Genokishi up 26% in September as project rebrands to the GENSO metaverse
Japanese web3 MMORPG Genso Knights, based on the Nintendo and Playstation 4 game Elemental Knights, rose 26% in September amid rebranding. This project was relocated as his GENSO metaverse, and the game is now part of a larger metaverse. After hitting a low of $0.20 on September 19, the native token MV surged to $0.26 on October 2.
The project had a successful closed beta earlier this year and is gaining momentum after the second beta. release Players can convert mROND earned during the Open Beta into ROND at the end of the event. mROND is an in-game token and an off-chain token created to optimize game performance. The maximum mROND that can be withdrawn is 700,000 mROND.
Additionally, the ROND token is listed on Bybit, the first major exchange to list the token. A source familiar with the matter said it was “a milestone for us.”
crypto slate Speaking to the GENSO team, they say this list laid the groundwork for the next phase of GENSO’s evolution.
“Finally, the time has come to reveal the world view that we originally planned. Illusion Knight is not just a game.
According to the GENSO team, the concept of the GENSO Metaverse is to “bring together world-leading IPs, brands, and worldviews in Japan and around the world.”
Elemental Knights, the game upon which Illusory Knights is based, has been in development for 14 years. A person familiar with the matter told CryptoSlate:
“This developer has been in the field for over 20 years, so they have a long-standing connection with Japanese IP.”
Anticipation over whether new IP will be announced as part of the GENSO metaverse could be creating token buying pressure. The GENSO Discord has successfully received the rebrand with positive feedback and increased activity. No information about future partnerships has been announced.
