Axie Infinity and CyberKongz collaborate, giving away free NFTs to Mystic Axie holders.
š„ CyberKongz will launch a new NFT collection called Genkai on July 27, with some of the tokens created on the Ethereum Sky Mavis sidechain, namely Ronin.
š„ Genkai is an anime inspired art collection and is the next edition of the CyberKongz brand.
š„ The total supply of Genkai tokens is 20,000, of which 4,000 will be available on Ronin via Sky Mavis' NFT marketplace Mavis Market.
š„ Every Mystic Axie holder will receive a prize in the form of NFT Genkai according to the number of Mystic Axie owned. Mystic Axie is an Axie Infinity NFT with rare characteristics.
š„ CyberKongz token price and trading volume experienced a decline due to the prolonged bear market.
š„ Axie Infinity remains the best-selling NFT collection of all time with over $4.2 billion in sales volume.
š„ In addition to the 4,000 Genkai NFTs on the Ronin network, another 16,000 tokens will be available on the Ethereum Mainnet.
š„ CyberKongz is also based on Ethereum and plans to develop games featuring Genkai with the help of Ronin.
