Kingswap is going to be one of the biggest projects in the future because their team is highly experienced and qualified also you guys know that NFT is the future and the project brings NFT with the Defi system also you can yield or farm their coins.
NFTs are Non-Fungible Tokens, and are getting increasingly popular as they're going to be used to tokenize practically anything which can be made distinct. Applications like tokenizing land , shares during a corporation , educational certificates, unique and special items in games, paintings, songs, diamonds, identity, voting, loyalty programs, provenance in supply chain, financial documents like invoices, bills etc, are why people are increasingly watching NFTs because subsequent big thing in blockchain implementation.
NFTs usually don't grant the token holder any entitlements against the issuer, as a typical case could also be a singular card or Pokemon or Magic the Gathering card - buyers and holders simply purchase NFTs as collectables, and buying these cards don't give them any right against the manufacturers of the collectables.
Innovative ways of utilizing NFTs are now coming to plug - one of the ways for the community to take advantage of buying NFTs is being offered by the Kingswap Project, which is issuing 3 NFT tiers - their King Vamp, Queen Sparkle, and Knight Lancelot NFTs.
Buyers of these 3 kinds of NFTs of the Kingswap project can enjoy loyalty rewards from the $KING tokens being issued by the Kingswap project. this permits the purchasers to enjoy similar benefits to the primary users of the very fashionable Uniswap project, which gave an airdrop of 400 UNI tokens to all or any or any their users from before 1 September 2020, which was a huge bonus payout to their early supporters (approximately USD 1200 worth of rewards for free of charge of charge at the initial issue price of USD 2,90 per UNI token when distributed).
Buyers of the Kingswap project’s King Vamp NFTs would enjoy the very best tier (60% of allocations) of rewards issued by the Kingswap project, for both their $KING tokens, also as any future projects that wish to provide marketing campaign airdrops to plug their new projects launching on the Kingswap Decentralized Exchange.
Queen Sparkle NFT buyers would enjoy mid-tier rewards (30%) from such airdrops, and Knight Lancelot NFT buyers would enjoy basic tier rewards (10% of allocations) from such airdrops. These are variety of the foremost vanguard and innovative ways during which the Kingswap project have come up with to reward their early adopters and constant community members and supporters through the issuance of NFTs.
About Kingswap team and their vision
KingSwap, the regulated DeFi project introducing a liquidity pool platform with fiat conversions, today announced its advisory board . Industry leaders joining the KingSwap board are Michael Terpin, founder, BitAngels and Transform Group; Lionel Iruk, Esq, Managing Partner and General Counsel at Empire Global Partners and Iruke Legal Inc; and Robert Choi PhD., Founder and CEO of MKTForum and Lean Startup Korea.
These advisors join KingSwap co-founders Dunstan Teo, Chief Architect of the Fido Protocol, CTO and prominent blockchain researcher Dr. Anish Mohammed, former Bank of Singapore Director Ho Chin Shin, KingSwap member , and thus the rest of the KingSwap team in building the project’s high-yield liquidity platform with extensive staking rewards and digital collectibles. The project will launch on Uniswap later this month.
“These advisors have a stellar diary of excellence and success, and are committed to supporting the KingSwap project in its goal to advance the decentralized finance space even further,” said Ho Chin Shin, KingSwap Board Director.
“We’re excited to possess their support as we steel oneself against the launch of this exciting new DEX,” said Dr. Anish Mohammed, KingSwap CTO.
As the founder and CEO of Transform Group, KingSwap advisor Michael Terpin has represented quite 250 cryptocurrency companies, including Augur, Bancor, Dash, Ethereum, Gnosis, Kraken, Neo, Qtum, and Tether. He’s also co-founder of BitAngels, the first angel investor group within the digital currency sector, and founding father of the CoinAgenda blockchain investor conference series.