TOWER initiative will need to distinguish itself and demonstrate its unique value proposition amidst this competitive environment.
Supply: $TOWER currently boasts a circulating supply of 733,394,054 tokens, constituting 7.33% of its total supply of 10,000,000,000 tokens. This controlled supply structure aligns with the project's long-term goals and the envisioned utility of these tokens within the broader gaming ecosystem. As the project unfolds and garners adoption, the distribution and utilization of the supply will play a critical role in shaping its success and impact within the gaming and blockchain communities.
1. Market Volatility: The cryptocurrency market is known for its extreme volatility. The value of $TOWER could experience rapid fluctuations, potentially leading to substantial losses for investors.
2. Regulatory Uncertainty: The regulatory environment for cryptocurrencies and blockchain projects is still evolving. Changes in regulations or unfavorable legal developments could impact the ability of the $TOWER project to operate as intended.
3. Competition: The blockchain gaming space is becoming increasingly competitive. Other projects with similar goals might gain traction and pose a challenge to the adoption and success of $TOWER.
4. Technological Risks: Blockchain technology is complex and can encounter technical challenges. Smart contract vulnerabilities, bugs, or security breaches could impact the functionality of the $TOWER token and the associated gaming ecosystem.
5. Adoption Challenges: Integrating blockchain into traditional gaming is a novel concept. Encouraging gamers to embrace play-to-earn models and adapt to using cryptocurrencies could prove challenging and impact the adoption of $TOWER.
6. Gaming Community Engagement: Success in gaming often relies on a vibrant and engaged community. If the gaming community doesn't resonate with the play-to-earn concept or the $TOWER token's utility, adoption might be slower than expected.
7. Economic Factors: The success of play-to-earn models depends on various economic factors. If in-game rewards or incentives provided by $TOWER tokens do not align with gamers' expectations, it could affect the appeal of the project.
8. Security Concerns: Users need secure wallets and platforms to interact with $TOWER tokens. Breaches in security infrastructure or user vulnerabilities could lead to token theft and undermine trust in the project.
9. Partnership Dependencies: The success of the $TOWER project may depend on partnerships and collaborations with other entities. Any issues or disagreements with these partners could hinder the project's progress.
10. Lack of Mainstream Adoption: Despite the growth of the blockchain industry, mainstream adoption of blockchain-based games and tokens remains a challenge. If $TOWER fails to attract a significant user base beyond crypto enthusiasts, it may struggle to achieve its goals.