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.
