In the current mode of transactions, Blockchain technology is playing a vital role. Because of its best use case of bringing the traditional mutual transactions ecosystem to the world of blockchain and cryptocurrencies, the concept of blockchain technology is getting high attention in the market. Now you can transact hassle free, with low cost, more security and eliminating third parties. With the development of technology, we are seeing tremendous development in internet world. The criteria of payment system is changing rapidly. Thanks to blockchain technology that now the transactions are fast, secure and also the users privacy is taken care by avoiding unnecessary involvements of third parties. Now there is direct dealing and this opened the door for various possibilities to be active & interacting with each other directly and getting opportunities to earn more via use of technology. The further development and improvements of blockckain is the concept of DeFI Decentralized Finance also called DeFi is on boom.
DeFi is the new era in crypto field. It is advanced level of blockchain technology. DeFi promotes the use of decentralized networks and open source software to create multiple types of financial services and products. DeFi platform is giving more flexibility and opportunities to users to gain more. You can stake, Lend/borrow assets. Get interest, can earn with Yield farming. UniSwap’s Growth is the best example.
Non-fungible tokens (NFTs)s are unique in nature, with varying properties that can be distinguished from each other. Non-fungible tokens can be used in decentralized applications like crypto-collectables or crypto-games. Non-fungible tokens furthermore enable the tokenization of all types of assets, whether digital or real. They allow unique investments tied to a physical object, like unique artwork, real estate, or any other real-world assets and securities.
It looks like NFTs has got high attention and become the focus of blockchain.
KIttieFIGHT Ecosystem
Online games have attracted players from a variety of ages, nationalities, and occupations. An online game is a video game that is either partially or primarily played through the Internet or any other computer network available. The design of online games can range from simple text-based environments to the incorporation of complex graphics and virtual worlds. Online gaming has drastically increased the scope and size of video game culture. In 2019, revenue in the online games segment reached $16.9 billion, with $4.2 billion generated by China and $3.5 billion in the United States.
In late November 2017, design studio Axiom Zen launched CryptoKitties, a Pokemon-style game built on the Ethereum blockchain network. There, you can buy and collect virtual cats, and breed them, creating new cats with special attributes. "CryptoKitties" are collectible and breedable digital cats. KittieFIGHT will create a new category of blockchain fun for cat lovers and gamers alike. CryptoKitties is the first blockchain game with cat that allows users to buy and sell Kitty. A decentralized combat game filled with cats, memes, and cat memes! Using a deflationary gamified token economy with cash jackpot incentives. KittieFIGHT is the first battle-based platform to use a unique combination of gamified engagement rewards where existing user-held NFT cat tokens [generated from CryptoKitties] form part of this new platform. KittieFIGHT is a game centered around breedable, collectible, and adorable creatures we call CryptoKitties! Each cat is one-of-a-kind and 100% owned by you; it cannot be replicated, taken away, or destroyed.
KittieFight is a blockchain game that fights Kitty, which is a character of the typical blockchain game CryptoKitties. If you and your Kitty win, you can earn tokens as a reward to obtain goods for fighting kitty and virtual currency. KittieFight is trying to further activate CryptoKitties by bringing CryptoKitties characters into battle and by giving players winning rewards. There is an Eth & KTY token jackpot to be won in every game. All participants in games have a 50% probability of being on the winning side.Its Also an experiment in group psychology when you have two opposing coalition groups at odds with each other. This is the best online gaming and earning platform and is The cryptokittities combat MMO with leading protocol jackpots, Users who listed NFT Cats by paying a fee in KTY Tokens are randomly matched in fight match for a future match time.Users visit kittiefight page and can register with a current cryptokitties address or proceed to list a NFT cat to be used in a fight when matched. Games are matched between multiple players and scheduled for various times during the day and week. When a player (coalition leader) is successfully matched, a jackpot prize in ether with an amount of KTY tokens are automatically assigned to the game used as rewards for the winners of the game. Winners of fights on the kittieFIGHT platform can trade winning tokens to buy more Cryptokitties collectibles.
KittiesHell Mechanism
Another important thing is the system called KittiesHell. kittieHELL is a holding place where lost kitties are sent and kept forever, without the ability to be ever used again! KittiesHell is designed as such a mechanism that burns the oversupply of Cryptokitties. This feature will always keeps the demand and supply ratio intact and bringing more utility for the tokens and rewards to the users of the cryptokitties platform. The result is that over time there are less NFT kittens in existence and more Cryptokittie and Kittiefight players with extra cash ( Ether and Kittiefight KTY ERC20 tokens ) value to spend on more breeding, buying and gaming activities.
Best Userfriendly Gaming Platform
KittieFIGHT is a cool modern platform with its unique feature of "Fight to win", yep here you enjoy in two ways . You being a game lover, play on this user friendly platform in such a way that you make your preparation for fight, nourish and develop your NFT Kittie up to the mark to fight and attract the supporters to support you and your kittie. And also earn while playing. This is the cool feature of this platform which I like of earning while playing which I like and appreciate. The fight mechanism is that there are two coalition leaders who owned their respective NFT kitties and challenge for fight. The coalition leaders pay the listing fees and book the fight. A jackpot prize in ether with an amount of KTY tokens are automatically assigned to the game used as reward for the winners of the game. Now the supporters play a vital role in the fight. Before a fight start, supporters ( people/crowd ) who support the kittie/coalition leader of their choice by paying ticket fee in KTY token. There must be required the minimum number of supporters assigned for a particular fight, else the fight will be cancelled resulting in forfeiting the fees paid.
The people/crowd choose which cat to bet on the Combat Gaming Platform For Cryptokitties, The game allows audience participation to be an important factor in the outcome of fights, wherein supporters can bet on their champions which inflicts more damage against opponent fighters. where fight and win ether and tokens with this Deflationary, Gamified Token Utility Economy. KittieFIGHT platform provides combat MMO game for cryptokitties users. Here you lend for eth yield. Game jackpots are backed by lending. Interesting concept is that Games yields 10 times initial ETH jackpot. This unique platform provides Weekly yields to lenders, DAO stakers and game winners. Moreover KittieFIGHT is the best unstoppable, provably fair and transparent ethereum Dapp.
Yield Farming Program
A lucrative yield farming program called the “Volcano” pre-launches with a limited time Dutch auction. The Yield farming program is the KTY token liquidity provisioning incentive program for the popular fan favorite combat Cryptokitties NFT MMO game called KittieFIGHT. The Kittiefight Volcano Yield farming program is a smart faucet that incentivizes on-chain liquidity. Holders of KTY an SDAO tokens can provide liquidity on Uniswap in order to receive more KTY tokens and SDAO tokens.The yield farming Program will serve as a program offering incentives for providing liquidity. It will kick-off before the dutch auction concludes. The volcano yield farming Program will allow earning 500%-6000% more KTY and DAO governance tokens. The KTY dutch auction is the initial KTY distribution.The dutch auction process makes sure that everyone who wants the tokens has a fair chance of getting them. The token buyers are also more likely to be happy with the price as the price is decided by the buyers themselves. Volcano Yield Farming is an interesting innovation to help people worldwide engage in a reliable and secure option of making better profits, fully inspired by DeFi movement.
KTY Token
KittieFIGHT uses the fungible token ERC 20 standard ( KTY ) for its internal token economy. A Total of 100 million Tokens ( KTY ) fixed . Gamified KTY Token utility; The kittieFIGHT token (KTY) is a gamified utility token powering the kittiefight internal economy, utilizing limited supply with suppressed emissions and incentivized crowd participation for various fees paid in Kittiefight scheduled matches. The growing demand for use of KittieFIGHT tokens (KTY) in games, drives up the value of KTY token which are additional rewards to players in each game aside from the Ether rewards.
Every game has a HUGE jackpot payout prize in ETHER as incentive for KTY token use in payment of fees during gaming process, resulting in higher and higher demand for KTY token & increasing demand & token valuation. 10% (700,000 KTY & 700,000 SDAO) out of the program allocations are auto awarded to yield farmers who participate within the first 21 days of the volcano program launch, and as long as they continue till the end of the program duration.
Summary
In KittieFight, in order to activate CryptoKitties, it introduced a system to reward players by fighting Kitty and burning Kitty by the function KittiesHell. It is an idea both attractive and revolutionary. It is clear that KittieFIGHT gives players all the tools they need to make money. Whether you want to participate in yield farming, betting or liquidity offerings, you have options for your choice. Participating in Dutch auctions allows users to choose some KTY tokens at an early stage, which could become speculative value tokens in the future. Cryptokitties has capitalized on a massive opportunity by tokenizing cat memes; one of the biggest internet mainstays by ascribing unique genes generation to each non-fungible cat token created.
Social links:
- Website : https://www.kittiefight.io/
- Whitepaper : https://www.kittiefight.io/whitepaper
- Linkedin : https://www.linkedin.com/company/kittiefight/
- Discord : https://discord.com/invite/rgQ5F3R
- Facebook : https://www.facebook.com/KittieFight-110975747423209
- Twitter : https://twitter.com/kittiefightHQ
- Reddit : https://www.reddit.com/r/kittiefight/
- Telegram : https://t.me/Kittiefight_ANN
- Telegram : https://t.me/KittieFIGHT_DeFi
Author
- Bitcointalk Username: aksh2596
- Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1470247