KlayCity Raises $3.75M in Seed Funding Led by Krust and Animoca Brands

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KlayCity is a LandFi metaverse based in 2080 on replicated earth. Built on the Klaytn network, players can use NFTs, $LAY tokens, and $ORB tokens and engage in various activities including scavenging, exploring, and leveling. The company also has a big plan to develop IP business in various fields based on KlayCity’s original story.

Land NFTs are created by dividing the land into districts based on actual population centers. Land NFT owners could stake their NFT to generate $LAY tokens every 30 days based on the level of Land NFTs, and can create new Land NFT by burning certain amount of $LAY and $ORB.

KlayCity successfully completed its Land NFT presale on February 10 at the price of 500 KLAY for each NFT. While being actively traded on OpenSea, District No. 684 reached the highest price of 120,000 KLAY on March 11. It was 240 times the original strike price – 500 KLAY, which reflects the deep investor and industry interest in the project.

With this capital from our investors and strategic partners, KlayCity will continue to build the virtual world with Land NFTs to allow users to have a totally different experience in the crypto space..” noted Jake ChoiCEO of Klaycity.

KlayCity offers a whole new experience in the LandFi metaverse across the world. Their new features will be unveiled soon during the first half of 2022.

About KlayCity

KlayCity is a virtual P2E world where district NFT owners can rule, explore and earn while enjoying the gaming experience. Built on Klaytn, KlayCity focuses on LandFi and NFT in one ecosystem.

Home page : https://www.klaycity.com

Twitter: https://twitter.com/klaycity

Docs: https://sns-sns.gitbook.io/klaycity/

Contact: [email protected] (Lara Kim, Public Relations Manager)

SOURCEKlayCity

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