About IEO & Funding Rounds KYVE Network

IEO on Gate.io Startup. Details:

• Start time: 2023-08-06 10:00:00 UTC+3 
• End time: 2023-08-07 10:00:00 UTC+3
• One Share: 20 USDT
• Allocallation / Share: 133.3334285 KYVE
• Total Shares: 3500
• Raise: 70,000 USDT

KYVE’s native token, $KYVE, is an essential part of the blockchain, permitting decentralization, chain and protocol security, network incentivization, and more. The more $KYVE tokens staked on the KYVE chain and protocol, the higher the network security will be. On the chain level, $KYVE is used for staking and delegating, securing the network through Proof of Stake; On the protocol level, $KYVE is used for funding, staking, and delegating, providing security for uploaded data. On the governance level, $KYVE is used for submitting and voting on proposals, allowing stakeholders to have a say in the evolution and growth of KYVE.