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Priyanka Jadhav
Apr 5, 2022
by Priyanka Jadhav

KuCoin Launches NFT Platform KuCoin Initial Game Offering

KuCoin Initial Game Offering
KuCoin, a relatively young yet the largest cryptocurrency trading platform, will be launching its NFT platform, KuCoin Initial Game Offering (IGO) on April 8. In a blog post shared on the official website, KuCoin has introduced an interactive NFT launching platform designed for crypto and trading gaming as well.

The KuCoin IGO initiative is KuCoin’s first time in the space of Initial Game Offerings. 

What Is KuCoin IGO?

The objective of the cryptocurrency exchange is to expand in the field of blockchain gaming, metaverse, and Web3 environment. Therefore, KuCoin has begun to explore initial game offering through its new venture. 

KuCoin’s new platform will allow users worldwide to access non-fungible tokens through the game. Gamers, as well as NFT enthusiasts, are benefitted from the NFT platform that provides a simplified centralized procedure for trading NFT assets. 

Additionally, users of KuCoin IGO can access the play-to-earn card-battle game featuring NFT Pikaster, a GameFi project. The NFT designs innovative gameplays for popular games like Guild Battle, World Tres, Boss Challenge, and Expedition.

The Chief Executive Officer of KuCoin, Johnny Lyu stated how his interest grew in the NFT space. He said that when mega giants like Meta, Amazon, Tencent, and investors like Elon Musk have been investing their time and money towards NFT and Metaverse, he believes that there is potential in this field. He said,

“GameFi and NFT will be the most typical entrances to the metaverse, which is a major reason why KuCoin launched the IGO platform. We hope to empower the development of Web3.0 through KuCoin’s IGO, to dig more good GameFi projects and NFTs, and help the entire industry’s development.”

More About KuCoin

KuCoin was established in 2017 by a team of software, financial services, and blockchain technology experts. The exchange’s objective is to accelerate growth in this particular field. The company finds gamification and non-fungible tokens will be assigned in the future to play significant roles in the virtual world. 

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Cryptocurrency Exchange Blockchain Gaming Non-Fungible Tokens KuCoin Exchange NFT Metaverse Web3 GameFi Initial Game Offering (IGO) KuCoin IGO
KuCoin Launches NFT Platform KuCoin Initial Game Offering
Priyanka Jadhav
Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.