2022 Grandview Research reported the global AR market size to be around 38.55 billion USD, growing at an estimated compound annual growth rate (CAGR) of about 40.9%. At this CAGR, the AR market is expected to rise to around 597.54 billion USD in 2030.
Augmented Reality (AR) technology contributes to increasing traction of metaverse projects/platforms. As a matter of fact, AR technology forms part of the blueprint of the Metaverse. Despite the amazing figure, the infancy of the metaverse sector means that the AR industry will still explode above what was estimated.
FreeWoly is one of the few startups integrating AR into its DeFi game protocol to provide an exciting experience for its users. This FreeWoly (FWOLY) ultimate guide introduces FreeWoly and its native token, FWOLY or FWoly Token.
Pexels/ Ali Pazani
What is FreeWoly and FWoly (FWOLY)?
FreeWoly is an AR adventure metaverse game set in the farmland. The game characters comprise farm animals of choice. The farm animals groom and breed the farm items, including crops. As the farm expands, the players earn rewards in FWoly (FWOLY).
FreeWoly runs on the Binance Smart Chain (BSC). Its parent blockchain network makes its native token, FWO, a BEP-20 token. FWOLY or FWoly Token is a meme coin powering the entire FreeWoly ecosystem, including its metaverse game.
Why FreeWoly?
The success of FarmVille 1 & 2 and Pokemon Go games, both AR-powered games, has led to a keen interest in the AR sectors. Reports suggest that the FarmVille game amassed about 2.8 billion USD in 2021; Pokemon Go, on the other hand, despite being a free-to-play AR game, accumulated nearly 1 billion USD in revenue in the same year.
FreeWoly combines the features of FarmVille and Pokemon Go to create a seamless game. It uses the location and AR feature of Pokemon Go and the farm setting of FarmVille to develop an interactive and fun-filled metaverse game for its users.
Looking at the market data of Pokemon Go and FarmVille, FreeWoly, through its FWoly Token, wants to tap the financial capacity of both games to grow its ecosystem and bank. As the protocol grows, there is a chance that users will grow as well.
Let’s see some features that likely make FreeWoly unique.
