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CyberKongz is making waves with its strategic move to the Ronin blockchain and launching the captivating Genkai NFT collection. Let’s take a closer look!
TL;DR
Exciting news is on the horizon as CyberKongz, a leading NFT franchise, makes a significant move in the blockchain gaming world. The franchise is all set to transfer its Play and Kollect NFT game from the Polygon network to the Ronin blockchain, developed by Sky Mavis, the creator of Axie Infinity. CyberKongz is launching Genkai, an anime-inspired NFT collection as part of this strategic shift. This week, the collection will be available on both Ronin and the Ethereum mainnet.
The Genkai collection boasts a total of 20,000 NFTs, out of which 16,000 will be minted on the Ethereum mainnet, and the remaining 4,000 will reside on Ronin. Ethereum NFT holders will also have the option to migrate their Genkai NFTs to Ronin at a later date.
The public mint on Ethereum begins on July 27, with a price tag of 0.25 ETH (approximately $460) per Genkai NFT. Moreover, Mystic Axie NFT holders will receive a complimentary Genkai NFT as a reward from Sky Mavis. For existing CyberKongz holders, there’s even more good news in store. Once the collection is sold out, they can expect to receive a Genkai airdrop, which will be subject to a vesting period of 180 days.
CyberKongz has undoubtedly become a significant player in the NFT market. They have an impressive total trading volume of $210 million across four of their collections. The decision to move the CyberKongz NFT minting game, Play and Kollect, from Polygon to Ronin reflects the franchise’s commitment to exploring new opportunities. Additionally, the introduction of Genkai marks a thrilling expansion for the franchise. The availability of both Ronin and the Ethereum mainnet indicates its dedication to accessibility and inclusivity.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.