2070
Cryptocurrencies
$ 246.06B
Market Cap
$ 6.79B
24h Volume
63.62%
BTC Dominance
Kadena [KDA]
 
Coin
Blockchain infrastructure
Active till 22 Nov
Token Sale
$ 10,000,000
FundraisingGoal
Not Rated
Interest Rate

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

Kadena ICO Review

ICO is active: 4 Nov — 22 Nov

ICO price

$ 1.00

Hard Cap

$ 10,000,000

Lock-up

no lockup

IEO is active: 4 Nov — 22 Nov

IEO price

$ 0.500

Hard Cap

$ 10,000,000

Lock-up

one year lockup

Private is ended: in the Past

Private price

$ 0.750

Raised

$ 12,900,000

Private is ended: in the Past

Private price

$ 0.500

Raised

$ 2,250,000

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

ICO token price was $ 1.00.

Token economics

Total Hard Cap

$ 35,100,000

Total Raised

$ 15,150,000

Initial values

Market cap: $ 15,000,000
Circulating Supply: KDA 15,000,000

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.