Vietnam is one of the countries with the top number of people learning and using crypto in the world.
In fact, there have been many successful projects from Vietnam such as Coin98 or Axie Infinity. Today’s article will dive deep into a blockchain platform project from Vietnam, which is KardiaChain.
What is KardiaChain?
KardiaChain is the first decentralized interoperable and self-optimized blockchain infrastructure. We’re building a unified platform that combines all participants’ collective strengths to lay the foundation for the global masses’ adoption of this technology by providing easy access points such as transactions, data storage or application development.
The Kardiachain team is working hard to decentralize their existing solutions. Their approach helps KardiaChain reach millions of users without the immense cost associated in educating that market.
How does KardiaChain work?
The KardiaChain consists of 3 main components:
- Dual Master Node: Dual Nodes have simultaneous access to KardiaChain’s ledger data and another blockchain of choice. With consensus among them, they can carry any data between blockchains while preserving cryptographic proof.
- Elastic Sharding: ESWIM ensures optimal network security and performance. It maintains an appropriate number of Nodes and staking power in the Dual Nodes and mainnet through methods such as regulating block reward distribution.
- Smart Contract Markup Language: KSML is the ultimate tool for developers to efficiently deploy cross-chain smart contracts on KardiaChain without a significant learning curve or any prior experience. KSML aims to break the language barrier between different smart contract platforms.
What is KAI token?
KAI is the token of the Kardiachain blockchain platform. Previously Kardiachain launched on the Ethereum network and had an ERC-20 standard. KAI is now available on its blockchain network.
KAI can also be used for Staking when participating in Mining on KardiaChain.
Detailed Information about KAI
KAI Token Metrics
- Token Name: KardiaChain.
- Ticker: KAI.
- Blockchain: KardiaChain, Ethereum.
- Token Standard: ERC-20.
- Contract: 0xd9ec3ff1f8be459bb9369b4e79e9ebcf7141c093 (Ethereum).
- Token Type: Utility.
- Total Supply: 5,000,000,000 KAI.
- Circulating Supply: 2,613,000,000 KAI.
KAI Token Allocation
5 million of KAI tokens are distributed as follows:
KAI Token Sale & Release Schedule
KAI was sold at 0.0025 USD/KAI on Private Farm and 0.00144 USD/KAI on Startup Sale
- Private Sale: 6 months course, 10 months vesting.
- Startup Sale (Public Sale): No lock.
- Team: 12 months course, 24 months vesting.
- Advisors: 12-month course
The token release schedule is as follows:
How to buy KAI Token
You can buy KAI on these listed exchanges: Kucoin, Hotbit, MEXC.
Alternatively, you can use Coin98 Exchange to swap other tokens for KAI.
Learn more: How to use Coin98 Exchange
How to get KAI Token
You can participate in the network and become a validator to earn KAI in rewards. A minimum of 12.5 million of KAI is required to become a validator.
Alternatively, you can stake KAI to earn passive income with a yearly return of 9.1%.
How to store KAI Token
You can store KAI token on Coin98 Wallet with these steps:
Step 1: Open Coin98 Wallet & click Receive on the home screen.
Step 2: Search KAI Token.
Step 3: Click on the correct result, copy the wallet address and send KAI to this address.
Roadmaps and Updates
In the first quarter of 2022, KardiaChain will have a few important updates to strengthen their network such as:
- Web3 Integration
- Cross-chain NFT Marketplace
- 3rd Dual Node Network
- Increase validator nodes to 30 with 5M KAI
Team, Investors, and Partners
The team at Kardiachain is highly experienced in blockchain, technology and finance sectors. Especially, their Founder – Huy Nguyen – was a Teach Lead Manager at Google.
Kardiachain has been working with highly respected partners in the blockchain industry to accelerate the development of the project.
Is KAI a good investment?
This article has provided some of the main ideas related to the KAI token and its implications. Still, it is important to note that there are a few key points that investors should take into account before making investment decisions:
Kardiachain is a blockchain platform similar to Polkadot or Ethereum. Technically, it can be said that what Kardiachain has is quite superior to other blockchain platforms. However, we must look at the entire Kardiachain ecosystem to gauge how applications built on top of Kardiachain are performing.
Kardiachain’s ecosystem is developing quite well when there are quite different steps compared to other ecosystems. The first products that have appeared on Kardiachain such as KardiaChain Master Wallet or KardiaChain Dex will give users a good experience in the crypto market.
Moreover, with GameFi being one of the hottest trends in recent times in the market, there are already GameFi-related products built on KardiaChain such as Thetan Arena, Mytheria or My DeFi Pet. If GameFi continues to be a hot or expanding trend, KardiaChain will be a potential place for new projects.
You can find similar projects to KardiaChain through the analytic from Coin98 Analytics.
I hope you have gained all of the important information about KAI including its features and highlights throughout this topic.
If you have any questions about KAI or want to know more about KAI, please feel free to leave a comment below and join Coin98 Community for further discussions about Crypto.
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