Kima Prepares for ICO on ChainGPT and Polkastarter

Kima Prepares for ICO on ChainGPT and Polkastarter

By Jakub Lazurek

08 Oct 2024 (11 hours ago)

2 min read

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Kima is set to launch its ICO in Q4 2024 with IDOs on ChainGPT and Polkastarter, aiming to raise funds and expand its digital finance platform.

Kima, a blockchain project focused on digital financial ecosystems, is preparing for its ICO launch in Q4 2024, featuring Initial DEX Offerings (IDOs) on ChainGPT and Polkastarter. The Token Generation Event (TGE) will distribute 15% of the tokens upfront, followed by a 1-month cliff and a 9-month linear vesting period to ensure a stable release.

The first IDO on ChainGPT runs from October 4 to October 10, 2024, with KIMA tokens priced at $0.214 each and a goal of $650,000. A total of 3.04 million KIMA tokens are available in this round. After this, the Polkastarter IDO will take place from October 9–10, 2024, offering more chances for investors to acquire KIMA before the public launch.

Before these public sales, Kima completed multiple private funding rounds, showing strong investor confidence. The Pre-seed Round raised $5 million from firms such as Outlier Ventures, Blockchange Ventures, and Big Brain Holdings. Earlier, a Strategic Round and a Funding Round in Q3 2022 secured another $1 million from investors like CoinIX, Outlier Ventures, and Blockchange Ventures.

Kima’s strategic backing includes several key venture capital firms: CoinIX Ventures (Tier 3), Outlier Ventures (early-stage supporter), and Blockchange Ventures (Tier 4), as well as Big Brain Holdings. Their support has strengthened Kima’s foundation, paving the way for a successful ICO.

To engage its community and improve its offerings, Kima launched an Incentivized Testnet on September 30, 2024, enabling users to test platform features and provide feedback. This initiative built user involvement, helping ensure a smooth public launch.

The upcoming ICO rounds are essential for Kima’s long-term strategy. By securing early funding and building a strong community, Kima aims to establish itself as a key player in digital finance. The structured token release shows a commitment to sustainable growth and long-term value for investors.

With the ICO ending by the close of Q4 2024, Kima plans to use the funds to expand its platform, grow its user base, and enhance its digital financial offerings. The successful conclusion of these rounds will mark a new chapter in Kima’s development, strengthening its position in the market.

The structured IDO rounds and robust partnerships highlight Kima’s potential. Investors are encouraged to stay informed through ChainGPT and Polkastarter to seize opportunities in this promising project. With a clear roadmap and solid investor support, Kima is set for a strong entry into the competitive blockchain finance sector.

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