Kyoko Finance Offers Affordable Cross-Chain Asset Rentals for Gamers

šŸŽ® Rent, play, earn?

By Kyoko Finance
Oct 17, 2024, 4:45 PM
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Kyoko Finance introduces a cross-chain asset lending platform for gamers and guilds, offering affordable rentals of in-game assets.​ This innovative solution addresses two key challenges in the GameFi market:

  • High entry costs for popular play-to-earn games
  • Illiquidity of NFT assets across different blockchains

The platform enables users to:

  • Monetize idle in-game assets
  • Access new gaming experiences at reduced costs
  • Participate in a P2P NFT lending marketplace

By bridging gaming blockchains through a single marketplace, Kyoko Finance aims to make play-to-earn gaming more accessible and profitable for all participants.​

Sources
Read more about Kyoko Finance

Kyoko Finance Implements Dual Risk Models for NFT Lending

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Voxie Tactics Partners with Kyoko Finance for NFT Value Enhancement

Voxie Tactics, a tactical RPG inspired by classic gaming, has integrated with Kyoko Finance's CCAL (Cross-Chain Asset Lending) platform. This partnership enables players to: - Maximize the utility of their Voxie Tactics NFTs - Access cross-chain lending features - Enhance NFT value through financial services The integration follows similar successful partnerships, including The Sandbox's recent collaboration with Kyoko Finance. Players can explore these features at ccal.kyoko.finance.

Web3 Gaming Funding Surge and User Growth

Web3 gaming is experiencing rapid growth, with over $162M in funding reported. Key drivers include: - In-game asset ownership - Increased transparency - Involvement of major players like Microsoft and Sony The GameFi sector is booming, reaching 4.2M daily users. Factors contributing to this growth: - TON blockchain adoption - Crypto airdrops attracting new players A new surge in Play-to-Earn (P2E) gaming is anticipated for 2025. As the sector expands, platforms like Kyoko Finance aim to provide gaming liquidity solutions to support this growth.

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