I've been on the look out for innovative projects and I saw KALP Network ($GINI). Some degens are referring to it as the world’s first permissioned cross chain ecosystem, that is like a fancy way of saying they want to blend public blockchain vibes with some thing regulators won’t freak out over.
The project is built for governments and big players, with focus on things like tokenized RWA's and digital public infrastructure. I'm stoked, but I’ll admit the permissioned part has me raising an eyebrow.
The project is running on Polygon with a 2Billion $GINI supply. The whole idea seems to be about connecting multiple chains and making liquidity work smoothly while keeping its partnerships with Avalanche and Manta.
The Kalp Network has this STOEX thing for trading tokenized stuff like real estate, and some sovereign state deals starting with The Gambia. I think it’s a big swing if they can pull it off, especially with the $300Million real estate pipeline.
I might decide to snag a small bag on BiingX tomorrow just to see where it goes. The regulatory angle could be huge for adoption, but I wonder how much decentralization you really get with a setup like this.
Who else is on the watch for KALP's $GINI? I am curious to hear your take on the project and its native token.