Search

Klaystore releases new metaverse service

The Klaytn network-based Metaverse Service, also known as “KlayStore,” will launch its initial minting service on June 7, 2022. This event is scheduled to take place in the year 2022. NFT holders will have access to a staking pool as part of their reward in the first round of the competition. A total of 14,000 limited edition NFTs of various job characters will be produced, with 2,000 NFTs being issued for each character.

The maximum amount of KlayStore NFT that can be minted for a single character is 5,000. During the following round, KlayStore intends to mint 3,000 NFT for each character.

Beginning with the very first coin minting, staking can be carried out on a daily basis through the use of STC for a period of ten years. After a user has successfully mined an NFT using the mining power (MP) provided by this service, the user will be able to stake a claim on famous landmarks and locations all over the world in advance and will be eligible to receive rewards for an extended period of time. There are a variety of mining grading systems, as well as the levels of characters that users have created or picked, and all of these things have the potential to have an impact on MP.

The minted character NFT automatically receives mining power, which is then used as the benchmark for the staking pool. In addition, it is intended for the earned STC to be turned into cash after first being traded for KLAY through the KLAY swap

Because users can now participate in the mining process on Klaytn, they are needed to use either a Kaikas or a Metamask wallet in order to make use of the service. This is because users are now able to engage in the mining process on Klaytn. The festivities commemorating KlayStore’s first year in business are going to be televised on SNS in addition to a variety of other networks.

MetaNews.

Image credits: Shutterstock, CC images, Midjourney, Unsplash.

Welcome

Install
×