NFTs

Kiraverse “The Box” NFTs Sold Out in seconds on Magic Eden

2 Mins read

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Independent game development company Param Labs sold out free-mint NFTs for its flagship game Kiraverse, offering several collector edition perks to its holders.

The collection’s floor price on Magic Eden is currently 0.153 ETH at the time of writing. The project has also seen its native cryptocurrency token ticker $param trend on platforms like X for the last 24 hours.

The Kiraverse Box collection features 888 unique features, which the team commented represent a step ahead towards the future of esports and blockchain gaming. Members who were whitelisted and received at least one of the 888 NFTs would be eligible for in-game credits, legendary weapon skins, legendary character skins, and more. The company has generated over $4m in revenue in the past eleven months through NFTs, and has distributed $1m + in value back to holders of its previous collections via tradable skins.

https://x.com/Kiraversegame/status/1767975695508976080?s=20

The game combines Fortnite and PUBG style fast paced third-person open world shooter gameplay, as it aims to reach mass market through its marketing partnerships with famous esports organisations such as LoudGG, Chronic gaming and more.

The game combines Fortnite and PUBG style fast paced third-person open world shooter gameplay, as it aims to reach mass market through its marketing partnerships with famous esports organisations such as LoudGG, Chronic gaming and more.

The company also stated that the in-game skins associated with the NFTs were collector’s edition items, not obtainable in-game or in any future offerings.

Kiraverse is designed to promote digital ownership and user-generated value, leveraging Param Labs’ innovative technology.

Param Labs IP product Pixel-to-Poly has also seen the company secure over 30+ partnerships with brands such as GameStop, Immutable X as well as NFT projects such as Pudgy Penguins and more, as the company allows 2D images to be converted into 3D game ready avatars.

About Param Labs

Param Labs is at the forefront of leveraging artificial intelligence and blockchain technologies to advance the rapidly growing US$200B+ gaming industry. By addressing some of the most significant challenges believed to limit the sector’s long-term growth, Param Labs is setting new standards for innovation and user engagement. Its ecosystem is crafted to provide gamers with digital ownership over their gaming assets, and to enable the creation of user-generated value across their experiences. With a keen focus on solving apparent issues in the gaming world, Param Labs designs products that not only aim to seamlessly integrate millions of new users into the benefits of Web3 technology but also to empower individual creators and studios. The team is dedicated to developing the necessary tools for effortlessly utilizing the advantages of emerging technologies, paving the way for the future of the gaming industry. Through its efforts, Param Labs is positioned as a pivotal player in
transforming how gamers interact with digital content, promoting a more inclusive and dynamic gaming environment. Param’s team boasts experienced professionals from renowned companies such as Activision, EA, and Ubisoft, as well as world-renowned artists Antoni and Marc Tudisco behind the game and character designs. To learn more visit www.paramlabs.io or follow on X (Twitter).

 


All investment/financial opinions expressed by NFTevening.com are not recommendations.

This article is educational material.

As always, make your own research prior to making any kind of investment.


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