Kyber Network
Kyber Network is a decentralized exchange that allows for instant trading and conversion of cryptocurrencies.
Key Properties Of Kyber Network
- It is Trustless (Smart Contracts ) all transactions are done via Smart Contracts and no funds are held on the exchange.
- It is Instantaneous as there is no waiting time for confirmations and no deposits will be required. So users can get their tokens as the transactions is put on the blockchain.
- It is Highly Liquid (use of a reserve system) there will be always a reserve of tokens ad cryptocurrencies.
- It will have Locked In Conversion Rate allow users will know the conversion rate before a transaction is processed.
Why To Invest In Kyber Network
- It has more than 45000 people under their slack group.
- It has confirmed KYC registration and whitelist count is around 40000.
- It can easily get on any exchanges , Bittrex , Poloniex, etc because they have large community which will be trading after ICO.
- Hard cap is 200,000 Ether
- Token Supply is just 226 Million KNC
- It has all star team which is a very good team with lot of potential.
- Tokens will be distributed within a week to everyone.
- They have Vitalik as adviser on their advisory team. Whatever he touches becomes Gold (eg. OmsieGo)
Kyber Network ICO Starts on 15 Sept
I recommend you all to buy from Etherdelta ASAP if you arent under whitelist. It is going to be too big guys 40,000+
people will be trading when it launches so scoop as much as you can from Etherdelta when it launches.
Source
- Kyber Network Blogs
- https://www.youtube.com/channel/UCu1-oBOM-DzJ89o02Bx3XYw/about
- Ian Balina
- Crypto Crush