Connect with us

Web 3

CyberKongz KONG Token Explained: Everything You Need to Know

Published

on

Credit : nftnewstoday.com

The Cyberkongz group has launched the Kong token and changed the long-existing $ banana smoke. With this transformation, the ecosystem now presents new features equivalent to deployment, governance and cross-chain use, making each loyal holders and lively NFT merchants advantages.

Essential assortment eating places

  • Kong Token was launched on September 10, 2025, to exchange $ banana as head token of Cyberkongz.

  • The commerce began on Kucin and Mexc International with Kong/USDT pairs.

  • The overall provide is off to 1 billion, with 282 million in circulation on the launch.

  • Eligible OpenSea customers and NFT holders acquired Airdrops who begin on the identical day.

  • Kong helps governance, stealing rewards, occasion entry and multi-chain defi-integration.

The historical past of Cyberkongz and $ banana

Cyberkongz Began as a Pixel-Artwork NFT challenge, however grew right into a acknowledged model in NFTS and Web3. For years the $ banana smoking was used for breeding, upgrades and rewards in the neighborhood. Over time, the restricted scope grew to become a bottleneck for progress.

Alternative $ Banana With Kong Token presents a stronger construction for brand new utilities and broader integration in gaming, governance and Defi.

Why the Kong -token was launched

The Kong -Toks was formally launched on September 10, 2025, at 13:00 UTC through a tokenteration occasion. The shift goes past a easy rebrand, as a result of Kong introduces varied new features:

  • Administration: Token holders assist decide the course of the challenge.

  • Put together rewards: Alternatives for passive earnings and participation advantages.

  • Occasion entry: Entry to Cyberkongz Neighborhood Occasions and Wall Avenue Kongz.

  • Metaverse foreign money: An change medium in Cyberkongz-related video games and digital experiences.

  • Defi bridge: Transfers about Ethereum, Ronin and different networks through CCIP and Bridge protocols (Ainvest, Cyberkongz).

READ  Digital Mining Market will generate new growth opportunities 2025-2032 

Tokenomics and supply of supply

Constructed on Ethereum as ERC-20, the Kong token has a set inventory of 1 billion (Cyberkongz Whitepaper).

A very powerful particulars embrace:

  • First circulating meals: 282 million, often transformed from $ banana.

  • AirDrops: 2% distributed to lively NFT merchants on Ethereum and OpenSea.

  • Future assignments: Each three -month distributions at Genesis Kongz, Child Kongz and Kong strikers through Kongz Hub.

  • Burn -Mechanisms: Tokens faraway from inventory to create shortage.

Trade lists and buying and selling {couples}

On the launch day, Kong was talked about on Kucin and Mexc International, with {couples} equivalent to Kong/USDT opening at 13:00 UTC (Kucin, Mexc International). Deposits and recordings have been engaged on the identical day.

These entries have contributed to providing liquidity and accessibility, whereby the intention of Cyberkongz Kong is indicated to place Kong alongside different NFT-oriented tokens.

Airdrops and banana conversion

The swap from $ banana to kong was easy. Holders have been in a position to convert their tokens through the official Cyberkongz web site through a 1:25 ratio (Cyberkongz WhitePaper).

OpenSea merchants who have been lively from 2023 might get Kong AirDrops, with bigger rewards for individuals who traded extra. This technique rewarded lively members of the group and helped to take part extra individuals.

The way forward for the Kong -Token

Trying forward, Cyberkongz is planning to proceed with quarterly tokend distributions, gaming extensions Genkai NFTSAnd deeper integration with the Ronin community. Partnerships with Defi platforms equivalent to Uniswap and Sushiswap is anticipated to develop the liquidity.

Governance devices may also develop, giving token holders a stronger function in decision-making. Within the meantime, the Wall Avenue Kongz platform will use Kong for instructional entry and community-driven monetary discussions (Cyberkongz).

READ  Crypto News: BTC, GameFi, FTX Repayments, ETH, FBI Token & More!

Why kong -toking issues

The Kong -Token marks an vital improve for the Cyberkongz ecosystem. By taking up $ banana, it presents features equivalent to governance, deployment, metaverse use and cross-chain choices that help the long-term objectives of the challenge.

As with every digitally lively, there are dangers. Kong can depend on NFT followers and web3 customers, however its worth and recognition relies on group exercise and the broader market.

Indemnification

This text is just for informative functions and will not be conceived as monetary recommendation. At all times conduct your personal investigation earlier than taking funding choices.

Adoption

Adoption13 hours ago

Chainlink, UBS, and DigiFT team up to automate tokenized funds in Hong Kong

Credit : cryptoslate.com A brand new collaboration between Chainlink Labs, UBS Asset Administration and Digift needs to revise how funding...

Adoption16 hours ago

Bitcoin whale awakens with $108 million stash

Credit : cryptoslate.com A protracted-term Bitcoin-Walvis has surfaced once more and transferring funds which were untouched since 2012. On September...

Adoption2 days ago

Ethena’s USDe hits $13 billion milestone with Binance boost

Credit : cryptoslate.com Ethena’s artificial stablecoin, Usde, has risen to greater than $ 13 billion in circulation lower than someday...

Adoption2 days ago

Employment data revision washes $60B from crypto market cap

Credit : cryptoslate.com The cryptomarkt misplaced $ 60 billion to market capitalization throughout the two hours after revised employment information,...

Adoption2 days ago

Metaplanet upsizes share offering to $1.4B to aggressively acquire more Bitcoin

Credit : cryptoslate.com Metaplanet has elevated its worldwide share of 180 million to 385 million shares, which yields round $...

Adoption3 days ago

Ripple and BBVA collaborate to enhance crypto services in Spain

Credit : cryptoslate.com Ripple has expanded its European footprint by becoming a member of forces with Spanish financial institution big...

Adoption3 days ago

BitMine amasses over 2 million Ethereum for its reserves

Credit : cryptoslate.com Bitmine has crossed a brand new milestone, Ethereum reserves constructed as much as greater than 2 million...

Adoption4 days ago

Kazakhstan eyes crypto future with national reserve

Credit : cryptoslate.com Kazakhstan is transferring to arrange a Crypto reserve supported by the State as a part of his...

Trending