The token is on the BNB chain and is the governance token of the Getkicks ecosystem. The team behind it are dedicated to it remaining scarce through its burning mechanism and staking incentives. which uses a precise interplay of two native tokens with the other being the LACE token. Users of the token receive incentives from the Getkickcs ecosystem to create unique sneakers, display their Kick NFTs and move to earn. KICKS holders spend the token for boosts to increase their LACE earnings and improve their chances of winning higher rarity Kick NFTs while opening Kickboxes. Holders of the token can also receive a variety of staking rewards such as Kick NFT allocations. The governance token is the exclusive currency on the Getkicks NFT marketplace with a maximum supply of 5,000,000,000.
A Bit About GetKicks
The token was developed as part of the Getkicks sneaker collectible, a blockchain-based game in 2022. It serves as a governance token for the ecosystem where holders vote on proposals steering the direction of GetKicks. Holders of the token can stake it and receive rewards. The first adopters of the Getkicks ecosystem can move to earn the tokens per step, after reaching level 30 with exclusive M2E stamina.
GetKicks is another move to earn token that is like Stepn and Sweat Token, but runs on the BNB chain.CryptoLists.com
The token operates within the GetKicks community-owned project as a governance token, allowing holders vote on governance proposals and the direction of the ecosystem. It is one of the two tokens in the ecosystem with the other being LACE, an in-game token. The token can also be staked for rewards such as NFT allocations, KickBoxes, and LACE tokens. The staking model enables users to earn the governance token based on their APY which is boosted by holding a Kick NFT. It is also the exclusive currency on the GetKicks NFT marketplace. GetKicks' structured economy utilizes a sustainable and deflationary ecosystem. Burning the governance token is essential to this. A proportion of the transaction fee on the Getkicks NFT marketplace is burned. The token is also burned when its holders attempt to earn higher-rarity sneaker NFTs using lower-rarity NFTs. It is also burned when spending on multipliers. Early adopters of the GetKicks ecosystem can utilize an exclusive and free move to earn mode where they earn the token for every step. The temporary game mode is available to highly engaged users on GetKicks social channels that have reached level 30. They can boost these earnings by spending LACE.
Utility of GetKicks?
GetKicks utilizes the token for governing through voting rights on proposals to develop the ecosystem. Holders can also stake the token within the Gatekicks staking model to earn rewards such as Kick NFT allocations and LACE tokens. The staking model enables users to earn the token based on their APY which is boosted by holding a Kick NFT. Users can also move to earn the token per step. It is also the exclusive currency of the Getkicks NFT marketplace.
GetKicks Price detailsContract address: BSC.0xfEB4e9B932eF708c498Cc997ABe51D0EE39300cf
›› Details & Tokenomics
›› KICKS tokenomics and social media
Advantages of GetKicks+ Holders can earn staking rewards, including Kickboxes, Kick NFT allocations, and LACE.
+ You earn voting rights on governance proposals on the Getkicks ecosystem.
+ KICKS has a burning mechanism to control inflation of the token.
+ It facilitates the Getkicks NFT marketplace for users to access NFTs.
+ GetKicks is listed on a number of well-known exchanges.
Disadvantages- GetKicks is a relatively new token that is yet to establish itself.
- There are limited exchanges that support the token.
- It faces stiff competition from STEPN as a move to earn coin.
- The team behind KICKS is anonymous and displays single-named avatar.
- A relatively high transaction fee of 3% on the NFT marketplace.
Costs▪ Rated at 7.1/10
The token is the exclusive currency on the Getkicks NFT marketplace with a transaction fee of 3% of which half is immediately burned. There is also a 4% royalty fee payable to the creators of the respective NFTs. The fees on withdrawals depending on the payment method with also varying fees on exchanges.
Reputation and Buzz▪ Reputation rated at 7.4/10
▪ Buzz rated at 8.4/10
The token is growing in popularity amongst 'sneaker heads' by facilitating sneaker collections into a blockchain-based game. These enthusiasts now have the incentive to venture into Web3 with marathon tournaments and Kick NFTs which have great utilities.The gamification of the token's project appeals to various users to earn rewards through staking. The KICKS token's project encourages a healthy lifestyle where users can walk, jog, or run to earn the token as a reward. It provides a similar move-to-earn project to STEPN which gives it healthy competition. The token is listed in popular exchanges including MEXC Global, Huobi Global, and Kucoin. It was recently the top gainer on Kucoin highlighting its massive growth.
There are some concerns among users. The team behind the token's project is anonymous with its website only displaying avatars with first names as its team. This causes uncertainty about the validity of the project.
Where can the token be purchased?
The token is available in a number of exchanges that you'll find below.
What is the maximum supply of the token?
There is a maximum supply of 5,000,000,000 KICKS coins.
How do you earn the token?
Users can earn the token as bonus rewards for hitting their daily goals for steps taken. Players can also participate in various game modes including solo mode, club mode, tournaments, and PvP, and earn the token.
History of GetKicks
- Then token has an ICO in October 2022 that lasts for three days.
- It becomes the top gainer on Kucoin, showing a big buzz.