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XIL, KOO, BIN, and KCT are Hot right now – DeFi market wrap

The NFT market is a relatively new but rapidly growing segment. In 2021 it increased roughly 10x compared to 2020. Furthermore, the segment achieved a significant mark of $1bn sold NFTs, while the total market cap of NFT-related tokens is over $30bn.

 

Even though the market is gaining strength faster than many analysts and investors anticipated initially, it’s still very new, so there are still many challenges and obstacles left that investors need to overcome.

 

For instance, the current NFT market lacks transparency. It is also unnecessarily complicated. However, buyers cannot select quality NFTs without proper guidance. Collectors and creators have limited options as well when it comes to the monetization of their collections. Such issues block millions of potential NFT investors and traders from properly participating in the market.

 

ProjectX decided to find solutions for these problems. The company aims to create a platform that will simplify access to the NFT market for investors and buyers and offer a secure option for monetizing NFTs for creators and collectors.

 

According to ProjectX, it will solve the problems by making NFT investments accessible, liquid, and secure through its unique dynamic NFT-pegged ETFs. Besides, the team plans to make NFT collecting more lucrative and beneficial for all by offering their liquidity mining, as well as rewards farming programs.

 

ProjectX is also launching its native token XIL on July 5. Traders will be able to buy tokens much cheaper during the initial coin offering. But once the sale ends, the price will likely increase significantly. XIL is an ERC20 token, and it seems to have strong potential.

 

How can investors gain with this platform? 

 

Investors can add their NFTs to the ProjectX’s pools and get fungible 1:1 backed ERC-20 tokens. That feature brings instant liquidity to the NFT owners, letting them convert their NFTs into any other digital asset almost instantly.

 

Furthermore, NFT owners can add any NFT they hold – there is no limit. Still, the company will accept only those that meet the benchmark in the pool. After submitting their NFTs, customers will receive a XIL token as a reward. They can stake, sell or swap XIL tokens.

 

KOO token is already available. What about its platform? 

XIL, KOO, BIN, and KCT are Hot right now – DeFi market wrap The Kooopa network launched its native token today. KOO is already on several Hot ICO lists. Its initial coin offering will end on July 9, 2021. Token price is 0.003 during the sale, and the company is accepting ETH and MATIC in exchange for KOOs.

The Kooopa network uses the power of blockchain decentralization to address circumvent barriers and inequities in the gaming industry. It also aims to make NFT accessible for everyone around the world.

The company offers its customers many interesting features. For instance, users can record live games with the Kooopa Kapture application and even convert the footage into NFT’s. The app will send them to the user’s wallet afterward.

Customers can also upload and convert raw image files to NFT’s or mint NFT’s using Kooopa Coins. Besides, fees are much lower on Kooopa than on competing platforms. The company also provides a “gamified” marketplace. That means users can make their NFT’s publicly viewable, as well as receive upvotes, and start their own auctions at the click of a button.

That’s not all, however. Using Kooopa Coins, artists and content creators can list their in-development projects for increasing their capital.

After that, other users can share and review these projects and contribute to the development by investing in the project. Investors also earn a percentage of the game or project’s revenue. Developers or content creators can generate their own branded Fan Tokens by using Kooopa Coins. Each such fan token will fuel the KOO Coin economy, though.

The company also offers some other core token utilities, such as esports tournaments and Events, video game investing and development, and NFT’s Betting for tournaments.

The team believes that KOO Coins will become the premium in-game currency for thousands of titles and tradable in-game Assets.

What about the Kooopa Vault? 

A percentage of each transaction on this network funnels to the Kooopa Vault. As a result, the network will eventually be run entirely by KOO token holders, using a voting stake.

Kooopa team wants to build a community-driven gaming network and power it with crypto. English venture builder, SSG management backs Kooopa coin. SSG specializes in connecting blockchain projects with funding, press, and networking solutions.

The total circulating supply of KOO tokens is 10 billion (10,000,000,000). Founders Allocation is 10%. That will include initial stakes for both the founding team and the advisory board. Another 10% goes to the Development Fund. The latter is for creating smart contracts, Code Audit, beta testing, etc. Marketing and Acquisitions will also get 10%. The team will use it for creating partnerships, community engagements, acquisitions, anything related to brand recognition and marketing.

And lastly, Community Offering and Growth Grants will also have 10% for the referral rewards program, airdrops, community services, rewards for token holders, and educational programs.

Buildin offers innovative projects along with its native token

XIL, KOO, BIN, and KCT are Hot right now – DeFi market wrap Buildin token is ranked high on several platforms. The company launched its ICO on January 1, 2021, ending on January 1, 2022. BIN is an ERC-20 token, and it is trading for 0.001 ETH during the initial coin offering. The platform is accepting ETH in exchange for its native tokens. The total supply of BINs is 100,000,000, but only 50,000,000 BINs (50%) are available for sale.

Founded in Turkey, Buildin offers people living spaces. According to the company, living spaces, including apartments, detached houses, residences, villas, wooden houses, and even kiosks, are developing and increasing as a model day by day.

However, it aims to present a pioneering perspective on identifying all the needs of human beings and producing unique living spaces according to people’s tastes and desires. The team works reduce projects to individuality, and as a result, produce the best structures. Furthermore, Buildin aims to create “Green Buildings.”

What are the benefits of such buildings?

According to the company, Green Buildings adds value to city life; they also have better quality. Creating such apartments minimizes the damage to their natural environment.

Besides, the company plans to build an environment for the use and development of sustainable technologies. It will ensure the utilization of wastes generated by excavation while also purifying the rainwater with a special technique applied on the roofs.

The buildings will alleviate the burden of the canal system thanks to the use of rainwater. Buildin will also use solar energy in the most efficient way possible. The surfaces of the buildings will be as green as possible, producing additional oxygen. Besides, insulation systems will reduce heating and cooling costs, along with carbon dioxide emissions.

The company has a well-developed roadmap, and its projects are already underway. It seems it already managed to attract the attention of various investors, considering its token’s high rate.

K-Chain is another platform with Hot token

K-Chain is one of the most popular e-commerce platforms. It has launched its native token’s ICO on March 13, 2021. Thanks to its fascinating features, the company is receiving massive responses across the world from crypto enthusiasts.

K-Chain is the first platform that offers the benefits of e-commerce platforms along with the advantages of blockchain technology. Its KCT is an ERC-20 token built on the Ethereum blockchain network. The token is trading for $5 currently.

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