April’s 2nd Week ICOs: PTC and KOBAN

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April's 2nd Week ICOs: PTC and KOBAN

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Table of Contents

  • PTC from Polyverse – GameFi platform with PvE and cross-chain NFT economy
  • KOBAN by Lucky Kat – utility token for Takibi Protocol and Web3 gaming on Sui
  • April’s 2nd week ICOs bring us PTC from Polyverse, and KOBAN from Lucky Kat

April’s 2nd week ICOs bring us PTC from Polyverse, and KOBAN from Lucky Kat. Let’s check them closer.

PTC From Polyverse GameFi Platform

Polyverse is a GameFi platform focused on browser-based gameplay with Web3 and NFT integration. Mechanics include a training mode, defending a base against waves of enemies, collecting in-game resources, and monetizing achievements through in-game currency convertible into tokens. Players can also earn tokens for active participation and complete seasons with a competitive element. The project utilizes a Stake-to-Play model and multi-chain architecture.

Polyverse is holding an IDO of its PTC token on April 15 on the Huostarter platform, on the Ethereum blockchain. The starting price is $0.0009, and the target is $150,000. The round will distribute 166.67 million PTC (0.33% of the total supply). Distribution: 20% on TGE, while the rest is 6 months of linear vesting with no cliff.

Lucky Kat’s KOBAN is an in-game currency for Takibi Protocol and Web3 gaming on Sui

Lucky Kat is an award-winning game studio from the Netherlands with over 250 million downloads. The team is now building a Web3 infrastructure on the Sui blockchain and launching Takibi Protocol, a cross-gaming platform that connects decentralized gaming products into a single ecosystem. The KOBAN token becomes the centerpiece of this protocol: it is already integrated into PanzerDogs and will be in future releases. Its functionality covers utility roles within games, staking, rewards, and platform economy through the Lucky Kat Utility Hub.

KOBAN will take place April 16-21 on the DAO Maker platform. The round target is $400,000, the token is priced at $0.0198, and 20.2 million KOBAN (0.8% of the total) will be in circulation. Distribution: 30% on TGE, 1 month lockup, then linear unlocking over 3 months. Blockchain: Sui.

Conclusion

A continuation of the ICO from the rather interesting Polyverse, which, on the one hand, doesn’t offer anything groundbreaking, but could still be of interest to GameFi fans.

Also, even more interesting, in my opinion, is a KOBAN ICO for tokenizing game mechanics on one of the fastest blockchains Sui, which is gaining increasing infrastructural relevance and this seems to be a rather promising application of it.

Let’s carefully observe what progress the projects are making. Stay tuned for updates, and be adaptive in the rapidly evolving technology, blockchain, and crypto landscape.

Disclaimer: The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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Alexandros

My name is Alexandros, and I am a staunch advocate of Web3 principles and technologies. I'm happy to contribute to educating people about what's happening in the crypto industry, especially the developments in blockchain technology that make it all possible, and how it affects global politics and regulation.

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