Kyoko to Fractionalize NFTs for Allocation — Only on Solv Marketplace
Update
To purchase $KYOKO on Solv, please choose from these two links:
Whitelisted users: https://app.solv.finance/vesting-voucher/order-detail/2/vvKYOKO/100?network=mainnet
Other users: https://app.solv.finance/vesting-voucher/order-detail/3/vvKYOKO/101?network=mainnet
Kyoko, the DAO-to-DAO credit provider and cross-chain GameFi NFT lending market for guilds and players, plans to raise funds by distributing NFTs for allocations to the community. A more decentralized and community-driven solution is now available through Solv Marketplace, a financial NFT marketplace that allows for fractionalizing NFTs to bring liquidity to their underlying digital assets.
Solv Marketplace provides a fast, user-friendly solution in which users can burn ERC-721 tokens to create new and fractionalizable ERC-3525 tokens through the dApp’s ‘Exchange’ feature. Once the process is complete, Kyoko’s allocations will begin circulating as vouchers, instead of illiquid NFT assets. Moving forward, vouchers are expected to play a unique role in meeting a protocol’s treasury management and community-building needs.
In this offering, vesting vouchers for 1M $KYOKO (0.1% of total supply) will be issued at $0.10 per token by Kyoko, at Solv Marketplace.
About Kyoko
Kyoko.Finance 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 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 | Gitbook
About Solv
Solv Protocol is a decentralized marketplace for minting, trading and managing NFTs that represent financial rights in DeFi. The protocol aims to utilize the power of financial NFTs to resolve one of the most pressing problems in the emerging DeFi: the absence of an efficient and flexible tool to express complicated financial contracts.
Solv’s current financial NFT products are Vesting Voucher, an NFT that represents ownership of allocation, and Convertible Voucher, a bond-like NFT featuring a redemption method which hinges on a price range and the future price of the underlying.
