Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your experience. Save up to 40% More details

Hashed-backed DeFi Platform Krystal Debuts Token Launchpad, KrystalGO

CryptocurrencyOct 28, 2021 11:02AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
Hashed-backed DeFi Platform Krystal Debuts Token Launchpad, KrystalGO

Krystal, a multi-chain platform to easily access popular decentralized finance (DeFi) services and manage non-fungible tokens (NFTs), debuts its newest service KrystalGO. KrystalGO is a launchpad that allows community members to participate in public rounds of funding by various token projects.

In line with Krystal’s mission of simplifying access to DeFi, KrystalGO aims to be a platform where any community members can easily participate in token sales of high quality blockchain projects. With a simple user interface with straightforward requirements, users of all demographics can easily gain access to project launches on KrystalGO.

Krystal welcomes any DeFi and NFT projects built on Ethereum, Binance Smart Chain (BSC), Polygon and Avalanche to launch on KrystalGO. It will soon expand to cater to projects and users on other networks.

To participate, users go through a 4-step process

1. Participants are required to complete the Know Your Customer (KYC) process. This is supported by a 3rd party service provider, Blockpass.

2. Participants have to stake Kyber Network Crystal (KNC) and swap tokens on Krystal. There are no minimum requirements set for both.

Based on the amount of KNC staked and the USD value of token swaps, participants accumulate points.

a. For every KNC staked on KrystalGO, 1 point is awarded.

b. For every 10 USD trade volume on Krystal, 1 point is awarded. Trade volume of token swaps on Krystal is calculated in USD. It is calculated 30 days back from the end of a project’s whitelist stage.

3. Based on the points accumulated, participants will be allocated to their respective tiers.

a. Participants in tiers Topaz & Obsidian go through a raffle process to be allocated a slot.

b. Participants in tiers Emerald & Sapphire are automatically allocated a slot.

4. All participants with allocated slots are guaranteed token allocation. The higher the tier, the greater the token allocation.

4 Projects Launching in November Krystal is pleased to have confirmed partnerships with 3 projects, which will be conducting token and NFT sales on KrystalGO in the month of November.

1. Pegaxy – November 5, 2021

  • Pegaxy is a racing game with futuristic mythological styling.
  • Pegaxy is built on a dual economic model with 2 native currencies. One of which is Pegaxy Stone (PGX), a governance token built on the Polygon (Matic) Chain.
  • KrystalGO will commence the sale of PGX tokens on November 5, 2021.
2. RIFI United – November 9, 2021

  • RIFI United is a P2E soccer manager simulator, and a product of Rikkei Finance.
  • RU, a BEP-20 token, is the in-game currency of RIFI United.
  • KrystalGO will commence the sale of RU tokens on November 9, 2021.
3. Blockchain Monster Hunt – November 10, 2021

  • Blockchain Monster Hunt is the first multi-chain NFT monster hunt game.
  • KrystalGO is pleased to be part of Genesis Hunt – an Initial NFT Offering (INO) event held across 10 launchpads. Different Genesis Monsters are released for sale on different launchpads.
  • The Genesis Monster – Animur will be exclusively available to be purchased on KrystalGO on November 10, 2021.
4. Elpis Battle – November 19, 2021

  • Elpis Battle is a Turn-based RPG NFT Game implemented on the Binance Smart Chain network.
  • EBA is the game’s governance token.
  • KrystalGO will commence the sale of EBA tokens on November 19, 2021.
“KrystalGO is a promising initiative by Krystal. It will serve as a platform to both expose quality projects to the community, and enable the community to get their foot in the door on many promising projects. Especially with its innovative allocation mechanism, projects can remain accessible to both small or big capital participants,” shares Simon Kim (CEO & Managing Partner, Hashed) about the prospect of KrystalGO.

“By supporting high quality DeFi and NFT projects on popular blockchains, KrystalGO is opening its doors to a huge community of projects and users. Perfectly aligned with our mission of improving accessibility of DeFi to the masses,” said Sunny Jain (CEO, Krystal).

Interested participants can visit the KrystalGO website to start preparing for the upcoming launches.

Continue reading on DailyCoin

Hashed-backed DeFi Platform Krystal Debuts Token Launchpad, KrystalGO

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email