A cryptocurrency is basically a digital currency that is protected by cryptography, making it impossible to counterfeit or spend twice. Throughout the crypto industry’s 13-year existence, numerous crypto gems have emerged and demonstrated their viability by providing early investors with substantial gains. KuCoin, the leading altcoin exchange, is the best place to look for the next crypto treasure. It is known as the home of cryptocurrency prices and mining pool because of its exclusive token launch platform, KuCoin Spotlight. It distributes the brand-new tokens of potential early-stage projects to users and raises funds for them. You will learn everything about KuCoin Spotlight in this article. On the other hand, KuCoin is a well-known brand in the cryptocurrency industry because it has successfully established itself as a prominent one-stop shop for all crypto-related activities. Sent off in August 2017, the trade has north of 200 digital forms of money, more than 400 business sectors, and has initially developed into one of the most vivid crypto centers on the web.
How does KuCoin Spotlight work?
Spotlight is a KuCoin token launch platform that allows users to participate in the early investment of preferred projects and gain substantial incomes with low thresholds by serving early-stage crypto projects and initial token distribution. KuCoin Spotlight, the leading altcoin exchange, employs stringent screening procedures to guarantee the high quality of the listed projects and their native tokens.
The Well-received Spotlight Projects
Victoria (VR) is an online metaverse of a massively multiplayer online role-playing game (MMORPG) with realistic graphics and an unrealistic engine powered by blockchain technology. Victoria VR transforms the world into an all-inclusive stage, and an NFT heaven where you can encounter travel, training, gaming, rest, diversion, trade, and ultimately live. The VR token can be used to purchase all virtual items in the ecosystem: tickets, resources, land, and NFTs. The token’s price increased 212 times following its debut on KuCoin Spotlight.
Cryowar is a multiplayer NFT game based on the blockchain developed using Unreal Engine 4 and the Solana network for PC, iOS, and Android. It forms a cross-platform, real-time PVP arena in which players fight fierce battles across multiple realms in a vast Sci-Fi Medieval game world.
The CRYOWAR game platform and ecosystem use the CWAR token as their utility. CWAR can be used to buy and sell Cryowar NFTs, the stake for stability rewards, and increase your chances of getting skin or item loot drops. The tokens increased by 169 times following its introduction on KuCoin Spotlight.
Chumbi Valley (CHMB) is a charming blockchain role-playing game developed with BSC and Polygon. Chumbi Valley is a lovable NFT animal that lives in a lush, enigmatic forest valley. Everyone is welcome at Chumbi, and you can begin your journey by being paired with a Chumbi ancestor. Helping your Chumbi run a farm and grow crops will earn additional rewards. NFT items can be made with in-game resources or using Chumbi automation spells offline.
CHMB is the Chumbi Valley’s primary token, and it will ultimately become deflationary, and players/holders will be encouraged to hold, bringing about a characteristic cost increment. CHMB had the best performance when listed on KuCoin Spotlight, with 129x.
ClearDAO is KuCoin’s 18th spotlight project, and the market for DeFi derivatives has primarily been dominated by it. ClearDAO is attempting to enter the DeFi derivatives market by developing the infrastructure for customizable derivatives.
The ClearDAO token, CLH, is designed for governance and allows holders to vote on proposals and make recommendations. ClearDAO’s SDK is the ecosystem’s most important product, and once the roadmap is completed, members can suggest ways to improve or expand it. When it was added to KuCoin Spotlight, CLH saw a 73-fold increase.
Polkadex (PDEX) is a peer-to-peer, order book-based, decentralized cryptocurrency exchange for Substrate’s DeFi ecosystem. It serves as Polkadot’s Para chain and lets users trade crypto-crypto and crypto-fiat assets.
Combining the speed and convenience of centralized exchanges with the security of a decentralized design aims to address the shortcomings of traditional DEXs. In the Polkadex ecosystem, PDEX is the primary token. PDEX holders will have access to several great features, including high-frequency trading opportunities, trading bots, feeless transactions that can be verified, and more. The token’s value has increased by 20 times since its launch.