KuCoin, the world’s leading cryptocurrency exchange, has launched its NFT launch platform, KuCoin IGO. Pikaster is the first project to debut on the platform, with the initial sale beginning at 12:00 UTC on April 11.
Fueling growth in gaming, the metaverse, and Web3
Aligning with its goal to support the expansion of blockchain-based gaming, the metaverse, and Web3 ecosystems, KuCoin emphasizes gamification and NFTs as central elements of future virtual worlds. The company is now moving into initial game offerings to provide creators and players with new ways to access and monetize digital assets.
Exclusive access to in-game resources
KuCoin IGO will offer global exchange users exclusive access to in-game NFTs, allowing them to purchase, withdraw, and invest in NFTs through a streamlined process. Users will be able to manage their NFTs directly on the exchange, creating an integrated solution that serves both newcomers and experienced NFT enthusiasts.
Creators and game developers will be able to launch items using multiple formats, including auctions, fixed-price sales, and mystery boxes, providing flexible distribution options for diverse project needs.
KuCoin CEO Johnny Lyu commented:
The metaverse is one of today’s most exciting topics and represents a new way of life in the near future. With major companies such as Meta, Amazon, and Tencent, along with investors like Elon Musk, investing heavily in the metaverse—bringing money, talent, and technology—this is destined to be a historic trend that delivers truly unique experiences. GameFi and NFTs will be among the primary entry points into the metaverse, which is one of the main reasons KuCoin launched the IGO platform. We hope KuCoin IGO will foster Web3.0 development by uncovering more strong GameFi and NFT projects and supporting the growth of the entire industry.
Pikaster adopts a three-token economic model
Pikaster, the first confirmed project on KuCoin IGO, positions itself as a Truly-Play & Truly-Earn GameFi title. Players receive financial incentives and gain access to innovative product features designed to deliver a high-quality gaming experience.
The game also includes an in-game wallet, a profit-sharing system, and multiple gameplay modes. Pikaster runs on the KuCoin community blockchain, and KuCoin made a strategic investment in Pikaster through KuCoin Ventures in March.
Pikaster CMO Luffy said:
KuCoin has always been a company with big ambitions and a keen eye on future developments. At the same time, KuCoin places great importance on community value and user value, which aligns closely with our philosophy. Pikaster aims to bring meaningful change to the industry both in terms of gameplay and in generating sustainable revenue streams. That is why we describe ourselves as “Truly-Play & Truly-Earn.”