Tuesday, October 3, 2023
NEVERFOMOAGAIN
en English▼
X
ar Arabicen Englishfr Frenchde Germanpt Portugueseru Russianes Spanish
  • PASSIVE INCOME
    • How to Earn Cryptocurrencies for free ?
    • Play Games & apps to earn
  • Reviews
  • BLOCKCHAIN ACADEMY
  • TOP 10
  • News
No Result
View All Result
NEVERFOMOAGAIN
NEVERFOMOAGAIN
en English▼
X
ar Arabicen Englishfr Frenchde Germanpt Portugueseru Russianes Spanish
Home CryptoCurrency News

CyberKongz to Mint Genkai NFTs on Ronin, Migrate Game to ‘Axie’ Chain

Kate Irwin by Kate Irwin
July 25, 2023
in CryptoCurrency News
Reading Time: 5 mins read
0
CyberKongz to Mint Genkai NFTs on Ronin, Migrate Game to 'Axie' Chain
74
SHARES
1.2k
VIEWS
Share on FacebookShare on TwitterShare on Reddit



CyberKongz has grown into a significant NFT franchise, with $210 million in total volume traded across just the largest of its four collections. Now, the creators plan to migrate the CyberKongz NFT minting game, called Play and Kollect, from one Ethereum sidechain to another—from Polygon to Ronin, the network created by Axie Infinity developer Sky Mavis.

The Kongz team is also launching Genkai, a new anime-inspired NFT collection, across both Ronin and the Ethereum mainnet this week—with plans for a second game on the horizon. A Sky Mavis representative confirmed to Decrypt that there is no “concrete timeline yet” for the planned migration from Polygon to Ronin.

“Genkai is the first non-pixel artwork I have created for CyberKongz, and will represent our growth as a project to expand our IP into the Southeast Asian and Japanese markets,” said pseudonymous CyberKongz founder and artist Myoo in a statement. “Additionally, CyberKongz will be working with Ronin to develop a game featuring Genkai.”

Existing holders will receive their Genkai airdrop after sell-out.

These airdrops will be vested for 180 days, with the option to unlock prior to the vesting end date if you pay an unlock fee.

[6/8] pic.twitter.com/dFuUqjDYBI

— CyberKongz (@CyberKongz) July 20, 2023

Because Ronin is currently a private (or permissioned) blockchain, the Genkai mint is the first non-Axie Infinity NFT drop to occur via the blockchain. The move comes just months after Sky Mavis announced that it is working with four game studios, including the makers of The Machines Arena, to build out Ronin’s gaming ecosystem. 

“CyberKongz is, we believe, one of the greatest IPs in Web3,” Sky Mavis Director of Business Development Kathleen Osgood told Decrypt in an interview. She added that Sky Mavis works closely with every gaming partner it brings onto the Ronin network.

But why did the creators of the pixelated apes choose Axie’s chain?

There’s always been a community connection between Axie fans and CyberKongz holders, a pseudonymous Kongz council member known as Henry the Grape told Decrypt in an interview.

“We were really born out of the Axie community,” Henry said. “So when the opportunity came with Ronin to be able to continue building our ecosystem on Ronin, it was kind of a no-brainer.”

The Genkai mint will span 20,000 total NFTs, with 16,000 to be minted on the Ethereum mainnet and 4,000 on Ronin. Ultimately, the Ethereum NFT holders will have the option to migrate their Genkai NFTs to Ronin in the future, if they choose. The Ethereum public mint will be priced at 0.25 ETH (about $460) per Genkai NFT, starting July 27.

You might also like

Bankrupt Crypto Lender Celsius Eyes Creditor Payback by Year End

Solana Extends Investment Streak to 27 Weeks of Inflows: CoinShares

Three Reasons SBF Will Be Convicted: Former SEC Lawyer

Furthermore, as part of the collaboration with Sky Mavis, the Axie Infinity creator will reward all Mystic Axie NFT holders with a free Genkai NFT.

When asked about the Kongz’ future plans, Henry said that an animated series and comic books are also a part of the vision, but didn’t want to share too much just yet.

“One of the things we’ve realized in Web3 is when we say too much in the beginning, people either tend to lose interest or they start to judge you by that,” Henry added. “And a lot can change.”

Stay on top of crypto news, get daily updates in your inbox.





Source link

Share30Tweet19Share
Kate Irwin

Kate Irwin

Recommended For You

Bankrupt Crypto Lender Celsius Eyes Creditor Payback by Year End

by Andrew Asmakov
October 3, 2023
0
Bankrupt Crypto Lender Celsius Eyes Creditor Payback by Year End

Celsius Network, the insolvent crypto lending company, is seeking court approval to begin making payments to its customers by the end of the year, the firm’s legal counsel...

Read more

Solana Extends Investment Streak to 27 Weeks of Inflows: CoinShares

by Pedro Solimano
October 3, 2023
0
Solana Extends Investment Streak to 27 Weeks of Inflows: CoinShares

Institutions love Solana, according to CoinShares’ latest crypto fund report, even when the rest of the crypto space is flat.“Very little activity was seen in the altcoin space,”...

Read more

Three Reasons SBF Will Be Convicted: Former SEC Lawyer

by Andrew Throuvalas
October 3, 2023
0
FTX Sues to Reclaim $700M Bankman-Fried Allegedly Spent on Celebrity Connections

Former SEC attorney John Reed Stark took to social media on Monday with an in-depth forecast of how Sam Bankman-Fried's criminal trial is likely to play out. The...

Read more

Tom Hanks and Zelda Williams Warn Fans of AI-Generated Deepfakes

by Jason Nelson
October 2, 2023
0
Tom Hanks and Zelda Williams Warn Fans of AI-Generated Deepfakes

Legendary actor Tom Hanks and Zelda Williams, daughter of the late Robin Williams, joined the chorus of voices sounding the alarm about the proliferation of AI deepfakes. Hanks...

Read more

Crowdfunding Site BackerKit Bans AI-Generated Imagery from Campaigns

by Jason Nelson
October 2, 2023
0
Crowdfunding Site BackerKit Bans AI-Generated Imagery from Campaigns

BackerKit has joined the growing list of platforms prohibiting the use of AI-generated content, announcing on Monday that it would ban campaigns that used generative AI to create...

Read more
Next Post
'Big Respect Between Ethereum and Cosmos Developer Communities': dYdX Foundation CEO

'Big Respect Between Ethereum and Cosmos Developer Communities': dYdX Foundation CEO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

seventeen − one =

Support Us.

Donate

  • Donate withMetaMask
  • Donate With MetaMask

  • Donate withNano
  • Donate Nano

    Scan to Donate Nano to nano_38oxm7kwnysjeyz1mdcp9d5rrq55wyox3gm9ejeed3uhdieurwe4r3k39ntt

Cloud

#Avoid Crypto Scam #Banano #BAT #Bitcoin #Brave Browser #Coinbase #Coinbase Earn #CoinMarketCap #CoinMarketCap Earn #Counter-Strike: Global Offensive #Crypto App #Cryptocurrency Faucet #Cryptocurrency glossary #Cryptocurrency scam #Crypto redflags #CryptoRoyale #Crypto scam #Cryptos Wallet #Do Your Own Research #DYOR #DYOR Checklist #Earn Cryptocurrencies #Earning while browsing #Earn NFT #Folding@Home #Free cryptocurrencies #Free NFT #Hi Dollar #Just cause 2 #Learn Crypto #LIKE #Low-cap cryptocurrencies #NANO #NFT #PERP #Play to earn #PRE #Princeton University #Redflags #Review #ROY #Top 10 #URUS #xMOON #XMS
NEVERFOMOAGAIN

© 2021 By NEVERFOMOAGAIN - All rights reserved.

Navigate Site

  • Best Play to Earn Crypto games and Apps
  • Contact Us
  • Content licensing
  • Cryptocurrency News
  • Cryptocurrency Rankings
  • Home
  • How to Earn Cryptocurrencies for free ?
  • How to Learn about Crypto and Blockchain ?
  • Legal Information.
  • Privacy policy
  • Reviews
  • Terms & Conditions

Follow Us

No Result
View All Result
  • PASSIVE INCOME
    • How to Earn Cryptocurrencies for free ?
    • Play Games & apps to earn
  • Reviews
  • BLOCKCHAIN ACADEMY
  • TOP 10
  • News

© 2021 By NEVERFOMOAGAIN - All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version