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Kaby Gaming Token


12/9/2022, 12:19:40 AM

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Kaby Gaming Token is on the decline this week.

The price of Kaby Gaming Token has fallen by 7.74% in the past 7 days. The price increased by 0.07% in the last 24 hours. In just the past hour, the price grew by 0.09%. The current price is $0.000414 per KGT. Kaby Gaming Token is 99.84% below the all time high of $0.26.

The current circulating supply is 0 KGT.


What Is Kaby Gaming Token (KGT)?

Kaby Gaming Token (KGT) refers to the in-game cryptocurrency tokens distributed among players engaged in the Kaby Arena game. Kaby Arena is a multiplayer game that aims to combine a play-to-earn model and gameplay that charges players nothing.

As the website mentions, Kaby Arena is a strategy-driven gameplay that seeks to utilize the variations present in the crypto market. It describes Kaby Arena as a revenue-generating game that aims to familiarize players with the aspects of NFTs and cryptocurrency markets in a fun and interesting style. Also, Kaby Arena features ‘Crypto War,’ a unique mechanism that seeks to reward players with good incentives for researching and predicting fluctuations in the market by themselves. 

Meanwhile, an issue prevailing in NFT games is the lower count of players. For instance, players need to purchase several NFTs before kick-starting the game, swaying off players and encouraging users to participate as speculators instead. However, Kaby Arena aims to employ a play-without-cost model allowing users to start playing the games right away, utilizing non-NFT heroes.

Additionally, the more the player engages in the gameplay, the more they gather armors, loot-boxes, and materials. Since Kaby Arena aims to feature a play-to-earn model, the game enables players to mint the acquired heroes, materials, and armors using the Kaby Gaming Token (KGT). Minting is the procedure of creating new blocks in the blockchain to store information and verify all details securely. Also, the game encourages players to rent the unique NFT heroes and trade the assets for higher earnings.

KGT is the utility token of Kaby Arena. KGT is an ERC-20 token, seeking to allow players to switch the acquired resources for in-game advantages. The game seeks to encourage players to stake the tokens and gather better yields and more earnings. Further, players can conduct PvP (player vs. player) battles to seek to win additional token rewards. Kaby Arena is designed using inspiration from turn-based RPG games like Final Fantasy, Summoners Wars, and more.

History of Kaby Gaming Token (KGT)

The CEO of Kaby Gaming Token (KGT) is Nhan Bui. Bui is a former IT lead and a professional with ten years of extensive experience in virtual collectible trading competitive gaming. Presently, the maximum total supply of Kaby Gaming Token (KGT) is 1,000,000,000 tokens. 

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What is the current price of Kaby Gaming Token?

The price of 1 Kaby Gaming Token currently costs $0.000414.

What is the market cap of Kaby Gaming Token?

The current market cap of Kaby Gaming Token is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Kaby Gaming Token?

The all-time high of Kaby Gaming Token is $0.26. This all-time high is highest price paid for Kaby Gaming Token since it was launched.

What is the 24 hour trading volume of Kaby Gaming Token?

Over the last 24 hours, the trading volume of Kaby Gaming Token is $17.04.

What other assets are similar to Kaby Gaming Token?

Assets that have a similar market cap to Kaby Gaming Token include Betero, CARD.STARTER, Decentral Games Governance (xDG), and many others. To see a full list, see our comparable market cap assets.

How many Kaby Gaming Token are there?

The current circulating supply of Kaby Gaming Token is 0.