Kyoko Platform has Arrived!
Kyoko is thrilled to announce that its platform, the world’s FIRST cross-chain asset lending platform has arrived!
Here’s what you need to know:
- Kyoko’s cross-chain asset lending platform launched on October 19, 2022 at 12:00 UTC.
- Kyoko’s cross-chain asset lending platform: https://ccal.kyoko.finance/.
- Cross-chain asset lending documentation: https://bit.ly/3yRdVjb.
- The initial batch of P2E games whitelisted for CCAL is listed below. Drop us a message for any other P2E games that you’d like to see added.
- Their cross-chain asset lending platform testnet event has officially concluded.
About Kyoko’s Cross-Chain Asset Lending Platform
Kyoko is a DAO-to-DAO credit provider, P2P NFT lending platform, and cross-chain GameFi NFT lending market for guilds and players.
Kyoko offers a one-stop platform that provides liquidity to the Web3 and GameFi industries. Through its DAO-to-DAO lending, Kyoko provides DAOs and Guilds with the liquidity they require to maintain operations while also allowing them to stake their onhand resources as collateral for larger credit loans. Kyoko also bridges high-potential DAOs and Guilds with the industry connections and resources they need to grow.
Earn BIG at a fraction of the cost
Guilds and players need a solution to maximize the utility of their idle in-game assets while also having the ability to borrow new game assets and earn more income. Kyoko’s cross-chain asset lending platform (“CCAL”) allows lenders to list game assets across different blockchains on a single platform, while guilds and players can borrow their desired NFTs to enter new games at a fraction of the cost.
Lenders can list their in-game assets, customize cash deposits, lending rates, and lending period. Borrowers can use the Kyoko cross-chain asset lending platform to find and rent the in-game assets they desire. Once the lender and borrower reach an agreement, the Kyoko platform will automatically execute the transaction and carry out the exchange.
With Kyoko’s cross-chain asset lending platform, guilds and players can monetize their unused in-game assets, while newcomers can play games and earn income more easily than what’s currently possible.
Your favorite games are already waiting for you
Due to the complexities of cross-chain transaction contracts, the Kyoko dev team has decided to be conservative as they get their CCAL platform off the ground and limit the GameFi asset listings to an approved whitelist of P2E gaming titles.
The initial batch of whitelisted games was selected by the Kyoko community, partners, investors, and team. They’ll be adding to this list regularly as their Kyoko community suggests new P2E titles, their list of partners grows, and new games are released.
Initial batch of whitelisted games:
Ethereum
- The Sandbox, SIDUS HEROES, Voxies, DinoX, Splinterlands
BSC
- CryptoBlades, Monster Saga, Tap Fantasy, Cryptopolis
Polygon
- The Sandbox, Decentral Games
Batch 2 of whitelisted games (coming soon):
Ethereum
- Avarik Saga, Decentraland, Illuvium, League of Kingdoms, Cryptovoxels, Somnium Space, CryptoKitties, Gods Unchained, Polychain Monsters
BSC
- X World Games, MetaWars, Era7: Game of Truth, Tiny World, CryptoBlades, DeHero, APEmove, Frontera
Polygon
- CryptoChefs, LoserChick, Arc8 by GAMEE, MetaSoccer, Sunflower Land
Avalanche
- Pizza Game, Crabada, Owloper, Avaxtars
Fantom
- Tank Wars Zone, MangaMon
About Kyoko
Kyoko 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.
SOURCE: MEDIUM
