Kima intends to raise funds and broaden its digital finance platform by launching its ICO in Q4 2024 with IDOs on ChainGPT and Polkastarter.
Kima, a blockchain project that concentrates on digital financial ecosystems, is gearing up for the launch of its Initial Coin Offering (ICO) in Q4 2024. The ICO will include Initial DEX Offerings (IDOs) on ChainGPT and Polkastarter. A stable release will be guaranteed by the Token Generation Event (TGE), which will distribute 15% of the tokens upfront. This will be followed by a 1-month precipice and a 9-month linear vesting period.
The initial IDO on ChainGPT took place from October 4 to October 10, 2024, with KIMA tokens priced at $0.214 each and a target of $650,000. This round offers a total of 3.04 million KIMA tokens. Immediately following this, the Polkastarter IDO will be held on October 9–10, 2024, providing investors with additional opportunities to acquire KIMA prior to the public launch.
Before these public sales, Kima successfully concluded countless private funding cycles, which demonstrated a high level of investor confidence. Outlier Ventures, Blockchange Ventures, and Big Brain Holdings contributed $5 million to the Pre-seed Round. Previously, CoinIX, Outlier Ventures, and Blockchange Ventures contributed an additional $1 million to the company through a Strategic Round and a Funding Round in Q3 2022.
Ventures (Tier 3), Outlier Ventures (early-stage supporter), Blockchange Ventures (Tier 4), and Big Brain Holdings. Their backing has fortified Kima’s foundation, thereby facilitating the effective completion of an initial coin offering (ICO).
Kima initiated an Incentivized Testnet on September 30, 2024, to enhance its offerings and engage its community. This feature allows users to test platform features and provide feedback. This initiative fostered user engagement, which contributed to the successful public launch.
Kima’s long-term strategy is contingent upon the forthcoming ICO phases. Kima’s objective is to become a prominent figure in the digital finance industry by procuring early funding and fostering a robust community. The structured token release demonstrates a dedication to long-term value and sustainable growth for investors.
Kima intends to allocate the funds to the expansion of its platform, the expansion of its user base, and the enhancement of its digital financial offerings following the conclusion of the ICO in Q4 2024. The successful conclusion of these phases will signal a new chapter in Kima’s development, thereby bolstering its market position.
The structured IDO rounds and robust partnerships underscore Kima’s potential. This prospective initiative offers investors the opportunity to capitalize on opportunities by staying informed through ChainGPT and Polkastarter. Kima is well-positioned to make a significant impact in the competitive blockchain finance sector, as it has a detailed roadmap and substantial investor support.
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