- [May 2]: The article originally stated, “In addition, a pool of 2 million $KYOKO tokens will be split evenly between all current Pawn holders at time of redemption.” The team has updated the article to say, “In addition, a pool of $KYOKO tokens will be split between all current Pawn holders at time of redemption. Specific amounts will be confirmed shortly.”
This is the Kyoko Pawn announcement you’ve all been asking for. In this article, we’ll tell you the ‘what,’ ‘why,’ and ‘how’ of Kyoko’s innovative NFT collection.
At a Glance: Kyoko Pawn
- Total collection size: 1,000 NFTs
- Publicly available: 633 NFTs
- View the collection: Opensea
- Pawn sale page: Kyoko Pawn
- Benefits: Redeemable for $20,000 USDT; $KYOKO tokens; airdrops from promising projects
What Are Kyoko Pawns?
The Kyoko Pawn series is a collection of 1000 unique NFTs that will be available for the Kyoko community. They allow investors to safely share in the long-term growth of Kyoko while enjoying exclusive airdrops from projects with the highest growth potential in the Web3 industry.
Kyoko Pawn Benefits
Kyoko Pawns are not a traditional investment product. While most NFT collections rely on risky speculation or unstable demand on secondary markets, Kyoko Pawns have instead pioneered a new model for loan-to-earn. While traditional loans employ a principal + interest repayment model, Kyoko Pawns take this one step further.
Kyoko Pawn: A New Model for Loan-To-Earn
Kyoko Pawns will have an initial value of $20,000 USDT per NFT. Exactly one year after mint, Kyoko Pawns will be redeemable for $20,000 USDT.
In addition, a pool of $KYOKO tokens will be split between all current Pawn holders at time of redemption. Specific amounts will be confirmed shortly.
In addition, Pawn holders may be eligible for early investment opportunities from Kyoko’s DAO-to-DAO lending business, which include the potential for airdrops from promising projects, among other benefits.
Kyoko Pawns were designed with YOU in mind. They guarantee the return of your initial purchase price while offering diverse opportunities for attractive gains both inside and out of the Kyoko ecosystem.
Even more interesting? They re-enter this lending cycle each year, which offers a unique opportunity to invest in the long-term growth of Kyoko.
Kyoko Pawn Sale Info
The Kyoko Pawn collection has 1,000 NFTs. Of these, 633 are available for public sale. These are open to anyone and do not require a whitelist spot to purchase.
367 NFTs have already been distributed to early investors and advisors. These Pawns are NOT redeemable and do not have a claim on the pool of 2 million $KYOKO tokens.
After sale, Pawns are freely transferable/saleable on the secondary market. As mentioned, Pawns will also be re-sold every year and the sale proceeds will fund Kyoko’s DAO-to-DAO LP.
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.