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Summary of Red Kite
Overview
- Red Kite is a top-tier launchpad by PolkaFoundry (now Firebird) for Web3 projects.
- Utilizes $PKF as a utility token.
Unique Features
- Lane-based swap system
- Integrated vesting schedule
- Reputation point-based tier-ranking system
- Multi-chain support
Team and Partners
- PolkaFoundry (now Firebird) established in 2018
- Powered by Icetea Labs, Asia’s leading Web3
About Red Kite
In the realm of cryptocurrency, Red Kite emerges as a beacon of innovation, poised to revolutionize the digital asset landscape.
Introducing Red Kite: A Revolutionary Platform
Red Kite, a premier launchpad powered by PolkaFoundry (now rebranded as Firebird), provides investors with exclusive access to pre-sales of meticulously curated Web3 projects.
As an integral component of the PolkaFoundry ecosystem, Red Kite has adopted the platform’s native cryptocurrency, $PKF, as a utility token. By holding $PKF tokens, investors can participate in exclusive pools on Red Kite, granting them access to secure and reliable token sale rounds of meticulously curated projects within the crypto sphere.
Unveiling the Uniqueness of Red Kite
Red Kite Launchpad pioneers a paradigm of fairness for all participants, boasting a lane-based swap system, an integrated vesting schedule, a reputation point-based tier-ranking system, and multi-chain support. In response to recent market turmoil, Red Kite is now poised to revolutionize the industry as a trailblazing Smart Launchpad, harnessing the power of AI technologies to deliver cutting-edge, innovative solutions.
Following the unveiling of our independent growth strategy, Red Kite is poised to embark on a gradual expansion of our ecosystem, establishing decentralized autonomous organization (DAO) models and incorporating distinctive features that will significantly enhance the utility of $PKF ownership.
Meet the Visionary Minds Behind Red Kite
PolkaFoundry, a pioneering, all-encompassing production hub for decentralized finance (DeFi) and non-fungible token (NFT) applications on Polkadot, was founded in 2018 and underwent a transformative rebranding as Firebird in October 2022.
Red Kite was forged on PolkaFoundry, leveraging the expertise of Icetea Labs – Asia’s preeminent Web3 incubator and powerhouse, renowned for its exceptional Web3 development, game discovery, and user engagement capabilities.
Consequently, Red Kite is empowered to leverage the Icetea ecosystem’s exceptional attributes, while simultaneously benefiting from the guidance of technical advisors, influential figures, accelerator programs, and other supportive entities.
Red Kite and Firebird Forge Ahead with Distinctive Growth Strategies
On March 1st, 2023, Red Kite and Firebird formally declared their official partnership, marking a significant milestone in their collaborative journey.
Both brands will be concentrating on tailored growth strategies that cater to their unique requirements. Consequently, the $PKF tokens will fall under the purview of Red Kite.
Discover more details about this exciting announcement
here
.
The Red Kite Token Economy: A Comprehensive Overview
- The designated token name is PKF token.
- The token’s symbolic representation is PKF.
- A total of 200,000,000 tokens will be supplied.
The PKF token, an Ethereum-based ERC-20 token, will undergo a significant transformation in the future. Upon the launch of the Firebird blockchain’s mainnet, holders of the ERC-20 PKF token will be able to seamlessly swap their tokens for native PKF coins at a 1:1 ratio.
The Multifaceted Utility of Tokens
- Participate in lucrative pools on Red Kite Launchpad through staking
- Visit our comprehensive Help Center for further guidance