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Kuroro Beasts Announces Upcoming Staking Launching 

November 22, 2023 - Updated on July 7, 2024
in News, NFTs
Reading Time: 2 mins read
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Juice Gaming News | Web3 Gaming

Juice Gaming News | Web3 Gaming

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Kuroro Beasts has announced the impending launch of its Origin Beast staking feature. The game development team has allocated 10% of the $KURO total supply, amounting to 10 million $KURO, for Origin Beast staking. Over the next 24 months, Origin holders staking their assets will receive a monthly share of 416,666 $KURO. The Origin Beast staking is set to commence this November.

Players interested in participating in the staking event can either acquire or already possess one of the 6,600 circulating Kuroro Origin Beasts. The Rarity score, alongside ownership of an Origin Beast, significantly influences staking rewards.

Kuroro Beasts will allocate around 7 million $KURO to Play to Airdrop, rewarding Origin holders with a Collector Profile, Achievements and Badges, and introducing a New Origin Beasts Staking System in Arbitrum.

Origin Beasts are premium assets within the KB ecosystem, providing benefits such as early access, $KURO staking distribution, an initial $KURO Airdrop allocation, special achievements in Play to Airdrop, and whitelist (WL) spots for Kuroro Ancients. To celebrate the launch of Ancients, a collection of avatars linked to the gaming ecosystem, Kuroro held a raffle for 100 free Ancients mints in September.

Kuroro Plans To Release a Comprehensive $KURO Tokenomics Soon

$KURO, essential for operations within the Kuroro Beast ecosystem, will be utilized across current and future games, including Kuroro Brawl and Kuroro Wilds. A detailed tokenomics plan for $KURO is forthcoming. The total supply is set to be divided between the community (60%+) and contributors (40%). The distribution is as follows:

  • For the Kuroro community: Play to Airdrop (7%), Origin Staking (10%), Origin Airdrop (3-5%), and Community Rewards (40%+).
  • For Contributors: Team (15%), Treasury Reserve (15%), and Investors (10%).
Tags: RPG
Sponges

Sponges

Sponges is a gamer and avid reader who began his journey into Web3 gaming as an enthusiast in 2020. Since then, he has pivoted himself as a writer who aims simplify stories for readers.

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