Hi Bitgetters, we are bringing you a new project, Kyoko, on our Launchpad from 6th April, 4 PM to 8th April, 8 AM (UTC).
In the world of Web 3.0, Dao, Game-Fi and NFT will play an important role and become more and more popular.
Kyoko is a decentralized financial platform financing the development of the Web3.0, which acts as aPeer-to-Peer NFT lending platform, cross-chain Game-Fi NFT platform and DAO-to-DAO credit provider.
How does Kyoko work?Here is a brief introduction of Kyoko and a simple step by step guide of how to earn the Tokens of Kyoko.
What is KYOKO?
More and more Web 3.0 related industries such as Game-Fi, NFT, Blockchain projects are at a fast growing rate. A lot of potential projects require a lot of capital for development. KYOKO is a De-Fi platform with a brilliant future.
KYOKO brings credit and provides financial support for DAOs through the industry’s first DAO-to-DAO lending protocol.
Through KYOKO, DAO has easier access to capital and develops at a faster speed. And investors may obtain an attractive return on Kyoto.
Furthermore, KYOKO solves one of the pressing issues challenging the GameFi market, including the rising cost of entry and siloed in-game assets across different blockchains, through its innovative cross-chain asset lending platform.
KYOKO brings liquidity to an illiquid NFT market as fundraisers may provide their NFTs as collateral on Kyoko’s Platform. This makes NFT become a more valuable and reliable asset that acts like real estate, stock and bonds to raise capital.
KYOKO is not a project with bubbles and fancy marketing PPT; it has a solid foundation and support. Over $7 million between its seed, private, and strategic fundraising rounds.
The investors of KYOKO include Animoca Brands, Morningstar Ventures, YGGSEA, Infinity Ventures Crypto (IVC), AXIA8, Red Building Capital, NGC Ventures, Momentum 6, Kliff Capital, BlockchainSpace, BreederDAO, SweeperDAO, ATEN Infinity Ventures, and more, much more. The Project advisors include some of the well-known industry titans; Mr. Block and Brian Lu.
Step by Step Guide to participate in the project
Follow the 7 steps below to participate in the project and earn tokens:
- Registration: You may register on Launchpad starting from April 6, 4 PM to
April 8, 8 AM (UTC). Registered users are eligible to participate in the token sale to subscribe to KYOKO.
- Ticket Redemption: After registration, you can win lottery tickets by holding any assets. The amount of the lottery ticket is based on your amount of holdings on spot and futures. A snapshot of users’ assets (Spot and Futures account) will be taken at a random time during the Launchpad duration to calculate the daily holdings.
– Bonus: Trade More to Earn More
Rules: Trade (Spots/Futures) to claim additional tickets on top of what you have!
*Users must obtain at least 1 ticket from the ‘Hold & Gain’ session to participate in the ‘Trading Bonus’ session.
- Ticket Distribution: We will calculate and distribute the total number of tickets you acquire through holding and trading with us.It will be done in 10 minutes, from April 8 ,8 AM – 8:10 AM (UTC).
- Token Exchange: You can exchange BGB for an equal value of KYOKO from April 8 ,8 AM to April 9 ,8 AM(UTC) which is in proportion to your winning tickets.
- Everyone’s a Winner: Consolation Prize: Hold tickets but didn’t win the lottery this time? You can earn from a consolation prize pool of 12,000 KYOKO, proportional to the total number of tickets you held. And remember, there’s always next time!
- Token Distribution: According to the project’s vesting schedule*, we will issue 33% of your exchanged tokens to your account before the project is publicly listed while the remaining will be vested by 33% and 34% each quarter.
- Listing Details of KYOKO: The KYOKO/USDT trading pair will be available for traders from 9 April, 12 PM onwards.
*Do keep in mind that 33% of your exchanged tokens will be issued before trading begins, and the remaining will be vested by 33% and 34% each respective quarter.
The Important Schedule Reminder
Terms & Conditions
The Launchpad registration period will last for 40 hours, from 6th April, 4 PM to 8th April, 8 AM (UTC).
During the period, we will take a snapshot of your assets holdings every day at a random time. Any withdrawal during the registration period will result in a decrease in lottery tickets.
The more assets you have in your account, and the earlier you register, the more tickets you end up with.
- Identity Verification
Participants must complete the Identity Verification (KYC) to be eligible for the event.
- Register’s Region
Users who are registered under Mainland China are not allowed to participate.
- For any malicious behavior found
Bitget reserves the right of final interpretation of this event. If any malicious behavior or exploitation of platform vulnerability is found, Bitget reserves the right to handle the user’s account and assets.
Disclaimer: Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their due diligence and invest at their own risk.
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