### What is Kasta?

Kasta is a blockchain-based platform designed for seamless virtual payments, focusing on facilitating fast and borderless cross-border transactions without interference from third-party institutions. It aims to simplify peer-to-peer (P2P) cryptocurrency payments, offering features that make it easy for users to send and receive crypto free of charge.

### How does Kasta work?

Kasta operates on the Polygon network, a layer-two solution for Ethereum, which reduces transaction costs and increases speed. It uses ERC-20 tokens for its native currency, KASTA, leveraging smart contracts to automate and secure transactions. The platform includes features like the Easy Swap Engine for cross-chain transactions and options for 'buy now, pay later', all secured through Polygon's Proof of Stake consensus and advanced BFT algorithms.

### What are the potential use cases for Kasta?

Kasta's potential use cases include cross-border P2P payments, simplified crypto transactions, and financial services like 'buy now, pay later'. The platform also supports real-world applications such as daily transactions via custom debit cards. Additionally, Kasta promotes cryptocurrency adoption by making crypto wallets accessible through simple identifiers like phone numbers or email.

### What is the history of Kasta?

Founded by Carl Roegind and Sebastian Appelberg in early 2021, Kasta was created to address traditional crypto transaction complexities and promote mass cryptocurrency adoption. Significant milestones include obtaining Bulgarian and Italian Virtual Asset Service Provider licenses, launching the Ka. Web App, and integrating advanced security measures using Fireblocks technology. The platform continues to expand globally, seeking partnerships and technological advancements to enhance its services.

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