PANGYO, South Korea–(BUSINESS WIRE)–NEOPLY, a blockchain subsidiary of NEOWIZ Holdings (KOSDAQ: 042420), has listed its cryptocurrency named Neopin (NPT) on a global crypto exchange MEXC on Feb. 28th, 2022.
NPT is a utility token and key currency on NEOPIN, an ‘open blockchain platform’ launched in February 2022 that offers a variety of blockchain services such as crypto wallet, P2E (Play to Earn), S2E (Service to Earn), and NFT (Non-Fungible Token). NEOPIN will continue its efforts to list NPT on major foreign and Korean exchanges.
NEOPIN celebrated its first listing on a global exchange by offering special events on its platform. For instance, the NPT reward rate for staking Klaytn (KLAY) and Tron (TRX) on NEOPIN has increased from 3% to 9% until March 31st. From March 3rd to 7th, AFO (Airdrop Farm Offering) will also be open for the purpose of forming an initial liquidity pool. AFO participants can receive NPT Airdrop when they deposit cryptocurrencies such as Ethereum in the pool.
NEOPIN’s first P2E game to be released is ‘Crypto Golf Impact’. Users can acquire ‘crystals’ and turn them into S2 tokens (in-game tokens), which can be swapped for NPT on the NEOPIN platform and then sold on an exchange. NEOWIZ aims to apply NEOPIN’s ecosystem to more P2E games such as ‘Brown Dust’ and ‘A.V.A.’
With its core vision of ‘connection’ and ‘expansion’, NEOPIN aims to release P2E services based on the Klaytn network including GameFi within the first quarter of the year, and NFT and S2E services in the second quarter. In the remaining quarters, NEOPIN’s goal is to expand into a shared growth platform through collaboration with a number of content providers and global enterprises.
“Starting with our first listing on a global exchange, we plan to list NPT on various exchanges home and abroad,” said the CEO of NEOPLY, Seung-heon Oh.
“Our objective is to create a healthy NEOPIN ecosystem by launching the AFO, achieving P2E milestones, strengthening development capabilities through recruitment of talented people, and to develop aggressive blockchain business plans.”