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Summary
- KANGAL is the governance and value token of the Kangal dApps ecosystem.
- KANGAL holders can create and vote on proposals shaping the project’s future.
- KANGAL staking is required to mint the utility token $TEAK.
- The platform will feature a dAppStore for developers to submit and publish dApps.
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Tokenomics:
- Maximum total supply: 100 billion tokens
- 100% of tokens are on Uniswap and locked with Unicrypt
- No token presale, no team allocation
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Price history:
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About Kangal
Kangal is a decentralized, open-source, and community-driven cryptocurrency project, dedicated to fostering a robust ecosystem that empowers individuals and businesses alike.
KANGAL is the dual-purpose token serving as both the governance token and value token of the Kangal decentralized applications (dApps) ecosystem.
Kangal derives its name from a stalwart breed of Anatolian Shepherd dogs, renowned for their centuries-long vigilance in safeguarding herds from predators.
KANGAL holders assume a pivotal role as stakeholders of the Kangal DAO, empowered to create and vote on proposals that will chart the course of the project’s future. Furthermore, KANGAL staking will serve as the exclusive means of minting the utility token, $TEAK, which will fuel the dApps ecosystem. Initially, this ecosystem will comprise decentralized applications developed by the core team, ultimately evolving into a comprehensive dAppStore where external developers, teams, or companies can submit and publish their own dApps. Notably, one of the inaugural dApps on the platform will be an NFT drops platform, which will eventually mature into a full-fledged NFT marketplace.
Kangal’s tokenomics boasts a capped total supply of 100 billion tokens, with the entirety allocated to Uniswap and securely locked through Unicrypt. Notably, there was no token presale, and the team did not receive any token allocations. Trading commenced on February 22, 2021, with the Kangal token debuting at a price of $0.0000009335, as initially recorded on CoinMarketCap. The Kangal token subsequently experienced a remarkable price surge, culminating in an all-time high of $0.0002421 on April 20, 2021, representing an astonishing 260-fold increase. Following the parabolic price pump, the Kangal token has since retreated to find support in the $0.00005 range.
To stay abreast of Kangal’s real-time market fluctuations, download the CoinMarketCap mobile application, providing you with instant access to cryptocurrency prices anywhere, anytime. Alternatively, you can utilize CoinMarketCap’s intuitive converter feature, conveniently located on the Kangal price page, to obtain the current price in your preferred fiat currency.
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