Kadena KDA
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Score Sentiment Neutral
Fundraising Statistics
$0.38 +1.59%
$1
Multicoin Capital Tier 1
CoinFund Tier 2
Distributed Global Tier 2 KDAKadena
USDCUSD Coin
Short Review Kadena
Crypto project Kadena (KDA) is classified as a Smart Contract. Kadena is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B KDA (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of $15,000,000 (7% of total tokens) have been allocated for the public sale. The level of social activity of the Kadena project is assessed as Medium.
Kadena ICO Overview
Public sale of tokens will take place on the Coinlist Launchpad. Estimated date for the public token sale: 29 November 2019. Kadena (KDA) price during the token sale: 1 USD. Min/Max Personal Cap: 1000$ / TBA. You can purchase project tokens for BTC ETH USDT USDC
Residents of the following countries will not be able to participate in the public sale of tokens: Australia Canada China Crimea Cuba Hong Kong Iran Non-accredited investors USA Syria USA
KDA Price Chart
The launch of KDA token trading took place on 18 December 2019.
Fundraising Rounds
Total sold 51.70 M KDA tokens (0.05% of total tokens). Total amount of funds raised by the Kadena project is $35.15 M.
| Investment Round | Date | Price | Funds Raised |
| Coinlist Option B (Non-Us) | November 5, 2019 | $1.00 | $10.00 M |
| Coinlist Option A (Global) | November 5, 2019 | $0.50 | $10.00 M |
| Presale Round 2 | April 2018 | $0.75 | $12.90 M |
| Presale Round 1 | December 2017 | $0.50 | $2.25 M |
| Seed | April 2017 | -- | -- |
Kadena Investors
Multicoin Capital Tier 1 CoinFund Tier 2 Distributed Global Tier 2
SV Angel Tier 2Detailed review of Kadena
Kadena is a hybrid blockchain platform launched by JP Morgan, one of the largest banks in the world. The main point of the project is to improve the connection between public and private blockchains, which is especially important for companies in the financial industry. This solution allows you to better control the flow of information about ongoing transactions. Let's take a closer look at the project.
The ecosystem includes 20 blockchains such as Kadena (high-performance, scalable blockchain), Kuro (enterprise blockchain) and Kadenamint (a bridge between Cosmos and Kadena), etc. Proof of Work consensus is used in the public domain blockchain and Blake2S hashing. -256. The Kadena ecosystem is the only scalable (over 9 million transactions per day) PoW platform due to its revolutionary multi-chain architecture. It is also worth noting that you can create your own applications based on the Kadena blockchain as a regular user. Developing new applications is very easy as Kadena has a powerful tool, the Pact smart contract language, which is very easy to use. In addition, the special Chainweb protocol ensures the security of the network.
KDA is a coin that is used as a fee for transactions within the Kadena network, as well as for the implementation of smart contracts and as rewards.
Kadena Project (KDA)
Long before Kadena was developed, its founders created the first JPMorgan blockchain. Will Martino previously served as technical lead for the SEC's Cryptography Steering Committee and Qualitative Analytics Division. Stuart Popejoy has 15 years of experience in markets and exchange networks, and was head of Emerging Blockchain at JPMorgan.
Will Martino is now the founder and president, and Stuart Popejoy is the co-founder and CEO of Kadena.
This platform was launched in 2020, although it was conceived back in 2016. Kadena was designed to solve common problems in the cryptocurrency space such as speed, scalability and high fees.
Benefits of Kadena (KDA)
- Increased throughput. The Chainweb security protocol guarantees this throughput as it combines private blockchains with public applications. Thus, traffic is directed to the high-bandwidth computer underlying the KDA.
- The scalability problem of PoW consensus is solved. The Kadena network consists of many chains that are part of several interconnected blockchains. Any account that users create is exclusive in this chain. Thus, in order to become the owner of a specific account name in all chains, the user must first create it in each such chain.
- Fees. The non-public Kuro blockchain mentioned above has a feature called “ gas stations." This allows developers and enterprise clients to pay transaction fees for their users.
- Kadena is widely used in various industries. Kadena software is used by financial, insurance and healthcare companies (e.g. Amazon ) because it allows people to quickly move from idea generation to product development.
Disadvantages of Kadena (KDA)
- Kadena faces strong competition. Despite all its advantages, the project finds it difficult to compete with more popular smart contract platforms.
