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KuCoin Announces KuCoin IGO To Fuel Growth In Blockchain Gaming And Web3

Written by: Mustafa Mulla

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Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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Apr 4, 2022

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KuCoin expands its presence in Metaverse and Web3 development by introducing its initial Gaming Offering platform.

KuCoin IGO will help millions of users access exclusive in-game NFTs through a trusted environment. The platform’s first-round sale will go live on April 11. 

KuCoin IGO Is A Logical Step

The brand KuCoin is synonymous with one of the leading cryptocurrency exchanges on the market today. The company serves millions of users worldwide and provides access to prominent crypto assets and top-tier liquidity.

Moreover, the KuCoin tea has higher expectations of the Metaverse and Web3 development, two concepts that can put cryptocurrency and blockchain technology into the hands of mainstream users.

Fueling growth in the blockchain gaming, metaverse, and Web3 environment requires crucial infrastructure.

The KuCoin IGO platform will provide access to exclusive in-game NFTs. Moreover, Initial Gaming Offerings enable a seamless centralized experience for users looking to purchase, withdraw, invest in, and manage their game-related NFT assets. 

KuCoin CEO Johnny Lyu states:

“The metaverse is one of the most exciting topics of today, and a brand-new way of life in the near future. When both giants such as Meta, Amazon, and Tencent and wealthy investors such as Elon Musk are heavily investing money, talent, and technology into the metaverse, one has to believe that this is going to be a historical trend that delivers a truly unique experience. Gamefi and NFT will be the most typical entrances to the metaverse, which is a big reason why KuCoin launched the IGO platform. We hope to empower the development of web3.0 through KuCoin’s IGO platform, to dig more good gamefi projects and NFTs and help the entire industry’s development.” 

The KuCoin IGO platform offers benefits to users but is also a valuable tool for creators. Users seeking to launch their creations to an audience of millions of users can offer their assets through flat-rate sales, auctions, and mystery boxes. 

Pikaster Is The First Project

The launch of KuCoin IGO has attracted attention from blockchain gaming developers. Pikaster, a card battle game built on the KuCoin Community Chain (KCC), will be the first project to launch through KuCoin IGO.

Its team wants to offer a different take on playing and earning through gamified finance (GameFi). Players can explore various innovative features to combine a prominent gaming experience with appealing financial incentives. 

Pikaster CMO Luffy comments:

“KuCoin has always been a company with lofty ambitions, and they are always watching for possible changes in the future. At the same time, KuCoin pays great attention to the value of the community and the value of users. This is completely consistent with our philosophy. So we think to cooperate with KuCoin and to launch IGO as the first project, our decision is completely correct.

Pikaster is confident to bring new changes to the industry, both from a gaming perspective and from a revenue-generating perspective. That’s why we call ourselves “Truly-Play&Truly-Earn”. 

Unlike other play-to-earn games, Pikaster uses a three-token economy model. That model plays a key role in establishing a sustainable profit-sharing system.

Additionally, Pikaster has an in-game wallet and will provide multiple gaming modes to keep players engaged. KuCoin has made a strategic investment in Pikaster through the KuCoin Ventures arm in March of 2022. 

Pikaster is developed by Metaland, a company specializing in developing high-quality blockchain games.

Moreover, the team has expertise in social aspects, entertainment, and sports to ensure players can explore new experiences in a sustainable financial game-related environment. 

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Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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