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 governance of the Kaps platform. Active community members will also earn rewards and fee rebates.
The company launched the ICO of the KAPS token on January 1, 2023. The sale will end on January 31, 2023. Currently, 1 KAPS is trading at 1 USD, but its price is likely to increase after the initial offering of KAPS ends. coins. The total supply of tokens is 50,000,000. however, only a percentage is available at this stage. The platform accepts ETH, BTC, DOGE, LITE, and EURO in exchange for their native utility coins.
The team will use all proceeds raised through their ICO sale to create a pool consisting of stablecoins (BUSD). The project aims to expand this reserve pool in the future on an ongoing basis. It will move 60% of all future transaction fees to the reserve. In addition, the company will sell the KAPS collected through exchange rates. It also plans to allow investors to exchange their tokens directly into BUSD.
KAPS wants to offer its users as much transparency as possible. The company will publish periodic reports on the current backup reserve. It also invites an external company to audit the reservation at regular intervals. That will ensure the highest degree of decentralization.
Also, this project is based on blockchain technology. The BUSD Reserve will only authorize outgoing transactions with custodian approval. The company aims to provide top-notch security. It will ensure that client funds are safe from scammers and hackers.
KAPS token holders can vote on important decisions regarding the future development of the project. Users have to pay transaction fees, but they are low.
What about the Kaps features?
The Kaps platform is a modern and advanced exchange. The project allows clients to access the first discussion forum on cryptocurrencies and blockchain. In addition, they will get token rewards for participating. The rewards mainly come in the form of KAPS tokens. The company applies a 1% transaction fee. However, divide this amount between the Reserve and Reward funds.
Furthermore, the total supply of KAPS is limited. It will never increase. That means that the price of the token will skyrocket over time. The company will eventually distribute all the tokens through initial coin offerings. You will exchange the funds raised (excluding discussion forum development costs) to BUSD and store the proceeds in the Reserve. The team also plans to exchange the KAPS collected through transaction fees on various exchanges for BUSD. The company will store the latter in reserve, which will gradually grow and increase the minimum price of the KAPS token through a verifiable reserve.
SuperFoodz is another promising project. What does it offer?
SuperFoodz is a decentralized impact organization that has already attracted the attention of investors. It has a serious mission: to offer salvation for famine throughout the world. The company wants to help people who need it most. With that goal in mind, he created his loyalty token: SF. Investors who buy these coins can use them for various purposes. The multi-use functionality is useful as it allows users to join the SF community and bring positivity and abundance to struggling nations around the world. This platform is both for giving and receiving.
The team launched the SF token ICO sale on December 2, 2022. It will end on February 10, 2023. The total token supply is 500,000,000. According to the company, 40% of the SF will go to charities, 3.2% will go to pre-sales, 20% to marketing and administration, 26.8% to CEX and 10% to DEX. The platform accepts ETH, BNB and MATIC in exchange for SF.
SuperFoodz created a Web3 ecosystem that will offer the company’s nutritious foods to its community members. It will also use SF utility tokens, NFTs, and P2E games to incentivize customers. Those who love VegeVerse entertainment and live performances will enjoy this website. And your contribution when you buy SF tokens will allow the team to help solve the problem of 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 is aiming to significantly reduce the number of hungry people around the world.
How can token holders use SF?
SuperFoodz is a unique utility token. Project participants can use it to provide basic nutritional support to those who need it most. It will also allow the company to create a digital environment for a global community of like-minded people. To attract more members, the team will offer various fun activities.
Blockchain technologies have many advantages and SuperFoodz wants to use them for the common good. Their platform will encourage social engagement, metaverse performance submissions, learning, and other events. It will also feature art collectibles and offer loyalty token holders various membership opportunities.
While the underlying driving mission of this project is to fight hunger, the general environment of SuperFoodz is framed around: Learning, Interactivity, Improvement, Inclusion, Empowerment, Enrichment, Positivity and Advancement. According to the team, the unique utilities of the SF token are guided by these principles.
However, the main goal of SuperFoodz is to eradicate hunger. When people don’t have constant access to clean water and healthy food, they eventually face serious problems. Hunger is a problem deeply rooted in cultural practices, local politics, society, and climate. But we can help our fellow humans who suffer from it. After all, food is plentiful in some countries, so much so that most of it goes to waste.
Although the global hunger rate fell to 10.9% in 2020 from 24% in 1990, current data shows it is rising again. According to the World Health Organization, global hunger increased by 9M in 2018, from 811M to 820M.
Fortunately, there are many ways to help such people. SuperFoodz aims to eliminate hunger by working with local and global food banks, community charities, school systems, and grassroots organizations.