What is kittieFIGHT? Complete set of cryptocurrencies kittieFIGHT

Serial series of articles about me Coin and Token. Today, let’s learn about the kittieFIGHT (KTY) project, one of the new Dapps being discussed recently and Token Sale in the near future!

In this article we will learn about 3 main parts:

What is the kittieFIGHT, what are the project’s ideas and products?
Relevant information about the main token of the project that we invest in?
Finally, we will combine the above factors to review an overview to see if KTY Token is worth investing or not?

What is kittieFIGHT ?
Kitty fight is a game where cats/kittens fight each other based on crowd-based actions. Just like how the cheering crowd at a boxing match motives boxers to box, in the case of kittyFight, the crowd bet on each kitty they are in support of, causing their kitty the other opponent. The people/crowd choose which cat to bet on, resulting in action on the part of the chosen cat. The actions are random bets placed on the blockchain. The outcome of the betting results of each crowd participant causes events emitted from the blockchain api service to the front-end/UX resulting in kitty animation actions (punching, scratching, etc). The actions result in damage which is reflected in the opposing cat through vibration and or shaking or blocks.

When there is no action for 10 seconds [No events emitted from blockchain for 10 seconds], there are simulated actions called “idling actions-with sound and reaction” that are carried out by each kitty in turn. Basically, during the idling cycle kitties shadow box each other, and dodge the actions/hits with a slight ducking, but keeping the game interactivity and continuity going, to keep the game enjoyable without actual damage. The winner of the game is the kitty that sustained the least damage.

KittieFIGHT adds utility for Cryptokitties users and cut down on the oversupply of kitties on the Cryptokitties platform. It is also an interesting experiment in gamified demand in a Token economy utilizing a utility ERC 2O token called KTY, which is tightly integrated with with UNISWAP AMM. KTY has various fee burning and spending needs for game participation, without the need for users to directly hold KTY.

Game Engine

• Combat MMO game for Cryptokitties users.
• Game jackpots backed by Lending Protocol.
• Players drive combat by betting ETH.
• Games yields 10 times initial ETH jackpot.
• Gamified KTY Token demand economy with UNISWAP AMM.
• Decentralized Governance using Aragon DAO.
• Weekly yields to lenders, DAO stakers and game winners.
• UNSTOPPABLE, PROVABLY fair and TRANSPARENT Ethereum Dapp.

Problem Auction
Dubbed the KTY Dutch auction, this event will precede the KittieFIGHT volcano yield farming, where participants will get the chance to set the price of KTY by sending bids. This will help determine the cost of KTY by choosing the least possible price after the bidding period is over, and each participant will get to buy the tokens at that price, no matter how much they had initially bid.

If it sounds confusing, let’s try and break it down. At the beginning of bidding, a certain number of KTY tokens are set aside to be sold by auction. Bids will start at 0.00542 ETH right now, equivalent to $1.94, and the minimum bid price will be 0.00082 ETH/$0.29.

As the bidding period takes place, the price will gradually decrease towards the minimum bid price. For example, there is a chance early bidders will start their bids at $1.94, but as time runs out, others will enter at a different interval like $1.80, $1.49, $0.99, and so on since the price is dropping with time. Once the bid period is over, the actual sale will take place.

The exciting thing is if the available tokens run out, let’s say at $0.80, it doesn’t matter how much you had bid, but everyone will get the KTY tokens for $0.80. The total number of tokens set for this event is 4,000,000 KTY, and the bidding process will end in three weeks.

HTY token infomation
The KTY Dutch Auction is the initial KTY distribution preceding Kittiefight Volcano Yield Farming launch that incentivizes on-chain liquidity. Users get to set the price off KTY by sending bids during a 4 week bidding period.

Users can then receive more KTY utility tokens and SDAO for providing KTY and WETH, ANT, yDAI, yYFI, yyCRV, yaLink, aLend, aSNX, aYfi, 2key, GNO, yETH, SDAO, token pairs liquidity on Uniswap tapping into potentially +$1.7 B USD worth of governance power without risk of impermanent loss.

• Token Name: Kittiefight Token
• Ticker: KTY
• Blockchain: Ethereum
• Contract: 0x976F035dd2Bc70f0dc399EAEd61090cDADeE15B6
• Token type: Utility .
• Token Standard: ERC-20
• Total Supply: 100,000,000 KTY
• Circulating Supply: Not yet circulating in the market

Token allocation will be as follows :

Game Reward Issuance: 65,000,000 HTY

Team Allocation (Vested) : 15,000,000 HTY

Reserved / Private : 9,000,000 HTY

Partners : 3,000,000 HTY

Community Participation : 1,000,000 HTY

Yield Farming Program : 7,000,000 HTY

KittieFight is surely a welcome addition to the growing numbers of DeFi projects. It also opens opportunities for investors to earn by being a Lender. Through the program, the lender can earn up 20–70% rolling compounded interest in a week.

KTY Yield Farming.
The KittieFIGHT Yield Farming Volcano Faucet distributes KTY and SDAO tokens to Yield Farmers who provide liquidity on Uniswap V2 while staking uniswap liquidity pool tokens in the Volcano yield farming contract. The more liquidity you provide, and for longer, over 6 months program duration, the greater share of the KTY and SDAO token pools you receive. 7% (or 7,000,000 ) of the total fixed KTY token supply and 7% (or 7,000,000 ) of the total fixed SDAO token supply is allocated to the 6 month program duration. 10% (700,000 KTY & 700,000 SDAO) of the program allocations are auto awarded to yield farmers who participate within the first 7 days of the volcano program launch, and as long as they continue till the end of the program duration.

Another means to earn is through yield farming with Kittiefight Volcano. It incentivizes on-chain liquidity wherein users can receive KTY and SDAO tokens providing KTY and WETH, ANT, yDAI, yYFI, yyCRV, yaLink, aLend, aSNX, aYfi, 2key, GNO, yETH, SDAO token pairs liquidity on Uniswap. This will make possible the tapping of +1.7B USD worth of governance power without the risk of impermanet loss.

The future of KTY Token
KittieFight makes Defi process on the Ethereum Blockchain unique and faster.Along with the development of the Ethereum ecosystem, I believe KittieFight will also develop.

Summary
The KittieFight project is a project full of potential and offers its users unique products, if you are a potential investment opportunity seeker consult this project, it will not disappoint.
With KittieFight you can now make money and play at the same time or become a lender to investors looking for a potential investment.
For more project details, you can visit their website here . I’m pretty sure you’ll find more interesting details about this project and you will be tempted to be a part of the project.

For more information please visit links below:

Website: https://www.kittiefight.io

WPP: https://www.kittiefight.io/whitepaper

Bitcointalk Account: https://bitcointalk.org/index.php?topic=5279183.0

Twitter: https://twitter.com/kittiefightHQ

Telegram channel: https://t.me/Kittiefight_ANN

Facebook: https://www.facebook.com/KittieFight-110975747423209

Reddit: https://www.reddit.com/r/kittiefight

Telegram Group: https://t.me/KittieFIGHT_DeFi

Author

Bitcointalk Username: tunaduong

BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2402029

EthAddress: 0xe2986AfB2693c5C7Df082d9CA096927CaC864b55