Arkade — play & earn on Kadena
Arkade, an all-in-one NFT launchpad, marketplace, and play to earn gaming platform is seeing a surge in users recently as the Arkade token $ARKD will have its token sale (IDO) registration on KDLaunch on August 29th. The team behind Kadena Bulls has created Arkade as a way for users to easily create and trade non-fungible tokens (NFTs) as well as earn passive income by playing retro games like Tetris, Snake, and Pact-Man.
The Arkade token $ARKD will allow users to access the various features of the platform. The token sale (IDO) will take place on KDLaunch on August 29th, and there is a lot of interest in the project as it has been gaining traction in the Kadena community.
From the Arkade official whitepaper:
“Only 1 billion ARKD tokens will ever be created. The $ARKD tokens are intended to be allocated as follows:
- 35% (350,000,000) for in-game rewards within the Arkade
- 25% (250,000,000) for staking
- 20% (200,000,000) for IDO community sale (50% will be unlocked at TGE, 25% unlocked every 3 months for 6 months)
- 10% (100,000,000) for liquidity across exchanges (100% unlocked at TGE)
- 5% (50,000,000) for the team (33.3% unlocked annually from January 2023–2025)
- 3% (30,000,000) for partnerships and marketing (25% unlocked at TGE, 25% unlocked every 4 months for 12 months)
- 2% (20,000,000) for advisors (20% unlocked at TGE, 20% unlocked every 3 months for 12 months)”
Play-to-Earn games are becoming increasingly popular as they offer a way for users to earn cryptocurrency by having fun. Arkade is one of the first platforms to offer this type of gaming on Kadena, and it is sure to be a hit with gamers and KDA hodlers alike.
The “Super-Bull” game will be the first implementation of P2E on Arkade. It will feature Kadena Bull’s characters in a side-scrolling platform game and will offer a sense of nostalgia to the player sending them back to the 1990s and the earliest game consoles. Players can invest their time into the game and in turn get a fun experience and earn some $ARKD on the side.
But for those who are more in touch with their betting side, wagering will be coming alongside the $ARKD token and will enable crazy multipliers (with crazy risk) for the user in the form of Coin Flip or Roulette.
Now, what is the $ARKD token really useful for?
The $ARKD token will power all the accessories on the platform and games such as “Bull Character Accessories”, “Power Up Abilities”, “Achievement Badges”, and new characters to play as in the Arkade gaming ecosystem.
Registration for the $ARKD IDO opens on KDLaunch on August 29th and the public sale goes live on September 8th. To keep up to date with all things Arkade and Kadena Bulls, be sure to follow their Twitter account and join their Discord.