NftKGeN Introduces KGEN Rewards Token Ahead of $KGEN Airdrop

KGeN Introduces KGEN Rewards Token Ahead of $KGEN Airdrop

-


Kratos Gamer Network (KGeN) has introduced a new rewards system that allows users to earn rKGEN tokens by completing quests and campaigns.

These tokens will play a crucial role in an upcoming $KGEN token airdrop, where they can be exchanged at a 1:1 ratio. Designed to reward active participants, rKGEN is non-transferrable and limited to use within the platform, but it can be redeemed for transferable $KGEN tokens when the TGE occurs.

Participants can earn rKGEN indirectly by gathering K-Points, which will eventually convert into the rewards token. The platform also plans to launch staking features for rKGEN, enabling users to increase their holdings ahead of the airdrop.

What is KGeN?
What is KGeN? Source:KGeN

What is KGeN?

KGeN, or the Kratos Gamer Network, is a blockchain-based platform designed to integrate gaming with decentralised rewards. It allows users to participate in quests, complete tasks, and earn platform-specific points and tokens. The platform is accessible via web browsers and mobile apps for Android and iOS.

The recently introduced rKGEN token serves as a reward for user activity and engagement. Whilst rKGEN is non-transferrable and limited to platform use, users can exchange rKGEN at a fixed 1:1 ratio for $KGEN tokens. KGeN describes this approach as a “fairdrop,” prioritising early adopters and contributors who have supported the platform since its inception.

In addition to rewards, KGeN simplifies access for new users by automatically creating a crypto wallet during registration. Alternatively, users can link their existing wallets, enabling seamless participation in the platform’s activities.

How to earn rKGEN?
How to earn rKGEN? Source: KGeN

How to earn rKGEN?

Earning rKGEN begins with collecting K-Points, the platform’s activity-based currency. Users accumulate these points by participating in K-Quests and K-Drop campaigns, which involve tasks such as social media engagements or gaming-related activities. Points can later be converted into rKGEN tokens, though the conversion process and timeline have yet to be announced.

K-Quests and campaigns are often hosted by external partners and feature diverse activities tied to web3 gaming projects. Notable collaborations include titles like Badmad Robots and Ragnarok: Monster World. Each quest is time-sensitive and limited by the number of participants, emphasizing the need for timely engagement.

To participate, users can sign up for KGeN using Google, Discord, X, or WhatsApp. Upon registration, a wallet is created for users with both EVM and Aptos addresses eliminating the need for prior knowledge of blockchain systems, making the platform accessible to a broader audience.

Although the $KGEN TGE date is not yet confirmed, users are encouraged to start engaging with the platform to maximize their potential rewards. Future updates will provide more details on rKGEN staking features and additional earning opportunities.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Crypto Lender Nexo Announces US Re-Entry

Nexo, the global digital assets wealth platform, has announced its return to the United States market. The development was...

Trader Says Rallies for Dogecoin Rival Just Getting Started, Predicts Month of May To Decide Direction for Solana

Widely followed crypto analyst and trader Inmortal says that one Dogecoin (DOGE) rival is in the early stages...

Bitcoin to Reach $200K by Year’s End: Standard Chartered

The London-based bank released its forecast in a research report published on Monday, predicting a new bitcoin all-time...

Advertisement

Worldcoin price prediction | What’s next for WLD price?

Bitcoin is ranging comfortably over $90k,...

A Philosopher Released an Acclaimed Book About Digital Manipulation. The Author Ended Up Being AI

“When readers discovered the truth about how the book was created, many were hurt. I deeply regret that,...

Must read

Crypto Lender Nexo Announces US Re-Entry

Nexo, the global digital assets wealth platform, has...

You might also likeRELATED
Recommended to you