BECO believers, we are excited to give you an overall recap of the recent Kephi Gallery Token Sale IFO (Initial Farm Offering) hosted on the BecoSwap IFO platform.
Kephi Gallery is a marketplace where artists of all fields may gather to contribute (and monetize) their work. Sharing the same roof, artists are urged to mint their exclusive NFTs and start trading their digital works of art like music, video clips, theatre, …
Known as the champion of KardiaChain Pioneer Program, Kephi Gallery inherited easy accessibility, innovative cross-chain connectivity, and low transaction fee of the first-ever fully non-invasive, interoperable blockchain.
Kephi Token ($KPHI) is a utility token created by Kephi Gallery, soon to be available for mining by those who merchandise NFTs on the platform. Aside from that, Kephi Galley will have a broad Loyalty Program in which $KPHI will be used for benefits such as Discount on fees, NFT Airdrops, Special profile frames (to make one’s artwork standout), Appear on Kephi Gallery’s own collection…
It’s been almost 2 weeks since $KPHI Token Sale IFO, so what exactly happened?
Here’s a quick summary:
- 🥵 BecoSwap boosted $KPHI subscribers up to 2154% in the unlimited sale and 330% in the basic sale
- 🌝 Price went from 0.1 $KAI when listed to ATH at 8.4 $KAI under a week on KAIDEX
- 🔥 371.891 $BECO has been burnt for KPHI IFO
Farming
As a part of KEPHI’s plan to get the initial batch of tokens circulating, the team joined hand with BecoSwap to provide a high-APR farm to earn some extra $BECO at https://becoswap.com/farms
Reflecting on the IFO
Within merely a week since $KPHI being listed, traders felt the hype of the IDO, driving KPHI/KAI pairs to rank #1 regarding daily trading volume on KAIDEX with the impressive amount of 1.32 million dollars.
All in all, BECO team is happy for Kephi Gallery! The IFO hit all the goals our partner had set. The token price might retrace back after over 7500% rally, but we’re still just pretty much at the start-line. With NFT projects flourishing, the marathon has yet to really begin.
Other bits and pieces
We at BECO team put users assets security as our top priority, thus select projects carefully after reviewing their smart contracts to bring on BecoSwap Launchpad. Soon there will be numerous token sales of potential projects to massively increase $BECO burn rate (#gamefi ones are definitely within sight). Other utilities will also be created to significantly decrease post-IFO selling/dumping pressure. Furthermore, $BECO inflationary tokenomics was designed with the help of our fellow advisor from KardiaChain team, the price will go up when utility and demand outgrow supply.
⚠️ Disclaimer — All projects are subject to both high market risk and volatility. Please, do your own research and full due diligence before even considering to invest your funds in any project and please, make your investments very cautiously. BecoSwap will not be held responsible for any investment losses.
If you have any questions or constructive feedbacks, feel free to throw them at us on Twitter using the hashtag #BecoSwapIFO and we will answer as many as we can.
Twitter: https://twitter.com/beco_swap
Telegram: https://t.me/beco_swap
