About Kyoko Ico
Kyoko Ico is a DAO-to-DAO credit provider, P2P NFT lending platform, and cross-chain GameFi NFT lending market for guilds and players. They offers a one-stop platform that provides liquidity to the Web3 and GameFi industries. Through its DAO-to-DAO lending, They provides DAOs and Guilds with the liquidity they require to maintain operations while also allowing them to stake their onhand resources as collateral for larger credit loans. They also bridges high-potential DAOs and Guilds with the industry connections and resources they need to grow.
| ICO | DETAILS |
|---|---|
| Company Name | Kyoko Ico |
| Token Symbol | KYOKO |
| Ico price | $0.100000 |
| Fundraising Goal | $3,000,000 |
| Raising | N/A |
| Token For Sale | 30,000,000 KYOKO |
| Access | Public |
| Social Support | Yes |
| Website | Homepage |
Who Is Kyoko?
Kyoko Finance provides solutions: Industry financing and connectivity through one single convenient platform. This is a DAO-to-DAO credit provider, P2P NFT lending platform, and cross-chain GameFi NFT lending market for guilds and players.
Kyoko offers a one-stop platform that provides liquidity to the Web3 and GameFi industries. Through its DAO-to-DAO lending, They provides DAOs and Guilds with the liquidity they require to maintain operations while also allowing them to stake their onhand resources as collateral for larger credit loans. They also bridges high-potential DAOs and Guilds with the industry connections and resources they need to grow.
Meanwhile, Kyoko Ico P2P NFT lending platform and cross-chain asset lending market brings liquidity to the traditionally illiquid NFT market and lowers the cost of entry into popular P2E titles by bridging gaming blockchains through a single marketplace for Guilds, investors, and players to bring their game to the next level.
First there was Bitcoin; then there was Ethereum. DeFi came next and NFTs followed. Now, it’s the era of GameFi – the culmination of all that came before it. Amid all the challenges that still remain to be solved in this emerging market, Kyoko will be here – keeping play-to-earn accessible and profitable to all.
P2P NFT Lending
Bringing liquidity to an illiquid NFT market
Kyoko Ico P2P lending model is a protocol that aims to release liquidity for NFTs. Some users with NFTs on-hand may have funding needs, and they can provide their NFTs as collateral to P2P protocol in order to borrow funds. Kyoko’s P2P lending platform matches lenders and borrowers to release liquidity for NFTs.
Users with NFTs on hand that have funding needs can provide their NFTs as collateral on P2P lending protocol to borrow funds. The platform allows users to customize the loan amount, interest rate, and loan period. Once an agreement is reached, the Kyoko platform acts as the executor and issues a smart contract with the user-customized criteria.
Get To Know P2P NFT Lending: Example #1
For example, Alex has one Bored Ape Yacht Club, currently worth about 100 ETH. Alex needs funds right now, but he doesn’t want to sell the Bored Ape Yacht Club right away, because he believes the future value of the Ape will be higher.
Alex can place an order on the P2P platform, collateralize the Bored Ape Yacht Club, and then borrow 60 ETH for a period of one week at an interest rate of 12%. Let’s say another user Bob has spare money and thinks that the interest rates seem attractive, and he also expects that the price of Bored Ape Yacht Club will not fall below 60 ETH in the short term.
Therefore, Bob accepts the order and lends 60 ETH to Alex. Alex pays back 60 ETH plus interest a week later, and then he takes back the Ape. Bob receives the funds and interest. If Alex fails to pay the money back after a week, the system will directly transfer the Bored Ape Yacht Club to Bob.
Token distribution
The total token supply is 1,000,000,000 KYOKO tokens to be minted with no possibility for additional future issuances. The tokens will be distributed in the Token Generation Event (TGE) according to the following ratios and allocation groups within the DAO:
- SEED – the investors that participated in Kyoko’s seed round – 5% (50,000,000 KYOKO tokens)
- PRIVATE – the investors that participated in Kyoko’s private funding round – 10% (100,000,000 KYOKO tokens)
- STRATEGIC – the investors that participated in Kyoko’s strategic round – 6% (60,000,000 KYOKO tokens)
- TEAM – an incentive for core team members for their full-time contribution to our protocol’s success – 17.7% (177,000,000 KYOKO tokens)
- MARKETING -a dedicated pool to expand the community and influence of the Kyoko project – 6% (60,000,000 KYOKO tokens)
- DAO TREASURY -a dedicated position in the entire DAO’s treasury will be filled by KYOKO – 6% (60,000,000 KYOKO tokens)
- STAKING REWARDS – an incentive for providing liquidity on decentralized exchanges – 10% (100,000,000 KYOKO tokens)
- MINING – an incentive for users that participate in our protocol – 32% (320,000,000 KYOKO tokens)
Security and auditing
Kyoko takes a security-first approach to protect users from security vulnerabilities and other incidents. The team is determined to achieve maximum security for all stakeholders of the Kyoko.Finance ecosystem. They aim to be fully transparent in our actions, while we partner with some of the top audit agencies to audit all Kyoko public contracts and maintain rigorous industry standards. Audit reports will be published shortly. For additional security, activity that impacts the Kyoko DAO will be subject to multi-sig signings.
- ADVISORS – an incentive for the current and future advisors for their contribution to our protocol’s success – 4% (40,000,000 KYOKO tokens)
- PUBLIC SALE – a pool of tokens reserved for public sale – 3.3% (33,000,000 KYOKO tokens)
