Katana Inu Token Ecosystem
The Katana Inu token ecosystem leverages an innovative approach to DeFi and gaming to create a unique platform to actualize its ideas and reward its community for its contributions. Katana Inu economy operates by deploying its native token, $KATA, which functions as the governing token for the entire platform, handling transactions both in-game and outside of the game (i.e., trading on the NFT marketplace).
Katana Inu works with well-structured smart contracts and inflation-proof devices to create a healthy token economy. The design of Katana Inu’s tokenomics secures a path for its protocol creation and development, ensuring returns for investors.
Katana Inu NFT marketplace allows different projects to list their NFTs and sell against their native token. This approach to the Katana Inu marketplace will enable projects to build additional use cases for their tokens.
Mass Adaption of Blockchain.
While blockchain gaming is still a fresh concept, many projects within this space have already witnessed tremendous growth. Despite being new, the blockchain gaming niche already garnered more than $4 billion in investments in 2021. In contrast, blockchain gaming only saw a little over $85 million in funding in 2020. According to a statement from Binance, 52% of the cryptocurrency traded on their exchange were GameFi projects; this shows the massive potential for blockchain gaming, play-to-earn, and other related niches.
There are 3.1 billion gamers in the world. If blockchain gaming takes off and goes mainstream, it could play a major role in the adoption of cryptocurrencies by the masses. With the average gamer age around 35 years old, young people playing and making a living from blockchain games could shape the future of the digital economy. The move towards play-to-earn could provide alternative sources of income for many unemployed young people.
Katana Inu Mission:
Katana Inu is an ecosystem not just for gaming but also for earning. Katana Inu aims to accomplish its goals by developing an accessible game for all, which is attractive to traditional gamers and provides educational benefits (in the areas of NFTs and DeFi). The idea is to keep the game open to everyone, allowing more people to test the game and learn about cryptocurrencies.
The retention of blockchain games is higher than traditional games, and experts say gaming is the tipping point for mass adaption. Blockchain gaming does not only provide users the ownership but also an opportunity for players to earn money.
Why will people want to play to earn?
In most of the developing world, the minimum and average wages are sub-par, leading to low income and a poor standard of living. With unemployment on the rise, most people find themselves in a rut with no way out.
The figures below show the minimum and average wages of different countries.
Portugal 952.15 $
Poland 948.36 $
Slovakia 946.85 $
Croatia 939.32 $
Lebanon 893.19 $
Latvia 891.20 $
Russia 881.76 $
Malaysia 849.01 $
Trinidad And Tobago 813.23 $
Hungary 784.01 $
Greece 770.48 $
Palestine 737.33 $
India 735.88 $
Costa Rica 711.96 $
Bulgaria 711.75 $
Panama 708.60 $
Romania 703.18 $
Uruguay 671.77 $
Mexico 625.52 $
Jordan 594.93 $
Iraq 577.59 $
Bosnia And Herzegovina 567.53 $
Jamaica 549.82 $
Montenegro 548.91 $
Serbia 546.47 $
Chile 536.24 $
Ecuador 491.81 $
Thailand 491.77 $
Honduras 487.34 $
Guatemala 485.87 $
Bolivia 484.68 $
Mauritius 484.48 $
Ukraine 481.00 $
Armenia 461.79 $
Vietnam 431.81 $
Kenya 424.49 $
Argentina 424.23 $
Kosovo (Disputed Territory) 404.03 $
Moldova 395.14 $
Kazakhstan 394.52 $
Morocco 384.62 $
North Macedonia 383.13 $
Albania 382.48 $
Brazil 377.12 $
Peru 374.32 $
Dominican Republic 370.60 $
El Salvador 369.64 $
Belarus 364.03 $
Indonesia 333.42 $
Azerbaijan 329.70 $
Turkey 315.39 $
Iran 306.52 $
Colombia 293.29 $
Philippines 282.32 $
Uzbekistan 278.75 $
Tunisia 277.41 $
Bangladesh 271.72 $
Ghana 267.21 $
Algeria 237.88 $
Egypt 224.91 $
Venezuela 205.42 $
Nepal 194.19 $
Nigeria 167.23 $
Pakistan 165.68 $
Sri Lanka 138.46 $
Play to earn allows the citizens of these countries to tap into an alternative digital economy where they can earn around $200 a month! This is much more than the lowest average rate in many countries. At the height of the bull market, some people could earn more than $1000 from a game, which is more than the average income of 65 countries.
By earning while playing, people can create a better life for themselves and their families since their fun time also becomes their income. Blockchain gaming will benefit society as a whole, providing the unemployed with a fun and entertaining means of survival while simultaneously reducing the crime rate.
Katana Inu plans to have global tournaments between players every month where people can participate via a small entry fee. Katana Inu tournaments will be conducted and streamed live on all social media channels of Katana Inu with E-sports teams and players from around the world. The tournaments will be done through Katana Inu NFT marketplace, where people gather and strive to take it all. The winner takes the pool prize, which is collected through the entry fee.
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