![]() ![]() Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Red Kite will organize the first IDO on the Polygon network this August to kick off this partnership. By bringing promising metaverse projects to Red Kite, Polygon will help its dApps gain wider mainstream acceptance and expose the Red Kite community to potential investment opportunities. Therefore, numerous leading projects in the DeFi space and popular NFT games have chosen to deploy their dApps on Polygon Network. Polygon’s recent surge in popularity as a full-stack scaling solution has been attributed to its ability to tackle several of Ethereum’s current challenges, including high fees, poor user experience, and low transactions per second (TPS). Polygon will serve as a conduit between its ecosystem’s early-stage projects and the Red Kite launchpad by recommending qualified projects to do IDO on Red Kite. As a result, Red Kite will help empower the adoption and growth hack of the next generation dApps built on Polygon. Additionally, Red Kite offers convenient features for IDO participants, including a one-hour refund policy, pre-order service, and a reputation system. In comparison to other launchpads, Red Kite provides customized distribution tools that enable projects to vest their tokens in pre-or post-sale offerings. Thereby, Red Kite will develop features compatible with Polygon Network, and commits to conducting frictionless token offerings for qualified Polygon projects. Red Kite has received a development grant from Polygon. In addition, Red Kite users can also participate in IDOs with lower gas fees, which could pave the way for more accessible and enhanced token offerings. This upgrade will allow the Red Kite team to bring many potential IDO projects developed on the Polygon Network to its user community. Alongside Ethereum and Binance Smart Chain, its next major milestone is becoming compatible with Polygon, one of the fastest-growing networks available in the blockchain world. Red Kite’s approach from day one is to be a cutting-edge launchpad with distinctive features, including multi-chain support. We will also hold a new IDO project on the Polygon network very shortly. The goal is to create both an in-game economy and a variety of fun and interesting ways to earn while playing,” the company further noted.We are thrilled to announce that the Red Kite launchpad will now support Polygon Network and projects developed on this network. These include completing quests, competing in battles or tournaments, or setting up a shop in the marketplace to become a local trader. “Players are presented with a free deck to get started and are then given a variety of gaming style options to make the game even more engaging. Combined with the booming non-fungible tokens (NFTs) industry, the play-to-earn industry is poised to scale higher as more users migrate to the blockchain and crypto market. Play-to-earn alias (P2E) games have gone viral for the better part of this year. At the conclusion of every game, card attributes are written on-chain, storing the permanent history of card changes over time as well as how cards have evolved or changed,” the company noted in a press release. The NFT game cards are dynamic which are impacted by unknown factors like weather conditions, temperature, and storms. ![]() “Players are invited to explore the dream realms and go on adventures by participating in quests, events, and tournaments. ![]() Notably, the Dreams Quest ecosystem is scheduled to be unveiled gradually for the next two years according to the company’s road map. As for the GameFi and Red Kite IDO, Dreams Quest has set October 15 as the desired date.īy purchasing the $DREAMS tokens, users will get an opportunity to access the Dreams Quest ecosystem. Notably, the initial DEX offering on DuckStater is scheduled to take place on October 14. Dreams Quest, a decentralized play-to-earn RPG game that is powered by blockchain technology and dynamic NFTs, has announced that its anticipated initial DEX offering (IDO) will be held on Red Kite, GameFi, and DuckStater. ![]()
0 Comments
Leave a Reply. |