To find out even more about this project, check out our deep dive of Katana Inu.
What Is Katana Inu (KATA)?
Katana Inu is an open-world Battle Royal play-to-earn game that promises to mix up the GameFi space with high-end graphics, photorealistic visuals, usable 3D characters, and weapon models that can be minted as NFTs. Players will be able to enjoy all the features of classic play-to-earn games like hunting and discovering loot boxes they can sell on the games marketplace. Moreover, users will be able to participate in monthly tournaments, and follow games via streaming on Twitch and YouTube.
In that sense, Katana Inu aims to provide a game that combines DeFi elements with classic gaming, or as it says in the whitepaper: “We want gamers to not only enjoy gaming, but also participate in trading.” Another element central to Katana Inu is its NFT marketplace, where players will be able to trade in-game items like skins, caps, special powers, and characters.
Katana Inu follows a four-stage development roadmap that will see the release of its Beta version on PCs as its final development milestone. Along with developing the main game, Katana Inu also plans to implement charity concepts for animal welfare, green living, and poverty reduction.
Who Are the Founders of Katana Inu?
The team behind Katana Inu is called Chainvision, a group of German developers that assembled to create this game. The four core team members have experience with sales and e-commerce and are backed by several crypto VC funds such as BlueZilla. In total, Katana Inu lists more than two dozen backers on its website.
Furthermore, Katana Inu boasts an impressive array of advisors, such as Wulf Kaal, the co-founder of DEVxDAO, Ian Scarffe, a highly reputable blockchain expert with two decades of fintech experience, and Timo Trippler, an ICo advisor.
What Makes Katana Inu Unique?
Katana Inu targets the high-end blockchain game spectrum and aims to set itself apart with its superior graphics and intricate gameplay design.
Players will be able to earn an income through Katana Inu by engaging in one of its several gameplay modes. Battle Royale is the game’s centerpiece, where up to 100 players square off in a player-versus-player battle for in-game items and KATA. Other gameplay modes the developers promise are tournaments, races, and five-versus-five battles, although they have not provided more details on how these will work.
The native NFT marketplace will act as the hub for trading NFTs, which will encompass pretty much all items in the game, from the main characters to the weapons they use. Thanks to this gameplay design, players are not merely collecting database entries while playing, but have a chance to monetize their hobbies by selling the NFTs on the marketplace. Moreover, staking will allow them to generate a passive income on their KATA holdings.
In addition to its game development efforts, Katana Inu has pledged support for charity initiatives that will preserve the rainforest, build orphanages and schools, and self-sustaining fountains in Africa.
Finally, Katana Inu promises to build up its best players as professional gamers by streaming their battles on Twitch and YouTube. The team vows to support the efforts of content creators by promoting tournament winners and their social media channels to gain traction. In this fashion, both Katana Inu and its players become a part of the network of existing traders and gamers and straddle the boundary between real life and blockchain gaming.
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Check out our deep dive into Katana Inu.
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How Many Katana Inu (KATA) Coins Are There in Circulation?
KATA is the game’s native utility token with a total supply of 50 billion according to the following distribution:
- Advisors (6%): linearly over 24 months
- Liquidity (5%)
- Marketing (6%): eight months cliff, linearly over 24 months
- Treasury (7%): six months cliff, linearly over 24 months
- Team (25%): six months cliff, linearly over 36 months
- In-game rewards (29%)
- Private sale (10%): two months cliff, linearly over eight months
- Public sale (6%): linearly over four months
- Seed sale (5%): two months cliff, linearly over five months
- Airdrop (1%): linearly over 12 months
How Is the Katana Inu Network Secured?
Katana Inu is built on an Ethereum sidechain to avoid gas fees and maximize the player’s experience. KATA is an ERC-20 token on Ethereum and a BEP-20 token on BSC. BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible.
Where Can You Buy Katana Inu (KATA)?
KATA is available on Hotbit, PancakeSwap (V2), ZT, BitMart, and Uniswap (V2).
If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.