Oct 16, 2021
ProjectX Announces Partnership with the NFT Gaming platform Kaby Arena.
ProjectX will be hosting Kaby Arena’s Pool DAO on the platform with the addition of Genesis In-Game NFTs from the Kaby Universe.
NY: ProjectX announces partnership with a well-renowned NFT game KABY ARENA.
Kaby Arena will be adding In-Game Genesis NFTs from their game to the KABY pool (DAO) on the ProjectX platform. Here, all users will be able to gain exposure to 10 packs of exclusive Genesis NFTs (in-game NFT asset). All of their NFTs will be split into three tiers (Platinum, Gold, and Silver), where all will be put into a special vault and fractionalized.
ProjectX will be releasing 100 million fungible BEP-20 tokens, which will be pegged to these 10 NFT packs within Kaby Arena’s vault. ProjectX will then be opening the presale for all early investors, allowing them to take advantage of their significant discount. Immediately following the pre-sale, tokens will then be listed on the secondary market exchanges (centralized & decentralized). When trading is fully opened to all other users, all token holders will be able to stake tokens, generate passive income, provide liquidity, and earn rewards.
John Slyusarev, CEO of ProjectX: “The NFT gaming segment is one of the best examples of NFTs, which is changing and improving Billion dollar markets. Personally, I’m a big fan of NFT games and have played in the vast majority of popular games myself. We all remember how Axie’s NFTs skyrocketed, and I believe Kaby will see a huge demand as well which will drive their NFTs’ value significantly. This is why our platform perfectly fits the gaming projects and their NFTs. Investors who want to get exposure to booming, fast-growing in-game NFTs, but cannot afford the entire NFT or don’t want to play the game itself, but only want to get some upside from the growing value, shouldn’t be buying actual NFTs now. They can simply buy their fractions by using our platform (DAO), and enjoy all of the upsides.”
Kaby Arena
is the first game to involve crypto fluctuations into gameplay. Since 2014, Kaby was initially developed by a successful gaming studio. This then helped the startup to develop 8 revenue-generating games, as well as joining the platform with an existing game roster of 1M+ monthly active players. Kaby Arena is a tactical multiplayer role-playing game, which combines free-to-play and play-to-earn modes in order to provide an open economy for every player. The p[lay-to-earn system coupled with the dynamic farming system & active market allows for every heroes’ item to be minted into a successful NFT. Gameplay involves the crypto market — which predicts the market fluctuations correctly to earn in-game advantages. Additionally, users can solve Blockchain & NFT game problems — enabling them to put their assets for rent with high credibility.
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About Us
ProjectX is a launchpad for NFT issuers, Celebrities, KOLs, and other key figures who would like to set up pools of NFTs and raise funds for it via a public sale (IDO style). Project X works to provide the most secure and simplified way to gain exposure to the NFT market with the use of pools and Indexes. The aim is to create different themed pools of NFTs which include Music, Digital Art, Sports Cards, and KOL issued NFTs to name a few. They have also signed partnerships with Polygon, Terra Virtua, LOCG, Glimpse and more than 10 other blockchain companies.
