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Hashed-backed DeFi Platform Krystal Debuts Token Launchpad, KrystalGO -Breaking

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Hashed-backed DeFi Platform Krystal Debuts Token Launchpad at KrystalGO

KrystalThe multi-chain platform enables users to quickly access decentralized financial (DeFi), and also manage non-fungible tokens, such as KrystalGO. KrystalGOIt is an online platform that allows the participation of community members in various funding rounds.

In line with Krystal’s mission of simplifying access to DeFi, KrystalGO aims to be a platform where any community members can easily participate in token sales of high quality blockchain projects. KrystalGO offers project launch access for all users with a straightforward user interface and simple requirements.

Krystal is open to any DeFi or NFT project built on, Binance Smart Chain(BSC), Polygon or launched on KrystalGO. Soon, it will expand to serve projects and users from other networks.

Participation requires that users follow a 4-step process

1. Participants must complete Know Your Customer (KYC). Blockpass, a third-party service provider supports this process.

2. Participants will need to purchase Kyber Network Crystal (KNC), and then swap tokens with Krystal. Both have no minimum requirements.

Participants accumulate points according to the KNC amount staked or the USD value token swaps.

1. KrystalGO awards 1 point for each KNC staked.

B. One point is given for every USD 10 trade on Krystal. Krystal calculates the USD trade volume for token-swaps. It is calculated 30 days back from the end of a project’s whitelist stage.

3. Participants will be assigned to their respective Tiers based upon the number of points earned.

a. Participants in tiers Topaz & Obsidian go through a raffle process to be allocated a slot.

b. Participants in tiers Emerald & Sapphire are automatically allocated a slot.

4. Participants with allotted slots will be guaranteed to receive token allocation. Higher tiers will result in greater token allocations.

There are 4 projects that will be launched in November
Krystal has confirmed 3 partnerships, and will be selling tokens on KrystalGO for NFT in November.

1. Pegaxy – November 5, 2021

  • Pegaxy is an futuristic, mythological racing game.
  • Pegaxy was built using a dual-economy model that includes 2 native currencies. Pegaxy Stone, a governance token based upon the Polygon (Matic), Chain is one.
  • KrystalGO plans to begin selling PGX tokens starting November 5, 2021.

2. RIFI United – November 9, 2021

  • RIFI United, a P2E simulation soccer manager, is a Rikkei finance product.
  • RIFI United’s in-game currency is RU. It is a BEP-20 token.
  • KrystalGO plans to begin selling RU tokens starting November 9, 2021.

3. Blockchain Monster Hunt – November 10, 2021

  • Blockchain Monster Hunt, the first NFT multi-chain monster hunt game is now available.
  • KrystalGO is pleased to be part of Genesis Hunt – an Initial NFT Offering (INO) event held across 10 launchpads. There are different Genesis Monsters available for purchase at various launchpads.
  • The Genesis Monster – Animur will be exclusively available to be purchased on KrystalGO on November 10, 2021.

4. Elpis Battle – November 19, 2021

  • Elpis Battle can be described as a Turn-based RPG/NFT Game, which is available on Binance Smart Chain.
  • EBA is the game’s governance token.
  • KrystalGO will begin selling EBA tokens in November 2021.

“KrystalGO is a promising initiative by Krystal. The platform is intended to expose high-quality projects to the public and allow them to access many promising ones. Especially with its innovative allocation mechanism, projects can remain accessible to both small or big capital participants,”
shares Simon Kim (CEO & Managing Partner, Hashed) about the prospect of KrystalGO.

“By supporting high quality DeFi and NFT projects on popular blockchains, KrystalGO is opening its doors to a huge community of projects and users. Perfectly aligned with our mission of improving accessibility of DeFi to the masses,”
Sunny Jain (CEO Krystal)

For more information, visit KrystalGO.com.

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