The Kyoko Revolution: D2D & P2P NFT Lending Platforms Go Live!
BIG ANNOUNCEMENT INCOMING!
You’ve been hearing about the work we’re doing to solve some of the biggest challenges in the web3 and GameFi markets. We made some big promises to you all — and we’re working overtime to deliver.
Here’s a few of the updates we’ve brought you lately:
- $KYOKO Stake-to-Earn competition.
- $KYOKO staking platform launch.
- The first payment of our 5 million $KYOKO token airdrop.
- Our Kyoko Pawn collection launch.
- $KYOKO token launch on Uniswap.
- A $300 thousand public sale through an IDO on MoonEdge, IVO on Solv, and IEO on Bitget.
Well, dear Kyokoans, we have more news. We’re SO EXCITED to announce that our DAO-to-DAO lending and P2P NFT lending platforms are officially here!
Here’s what you need to know:
About Kyoko’s DAO-to-DAO lending platform
Kyoko finances the future of Web3 development through its DAO-to-DAO loans.
DAOs require a substantial amount of cash to maintain operations and grow their capabilities. Kyoko offers two types of DAO-to-DAO loans to satisfy this need: credit loans and collateralized loans. DAOs will be eligible to apply for Kyoko’s credit whitelist to obtain liquidity. If they want a higher amount of money, whitelisted organizations can also lock ERC-20 tokens, $KYOKO tokens, or NFTs into the Kyoko Vault as collateral for higher credit lines.
Kyoko has intimate partnerships with top DAO/guild data aggregator platforms, which informs our evaluation and risk models that assess the creditworthiness of the lenders.
Credit loans will be drawn from a liquidity pool, and liquidity providers will earn interest income from borrowers’ interest payments, while also mining KYOKO tokens. Liquidity providers can obtain attractive interest rates via Kyoko’s DAO-to-DAO liquidity pool when they deposit USDT in return for interest income and $KYOKO tokens. Liquidity providers may also be eligible for early investment opportunities and airdrops from high-potential emerging guild
About Kyoko’s P2P NFT lending platform
KYOKO’s P2P lending model aims to release liquidity for NFTs. Some users with NFTs on-hand may have funding needs, and they can provide their NFTs as collateral to KYOKO’s P2P protocol in order to borrow funds.
Kyoko’s P2P lending platform matches lenders and borrowers to release liquidity for NFTs. Users with NFTs on hand that have funding needs can provide their NFTs as collateral on Kyoko’s P2P lending protocol to borrow funds.
The platform allows users to customize the loan amount, interest rate, and loan period. Once an agreement is reached, the Kyoko platform acts as the executor and issues a smart contract with the user-customized criteria.
Not only is this a crucial gateway for gamers to easily — and cheaply — enter new P2E ecosystems by lending their unused in-game assets for crypto to borrow assets from other games, but it also allows traditional NFT holders to turn their illiquid NFTs into cold hard crypto cash.
Want to learn more about opportunities in P2P NFT lending? Read our article, here.
We told you we had some big announcements incoming. Today, DAO-to-DAO loans and P2P NFT lending. Next up? Cross-chain asset lending.
Are YOU ready? Get your ticket for the Kyoko revolution, dear Kyokoan, before it’s too late!
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.