Hello Kyokoans!
We have a big announcement that you WON’T want to miss! Everyone’s been buzzing with questions about our upcoming IDO. So, we thought we’d give everyone a delicious treat to sink their teeth into. Our upcoming public sale will be split between a token sale and convertible NFT sale — here are some more details:
IDO Information
IDO Date
March 20, 2022
Total token sale amount
40 million $KYOKO (4% of total tokens)
Who can participate
Everyone!
Whitelist benefits
Kyoko badge holders will be eligible for discounts on IDO pricing and/or additional IDO-related goodies
Use of proceeds
Raised proceed will provide liquidity to Kyoko’s DAO-to-DAO credit LP and fund ecosystem incentives
IDO Access
Platforms
Copperlaunch, Polkastarter, MoonEdge, NFT marketplaces
Copperlaunch
- $KYOKO launch value: $1
- Platform supply: 14.68 million $KYOKO (any unsold tokens to return to Kyoko treasury)
Kyoko Pawn Sale
- $KYOKO launch value: $0.50
- Total supply: Equiv. 25.32 million $KYOKO
- More info below
Polkastarter & MoonEdge
- $KYOKO launch value: $0.30
- Total supply (combined value): 1 million $KYOKO
Kyoko Pawn Sale
Kyoko Pawn is a collection of 1000 unique NFTs that will be launched alongside our IDO. They will be freely traded on NFT marketplaces.
Pawn Distribution
- Total Kyoko Pawns: 1,000
- Public Sale: 633 (convertible at 1:40k $KYOKO, sale begins on 3/20)
- OG Investors: 360 (convertible at 1:100k $KYOKO, already distributed)
- Advisors: 7 (non-convertible, already distributed)
Pawn Benefits: Public Sale
- Each Pawn NFT is convertible to $KYOKO tokens at a fixed rate of 1:40k
- Access to Kyoko metaverse upon launch
- Other exclusive benefits to be announced
Pawn-conomics: Public Sale
- Launch value: 1 Pawn = 20k USDT worth of $KYOKO at launch price
- Pawn value: Pawns are convertible at a fixed rate of 1 Pawn = 40k $KYOKO at market pricing
- Total initial supply: 633 Pawns
- Token release: Converted $KYOKO tokens will be locked for 3 months and released linearly each week for 3 months
- Pawns can be freely exchanged in the NFT market until fully vested
Well, that about covers it! Get ready for takeoff, Kyokoans. It’s about to get ORBITAL up in here!
About Kyoko
Kyoko.Finance is a DAO-to-DAO and cross-chain GameFi NFT lending market for guilds and players. Kyoko’s DAO-to-DAO lending offers liquidity to promote web3 development, while its 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.
Follow Kyoko at the links below to stay up to date on upcoming events, releases, and news.
Website | Twitter | Telegram | Announcements | Discord | Partnerships
Well, that about covers it! Get ready for takeoff, Kyokoans. It’s about to get ORBITAL up in here! 🚀🚀
