Advertisement
AD

Main navigation

Advertisement

Kawaii Islands Raise $2.4 Million to Release Anime NFT Metaverse

Advertisement
Sat, 25/09/2021 - 14:20
A
A
A
Kawaii Islands Raise $2.4 Million to Release Anime NFT Metaverse
Cover image via stock.adobe.com
Read U.TODAY on
Google News
Advertisement

Kawaii Islands is a novel "Play-to-Earn" ecosystem built around its core native asset, KWT. Its team shares the details of a recent private token sale.

$2.4 million raised by Kawaii Islands from top VCs

According to a press release shared with U.Today, GameFi environment Kawaii Islands completed a private funding round.

A total of $2,400,000 were raised from a clutch of high-profile venture funds, including DFG, JSquare, AU21, Rikkei Capital, SL2, Chainboost, Polygon,OKEx Blockdream Ventures, KardiaChain, Polkastarter and so on.

Advertisement

The round was led by MapleBlock Capital and Signum. Vijay Garg, CEO of Mapleblock Capital, stressed that investors were impressed by the project's vision and the expertise of its team:

Kawaii Islands has strong design elements and fun mechanics that were inherited from its predecessor game series. The AI-powered verification of on-chain game NFTs, will unlock a deeper layer of engagement compared to traditional gaming.

The alpha version of Kawaii Island will be released as soon as this month. The inaugural releases will boast basic in-gaming functionality so that GameFi enthusiasts will be able to stress test their strategies.

NFT gaming, KWT staking to be available soon

Kawaii Islands is among the first anime-themed "Play-to-Earn" metaverses that merge on-chain and off-chain activities.
In this game, players can raise magical resources and earn from various in-game economic concepts.

Related

Also, players can interact amongst themselves; it enriches the gaming experience with an extra layer of entertainment and competitiveness.

As per the product's roadmap, upcoming milestones for Kawaii Islands will include NFT farming and staking of in-game tokenized asset KWT.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD