Announcing Koi Network — Web3 Culture is the New Currency

Koi Network
6 min readJun 20, 2022

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TL;DR

  • This marks the end of a chapter but the beginning of a new one.
  • The ultimate goal is to create and develop a culture that incentivizes people into good behaviors. We believe it is Web3 culture.
  • And Web3 Culture is the New Currency.
  • Koi Network aims to become one of the projects that can unlock the full potential of NFTs. You can use Koi Network to Express, Identify, Transact, and Scale.

Recap of What We Achieved — Koi Metaverse

In September, we decided to announce to the world Koi Metaverse, a project that strives to unlock the next-gen GameFi Metaverse economies by building the digital collectibles platform for virtual GameFi NFTs on multiple chains. We created this project with a wish for people to issue, trade, and liquify GameFi NFTs from different chains without hassle.

November 1st marked one of the most important milestones in Koi Metaverse history. We announced Koi Labs had secured $2.6 Million in Pre-A Funding. And the fund raised was used to explicitly kick off and fuel the exponential growth of Koi Metaverse.

Nearly a month later, we announced Koi Labs has closed its Series A Round with a 2.7 million dollars investment. The valuation of Koi Metaverse A fundraising round is at 45 million dollars.

Around December, we decided to launch our first-ever public game testing on Koiverse’s three major components: Mining & Breeding & Mystery Box.

In March, we launched the event that gave us the biggest hike in community growth. The KOI Early Supporter NFT Program was created with the intent to give back to the Koi Metaverse community that has been showing us nothing but support and love along the way. At the time of this writing, the number of our NFT holders exceeds 20,000.

On April 19th, the Koi Metaverse game was officially launched.

This marks the end of a chapter but the beginning of a new one. Building a project is a bit like writing a book. We don’t always get to write the entire thing in one go. There are times when an unforeseeable force can take your book and scribble in a few unexpected paragraphs that you might wish weren’t there, but it’s our book and we can turn those paragraphs into many, MANY exciting new chapters.

Web3 Culture — The New Currency

This is the new thinking pattern we want to instill in the next chapter of this project. Gaming is good, and with GameFi, gaming is even better. However, Web3 culture is something larger than ourselves that can give the ultimate meaning to our future endeavors.

We human beings have succeeded as a species because of our ability to form unique cultures rather than follow animalistic ones. Cultures are what make groups of people come together for a common set of values and beliefs. When we share values and beliefs with others, we form trust and that precious trust allows us to cooperate, develop and thrive as a whole.

Following the same logic, The ultimate goal is to create and develop such a culture that better unites people, incentivizes people into good behaviors, and propels our society to a more sustainable trajectory.

And Web3 Culture is the New Currency.

Introducing Koi Network

Koi Network aims to build the cultural bridge between Web2 and Web3 economies. It is a decentralized community-driven platform that enables users to merge Web2 applications and Web3 native cultures via a single touchpoint, bringing your digital collectibles to the masses.

With this upgrade, Koi Network is still operating in the same space, but beyond gaming. Web3, augmented by decentralized products and NFTs, is ushering in a new era of how we all connect, interact, work and play — all within a transparent, open ecosystem.

Koi Network aims to become one of the projects that can unlock the full potential of NFTs.

  • Native Culture of Web3 Economy
  • Use Koi Network to Express 🎤

Digital Collectibles are the core of the Web3 Economy. Koi Network enables users to create, own, share and distribute their digital collectibles in a decentralized and disruptive way, including art, gaming and entertainment, etc.

  • On-chain Credentials and PFPs
  • Use Koi Network to Identify 📛

Blockchain solves the issues of identity and trust. In Web3, NFTs represent membership and ownership. Koi Network will empower individuals to create customized credentials, allowing them to build a close-knit community with true identifications.

  • Marketplaces on Social Media
  • Use Koi Network to Transact 💱

With Koi Network, integrating extensions into your social media platform, you can explore the NFT market, buy and sell in real-time, from your own social page. It gives you full access to OpenSea, Looksrare and other NFT marketplaces.

  • Growth Powered by NFTs
  • Use Koi Network to Scale 📈

Web3 means New Generations, New Creator Economies and New Cultures. Koi Network develops the NFT Growth Automation Machine to empower your NFT marketing campaigns via NFT collecting, creating, collaborating, and charity.

Why Bigger and More

You are right to ask this question. Why build a bigger and more complex project after all the work we have done to launch a Metaverse game? After the game launch, we feel there is mre we can do to contribute to the Web3 world. The game itself is fun. It is fun to work on, and fun to share with our community. However, the ultimate goal is to create and develop a new culture that better unites people, incentivizes people into good behaviors, and propels our society to a more sustainable trajectory.

NFT should not be confined to gaming or simply speculation. And those who entertain such beliefs probably have not done much research on it.

NFTs can convert physical products to digital assets, which gives them the potential to improve supply chains, reduce intermediaries, and increase security. The underlying technology of NFT is considered one of the most promising tools we can use to reshape our future. We can go on and on here.

However, the most important takeaway is that it represents the Web3 culture, which is a counter-culture that promotes the idea that you can take control back from the Facebooks of the world. And NFT is just one of the first steps to do so.

Again, Koi Network aims to build the cultural bridge between Web2 and Web3 economies and enables users to merge Web2 applications and Web3 native cultures via a single touchpoint, bringing your digital collectibles to the masses.

What is next

  • 2022 Q2

Gamepaper V2.0 release

Game official launch

Play to earn campaign release

Breeding market testing and launch

Ecosystem building

  • 2022 Q3

Koi Metaverse gaming optimization

Koi PFP identity creation

PFP design and component generator

Base contract development

Trading market development

Front Back-end co-location testing

  • 2022 Q4

Integration of Opensea’s data

Trading marketplace design

Embed trading page in Twitter using a browser plugin

Integrating dapps through community bounties

Coda

This is the beginning of a new one.
A Journey that is less traveled.
We sincerely invite you to come with us to enjoy the next peak.

Thank you for your support.

About Koi Network

Koi Network aims to build the cultural bridge between Web2 and Web3 economies. It is a decentralized community-driven platform that enables users to merge Web2 applications and Web3 native cultures via a single touchpoint, bringing your digital collectibles to the masses.

Contact Koi Network

📄 Website: https://www.koi.io/

👍 Twitter: https://twitter.com/KoiMetaverse

🎮 Discord: https://discord.gg/koi

✈️ Telegram: https://t.me/KoiMetaverse

📗 Medium: https://medium.com/@KoiMetaverse

💻 Github: https://github.com/KoiMetaverse

🔗 LinkedIn: https://www.linkedin.com/company/koi-metaverse

📧 Email: info@koi.io

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Koi Network

Koi Metaverse’s mission is to unlock the Next-Gen GameFi Metaverse Economies.