Kima Prepares for Q4 2024 ICO with Key Backing and Strategic IDOs

Co-Founder and CEO, Eitan Katz, and Co-Founder and COO, Tzahi Kanza

Kima, a blockchain project centered on digital financial ecosystems, is gearing up for its ICO in Q4 2024. The launch includes Initial DEX Offerings (IDOs) on ChainGPT and Polkastarter. The Token Generation Event (TGE) will allocate 15% of tokens upfront, followed by a one-month cliff and a nine-month vesting period to ensure a gradual release.

The first IDO on ChainGPT will run from October 4 to 10, with KIMA tokens priced at $0.214 and a funding target of $650,000. Investors can purchase 3.04 million tokens during this phase. Following this, the Polkastarter IDO will take place on October 9-10, providing further investment opportunities ahead of the public sale.

Kima has already shown strong investor backing through several private funding rounds. The project raised $5 million in a Pre-seed Round with support from Outlier Ventures, Blockchange Ventures, and Big Brain Holdings. An additional $1 million was secured in earlier rounds, attracting investors like CoinIX and Outlier Ventures.

Kima’s venture capital support, including major players like CoinIX Ventures and Outlier Ventures, has strengthened its market position. To further engage its community, Kima launched an Incentivized Testnet on September 30, allowing users to test platform features and provide feedback ahead of the ICO.

These ICO rounds are a critical step in Kima’s roadmap. The funds will be used to expand the platform, grow its user base, and enhance its offerings, cementing Kima’s place in the digital finance ecosystem.

Source: Jakub Lazurek / CoinPaprika