Kingdomverse Price

The Kingdomverse token could be a good investment, especially if you believe in the potential of Play-to-Earn (P2E) and the metaverse. This area of the crypto industry could experience considerable mainstream adoption and interest in the coming years, which could support the price of KING token in the market.

The KING price could also make gains as the developers behind the project announce new collaborations and launch new games. Such developments could drive up on-chain activity and increase the demand for the Kingdomverse crypto, making it a valuable investment to get in on early.

The Kingdomverse price could also benefit from an improvement in the market sentiment toward cryptocurrencies in general and towards NFTs, metaverse, and GameFi sectors. This could increase investor interest in tokens like KING and support their value.

Although it is impossible to offer an accurate KING price prediction over any duration, there are several fundamental factors you could monitor to understand volatility and price action in the Kingdomverse cryptocurrency. These include:

Level of Adoption

As Kingdomverse launches more games and attracts more users to its ecosystem, the demand for the native token $KING could rise. This would drive up the price of Kingdomverse coin in the market.

Partnerships, Collaborations, and Future Developments

Partnering with more established crypto projects in the market, e.g., NFT collections, could also boost investor confidence in the Kingdomverse token. In addition, whenever the developers announce new developments, such as upgrades or investments in the project, the KING price could head higher.

Market Outlook

A positive outlook towards digital assets in general and sectors of the industry such as Web3, GameFi, NFTs, and the metaverse are crucial for driving up the value of Kingdomverse as an investment. When the investor mood is bullish or risk-on, we could see higher buying activity that could strengthen the price of KING token.

$KING is the native asset of the Kingdomverse ecosystem. It has the following use cases:

Native Currency

KING crypto is needed for purchasing in-game assets, NFT utilities, guild passes, avatars, buildings, land, and more within the Kingdomverse MGM. You must also hold and use $KING when trading NFTs and other assets in the Kingdomverse Marketplace.

Earn Rewards

KING also serves as the incentive token of the gamified social hub. You can earn rewards in $KING when participating in Season Tournaments and other mobile games on Kingdomverse.

Staking

Kingdomverse lets some NFT holders, e.g., Monkey Legends Gen 3 NFTs, stake their $KING holdings and earn passive income. Staking is a great way to engage more with the gaming metaverse and grow your crypto holdings.

Governance Token

You can also stake $KING to enjoy voting rights and participate in the decentralized governance mechanism on Kingdomverse. The higher the number of KING tokens staked, the higher your voting power will be.

Crypto Asset to Trade and HODL

Trade Kingdomverse against other crypto assets to profit from changing market conditions and volatility. You can buy or sell KING crypto against other digital assets or hold it long-term if you believe in the future potential of the Kingdomverse project. Check the live price of Kingdomverse token, KING market cap, circulating supply, 24-hour trading volume, and the latest crypto news before trading KING in the market.

As per the Kingdomverse whitepaper, the developers have set the KING total supply at 1 billion tokens. The genesis circulating supply is 400 million, 40% of the total supply. The remaining tokens will be unlocked in a predetermined schedule over the next ten years from KING’s initial issuance.

The token distribution for $KING is as follows:

1. 29.7% of the supply is allocated to the Kingdomverse community.

2. 12.9% will be set aside to be distributed as game rewards.

3. 15.6% of the total KING supply is earmarked for the Play-to-Earn mechanism within the ecosystem.

4. 20% has been allotted to the Kingdomverse team.

5. 10.8% of KING’s supply is set aside for investors in the project.

5. 5% has been kept for the project’s advisors.

6. 6% of the token’s supply has been allocated to the Kingdomverse Treasury.

Kingdomverse boasts an impressive list of partners, such as Fractal, GGWP, QooApp, Immutable X, YGG, and Gensokishi Online. Kingdomverse’s investors include Infinity Ventures, Shima Capital, Newman Capital, SweeperDAO, Chiron Partners, and more.