Weekly Update 11/29–12/05
This update covers the period from Nov 29th — Dec 5th, 2021, and will discuss highlighting news and events that KAKA announced and launched.
Part One: Platformization Announcement
KAKA announced the platformization on Nov 29th. Platformization is a feature that KAKA is about to launch soon. KAKA has been working on completing the standardized interface for the card games and opening the standardized interface up for development teams and projects out there who wish to enter blockchain gaming. They just need to have their own IP and artwork. The small economic model can be easily transformed to publish their own blockchain games on KAKA NFT using KAKA’s game rules.
Part Two: KAKA Governance Vault Officially Launched
This is a full-new feature since $KAKA is listed. You can consider it as $KAKA savings. Holders can stake a minimum 10 $KAKA into the KAKA Governance Vault and KAKA platform will issue daily interest to the holders who have stake their $KAKA in the lock-up governance according to the lock-up period and deposition amount. The highest annualized rate of return can reach 100%.
Currently the KAKA governance vault is divided into three levels, with annualized rate of return of 40%, 60% and 100%.
For 30 days lock-up period the annualized rate of return is 40%.
For 90 days lock-up period, the annualized rate of return is 60%.
For 365 days lock-up period, the annualized rate of return is 100%.
All $KAKA earnings in the Governance Vault are settled on a daily basis, and users can withdraw them from KAKA website to receive $KAKA interest until the end of the lock-up period. The maximum interest earnings for the whole community is 500,000 $KAKA. The Governance Vault is valid until the Remaining Rewards is 0.
Part Three: Prizes of Santa KA-Laus Event are Ramping up.
On Dec 3rd, KAKA announced that this event has been upgraded and more values will be added to the prize. KAKA invites the public to join the event and provide the community with more prizes.
Santa KA-Laus is Coming to Town is a generous event that KAKA officials prepared for all KAKArians to celebrate the incoming of Christmas. Each $KAKA holder needs to stake only 2 $KAKA tokens and get a chance to win not only a Medusa NFT which is worth 100,000 $KAKA, but also a mysterious gift that will be announced by KAKA Official in the future. There will be only one winner who wins the reward. There are over 12K KAKArians staked on it so far. The winner will be announced on the day of Christmas, December 25th.
Part Four: Metaverse Key Upgrading Re-Launch
Due to the system upgrading, KAKA postponed the launch time. 10 KAKA Rabbits were released on Nov 30th as upgraded Metaverse Keys.
On the 18th of each month, KAKA Official will release 10 KAKA Rabbits for KAKA Metaverse Key Holders to upgrade their keys and unlock more privileges. There are limited KAKA Rabbits, first come first serve.
Part Five: CoinMarketCap Airdrop Winners has been announced
Due to the large number of participants in the airdrop event on CoinMarketCap. With over 160K winners, it took time for KAKA to filter data and select qualified winners. KAKA announced the winner list on Dec 2nd. Check the airdrop lucky winner list and see if your address is on the list.
Part Six: KAKA Rabbits ETF Debut
The first round of 10 KAKA Rabbit EFT NFTs were released on Binance NFT marketplace, and they were sold out shortly after the release. The issue price for each KAKA Rabbit is 1,500 BUSD. The 10 NFTs share a capital pool worth 10,000 USDT.
The capital pool includes: BTCB, ETH, WBNB, ADA, DOT, KAKA.
About KAKA ETF Fund
Holding index funds is one of the safest ways to spread risk exposure. The purpose of this product is to track the index composed of cryptocurrencies with the top 5 market values. At present, the maximum supply of this product is 10 copies, each representing 10% of the share in the index fund pool, which is confirmed by 10 different Kaka Rabbit ETF NFTs. The holder redeems the corresponding shares in the fund at any time by destroying Kaka Rabbit ETF NFT.
About KAKA NFT World
KAKA NFT WORLD is a competitive gaming ecosystem platform focusing on the metaverse blockchain gaming sector. It is committed to combining the application of NFT+DEFI in the ecosystem, constructing a cross-chain bridge based on the concept of global decentralization, integrating various IPs of global brands, and creating Decentralized Autonomous Management (DAO). It aims to create a prediction agreement perpendicular to the e-sports prediction market, and an open, transparent, decentralized, and complete project for the ecosystem. The main sectors are divided into the two following categories: providing services such as R&D, sales, trading, circulation, e-sports, and trendy games for game and art NFTs; focusing on the prediction market in the field of e-sports (Prediction Market).