Red Kite is a top-tier launchpad that allows investors to participate in token pre-sales of carefully-chosen Web3 projects. It is part of the PolkaFoundry ecosystem (now Firebird) and utilizes the native $PKF token as a utility token.
Red Kite operates on blockchain technology, being Ethereum compatible and part of the PolkaFoundry ecosystem. It uses a Proof of Stake (PoS) consensus mechanism, integrating smart contracts to facilitate secure token sale rounds. The platform features a multi-tier system for project launches, requiring social activities for lower tiers and offering guaranteed allocations for higher tiers.
Red Kite serves as a launchpad for new blockchain project token sales, acts as a governance token within its ecosystem, and facilitates staking for tiered project access. It is also utilised for liquidity provision in decentralised exchanges. It supports sectors such as blockchain, cryptocurrency, and DeFi fundraising.
Red Kite, owned by Icetea Labs and powered by PolkaFoundry, was developed to securely and efficiently aid new blockchain projects' fundraising. Since its inception, it has launched nearly 100 Web3 projects and has expanded its support to multiple blockchains. It has implemented rigorous project vetting and introduced systems to ensure fair participation in token sales.
The Red Kite price is $0.03874241 AUD, representing a -0.29% from the day prior.
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The trading volume of Red Kite (PKF) is $9.4K AUD in the last 24hrs, representing a -0.29% from the day prior.
Red Kite (PKF) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Red Kite (PKF) is $5.3M AUD.
Yes - With Coinstash you can convert your Red Kite (PKF) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Red Kite (PKF) is 142.4M.
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