Kawaii Islands

About Kawaii Islands

{"time":1704988989000,"blocks":[{"data":{"level":6,"text":"Highlights"},"type":"header"},{"data":{"items":["Kawaii Islands is an anime-inspired play-to-earn game set on a magical floating island in the sky.","By gamifying DeFi mechanisms, Kawaii Islands created a new kind of mixed entertainment with low barriers to entry.","Kawaii Islands stands out through its unique graphic style and aims to create the first anime metaverse."],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Product"},"type":"header"},{"data":{"level":1,"text":"A fantasy play-to-earn universe with farming, crafting and designing."},"type":"header"},{"type":"paragraph","data":{"text":"As a novice merchant coming to Kawaii Islands, players build a home for themselves, learn how to farm and manage the magical resources. With hundreds of different clothing combinations and countless ways to freely decorate their mansions, users can show off to other islanders and engage with players in the upcoming social network.\r\nPlayers need tokens to execute several crafting and social activities and in turn are awarded $KWT for their effort."}},{"data":{"level":6,"text":"Problem"},"type":"header"},{"data":{"level":1,"text":"Blockchain games lack exquisite graphics and struggle with user retention."},"type":"header"},{"type":"paragraph","data":{"text":"Many games in the blockchain space are still very basic in terms of gameplay and graphics, thus failing to engage users over the long term. Moreover, demand for simulation-based games is increasing and has not been fully addressed in the crypto gaming market yet."}},{"data":{"level":6,"text":"Solution"},"type":"header"},{"data":{"level":1,"text":"Combining gaming with NFTs and DeFi features."},"type":"header"},{"type":"paragraph","data":{"text":"Kawaii Islands boasts high-quality gameplay with countless ways for users to interact not only with the environment but also with other players. Kawaii Islands NFTs open up a flexible world for users to customize their experience within its engaging fantasy world."}},{"data":{"level":6,"text":"Business Model"},"type":"header"},{"data":{"level":1,"text":"Generating revenue through NFT sales and marketplace fees."},"type":"header"},{"type":"paragraph","data":{"text":"Kawaii Islands has several mechanisms in place to generate sustainable revenue, such as in-game fees, NFT sales, and fees on marketplace transactions. The raised funds will be used for game development, marketing, advertising, market-making, and liquidity provision over the next 12 to 18 months."}},{"data":{"level":6,"text":"Market"},"type":"header"},{"data":{"level":1,"text":"Huge potential in the nascent crypto simulation gaming market"},"type":"header"},{"type":"paragraph","data":{"text":"Although there are a few competitors in the farming simulation genre such as CropBytes and Townstar, Kawaii Islands stands out through its unique anime style and gameplay. Kawaii Islands benefits from a loyal fan base that has already formed before its move to blockchain gaming and gave it a head start. Its future goal is to build a metaverse that will not stop as a singular NFT play-to-earn game, but that will connect high-quality games in the anime metaverse, where anyone can play, connect, create and earn in the process."}},{"data":{"level":6,"text":"Investors"},"type":"header"},{"data":{"level":1,"text":"Raised $2.4M in private rounds."},"type":"header"},{"type":"paragraph","data":{"text":"MapleBlock and Signum are the lead investors, while other notable investors include: Hyperchain, DFG, Jsquare, AU21, X21, Kyros, Rikkei Capital, SkyVision Capital, Chainboost, M6, Master Venture, and Polygon."}},{"data":{"level":6,"text":"Team"},"type":"header"},{"data":{"items":["Minh Do (CEO)","Thang Nguyen (CTO)","Chung Dao (Advisor)","Ha Khong (Lead BD)"],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Token Utility"},"type":"header"},{"data":{"level":1,"text":"$KWT: Kawaii Island’s native token"},"type":"header"},{"type":"paragraph","data":{"text":"The $KWT token is used as a utility token to pay for in-game fees and accrues shared protocol revenue. Token holders get rewards in $KWT for yield farming activities, liquidity provision, and staking. Players also can earn by delivering in-game orders or staying in the top 100 leaderboard and need to spend $KWT to craft or buy items. Additionally, through the governance process, holders can vote on changes in game policies."}}],"version":"2.27.2"}