Welcome to our asset called Kiverse token (Base Network)!

why blockchain?

With blockchain technology at the core, we ensure not only the utmost accuracy but also unparalleled security for your funds. Blockchain is used to create pools (see page 5) for users to join the blockchain options of our games securely. The use of a token allows us to securely manage and execute a verifiable and transparent ranking system for players who wish to take their game to the next level.

What is our token?
$KIVR (Kiverse Token on Base Network) is the official cryptocurrency of Kiverse Games LLC, offering users a seamless and secure option within our gaming ecosystem. With 0% transaction fee, $KIVR enables gamers to participate in blockchain-enabled benefits by submitting a designated amount worth of $KIVR (depends on which game), competing in ranked matches with potential rewards (see page 5 of whitepaper). Additionally, $KIVR can be freely swapped for other popular tokens like USDT, USDC, and ETH on the Base network, providing users with flexibility and liquidity in their digital asset transactions.

What is a “pool”?

When we say pool, we are not talking about a swimming pool. In this instance, a pool is a blockchain contract which multiple users put a token into the contract for a specific gains or reason. In this instance, the reason is our games. For our games, there will be a blockchain option that allows user to put in a designated amount of $KIVR (designated by the game) and compete that month to be on the top of the leaderboards. Determined by the game, users in the top 40% or the WTA (winner takes all) will then be allocated the earned wins of the pool. Users then can claim their wins at any time with no expiration.

what is “Staking”?

Staking is a type of blockchain pool that we explained on page 5. For our token, We have added a staking contract as well as our gaming pool. How does it work? Users can send $KIVR to the staking pool, 1% of all game reward claims goes to users in the staking pool as $KIVR. “Stakers” can claim their rewards at anytime as well. See example on whitepaper.

Overview

$KIVR (Kiverse Token) is the official cryptocurrency of Kiverse Games LLC, designed to facilitate transactions and interactions within our gaming ecosystem.

It features a 0% tax rate, allowing users to seamlessly participate in blockchain-enabled options in game by sending $KIVR to the games gaming pool. Users can then compete in month-to-month gaming pools to win $KIVR rewards.

The gaming pool have a 3% tax levied upon claiming rewards. This tax is divided, with 1% going to the developer wallet for ongoing development, 1% allocated to staking rewards, and 1% burned to enhance token scarcity.

Moreover, users can opt to stake their $KIVR tokens in a staking contract to earn rewards generated from the 1% tax on game pools, fostering engagement and incentivizing participation. Additionally, $KIVR can be freely swapped for other tokens such as USDT, USDC, and ETH on the Base network, providing users with flexibility and liquidity in their digital asset transactions. Overall, $KIVR aims to create a vibrant and sustainable ecosystem within Kiverse Games, empowering users to engage, compete, and transact seamlessly within their gaming community.