Kawaii Islands Taps Polkastarter For Its KWT IDO On October 12th By DailyCoin
Kawaii Islands, the Anime Metaverse gamifying DeFi mechanism, is pleased to announce its Initial Decentralised Offering (IDO) on Polkastarter. Users can begin registering to whitelist immediately after the token sale.
Global momentum continues to build for blockchain gaming using a pay-to-earn approach. Kawaii Islands was the first Anime Metaverse to be created on a large scale. You have many customization options available, such as crafting and decorating your home, creating characters, or engaging in social media. You have many options for customization and more are coming in the future.
Kawaii Island is not your standard NFT-oriented blockchain gaming experience. The Alpha version of this game uses a temporary AIRI token – courtesy of Marketplace partner aiRight – to help balance the overall economy. The native KWT token, which will be released in beta form October 2021 is going to become the primary currency. All assets of the Alpha version will remain intact in beta to ensure players don’t lose their progress.
Kawaii Islands is dependent on the KWT Token. You can use it for governance, as well as many other purposes. In-game fees can be paid with KWT that players earn by completing Delivery Orders through the Leaderboard. You can also earn more KWT by completing Delivery orders through the Leaderboard or by selling and staking your items. These KWT tokens can also be used to buy and craft items, avoid waiting times, participate in events, or skip the wait.
Kawaii Islands’ team will start selling the KWT token via Polkastarter’s Initial decentralized offering (IDO). This is scheduled to take place on October 12, 2021. The tokens will go on sale at $0.03 and there is a total of 1 billion KWT. You can find more information about tokenomcis here.
Polkastarter is a funding partner for the Kawaii Islands Project and allows projects to raise capital in an open, decentralised and permissionless environment. In addition, the team will unveil more information on the IDO whitelisting process through Kawaii Island’s official social channels.
Two presale events were held earlier by the Kawaii Island team for 2,100 starter packs of NFTs. In addition, they secured $2.4million in private financing from a variety of prominent blockchain and crypto investors like MapleBlock. Kawaii Islands has the industry knowledge and financial backing to link other anime games into an anime metaverse.
Kawaii Islands is a joint venture of Oraichain and Imba Games Studio. It aims to bring together gaming and blockchain development. Kawaii Islands’ NFT-oriented, play-to earn business model allows everyone to access the game without needing to invest a lot upfront.
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