Kirobo NFT Covers Gas Fees, Offers Users Multiple Perks

Web3 decentralized application developer Kirobo introduced a collection of 10000 utility non-fungible tokens (NFTs). These will enable their holders to have multiple perks on Kirobo and  Liquid Vault. For example, all NFT holders in the platform that (only covers/pertains to transactions done whilst in holding one such NFT in your LiquidVault – those made prior are not covered) transactions on the Liquid Vault can experience a gas fee reimbursement. 

The Liquid Vault is a non-custodial on chain wallet with unique security features enabled by conditional transaction technology. 

Asaf Naim, CEO and Co-Founder of Kirobo explained, 

NFTs are more than a modern way to sell art. Their versatility opens the door to unlimited use cases. Our NFTs are not just symbols for the community to bond over. Besides highlighting our commitment to slashing the amount of crypto people lose through erroneous transactions, they’ll give holders a tangible benefit that only grows over time, and reward them for the very activities they do on a daily basis.

Furthermore, the platform has its native token — $KIRO. This token will play a major role in covering the users’ gas fee in the network. There will be a limit in covering users fee that will be denominated from 2500 to 100000 KIRO tokens. The limit will be specific to every individual token, however, holders can raise increase the limit over time by simply using Kirobo’s Liquid Vault gamified use-to-save feature. The platform will allocate $100,000 worth of $KIRO for gas fee reimbursements.

Moreover, the platform also features Kirobo’s Safe Transfer service. This technology provides  an ‘undo” button that will enable users to make up to 10 safe transfers per month. It also allows users to review up to the last 20 of their transfer transactions. 

Tal Asa, CTO and Co-Founder of Kirobo stated,

Kirobo NFTs help crypto enthusiasts trade more without losing out on gas fees. Their usefulness will only grow with time, and the more active the holders are, the better returns they’ll end up getting. This in itself is a perfect arrangement for a seasoned trader, and the extra perks in the Liquid Vault that the NFTs bring to the table add another layer of utility that users are sure to appreciate.

On the other hand, Kirobo will release NFTs in stages. First, enabling minting at a discount in early April. Second, Kirobo will offer the tokens to the public at a regular price. In addition, the users of the network will be able to mint NFTs from their Liquid Vaults and will be able to trade them on external markets.

In the future, the company will introduce more exclusive rewards, benefits and opportunities for NFT holders. The perks will include proof of membership that can be used in private clubs.