Kaps

Kaps

Created using Figma
KAPS is a BSC token on the BEP20 standard that offers a solid price floor through the formation of an initial stablecoin reserve and reinforcing it with transaction fees over time. The token is used for governance and rewards its active community members with fee cashbacks.
Private-Sale
Jan 1, 2023
Jan 31, 2023
58% completed
Raised funds - no Data
ongoing
  • 1 KAPS
    =
    1 USD
Token Details
Ticker
KAPS
Total supply
50.000.000
Accepted Currencies
ETH, BTC, DOGE, LITE, EURO
Company Details
Registered Company Name
Kaps-Limited
Registered Country
Estonia
Company Founded
Aug 11, 2022
Additional Details
Platform
BSC

About Kaps

KAPS dedicates ≈100% of the proceedings collected via its initial sale to the formation of a reserve consisting of stablecoins (BUSD). The project continuously expands this reserve pool over time by dedicating 60% of all future transaction fees to the backing reserve. The KAPS collected through the fees will be subsequently sold on exchanges and directly swapped to BUSD.

KAPS is dedicated towards publishing regular reports of the current backing reserve. The reserve will further be audited by a third party on regular intervals to ensure the utmost degree of decentralization.

The BUSD reserve will allow no outgoing transactions unless approved by the custodian.

The KAPS utility token is based on the BEP20 (BSC) standard. It is used to vote on important decisions related to the further development of the KAPS project. The token further acts as an reward mechanism. A transaction fee of 1% is applied, which is split between the Reserve pool and the Community pool.

KAPS secures a solid price floor by dedicating ≈100% of the proceedings to the Reserve pool formation. 60% of the fees are continuously added to the reserve pool, which grows over time and secures the KAPS token price.

Features

The KAPS utility token is used to vote on important decisions related to the further development of the KAPS project and to access the first crypto and blockchain discussion forum with token rewards. The token further acts as an reward mechanism. A transaction fee of 1% is applied, which is split between the Reserve pool and the Reward pools. KAPS is dedicated towards publishing regular reports of the current backing reserve. The reserve will further be audited by a third party on regular intervals to ensure the utmost degree of decentralization. The BUSD reserve will allow no outgoing transactions unless approved by the custodian. The total supply of KAPS is limited and will never increase.

KAPS conducts an Initial Coin Offering - ≈100% of the proceedings minus the development costs for the discussion forum are swapped to BUSD and stored in the Reserve.

KAPS splits the transaction fees into the reserve and the community reward pool. The KAPS collected via transaction fees are sold on exchanges for BUSD.

The BUSD is accumulated in the reserve, which grows over time and increases the price floor of KAPS through a provable reserve. The total supply of KAPS is limited.

The community discusses blockchain and crypto topics in the forum and votes. Top members are rewarded from the community pool at the end of the month.

Kaps Roadmap

  • January 2023

  • Start Private sale
  • February 2023

  • Start Pre-sale
  • March 2023

  • Main sale
  • Q1 2023

  • Start Forum
  • Read More
  • April 2023

  • First announcement of the state of the reserve pool.
  • Q2 2023

  • Listing of KAPS on exchanges
  • Q3 2023

  • Roll out of the voting dashboard

Activity

Members:
494
VERY LOW
30 Days Growth:
318

Kaps Team

Verified 100%

Kapirulin Alexander
CEO&Founder
verified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dimitri Haussmamnn
Blockchain advisor
unverified
Martin Slavchev
Strategy advisor
unverified
Andrey Didenko
Legal advisor
unverified

Kaps Interviews

Kapirulin Alexander
As a team member, сan you tell us about your role in the ICO project?
Through Kaps, we create, the users a new experience in the field of communication. A time-oriented design and the Web3 connection with the Kaps tokens to the forum, are just a few advantages.
What do you think about idea?
KAPS is a BSC token on the BEP20 standard that offers a solid price floor through the formation of an initial stablecoin reserve and reinforcing it with transaction fees over time. The token is used for governance and rewards its active community members with fee cashbacks.
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.