KuCoin has recently added AKEDO (AKE) to its Spotlight platform, allowing users to get early access to tokens in a project that merges artificial intelligence with blockchain gaming. This move by KuCoin demonstrates its commitment to supporting projects that leverage emerging technologies within the Web3 space.
Key Takeaways
1. KuCoin Spotlight now includes AKEDO (AKE), a project focused on AI-driven Web3 gaming.
2. AKEDO enables the rapid creation of games, with a process that is 100 times faster and more cost-effective than traditional methods.
3. Token sale terms for AKEDO include discounted pricing, proportional allocation, and a principal protection buyback.
4. The platform spans across multiple chains including Solana, TON, BNB, Bera, and DuckChain, offering multi-token rewards.
5. KuCoin has recently revamped Spotlight with a new user interface, dual-crypto support, and staking benefits, enhancing the overall user experience.
AKEDO: AI Tools for Web3 Gaming
Founded in 2024 in Zug, Switzerland, AKEDO initially introduced Akedog, a Telegram “tap-to-earn” game, and has since evolved into a broader ecosystem based on a “multi-agent AI framework.” AKEDO integrates AI agents directly into game engines, allowing players to generate full games by typing a brief prompt, a process that is significantly quicker and more affordable than traditional AI models. The platform aims to combine user-generated content with on-chain ownership and crypto rewards, describing itself as “TikTok meets Roblox on the blockchain.”
Multi-Chain Design and Rewards
The AKE token is built on Solana but also interfaces with TON, BNB, Bera, and DuckChain. Through the “PlayDrop” feature, players have the opportunity to earn rewards in various cryptocurrencies, such as DOGE, BNB, USDT, and more. This interoperability is designed to expand the platform’s reach and connect in-game activities with real crypto rewards.
Spotlight Token Sale Terms
As part of the KuCoin Spotlight offering, participants can purchase AKE tokens at 80% of the previous financing round’s Fully Diluted Valuation, with an additional 10% discount for KCS subscriptions. Over-subscription is supported, with proportional allocation ensuring fair token distribution among all participants. The sale also includes a principal protection buyback, where KuCoin will intervene to limit losses if the project underperforms, providing investor safeguards.
KuCoin’s Broader Role
Since its establishment in 2017, KuCoin has grown to serve over 41 million users across 200 countries. The exchange lists more than 1,000 assets and provides a range of services, including a Web3 wallet, spot and futures trading, institutional tools, and payment services. Forbes has recognized KuCoin among the “Best Crypto Apps & Exchanges,” highlighting its reputation in the industry.
KuCoin’s upgrade of Spotlight with enhanced features underscores its commitment to supporting early-stage Web3 ventures. The AKEDO Spotlight sale offers a unique opportunity for users to engage with a gaming platform that leverages AI for accelerated game creation and cross-chain rewards. This initiative exemplifies KuCoin’s dedication to introducing innovative Web3 projects to a global audience.