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13 Oct 2021

NFT Play-to-Earn Game Kawaii Islands Launches IDO

The Index Today

A recently launched NFT play-to-earn game called Kawaii Islands will be launching an Initial Decentralized Offering IDO through the Polkastart platform on Tuesday. The initial market cap stands at $800,000 with each $KWT being traded at $0.03 per token.

Kawaii Island’s community has so far raised $2.4 million through private sales of tokens from 28 leading investors. They have also acquired over $600,000 through 3 NFT sales events. Other key facts include:
- 10,000 active players daily
- Total trading volume over $1.2 million
- $320,000 players earnings in 10 days of Alpha game
Chief Executive Office of Kawaii Islands, Mr. Minh Do said, “We would like to express our deepest gratitude to all the supporters of the project. Since day one, we’ve been continually in the good graces of many wonderful investors, partners and our thriving community. We are really looking forward to the journey ahead and further developments of the Kawaii Islands project to provide the best NFT gaming experience for our community.”

Kawaii Islands, through private token sale for its anime plat-to-earn initiative raised $2.4 million. The project is gaining momentum and attracting potential investors including DFG, JSquare, Rikkei Capital, Polygon, Blockdream, KardiaChain and Chainboost.

In the previous launch of the Kawaii islands Alpha version, players can explore and customize the anime metaverse according to their preferences. Players can use their in-game achievements to buy assets in the game itself as well.

Clay pottery with table linens
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