Korbit Updates Metaverse Platform 'Korbitown'... Introduces P2E Model
Points earned in Kobit Town can be exchanged for cryptocurrency rewards
Korbit, a domestic cryptocurrency exchange, announced on the 8th that it will carry out a major update of 'Korbit Town,' a metaverse-based cryptocurrency platform. (Provided by Korbit)
View original image[Asia Economy Reporter Gong Byung-sun] Domestic cryptocurrency exchange Korbit is introducing a Play to Earn (P2E) model that rewards participants for engaging in the ecosystem on its metaverse-based cryptocurrency platform.
On the 8th, Korbit announced a major update to its metaverse-based cryptocurrency platform, 'Korbit Town.' While the platform initially had a strong community aspect supporting chat and investment portfolio sharing when it launched in April, this time it will apply the P2E model. This update was carried out in collaboration with metaverse startup PitFunds, which played a leading role in building Korbit Town at its launch.
Users can move to the party venue within Korbit Town's village and participate in the 'Lucky Bag Club Party.' They can earn points by roaming around the party venue for a certain period or attacking other users. Points can be used to mine lucky bags within the party venue, which can then be exchanged for cryptocurrency rewards at the exchange.
Additionally, Korbit Town's access time has been shortened and pages improved to enhance accessibility. In the future, easy access will be provided through a mobile application (app). Furthermore, users will be able to display works purchased from Korbit's non-fungible token (NFT) market, and YouTube streamers will be invited to participate in Korbit Town, focusing on revitalizing the metaverse ecosystem.
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Sejin Oh, CEO of Korbit, said, "In Korbit Town, even people who have not used the exchange before can more easily experience cryptocurrency content," adding, "We will continuously add various content that can provide fun to customers beyond simple trading experiences."
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