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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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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