Kodoku Studios has announced the launch of its flagship project THE PIT; a next-generation NFT play-2-win arena that launches on November 30.
THE PIT is the first game of its kind, providing a competitive environment to pit the NFTs against each other in the form of a mock battle. The highly anticipated launch will feature 5,000 NFT creatures released in THE PIT, each with a unique and randomly generated set of stats.
THE PIT is home to four distinct species of PIT creatures – birds, insectoids, snakes and canids, each with a population of 1,250 NFT. The properties and attributes are distributed among each species with a potential of 150 billion variations.
Commenting on the launch, Kodoku Studios co-founder Hewie Rattray said, “We are extremely excited to present our flagship project to the NFT community; THE PIT will be a fun, immersive, and entirely new form of NFT gaming, featuring AI-controlled battles royals, scheduled betting, NFT V NFT battles, and huge prizes up for grabs. We can’t wait to be November 30 and welcome everyone to LA FOSSE. Good luck, have fun! ”
THE PIT will represent the pinnacle of NFT combat simulations – the game’s release is expected to coincide with the first mint. NFT holders can earn ETH as well as game accessories and merchandise with free entry. For the first season alone, Kodoku has committed to an unprecedented 100 ETH prize pool.
The project has received significant venture capital support from Pioneer Media, a publicly traded Canadian investment firm that actively invests in a diverse portfolio of startup to mid-market companies in the metaverse, including NFT games, as well as NFT. Investments, a UK public limited company which is specially designed to engage, partner, incubate and develop tokens, businesses and non-fungible rights.
The Pit will be minted on November 30 straight from their website, with an initial price of 0.075 ETH, and will be tradable on OpenSea shortly thereafter. Kodoku Studios has pledged to reinvest 50% of all revenue generated from the first mint and commercial royalties directly into the arena prize pools.
After the initial mint, THE PIT will expand its existing model with the addition of new game formats, including Race and Challenge modes. The latter will allow direct Player-to-Player (PvP) combat for pride, honor and ETH. Plus, NFT holders can run private off-stream games where they set their own prize pools – you can even bet your NFT itself!
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