Connect with us
Active Currencies 13905
Market Cap $2,404,536,375,215.26
Bitcoin Share 51.62%
24h Market Cap Change $-3.86

MEXC Global to list Krida Fans, supporting a play-to-earn fantasy sports and social platform

3min Read

Share this article

The leading digital asset exchange MEXC Global will launch Krida Fans ($KRIDA) in the M-Day session and list the token in 26th January. Krida Fans is a next-generation blockchain-based fantasy sports platform built on the Polygon blockchain with a built-in in-game NFT marketplace and community platform. 

The global fantasy sports market is quickly growing, especially for on-chain projects in the market. It has caught the imagination of crypto enthusiasts leading to great interest from the community. However, the market continues to be nascent. On top of that, the NFT markets have lately experienced tremendous development, with a number of celebrities and businesses has been doing great for widespread use of NFTs.

In the current fantasy sports sphere, high expenses have been a major issue for players. Smaller players and newbies will be limited in their capacity to play the game for longer. The Krida Fans team created the ecosystem using Polygon blockchain to reduce entrance costs while guaranteeing that each member is encouraged to participate and has an equal chance of winning the prize pool.

The platform was designed with skill-based game mechanics. With the belief that skill outperforms luck, Krida Fans implemented scarcity uniquely that gives everyone a fair chance to compete with others. 

At Krida Fans, community culture is at its core, and users will interact more often with platform creators and other users. The platform rewards users with points based on their activities in the community. These points will then convert into different levels of Social Reputation as non-transferrable NFT. As Krida Fans progress towards maturity, the platform will eventually give the reins of the platform to the Kridaks who can vote or delegate the voting power to other Kridaks, which ensures a smooth formation of the Kridkas DAO.

$KRIDA, which will be listed on MEXC Global, is the utility and governance token of Krida Fans, enabling users to earn rewards and participate in community votes for important platform decisions.

MEXC Global has been working closely Krida Fans as a strong supporter since its early stage. The listing on MEXC Global will not only add liquidity to $KIRDA and expand the community of Krida Fans, but will also help more people to have next-generation fantasy sports experiences.

Users trading specific cryptocurrencies and MX token holders at the MEXC platform for 2 days (2022-01-25 14:00 to 2022-01-26 07:00 UTC) prior to the end of the ticket-claim time with trading volumes will be eligible for the M-Day lucky draw and win $KRIDA. Check out M-Day detailed information from MEXC Global official sites.

The trading pair KRIDA / USDT will be open at 13:00 (UTC), on January 26.

About MEXC Global

Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading, and staking services. The core members of the team come from international enterprises and financial companies and have experience in blockchain and financial industries.

For more information, please visit MEXC Global website and blog. Follow MEXC Global at Twitter and Telegram.

About KridaFans

KridaFans is a next-generation fantasy sport and social platform on the blockchain. It differentiates itself from other blockchain and non-blockchain platforms with features such as skill-based scarcity, low entry barrier, detail-rich NFTs, in-game NFT marketplace, and social reputation as non-transferrable multichain NFT.

For more information, visit our website and blog. Follow us on Twitter and discord for the latest news and announcements.

 Disclaimer: This is a paid post and should not be treated as news/advice.

Share

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.