Walken

WLKN Price

About Walken (WLKN)

Walken is a move-to-earn mobile game that incentivizes physical activity by rewarding users for real-world steps with digital assets and NFT progression.

• The platform converts real-life movement into in-game soft currency used to level up digital characters.
• Players engage in competitive battle-games where character statistics and equipment determine the earning potential of native tokens.
• The ecosystem features a integrated marketplace for trading NFT-based game assets and characters.

What Is Walken

Walken is a blockchain-based gaming application that bridges physical fitness with decentralized finance. Its primary value proposition is the gamification of daily physical activity, allowing users to monetize their exercise through a move-to-earn model. Value moves through the system as users convert real-world steps into Gems, which are then used to increase the value and performance of their NFT characters, known as CAThletes.

The WLKN token is put to work as the primary medium for high-level progression and ecosystem participation. It is required for leveling up characters past certain thresholds, breeding new NFT assets, and participating in the in-game marketplace. As the ecosystem grows, Walken aims to scale by expanding into the Cuze ecosystem, a broader infrastructure of hybrid-casual games that share the same utility token and asset base.

What Makes Walken Unique

• Proof of Activity Mechanism: Unlike traditional games, Walken uses a pedometer-based tracking system that directly translates 1,000 real-world steps into one in-game Gem.
• Hybrid Economy: The game utilizes a dual-currency system where Gems (soft currency) handle basic progression while WLKN (hard currency) governs the competitive and economic layers.
• CAThlete NFT Evolution: Characters are not static; they evolve through eleven distinct levels, increasing their market value and competitive statistics as players invest time and tokens.
• Cuze Ecosystem Integration: Walken serves as the flagship application for a wider network of satellite games, providing cross-application utility for the native token.

What Can You Use Walken for?

• Character Progression: Leveling up CAThletes to improve their Speed, Strength, and Stamina statistics for better battle performance.
• Breeding and Fusion: Creating new NFT assets by combining existing characters or fusing them to increase rarity and power.
• Marketplace Transactions: Buying and selling NFT items, such as clothing and accessories, which provide statistical boosts to characters.
• Staking: Participating in staking programs to earn rewards and gain access to exclusive ecosystem features.
• In-game Boosts: Purchasing Mysberries to provide temporary advantages during competitive matches.

How Does Walken Work?

Walken operates on the Solana network, leveraging its high throughput and low transaction costs to handle frequent in-game microtransactions. The technical mechanism centers on the synchronization of mobile health data with the game's backend. When a user walks, the application tracks steps and updates the user's Gem balance. These Gems are the primary driver for character growth, but they are not the on-chain token.

To move characters to higher levels or trade them, users must interact with the WLKN application utility token. The game uses a competitive matching algorithm that pairs CAThletes in disciplines like sprinting, urban running, or marathon racing. The outcome is determined by a combination of the character's base stats, the items they are wearing, and the player's recent step count. This ensures that both long-term investment and daily physical activity are required for success.

Team Info and Investors

Walken was founded in 2022 by Alexei Porodzinsky and Konstantin Kozlovsky, who serve as the project's key leadership. The project has secured significant early backing, raising $4.7 million in seed funding to develop its move-to-earn infrastructure. Major investors include Yield Guild Games, OliveX, Shima Capital, Morningstar Ventures, Infinity Ventures Crypto, and LD Capital. The project also maintains strategic partnerships with platforms like Huobi Ventures and NFT Tech to support its market expansion and liquidity.

Where can you buy Walken?

WLKN tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Walken is Raydium (CLMM), where the most active trading pair WLKN/WSOL has a trading volume of $947.59 in the last 24 hours.

What is the daily trading volume of Walken (WLKN)?

The trading volume of Walken (WLKN) is $642.21 in the last 24 hours, representing a -27.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Walken (WLKN)?

Walken (WLKN) reached an all-time high of $0.09642 and an all-time low of $0.0001303. It’s now trading -99.80% below that peak and 35.00% above its lowest price.

What is the market cap of Walken (WLKN)?

Market capitalization of Walken (WLKN) is $293,059 and is ranked #4416 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of WLKN tokens (1.7 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Walken (WLKN)?

The fully diluted valuation (FDV) of Walken (WLKN) is $351,694. This is a statistical representation of the maximum market cap, assuming the maximum number of 2 Billion WLKN tokens are in circulation today. Depending on how the emission schedule of WLKN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Walken compare against its peers?

With a price decline of -4.50% in the last 7 days, Walken (WLKN) is underperforming the global cryptocurrency market which is down -0.10%, while underperforming when compared to similar NFT cryptocurrencies which are up 1.80%.