The OWB meme coin, natively used by Clash of Coins, has been buzzing following its token generation event (TGE) on March 31, 2025. The Project’s documentation reveals that OWB has become one of the leading candidates in the play-to-earn gaming space as a result of adoption due to its usage in Clash of Coins. The platform unveiled new staking rewards and in-game utility attributes this week, adding to OWB’s popularity among gamers as well as wider audiences.
Clash of Coins, a strategy game where players battle and establish virtual armies, employs OWB as its foundation as an open economy. The token, ERC-20 with 1b total supply launched on Base blockchain, governs in-game transactions, staking rewards, and governance votings to follow. While 2.2% supply went into the community and 23.1% to ecosystems growth in TGE, 10% went into staking rewards over two years, and 0.3% to Founders Items & Buildings Items holders. The remaining supply vests over 36 months as locked by the team and investors for 6-8 months to balance its expenses. New this week are functionalities introduced with a gamified staking system where players are eligible to get up to 15% yearly rewards in OWB and more affordable in-game items like upgrades to buildings, more fully integrating the token into gameplay experience.
Market performance since the TGE has been notable. In the last 24 hours, OWB recorded a trading volume of $2.1 million on Base-supported decentralized exchanges, reflecting growing interest. The token’s price has risen 474% in 24 hours, driven by the new utility features and community engagement.
The Clash of Coins team added, “This addition represents a major step towards positioning $OWB as the hub of our ecosystem among players and holders.” With a road map to release seasonal drops to retain OWB’s utility, the token continues to gain momentum, turning into a meme coin with real-world usage in the new play-to-earn gaming economy.
