What is GensoKishi Metaverse (MV)?
GensoKishi Online Metaworld, often referred to as simply Genso, is based on the popular Nintendo Switch/PS4 game “Elemental Knights”. This award-winning game has been around for over 14 years. The project comprises a 3DMMORPG in addition to a 3D metaverse that allows users to connect from all over the world through any kind of device.
The three main concepts describing GensoKishi Metaverse are Free-to-Play, UGC-to-Earn, and Play-and-ECO. The first concept is quite self-explanatory. UGC-to-Earn, on the other hand, means that players can easily craft and sell their own NFTs, while Play-and-ECO means that users can sell the NFTs acquired during gameplay to others.
Besides, GensoKishi Metaverse users can participate in virtual concerts, talk shows, and other activities within the platform, without having to worry about physically attending. Instead, they can create avatars to represent themselves and interact with their followers from anywhere in the world.
The MV token is the utility and governance token of the Genso ecosystem. It has a lot of uses within the Genso Metaverse. Check out the live GensoKishi Metaverse price chart above to see the current and the previous MV price. However, apart from the MV token, the project also has the ROND token. The latter is a complete in-game currency that cannot be used elsewhere. ROND is mainly used for in-game payments, covering entry and challenge fees, strengthening equipment, and so on.
Use Cases of MV Tokens
For starters, the MV coin is used to purchase in-game items that can be utilized on all games available on the platform. This includes virtual land, NFTs, wearables, and so on.
Also, MV holders can purchase tickets to various events that take place within the GencoKishi Metaverse. These tickets come in the form of NFTs. Don't forget to check the GensoKishi Metaverse price chart. It features both – the current and the previous MV price.
Other uses include the MV coin staking which allows for a variety of benefits, such as governance rights in the metaverse, discounted prices on special equipment, and the ability to purchase powerful items otherwise unavailable.
Additionally, MV token holders may gain access to early alpha or beta testing (limited to those who own a certain volume of MV), special equipment generation (limited to those who stake a certain amount of MV), and auctions.
Finally, MV holders can also get the right for creating lands and monsters as UGC.
Who Founded GensoKishi Metaverse?
Maxi Kuan, the founder, and CEO, of GensoKishi Metaverse, gained an extensive background in blockchain-focused start-up consultancy before founding the company in December 2021. He is advised by Masaki Kato (former NHN PlayArt CEO) and Tokuhiko Uwabo (renowned video game composer), whose works include Phantasy Star and Alex Kidd in Miracle World. In February 2022, GensoKishi hosted its first NFT auction with SoulZ as its initial partner. They were also one of the first to create a world within the metaverse. Moreover, other partnerships that have been made include Samurai Guild Games, Sakura Guild Games, and Hyrule Guild Games.
MV Tokenomics
The maximum supply of MV tokens stands at 2 billion. 22% of the supply was allocated to the team, 6% to advisors and collaborators, while the ecosystem got 28%. Moreover, 5% of the tokens were allocated for private and public token sales, 27% was kept for liquidity, and 12% was kept for marketing purposes.
Planning to acquire MV coins? If you are, check out the aforementioned GensoKishi Metaverse price chart. It will help you to make better purchasing decisions.
