Kraken cryptocurrency exchange has listed the fiat currency pairs of MV/USD and MV/EUR, allowing the platforms’ users to begin trading these as of today. The hope of listing the token is that it will help to increase the reach of the GensoKishi online economy.
Kraken is one of the longest-standing US-based cryptocurrency exchanges, first going online back in 2011, and is known for providing crypto price information to Bloomberg Terminal. The exchange has an expansive range of coins and is the first platform to offer Bitcoin (BTC) leveraging as a service.
What is GensoKishi Online?
The GensoKishi Online ecosystem is based in the metaverse and the MV token is attached to its GameFi features. The game is based on the incarnation of the award-winning Nintendo Switch/PS4 game “Elemental Knights.”
The game is recognised worldwide, with a solid 14-year history and over 8 million downloads, GensoKishi Online is appealing to a huge community of gamers. The game offers a 3D massively multiplayer online role-playing game, which takes place in a 3D metaverse, accessible via PCs, consoles, or smartphones.
GensoKishi has been actively trying to increase its reach, recently teaming up with gaming legend Yoshitaka Amano to design its first NFT collection. Bringing in big names like Amano will appeal to the game’s community and helps to bring attention to the project, with a current total of registered community members at 270,000.
One unique feature of the GensoKishi ecosystem is the staking dApp, which allows users to connect their wallets to the site and stake MV on the Polygon (MATIC) chain. On top of that, users that stake more than 10,000 MV, will receive a “surprise NFT”!
MV token is currently trading at $0.57, down 3.39% in the last 24 hours. The token is following a similar trend to that of the market at large, decreasing significantly in value towards the end of April.