Blockchain
Kyoko Lands Nine DAO Partnerships as It Gears up for Blockchain Lending Product Launch
Singapore, Singapore–(Newsfile Corp. – April 20, 2022) – The DAO-to-DAO credit provider and cross-chain GameFi NFT lending market, Kyoko.finance (“Kyoko”) has announced strategic partnerships with nine new DAOs and play-to-earn (“P2E”) games, including DoubleDice, Doragon Land, Cowboy Snake, Salad Ventures, Virtue Alliance, BabyMoon Gaming House, and Babylons.
Kyoko Lands key partnerships as it gears for launch
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These strong additions extend the list of Kyoko partners, which already include well-regarded brands like YGGSEA, SweeperDAO, BlockchainSpace, and Lootex. The momentum in business development and partnerships for Kyoko is written in the stars for the web3 project as it approaches the launch of its innovative DAO-to-DAO lending services and P2P NFT lending platform on April 25, 2022.
In addition to its growing partnership program and following in the footsteps of its $3.6 million strategic fundraising round led by Aten Infinity Ventures in March, the Kyoko team also recently concluded a $300 thousand public sale through an Initial Dex Offering (“IDO”), Initial Voucher Offering (“IVO”), and Initial Exchange Offering (“IEO”). Currently, the project commands a total valuation at around $7.4 million.
Kyoko has additional plans for a historic Initial NFT Launch, or “INO”. The project has released its Kyoko Pawn series, a collection of 1,000 unique NFTs that offer unique benefits to their holders. Each Pawn lists for a price of $20,000.
Pawn holders will be offered exclusive investment opportunities in emerging DAOs that qualify for Kyoko’s DAO-to-DAO lending services. Pawns are readily tradable on secondary marketplaces and, at time of publication, nearly 40% of the collection has been acquired. Kyoko Pawns can be purchased at pawn.kyoko.finance/.
“This is an exciting time for Kyoko. We’re growing our list of partners and have finished up record fundraising as we approach our DAO-to-DAO lending services and NFT lending platform release,” said Kyoko Head of Investor Relations and Business Development, Steve Hopkins. “With the upcoming launch of our keystone cross-chain asset lending platform that aims to lower the barriers of entry in the play-to-earn (“P2E”) ecosystem for players, guilds, investors, and games, the stars are aligning for the Kyoko team and community.”
Kyoko will be releasing additional details on its Kyoko Pawn NFT collection over the coming days. The project is aggressively pursuing partnerships with guilds, games, and other ecosystem partners as it prepares to launch its DAO-to-DAO lending and P2P NFT lending services on April 25. Those interested in learning more can join the Kyoko community at discord.gg/kyokofinance or get in touch at [email protected].
About Kyoko
Kyoko is a DAO-to-DAO credit provider and cross-chain GameFi NFT lending market for guilds and players. Kyoko’s DAO-to-DAO lending offers liquidity to promote web3 development, while it’s guild-to-guild lending, P2P NFT lending, and cross-chain asset lending platforms aim to solve the most pressing issues challenging the GameFi market, including the rising cost of entry and siloed in-game assets across different blockchains. Kyoko’s metaverse will also allow Guilds to display their history, progress, and other accomplishments, while players can connect with others in a world that can be built in, developed, and sold off.
Contact
Steve Hopkins, head of investor relations and business development at Kyoko
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121010
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Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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