Monday, June 17, 2024
HomeNFTKingdom Karnage raises $2 million for GameFi Features from Animoca Brands, Enjin,...

Kingdom Karnage raises $2 million for GameFi Features from Animoca Brands, Enjin, and DFG

Kingdom Karnage, a turn-based NFT battle game by Kepithor Studios, is getting a set of creative new GameFi mechanics. The game’s future KKT token, which has received investment from Animoca Brands, Kriptomat, ExNetwork, MyMetaverse, DFG, Jsquare, and others, will bring new play-to-earn chances for its players. The team is planning to set up a bridge that would allow the KKT token to travel from Binance Smart Chain to Enjin’s Jumpnet, where users will be able to transact with no gas.

For nearly two years, Kingdom Karnage has been active and playable in Beta. Since its inception, the game has amassed 24,979 NFT holders thanks to its animated cartoon looks and profoundly strategic dynamic gameplay. Kingdom Karnage was also one of the first projects to receive funding from Enjin’s Efinity Metaverse Fund, which has a $100 million fund.

Players will be able to make a living by obtaining $KKT from in-game drops and voting for new game features in Kingdom Karnage. Players who have extra NFTs can develop “sponsorship decks” that they can lend out to other players and split the $KKT they make. The Kingdom Karnage economy’s currency will be $KKT, and players will be able to sell and rent their NFTs through the in-game auction house.

Nick Franklin, CEO of Kephithor Studios stated:

“New play-to-earn mechanics are being developed that will spread throughout the game industry, our objective is to let gamers enjoy their spare time while also changing their lives by striking the optimal mix between gameplay and financial inclusion.”

It’s a wrap for this story.

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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