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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This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
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By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
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From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
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