Altcoins Talks - Cryptocurrency Forum
Learning & News => Tokens/Coins Offerings (ICO, IEO, etc.) => Announcements [ANN] => Crypto Reviews => Topic started by: cryptopediabd on October 24, 2020, 01:54:34 PM
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A non-fungible token (NFT) is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable. Visit Wikipedia post. (https://en.m.wikipedia.org/wiki/Non-fungible_token)
NFTs are getting progressively well known as they can be utilized to tokenize for all intents and purposes anything that can be made particular. Applications such as tokenizing extraordinary things in recreations works of art, jewels, personality, voting, dependability programs, provenance in supply chain are why individuals are progressively looking at NFTs as the another huge thing in blockchain usage.
Website (https://www.kingswap.io/) | Facebook (https://www.facebook.com/King-Swap-112444093946760) | Twitter (https://twitter.com/Defi_KingSwap/) | Telegram (https://t.me/kingswap) | Medium (https://medium.com/@defi_kingswap) | Discord (https://discord.gg/cq4ZvzT) | Instagram (https://www.instagram.com/defi_kingswap) | LinkedIn (https://www.linkedin.com/company/kingswap) | Reddit (https://www.reddit.com/user/Defi_KingSwap) | GitHub (https://github.com/KingLuigy/KingSwap) | YouTube (https://youtube.com/channel/UCAHiU9LLE3cDauSfTWIB97Q)
KingSwap could be a regulated DeFi based out of Singapore that's presenting a liquidity pool stage with fiat transformations. KingSwap’s high-yield liquidity stage offers broad staking rewards and computerized collectibles. The extend is based on Uniswap and set to dispatch in October 2020.
(https://miro.medium.com/max/770/1*R2VyV8CyZkXKqCP7xkPqtQ.jpeg)
KingSwap works with a model that has liquidity suppliers creating liquidity pools. This model offers a redistributed evaluating element that profitably smooths out. Here is that the manner by that KingSwap works.
King tokens square measure planned on High Yield Farming (https://www.kingswap.io/) & Staking disc Token Model, that square measure given as remunerations for liquidity mining. The symbolic at that time permits its holders to partake and stay longer within the administration of the stage and even qualifies them for remunerations.
Early Liquidity providers will earn tributes from Kingswap, migration of the liquidity pools. There will be some surprise for early supporters who purchase Kingswap NFTs (https://kingswap.io/) after the launch of KingSwap & also for early liquidity providers. Earn $KING tokens when you stake your $KING with us! Higher rewards earning from staking, and more merchant benefits such as: free spotify, Netflix etc.
(https://i.snipboard.io/W3e9d7.jpg)
One of the ways for the community to advantage from buying kingSwap NFTs (https://www.kingswap.io/), which is issuing 3 NFT levels - they are Knight Tier (https://opensea.io/storefront/kingtokennft-knight), Queen tier (https://opensea.io/storefront/kingtokennft-knight) and Knight Lancelot NFTs (https://opensea.io/storefront/kingtokennft-knight).
KingSwap defi (https://kingswap.io/) has also added some new Blockchain community-oriented features to the Uniswap's core design, which will help the offering to boom and provide user-friendly real-time benefits in terms of price curves and contributor rewards.
Author BTT username: cryptopediabd
Erc-20 Wallet: 0x506FC089c8A6b280e8A5cEec33070866eCc72A95
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I'm attracted by the low transaction fee and off-ramp fiat conversion. But I need to know if KingSwap has any buy back or token burn plans to help in driving the price on upward trajectory considering that it has a huge supply and the high-yield rewards can cause the market price to crash by whale LPs.
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I hope KingSwap delivers on its promises. While the token did very well in the first few days after listing on Uniswap, the price has really dipped. But I think the team is really working to develop the platform and grow the token price. I'm only concerned about their approach to this.
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Kingswap can be a very promising project like Uniswap but still now they can't show the revolution like Uniswap. I am still holding King tokens in the hope of something big pump if the team can implement their plan although team are working hard.