• IDO Launches Kawaii Islands NFT Play-to-Earn Game

  • On October 12, 2021, at exactly 13:00 UTC, Kawaii Islands (KWT) will launch its initial decentralized offering (IDO) on Polkastarter. The event will also take place on PancakeSwap’s TGE on the same day at 14:00 UTC. Kawaii Islands is hoping to raise $250,000 through the IDO.

    The IDO for the Kawaii Islands has gone live.

    Kawaii Islands, a non-fungible token (NFT) play-to-earn game with a market cap of $800,000 and counting, has decided to open its ecosystem to the masses via an IDO on Polkastarter and TGE, just one month after going live.

    Kawaii Islands has reached several significant milestones since its September 2021 launch, including a $2.4 million private token sale from top investors, three successful NFT sale events with more than $600,000 in revenue, 10,000 daily active players, more than $1.2 million in total trading volume, and more than $320k in total player earnings within 10 days of its Alpha version launch.

    Not only that, but Kawaii Islands has risen to seventh place on the Binance Smart Chain top decentralized applications leaderboard.

    At the time of writing, Kawaii Island’s KWT token was trading around $0.03, and the team hopes to raise another $250,000 from the IDO to further develop its rapidly evolving ecosystem.

    According to Mr. Minh Do, CEO of Kawaii Islands and IMBA Studio:

    “We would like to express our heartfelt gratitude to all of the project’s supporters.” We’ve been in the good graces of many wonderful investors, partners, and our thriving community since day one. We are very excited about the journey ahead and the future developments of the Kawaii Islands project in order to provide the best NFT gaming experience for our community.”

    More Interesting Kawaii Statistics

    According to the team, the KWT private token, which was led by MapleBlock and Signum, also attracted several other notable investors, including Polygon, OKEx Blockdream Ventures, KardiaChain, DFG, JSquare, AU21, Rikkei Capital, SL2, Chainboost, and Polkastarter.

    For those who are unfamiliar, the Kawaii Islands anime metaverse is intended to unleash players’ full creativity by allowing them to craft, decorate, and manage their own Web 3.0 economy while earning real money in the form of KWT.

    In recent weeks, the Kawaii Islands community has experienced rapid growth. According to the project, it now has over 33,800 Telegram users, 38,400 Twitter followers, 26,400 Discord users, 11k Facebook likes, and over 500k weekly website visits.

    The Kawaii Islands roadmap envisions a future in which players will be able to farm NFTs, stake KWT, launch on-chain businesses, participate in seasonal events, and more.

    “Kawaii Islands creates a fantasy cloud universe for players to experience a wide range of simulation gaming, including designing, building, crafting, farming, and social networking.” Kawaii Islands will bring players a new dimension of mixed entertainment and earnings by gamifying several DeFi mechanisms,” the team added.

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