CyberKongz will be launching a new token, KONG, to replace BANANA, with 2% of the total supply being airdropped to the Ethereum NFT community.
BlockBeats News, August 20, according to official sources, Ethereum NFT and gaming project CyberKongz announced the launch of a new token, KONG, as the liquidity layer of its ecosystem, fully replacing the original token, BANANA. The token will only be issued on the Ethereum mainnet with a total supply of 1 billion. BANANA can be converted to KONG at a 1:25 ratio (open at TGE).
The airdrop plan is to airdrop 2% of the total token supply to the Ethereum NFT community, details to be announced.
CyberKongz stated that KONG will integrate DeFi and NFT, introducing staking mechanisms, reward distribution, deflationary burning, and other functions. Future token distribution will be carried out quarterly through Kongz Hub, exclusively targeting Genesis holders, Baby holders, and KONG stakers.
You may also like
Gainers
Latest Crypto News
Injective: New Round of INJ Community Buyback Launching Tomorrow
STRK surges over 26% in the last 24 hours, currently trading at $0.224
The "Largest ZEC Short" on Hyperliquid Continues to Close Out Positions, Reducing Position Size by Approximately $8 Million
A PEPE whale, who once made over $36 million in profit, has bought 8.93 million ASTER tokens. The current unrealized gain is over $3.67 million.
BNB Chain Ecosystem RWA Card Platform SuperSuperRare Launches Gacha Point Leaderboard, with the first RWA asset being the Charizard card.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]