How $KOKO Hit a Market Cap of $1.46 Billion

In the crypto space, innovation is the only thing that can put a face on a new company on the map and keep an existing one in the race. In the highly crypto space, KokoSwap has managed to stay ahead of the game because of its unique approach to combine NFT trades and blockchain gaming.

This unique approach has helped KokoSwap reach a market cap of $1.46 Billion within a short period. Moreover, KokoSwap has always been enthusiastic in managing and organizing various events, including "Social Knockout," the first-ever sports event to be funded entirely by cryptocurrencies. KokoSwap also sponsored other events such as performances by Sunidhi Chauhan and Wayne Brady.

Let’s take a quick look at the current stats of the $KOKO token at the time of writing, according to CoinMarketCap.

How did $KOKO achieve this feat?

These statistics are impressive, to say the least, and KokoSwap must be doing something right to achieve that. KokoSwap has taken several steps to ensure FOMO and incentivize the use of $KOKO tokens. KokoSwap is powered by three products, KokoAvatar, KokoStake and NFT Gaming.

KokoAvatar

KokoAvatar is an invite-only celebrity NFT platform that lists NFT collections from famous artists, influencers, actors, etc., from all around the world. It also lists some of the rarest and exclusive NFTs that users can bid on to get a hold of these NFTs.

KokoStake

To ensure that the $KOKO token remains deflationary and incentivizes holding, KokoSwap has developed a staking platform KokoStake where users can stake $KOKO or $ETHER to diversify their income streams. KokoStake offers an impressive APY and an excellent passive income source.

NFT GAMING

NFT Gaming is a decentralized gaming marketplace where game developers from all over the world can upload their games. It offers a fun and decentralized crypto gaming experience to all users by allowing them to play with unique gorilla characters.

While all of the above three products add immense value to the Koko Ecosystem, they are not the only factor determining $KOKO token’s success. KokoSwap, as previously mentioned, has been proactive in organizing events. Apart from Social Knockout, KokoSwap also partnered with CocaCola Arena Dubai to host performances of artists such as Sunidhi Chauhan and Wayne Brady.

Apart from that, KokoSwap will also be hosting Social Knockout 2 and a night with Jubin Nautiyal. Social Knockout and Social Knockout 2 is a crypto-exclusive event where every ticket or memorabilia can only be purchased using a $KOKO token.

Learn more about KokoSwap at https://kokoswap.org/.

KokoSwap is a unique product that combines the excitement and thrill of Nft gaming with the magic wonders of and decentralized finance. https://kokoswap.org/