Koi Metaverse — Bi-Weekly Update 2/28–3/11

4 min readMar 15, 2022

Hi there, Koi School 🐙

Welcome back to Koi Metaverse and another edition of our Bi-Weekly Update.

This Bi-Weekly Update might be slightly different because we are going to take a different angle reviewing everything.

Apart from another set of new developments, designs, and features in Koi Metaverse, we will talk about the general market and its impact on how it is going to affect our strategies.

In the past two weeks, most of our time and energy was invested in finalizing our Game Paper V2.0, the numerous tasks associated with the upcoming Supporter NFT program, and building our partnership network.

More details are below 🐋

The US Effect

Based on our observation, crypto markets remain lusterless with only a few sectors gathering single-digit gains and capital support recently, which is a clear reflection of people’s choice in this day and age.

Digital currency supporters are watching closely the Fed’s move to see if it affects crypto markets negatively. Additionally, U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. The Biden administration also wants to explore a digital version of the dollar.

The War Effect

As far as most reports are concerned, the war in Ukraine could accelerate the growth of the crypto sector. The Ukrainian government announced last month that it would accept global donations made in bitcoin, Ethereum, and tether, to support its army.

It is worth mentioning that the rising Russian and Ukrainian flows into crypto during this war highlight how cryptocurrencies are being seen and used as alternatives to fiat currencies. Indeed, war can produce unexpected side-effects, not just in geopolitics but in finance, too.

How It Affects Koi Metaverse

It is clear to us that reality is not a binary system. Conflicted as it may seem, it is usually in the murky space that we can find opportunities.

Bear markets are a fact of life. And it is the same in life as it is in any market that the best thing you can do in a bear market is to keep investing in your long-term vision.

Bear markets test the resolve of all investors and builders. While these periods are difficult to endure, history shows you probably won’t have to wait too long for the market to recover. And if you’re investing for a long-term goal the bear markets you’ll endure will be overshadowed by bull markets.

Koi Metaverse is our long-term goal. This is why we are so stoic in such a noisy world.

Introducing New NFTs

Back to Koi Metaverse.

Names: Rockstar, Dino Shark, Neon Guppy, Quiz Smart, And Early Supporter

The above NFTs are special-themed (aka Early Supporter NFTs) and will be given out to the Koi Metaverse early supporters.

More importantly, they will be the future KOI Airdrop Voucher. The conversion rate is to be announced.

KOI Early Supporter NFT Program

The KOI Early Supporter NFT Program Claim Page is under development and almost ready for internal testing.

We cannot wait for you to give it a try.

The KOI Early Supporter NFT Program will be a series of NFTs give-away events to all supporters and participants in Koi Metaverse.

We will be rewarding the early supporters with special Themed NFTs (aka Early Supporter NFTs), which will be the future KOI Airdrop Voucher. This program will introduce a series of events to showcase our technical development and aesthetic designs.

Koi Partnership

As you already knew, on March 11th, we announced our strategic partnership with the one and only ArcadeNetwork.

Koi Metaverse — Strategic Partnership with ArcadeNetwork

To all Koi fans out there 🐠

koimetaverse.medium.com

This partnership will help us leverage ArcadeNetwork’s services to bridge our NFT assets across different metaverses, allowing our community to use their unique fish NFTs in other metaverses and gaming environments.

In addition to that, we’ll make use of ArcadeNetwork’s Marketplace to offer limited fish NFT collections, which will come in many forms. This partnership will also focus on technological improvement and mutual marketing endeavors to raise brand recognition.

About Koi Metaverse

Koi Aims to Unlock the Next-Gen GameFi Metaverse Economies by Building the Digital Collectibles Platform for Virtual GameFi NFTs on Multichains.

Koi is a next-generation infrastructure for issuing, trading, and liquifying GameFi NFTs from different chains like Ethereum, BSC and so on. It is aimed at building a Metaverse dedicated for GameFi NFT assets.