Kyoko.finance, has announced that it has forged strategic alliances with nine new decentralized autonomous organizations (DAOs)and play-to-earn gaming (P2E) metaverses, as it puts preparation in top gear to roll out its DAO-to-DAO lending solutions and its peer-to-peer (P2P) NFT lending platform on April 25, 2022.
Kyoko Adds New Ecosystem Partners
Kyoko.finance, a DAO-to-DAO credit provider and cross-chain GameFi non-fungible token (NFT) lending market for guilds and players, has reached another significant milestone in its development.
The Kyoko project has signed strategic partnerships with nine top-notch DAOs and P2E metaverses, including DoubleDice, Doragon Land, Cowboy Snake, Salad Ventures, Virtue Alliance, BabyMoon Gaming House, and Babylons, effectively expanding its list of ecosystem partners which already includes innovative firms in the Web3 space such as YGGSEA, SweeperDAO, BlockchainSpace, and Lootex.
These formidable alliances are expected to further strengthen the Kyoko ecosystem, especially as it gears up to officially launch its cutting-edge DAO-to-DAO lending services and P2P NFT platform on April 25, 2022.
In the Kyoko metaverse, Guilds will be able to display their in-game progress and accomplishments, while players will be able to connect with other members of a virtual world that can be built upon, developed, and sold off.
The latest strategic partnership deals are coming at the heels of a hugely successful $3.6 million fundraising round led by Aten Infinity Ventures last March, as well as the conclusion of a $300,000 public sale through an initial DEX offering (IDO), initial voucher offering (IVO) and initial exchange offering (IEO). Currently, the Kyoko project boasts a total valuation of $7.4 million.
Innovation Unlimited
It’s worthy of note that the Kyoko team recently released its Kyoko Pawn series, a collection of 1,000 unique NFTs that offer exclusive benefits to collectors. Each Kyoko Pawn NFT has a floor price of $20,000 and is redeemable for its full face value one year after mint.
Once the Kyoko Pawns get redeemed, holders will share a pool of 2 million $KYOKO tokens or $400,000 at current market prices.
That’s not all, Kyoko Pawn NFT holders will also enjoy exclusive investment opportunities in emerging DAOs that qualify for Kyoko’s DAO-to-DAO lending services.
Kyoko Pawn NFTs can be easily traded on secondary NFT marketplaces, and at the time of writing, nearly 40 percent of the collection has been acquired already. Kyoko Pawns can be purchased at https://pawn.kyoko.finance/
Steve Hopkins, Head of Investor Relations and Business Development at Kyoko said:
“This is an exciting time for Kyoko. We’re growing our list of partners and have finished up record fundraising as we approach our DA-to-DAO lending services and NFT lending platform launch. With the upcoming launch of our keystone cross-chain asset lending platform that aims to lower the barriers of entry in the P2E ecosystem for players, guild, investors, and games, the stars are aligning for the Kyoko team and community.”
Kyoko says it has serious plans for a historic initial NFT offering (INO) shortly. The project will also release additional details concerning its Kyoko Pawn NFT collection in the coming days, as it continues to aggressively expand its rapidly growing list of ecosystem partners. Get in touch with Kyoko via [email protected]
Source: https://crypto.news/kyoko-finance-nine-new-partnership-blockchain-product-launch/