Kava

Description

Kava is a cross-chain DeFi platform offering collateralized loans and stablecoins to users of major crypto assets (BTC, XRP, BNB, ATOM, etc.). It is supported by over 100+ business entities around the world, including prominent
crypto funds and major crypto projects like Ripple and Cosmos.

Problem Solved

Multicollateral Debt positions, Self issue loans; Users can instruct the platform to issue loans to themselves, Create a Stable coin; The loans are issued to the user in a USD pegged stable coin called USDX. It works by
desposting crypto, create CDP and create stable coin then close CDP then CDP auction and then crypto returned.

Token Use

Token will be used for the payments, transactions and for utility purposes across the platform

IEO Ended

23 Oct 2019

Total raised
$5,480,000 / $8,480,000

General info.

Token : KAVA

Token type : BEP-2

ICO price : 1 KAVA= $0.46 USD

Finite token number : 100,000,000 KAVA

Token Allocation : Private Sale Round 1: 30.05%, Private Sale Round 2: 5.02%, Private Sale Round 3: 4.93%, Launchpad: 6.52%, Kava Labs Shareholders: 25%, Token treasury: 28.48%,

Status : Whitepaper is ready.

Accepted currencies :: USD, BNB

IEO

Date: Oct 23, 2019
Cap: 3,000,000 USD
1 KAVA = $0.46

Private Sale 3

Date: Aug 15 – Aug 30
Cap: 1,970,000 USD
1 KAVA = $0.40

Private Sale 2

Date: Jul 15 – Jul 31
Cap: 1,260,000
1 KAVA = $0.25

Private Sale 1

Date: Jun 15 – Jun 31
Cap: 2,250,000 USD
1 KAVA = $0.075

Team Members

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Ruaridh O’Donnell Linkedin Icon and Link

Blockchain Dev Lead

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Scott Stuart Linkedin Icon and Link

Product Manager

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JKevin Davis
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Lead Engineer

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Stan Press
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Head of Marketing

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Aaron Choi
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Head of Business Development

Advisory Board

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Sunny Aggarwal Linkedin Icon and Link

Advisor

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Terry Chen Linkedin Icon and Link

Advisor

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Roderik van der Graaf Linkedin Icon and Link

Advisor

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Robert Leshner Linkedin Icon and Link

Advisor

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Brian Fabian Crain Linkedin Icon and Link

Advisor

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Jack Zampolin Linkedin Icon and Link

Advisor

Investors


Lemniscap logo

Arrington logo

TokenResearchLogo

DAF logo

dokia_capital

ChainLayer logo

Chorus logo

Cosmos logo

Figment network

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SNZ logo


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