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2358
Market Cap
$ 285.52B
+1.86%
24h Spot Volume
$ 7.92B
+21.4%
BTC Dominance
60.02%
-1.39%
Kadena [KDA]
 
Rank: 493
Coin
Blockchain infrastructure
$ 0.254
0.42
Ƀ 0.0000273
-0.02
Ξ 0.00104
-2.17

Kadena (KDA) is a utility token that is used to pay for computation on the Kadena public blockchain.

Kadena KDA ICO Review

ICO is ended: 4 Nov — 22 Nov 2019

ICO price

$ 1.00

ROI since ICO

USD: 0.25x  (-74.6%)

ATH ROI since ICO

USD: 0.49x  (-51.2%)

Hard Cap

$ 10,000,000

Lock-up

no lockup

IEO is ended: 4 Nov — 22 Nov 2019

IEO price

$ 0.500

ROI since IEO

USD: 0.51x  (-49.3%)

ATH ROI since IEO

USD: 0.98x  (-2.5%)

Hard Cap

$ 10,000,000

Lock-up

one year lockup

Private is ended: in the Past

Private price

$ 0.750

ROI since Private

USD: 0.34x  (-66.2%)

ATH ROI since Private

USD: 0.65x  (-35.0%)

Raised

$ 12,900,000

Private is ended: in the Past

Private price

$ 0.500

ROI since Private

USD: 0.51x  (-49.3%)

ATH ROI since Private

USD: 0.98x  (-2.5%)

Raised

$ 2,250,000

Kadena ICO was conducted from 4 Nov to 22 Nov 2019 by the project team from United States.

At the $ 0.488 ATH price on 6 Jun 2020 investors were able to sell this position with 0.49x ROI in USD.

The Kadena coin is now trading at 0.25x in USD from the ICO price.

ICO token price was $ 1.00.

Token economics

Total Hard Cap

$ 35,100,000

Total Raised

$ 15,150,000

Token allocation

Total supply:
1,000,000,000
Private/Pre-sale:
9,675,000
(0.97%)
Public sale:
10,000,000
(1.00%)

Short review

Team from

United States

Token role

Utility

Additional links

About ICO Kadena

Kadena (KDA) is a utility token that is used to pay for calculations on the Kadena public blockchain.

Kadena Public Blockchain is a high-performance PoW system that incorporates the benefits of Chainweb technology. The Kadena platform combines public apps, private blockchains, and other compatible blockchains in one place. Traffic goes to high-speed equipment at the Kadena Center.

KDA is a token that is used as compensation for miners. Also, it is a fee that users pay for including their transactions in the block.

Applications that process transaction volumes on the Kadena high-performance scalable network execute smart contract code using the Kadena token. As more and more applications join or interact with the Kadena network, the number of smart contracts performed and the token utility will increase.

The main distribution of coins occurs through mining. There is a genesis block with distributions for investors, investors, and platform reserve. Existing coins can be:

  • directly transmitted between users
  • used to create new smart contracts,
  • used to pay for the cost of gas when fulfilling smart contracts.

Kadena smart contracts are written in the Pact language.