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Kawaii Islands IDO Goes Live on Polkastarter and Pancakeswap By CoinQuora

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© Reuters. Kawaii Islands IDO Launches on Polkastarter, Pancakeswap
  • NFT’s Kawaii Islands play-to-earn NFT game is set to launch its IDO.
  • Kawaii Islands’ IDO will be conducted through the Polkastart, PancakeSwap platforms.

Kawaii Islands, a non-fungible token game (NFT), announced last September that its IDO would launch on October 12. Kawai Islands has finally launched its IDO through Polkastart, Pancake.

Minh Do spoke out about the IDO’s success, Kawaii Islands CEO and IMBA Studio CEO.

Thank you to everyone who supported this project. Since day one, we’ve been continually in the good graces of many wonderful investors, partners, and our thriving community. We look forward to the next steps and the development of Kawaii Island to offer the best NFT gaming experience to our community.

In detail, Kawaii Islands’ token, KWT, has an initial market cap of $800,000. Each KWT is traded at $0.03. Kawai Islands hopes to raise $250,000 through its IDO.

Kawaii Islands already has remarkable achievements. Kawaii Islands has now raised $2.4 million through a private sale of tokens from 28 prominent investors. There are also three NFT sales events which have generated more than $600,000.

This is not all. The game has been growing rapidly. It boasts 10,000 active daily players, over $1.2 Million in trading volume, and $320,000 per day in players earnings in the Alpha game. In fact, it is one of the Top & Active Decentralized Applications on Binance Smart Chain. (https://www.binance.org/en/leaderBoard)

Apart from this, Kawaii Islands’ social media presence is also growing. About 8,000 people joined the whitelist event when it began. Polkastart received approximately 5,400 applications filtered by the team. In addition, the IDO has seen its social media accounts gain 30k members in just a few months. Its Telegram group has approximately 33,800 members. There are also 26,400 Discord users, 38,400 followers on Twitter, 11,000 Facebook likes (NASDAQ:), and about 500k visits per week. What’s more, its AMAs series now reaches a total audience of 150k and counting.

Mr. Minh Do additional,

Polkastarter cannot be praised enough. Polkastarter not only provides a platform for the most innovative blockchain projects, but they also provide us with invaluable information and connections in this field. You can also trust your funds in a secure and decentralized environment.

In other words, with all these achievements, it’s evident that Kawaii Islands have managed to gain the attention of well-known investors in the crypto industry. According to reports, the investors are DFG, JSquare and AU21. Further, Signum and MapleBlock led a private token sale that generated millions of dollars for the game.

Kawaii Islands, as mentioned earlier, recently bought $2.4 million through a token sale to fund its anime play-to earn Metaverse initiative. It allows players to take full control of their actions in-game. This game stimulates the imagination of players by allowing them to create, decorate, style, and use social media. For players with artistic and story-telling skills, they can make a Web 3.0 economy within the game under a “create-to-earn” model. This is the first-ever blockchain- or distributed ledger technology (DLT-powered) play-to earn game to offer this kind of functionality at such large scale.

There is an Alpha version, which was launched last month by Kawaii Island. You can now explore the anime universe and customize your entire gaming experience.

All in-game achievements and accomplishments in Kawaii Islands give players the opportunity to collect tokens that can be used for in-game purchases. In addition, there are also several milestones in the game like NFT farming, KWT staking, seasonal events, renting, and lastly, the launch of one’s online business on-chain.

Kawaii Islands invites all those interested to experience a customized anime world with lots of engaging activities. Kawaii Islands is available here.

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