KAPS is a relatively new BSC token. The team based it on the BEP20 standard, which offers many advantages, including a solid price range. Token holders will be able to participate in the Kaps platform’s governance. Active community members will also earn rewards and get fee cashback.
The company launched the KAPS token’s ICO on January 1, 2023. The sale will end on January 31, 2023. 1 KAPS is trading for 1 USD currently, but its price will likely increase after the initial coin offering ends. The total supply of tokens is 50.000.000. however, only some percentage is available at this stage. The platform accepts ETH, BTC, DOGE, LITE, and EURO in exchange for its native utility coins.
The team will use all proceedings collected via its ICO sale to create a reserve consisting of stablecoins (BUSD). The project aims to expand this reserve pool in the future continuously. It will move 60% of all future transaction fees to the reserve. Moreover, the company will sell the KAPS collected through exchange fees. It also plans to allow investors to swap their tokens directly to BUSD.
KAPS wants to offer its users as much transparency as possible. The company will publish regular reports about the current backing reserve. It also invites a third-party company to audit the reserve at regular intervals. That will ensure the highest degree of decentralization.
Furthermore, this project is based on blockchain technology. The BUSD reserve will only authorize outgoing transactions with the custodian’s approval. The company aims to provide top-notch security. It will ensure that customers’ funds are safe from scammers and hackers.
The KAPS token holders can vote on important decisions about the project’s further development. Users have to pay transaction fees, but they are low.
What About The Kaps’ Features?
The Kaps platform is a modern, advanced exchange. The project enables customers to access the first cryptocurrency and blockchain discussion forum. Besides, they will get token rewards for participating. The rewards mostly come in the form of KAPS tokens. The company applies a transaction fee of 1%. However, it splits this amount between the Reserve and Reward pools.
Moreover, the total supply of KAPS is limited. It will never increase. That means the token’s price will soar over time. The company will eventually distribute all tokens via the initial coin offerings. It will swap raised funds (except the development costs for the discussion forum) to BUSD and store the proceeds in the Reserve. The team also plans to exchange the KAPS collected via transaction fees on various marketplaces for BUSDs. The company will store the latter in reserve, which will grow gradually and increase the KAPS token’s price floor through a provable reserve.
SuperFoodz Is Another Promising Project. What Does It Offer?
SuperFoodz is a decentralized impact organization that has already attracted investors’ attention. It has a serious mission – to offer salvation for hunger worldwide. The company wants to aid the people who most need it. With that goal in mind, it created its loyalty token – SF. Investors who purchase these coins can use them for various purposes. Multi-use functionality is handy, allowing users to join the SF community and generate positivity and abundance for struggling nations worldwide. This platform is for both giving and receiving.
The team launched the SF token’s ICO sale on December 2, 2022. It will end on February 10, 2023. The total supply of tokens is 500,000,000. According to the company, 40% of SFs will go to charity, 3.2% will be set aside for presale, 20% will go to marketing and Admin, 26.8% will be for CEX, and 10% will go to DEX. The platform accepts ETH, BNB, and MATIC in exchange for SFs.
SuperFoodz created a Web3 ecosystem that will offer its community members the company’s nutritional food. It will also use SF utility tokens, NFTs, and P2E games to incentivize customers. Those, who love live VegeVerse entertainment and performances, will enjoy this website. And their contribution when they purchase SF tokens will enable the team to aid in solving world hunger.
According to statistics, almost 9 million people die of hunger annually. While eliminating this problem will be difficult, if not impossible, at this point, the company aims to significantly reduce the number of people who suffer from hunger worldwide.
How Can The Token Holders Use SF?
SuperFoodz is a unique utility token. Project participants can use it to provide basic nutritional support to those most in need. It will also enable the company to create a digital environment for a like-minded worldwide community. To attract more members, the team will offer various enjoyable activities.
Blockchain technologies have so many advantages, and SuperFoodz wants to use them for the greater good. Its platform will encourage social engagement, metaverse performance presentations, learning, and other events. It will also introduce artistic collectibles and offer token loyalty holders various member opportunities.
While the underlying driving mission of this project is combating hunger, the overall SuperFoodz environment is framed around: Learning, Interactivity, Betterment, Inclusion, Empowerment, Enrichment, Positivity, and Advancement. According to the team, the unique utilities of the SF token are guided by these principles.
However, SuperFoodz’s main goal is to eradicate hunger. When people do not have steady access to clean water and healthy food, they eventually face serious problems. Hunger is an issue deeply rooted in cultural practices, local politics, society, and climate. But we can help our fellow humans who are suffering from it. After all, food is abundant in some countries, so much so that most of it gets wasted.
Even though the world hunger index lowered to 10.9% in 2020 from 24% in 1990, the current data shows that it is rising again. According to the World Health Organization, global hunger jumped by 9 M in 2018, from 811 M to 820 M.
Fortunately, there are many ways to help those people. SuperFoodz aims to eliminate hunger by working with local and global food banks, community charities, school systems, and grass-roots organizations.