KuCoin, a leading global cryptocurrency exchange, announces the launch of KuCoin Account-Bound Tokens (KABT), revolutionizing the concept of on-chain identity within the dynamic KuCoin Web3 ecosystem. Partnering with Mocaverse and Halo Wallet, KABT allows users to engage in rewarding missions and unlock exclusive benefits within the KuCoin ecosystem while seamlessly navigating different realms of the Web3 world.
KABT, issued on Polygon by KuCoin, represents an identity credential reserved for users who have undergone KYC verification. Upon minting KABT, users unlock a plethora of exclusive benefits within the KuCoin ecosystem and gain access to collaborative ventures with strategic partners. KABT transcends conventional identification, offering a gateway to a realm of privileges and opportunities.
At the same time, KuCoin introduces rewarding missions through its exclusive partnerships with Mocaverse and Halo Wallet, marking a significant milestone in the KABT journey. These esteemed platforms represent the inaugural partners collaborating with KABT, offering users unprecedented opportunities to earn rewards while contributing to the expansion of the KuCoin ecosystem.
- Hold KABT in Halo Wallet to earn Halo XP: Users can earn 2 Halo XP daily by holding a KABT in their Halo Wallet.
- Mint KABT and connect with Moda ID to earn Mocaverse Realm Points: By minting a KABT and connecting with Moca ID, users can earn 150 Realm Points on Mocaverse.
Mocaverse started as Animoca Brands’ first official membership NFT project, and has evolved into the marquee growth network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems across the Mocaverse Partner Network. By integrating KABT with Mocaverse decentralized identity Moca ID, users will gain access to Realm Points (RP), the PointFi system powering the whole Moca ID ecosystem. It empowers the broader Kucoin community to engage in various Web3 cultural and entertainment experiences, build up their on-chain reputation through active participation, and unlock a variety of benefits including digital assets, tokens, and both digital and physical goods.
Halo XP is Halo Wallet’s loyalty program designed to reward users for their engagement within the platform. Halo XP tracks users’ valuable actions on the platform and allows them to upgrade their NFT Pass level by accumulating points. In the future, Halo XP will be integrated into the token system, enhancing its functionality and value within the ecosystem.
“We’re thrilled to introduce KuCoin Account-Bound Tokens (KABT) and deepen our strategic partnership with Mocaverse and Halo Wallet with it,” said Johnny Lyu, CEO of KuCoin. “At KuCoin, we’re committed to pioneering innovations that enhance security and empower users. With KABT, we’re setting a new standard for interconnected ecosystems in the crypto space, while our collaborations with Mocaverse and Halo Wallet offer exciting opportunities for our community to engage, earn rewards, and contribute to the growth of our ecosystems. Together, we are facilitating the global free flow of digital value.”
KuCoin invites users to join the KABT revolution and experience the fun and benefits these interconnected ecosystems have to offer in the Web3 world. For more information and updates, stay connected with KuCoin on their social media channels.
