Friday, November 15, 2024
HomeMetaverseKoi Metaverse’s Initial NFT Offering is here

Koi Metaverse’s Initial NFT Offering is here

Koi Metaverse launched its INO on April 12, 2022. The INO was held as part of a cooperation with ChainGuardians and Chainboost on the Binance Smart Chain. In total, 700 NFTs of virtual koi fish were made available for purchase on BSCStation and another 700 on ChainGuardians, for a total of 1,400 virtual koi fish accessible for purchase.

Users had to fulfil a few rules laid forward by Chainboost in order to participate in the offer. They had to first go to the Chainboost website and link their cryptocurrency wallets. After that, users needed to satisfy Chainboost’s KYC procedures and then express their interest on the Koi metaverse page.
Those who already owned Koi NFTs from Phase 1 of the Genesis Collection Offering might get a KOI private round allocation based on a random block snapshot.
Because Koi GameFi’s business strategy is mainly based on NFTs, the NFTs that are made available for purchase will be part of the greater Koi GameFi universe. In reality, Koi Metaverse’s purpose is to aid in the construction of digital collectible platforms, which will help usher in the Next-Gen GameFi Metaverse Economies.
The Koi metaverse places a strong emphasis on cross-chain interoperability in all of its operations. They create GameFi NFTs that work with a variety of blockchains, including the Binance Smart Chain and Ethereum.
On April 15, 2022, at 9 a.m. UTC, Koi Metaverse will begin an NFT sale on its website, in addition to the INO. There will be 600 NFTs available during this sale, as well as mystery boxes containing up to $150 in BNB apiece. Unlike the INO, there will be no KYC requirements for this sale, though customers will be limited to purchasing a total of 20 goods.

Read more: People’s Bank of China scrutinises NFT space for minimising risks

Kunal Krishan
Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.
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