Kyoko Pawns NFTs Offer New Loan-to-Earn Model

Kyoko Pawns NFTs Offer New Loan-to-Earn Model
  • Kyoko Pawns NFTs provide a new model of loan-to-earn to owners.
  • The project guarantees a return of initial investment purchase after 1 year.
  • Other benefits include a reward pool of 2M Kyoko tokens and airdrops from other projects.

Kyoko Pawns, an innovative NFT collection by Kyoko Finance, announced its unique model of investing in its NFTs called “loan-to-earn.”

As the play-to-earn industry and metaverse continue to grow, new players seek low entry cost into the various emerging games. Some players join guilds to lower their entry cost while others are waiting for an affordable project to come out. 

Kyoko aims to solve this by offering three solutions: DAO-to-DAO lending, peer-to-peer NFT lending, and cross-chain GameFi assets lending. 

Unlike traditional NFT collections that rely on unstable demand on markets or risky speculation, Kyoko Pawn NFTs guarantee a redemption of $20,000 USDT of initial investment exactly one year after the NFT mint.

Other benefits include a reward pool of 2M Kyoko tokens shared equally by all holders at the time of redemption. 

In addition, Pawn holders can avail of early investment opportunities from Kyoko’s DAO-to-DAO lending business, which includes potential airdrops from projects with the highest potential in the Web3 industry.

Pawns are available on the secondary market after NFT purchase. Pawns will be re-sold every year and the sale proceeds will fund Kyoko’s DAO-to-DAO lending project.

“Kyoko Pawns were designed with YOU in mind. They guarantee the return of your initial purchase price while offering diverse opportunities for attractive gains both inside and out of the Kyoko ecosystem,” Kyoko team said in its blog post.

Kyoko Pawns comprises 1,000 NFTs, with 633 NFTs available for public sale and 367 NFTs to early investors and advisors. However, the 367 distributed Pawn NFTs won’t receive a share of the pool of 2 million KYOKO tokens.

At the time of writing, the price of KYOKO token is at $0.1117, up 0.57% for the last 24 hours.

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Bryan is a gamer who became genuinely interested in crypto after his initial exposure to Play-to-Earn games like Axie Infinity and Pegaxy. He has basic knowledge of technical analysis and is keeping an eye out for interesting developments in the metaverse and GameFi space.