The hype around Yaku Corp. and its Yakuverse is real, especially among the Solana community. The company has 3 NFT collections to date, along with their native cryptocurrency, $YAKU. Let’s take a dive into this metaverse and meet the Yakus.
Who is Yaku Corp. and what are they up to?
Yaku Corp. is developing a Web3 ecosystem where all Solana projects can join in. The up-and-coming metaverse project has dropped multiple NFT collections already. To kick off their ecosystem, they released the Yaku Engineering ONI-S01. These are playable and customizable motorcycles that can be used in Yakuverse later on.
With a kickass motorcycle comes the need for a rider. Yaku X is Yaku Corp.’s customizable avatar, ready to travel around this cyberpunk universe. At the time of writing, the floor price for a Yaku X sits at 2.3 SOL with a trading volume of more than 19k SOL.
Yaku Corp.’s third NFT collection on Magic Eden is Capsule X. This is the key to the Yakuverse, with a total supply of 7k. Each key provides holders with a capsule apartment in the metaverse where they can hang out, play games, customize and display their NFTs.
How to get $YAKU?
With a maximum supply of 500,000,000 $YAKU tokens, the team has various utilities for it. As such, the team wants to ensure that there is a well-thought distribution method from the get-go. In this ecosystem, $SOL can only be used to purchase cosmetic upgrades. Whereas the use of $YAKU is mandatory to add and upgrade weapons, motorcycle engines, etc.
To get the Yaku Corp. currency, you will need to stake your NFTs. Capsules, motorcycles, and avatars will give you different yields depending on their rarity. Holders with a complete set of 3 NFTs will get an additional 12 $YAKU tokens per day. Moreover, racing your motorcycles can potentially earn you some $YAKUs depending on your placing.
There will be more utility as Yaku Corp. continues to develop the ecosystem. This includes gambling, shopping, renting space and equipment, and even purchasing tickets to exclusive Yakuverse experiences. 10% of the proceeds from each expenditure will be burnt, while the rest will be split between the team, the partners, and the DAO wallet.
What can we expect in the Yakuverse moving forward?
Following the sell-out NFT collections, the team is rapidly building and expanding the Yakuverse. They are actively hiring top-notch team members to achieve their short and long-term visions. In Q2 2022, they plan to launch land sales and community access. They also plan to set up the YakuStore, with clothes, shoes, and accessories for the avatars and their bikes. Furthermore, there is an ongoing partnership to launch a downtown casino.
Subsequently, we should be able to see the Yakuverse map in Q3 2022. On top of that, the team is building a Mario Kart-type blockchain game. The community can then unleash their bikes and avatars in the play-to-earn game. During this phase, the team will hope to score some VCs to support their development.