Kyrrex Sport: Introduction and Features

kyrrex sport
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Kyrrex Sport is a unique platform that brings the power of talent tracking to the blockchain. We offer individuals across the world the chance to contribute to the growth and development of tomorrow’s sports superstars and earn income from it. Users on the platform can pick from a selection of budding names in various sports to invest in. As the young stars grow into elite athletes, so does the investment.

The blockchain space is awash with numerous schemes centered on NFTs and image likenesses but Kyrrex Sports’ flagship product brings a different proposition to the table. We connect young and promising sports professionals with fans of their sports, crypto investors, and gamers on one cross-platform application powered by our native KRRX token.

Imagine you could bet on a 15-year-old Lionel Messi before he properly burst onto the football scene and became arguably the greatest player of all time. Kyrrex Sport will provide an opportunity for you to discover the stars of tomorrow before they become stars.

How does Kyrrex Sport work

Kyrrex Sport will issue and promote tokens on behalf of the best sports talents of the age. Users will have the opportunity to accumulate tokens of their favorite prospect or experienced athlete through either the Kyrrex Sport Launchpad or in the open market.

The initial token offering for each tokenized player is only available through the launchpad and to KRRX stakers. Individual allocation will be determined by the ratio of committed KRRX to the amount of KRRX committed by all participating users.

KYRREX SPORT

  • Scout the best and most promising under-the-radar athletes.
  • Sign contracts for usage of digital image rights.
  • Token presale allocation for KRRX users.
  • Token launch on Kyrrex Launchpad
  • Token trades freely on the open market.

A Marketplace for Digitalized Rights

At Kyrrex Sport, our wide and extensive scouting network comprise some of the best brains in football, padel tennis, and MotoGP. We conduct intense research to scout and sign some of the most promising names in these sports to our platform. We create tokens for each signed athlete, which can be freely bought and sold on the open market.

Our models present a fantastic opportunity for crypto users to benefit from a player’s journey to the top of their sport. The price of each token will be tied to the respective player’s performance and status in their sport, guaranteeing an asset that mirrors real-life in a visceral and fascinating way.

The Trading Fan’s Paradise

Kyrrex Sports exists to offer the sports-loving crypto trader an opportunity to create value from the sports they love. On this platform, you can mix business and benevolence with pleasure and secure happiness for yourself on all three counts. By investing in tokenized players, you make a play for the future, give them an income boost, and cheer for them on their journey to the top.

What’s not to love?

  • Buy the tokens of your favorite players.
  • Trade, gift or hold the tokens as you wish.
  • Meet your heroes through various fan events.
  • Win free NFTs and other giveaways

The Upcoming Athlete’s Dream

For enterprising and savvy athletes at the start of their careers, Kyrrex Sport offers a big opportunity to form a personal brand and grow it organically into a loyal and dedicated fanbase.

With economic incentives and a bigger popularity at play, the prospect will be motivated to put in their best efforts to achieve the next level and reward the investors for their support and belief.

· A personal token with the prospect’s name as the ticker.

· Opportunity to interact with fans through live sessions both online and offline: Meet & Greets, AMAs, autograph sessions, etc.

· Feeling the thrill of contributing to the happiness of thousands of users simply by performing well and generating demand for the token.

· A share of revenue from token sales and related products based on the athlete’s image rights.

· Opportunity to launch exclusive NFTs of personal career highlights.

A Blockchain Gamechanger

Kyrrex Sports is poised to shake up the blockchain space and expand the limits of what is possible. It positions talented upstarts and influential athletes alike to monetize their popularity and performance. Normally, income from shirts and player figures mostly go into the club or team’s coffers. With the new innovation by Kyrrex Sport, players in all sports can earn directly from their fame.

Kyrrex Sport Player Tiers

To give our athletes and users the best experience, we grade our tokenized individuals into three tiers. The tier an athlete lands in is determined by their current age, level and achievement within their respective sport. The tier also determines the starting price and initial valuation of a token.

Innovative Revenue Sharing

At Kyrrex Sport, we believe in the supremacy of the athlete over all else. Without the individuals who put their body on the line every day and give their all to entertain us, there wouldn’t be any sports to get excited over or make money from.

Our revenue sharing formula follows this principle by reserving the largest share of token sale income to the tokenized player. The athlete will, irrespective of their level or tier, be entitled to 60% of all sale proceeds. The rest will be used for scouting and operational costs and charity initiatives.

Kyrrex Sport P2E Fantasy Football

Kyrrex Sport creates extra utility for its tokenized products by making it the centerpiece of an all-new P2E fantasy football game. Users can stake their player tokens to participate in the game, giving it a unique spin on the stake-to-play concept.

Just like real-life football, the game requires 11 players—in this case, 11 different tokens. Users can form teams of 11 to square off against one another with KRRX tokens and special-edition NFTs on offer. Results will be decided by the comparative strength of individual tokens on each team and the real-world performance of the tokenized players.



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Top 5 Cheap Crypto to Buy Now Below 1 USD

2023 is shaping up to be a big year for tech. ChatGPT may be at the forefront of this transformation, but it is not the only big deal. New applications and use cases for AI, quantum computing, and augmented reality, to name a few, are coming into the picture. But blockchain technology is by no means left behind. Therefore, there are far more opportunities for crypto investors now than before. Of course, this is only true for investors that have foresight and can make smart decisions from relevant information.

This article lists 5 crypto options that are valued below 1 USD that you should check out. Each of these options is very likely to explode in value before the end of the year 2023.

Why You Should Care About Which Cheap Crypto Will Explode

There are two main reasons you should care about getting the best cheap crypto to buy in 2023. The first has to do with the increased ease with which novel technological innovations are applied in finance. The second has to do with the equally rising difficulty required to enter and retain profitable investment spots.

  • Rapid Tech Transformation

Tech development has been rapidly progressing, especially since the COVID lockdown. Possibly related to the subsequent isolation, radical software applications are all over the internet. The aforementioned quantum computing is just one of many. Even so, crypto remains an exclusive application because of its stand in the finance sector. Therefore, in the future envisioned for even the most radical tech, crypto has a strong presence.

Now that tech funding is shifting in favor of ICOs and decentralization of ownership, it would be advantageous to get in on the action as soon as possible. Delaying to identify cheap crypto to buy might result in significant potential losses over time since the value of these coins will increase before long.

  • Tightening of the Best Investment Spots

ChatGPT is currently one of the leading tech innovations. With it, even novice investors can quickly identify profitable cryptos using predictive algorithms. This means that the earlier an investor pegs the opportunities in the changing crypto market, the better their prospects. So, unless you run a multinational and can sway your board of directors towards investing an incalculable sum in crypto, you are better off specifying cryptos that are currently cheap.

If you can snatch good spots for yourself now, you are likely to get significant returns before the end of the year. Thus, in comparing the subsequent cryptos which are currently valued at less than 1 USD, you can position yourself for the best crypto ROI for 2023.

Top 7 Crypto Below 1 USD in 2023

1# Kyrrex

Despite appearing like a run-of-the-mill crypto, Kyrrex (KRRX) is anything but. The network is extensive and generally regarded as serving as the framework for the first global digital bank. Compared to other cryptos that link blockchain services to users, KRRX is more useful because it represents a change in the way crypto platforms operate and the digital options they offer users in addition to traditional banking.

KRRX is currently priced at $0.1768. In 2021, the crypto peaked at $1.0438. In 2022, it peaked at around $0.6306. In 2023 so far, the value of KRRX token has reached $0.4898, suggesting that the current $0.1768 is nowhere close to its peak in the last 6 to 12 months.

If for nothing else, KRRX has great prospects because of its extensive usability. The Kyrrex network functions across multiple sectors and industries and is gaining wide popularity among sports lovers, tech lovers, and committed crypto investors. As a result of these factors and the many alliances that have been formed based on the recognition of KRRX’s profitability prospects, the crypto is likely the best cheap crypto to buy now.

To purchase KRRX, first sign up. After you create an account, you can get the Kyrrex wallet running on your smartphone and web-browsing device. Buying KRRX is equivalent to investing in a crypto enterprise that is guaranteed to give you appetizing returns in the shortest time possible.

2# Hedera Hashgraph

Hedera Hashgraph (HBAR) is a leading crypto with its blockchain and consensus algorithm. Focused on boosting transaction speed and cost, the crypto is scaled to amplify the efficiency of smart contracts and even file storage. Despite using the proof-of-stake (POS) consensus mechanism, the Hedera network is designed to be secure and offer its users the best privacy and control privileges possible.

HBAR is currently priced at approximately $0.05226. Although the price has been fluctuating, it climbed to as high as $0.4769 in 2021 and $0.2616 in 2022. Even with the bad news of global inflationary pressure, the value of HBAR was recently priced around $0.08. Thus, it is clear that the token is likely to gain even before the end of the first half of 2023.

HBAR has a lot of room within which to grow in the coming months. The primary reason for this is its increasingly influential governing council with giants like Google, IBM, Dell, and LG, among many others. As these businesses integrate even further with the crypto industry, the value of HBAR will continue to peak.

Thus, HBAR is one of the best cheap cryptos to look out for in 2023. Even with stronger and more innovative crypto mechanisms on board, HBAR stands a good chance of competing with the top 10 cryptos before the end of the year.

3# Radix

The Radix crypto (XRD) is at the forefront of cryptos centered around pushing the boundaries of financial tech and applications. From the beginning, the watchword for the platform was ‘decentralization’ and that helped it develop a strong ‘DeFi’ Engine and Cerberus consensus. Thus, XRD fits into the current crypto space even with Web3 applications on the horizon, especially with Scrypto, the platform’s specially-developed asset-oriented programming language.

XRD is currently priced at approximately $0.07537. The value of the crypto peaked at $0.6209 in 2021 and $0.2571 in 2022. Despite falling to as low as $0.04 in 2023, it rose to $0.141 in April of 2023. Thus, XRD has good prospects for investors, particularly now that its value is priced at $0.075.

For the immediate/short-term growth prospects of XRD, several factors have to be considered. Among these are the launching of high-profile initiatives such as the Babylon mainnet.

In other words, as the Radix network increases its appeal to the ‘grassroots’ crypto development community, more applications will be developed which will require the use of XRD. So, users with the XRD token have an open ticket to making good profits from these applications.

4# Algorand

The Algorand crypto (ALGO) is another token centered around offering extensive blockchain services to interested users. Even though the network’s mainnet only became active in 2019, the token runs on a platform that prioritizes transaction speed and security over everything else. Moreover, the platform’s transaction fees are low relative to other POS blockchains, making the ALGO crypto more desirable.

At present, ALGO is priced at $0.163. The token went as high as $2.3811 in 2021 and $1.7882 in 2022. As for 2023, it has already climbed to $0.29 before falling to its present value, hinting at possible price advancements in the future.

ALGO was designed around a system that does not support mining. Devoid of this energy-intensive process, the token is one of those alleviating environmental concerns for crypto operations. Considering the still-growing global interest in environmental sustainability, the token will likely continue to grow in value now that more multinational companies are adhering to CSR (corporate social responsibility) practices.

Ultimately, ALGO is a token that you can buy cheaply now in preparation for an explosion in value in a short while.

5# Cardano

Where most cryptos are centered around economic reforms, Cardano (ADA) has strong interests in the political aspects of the industry and market. Specifically, the token was designed to equalize profitability prospects for users hoping to inspire or promote positive changes in the world. Consequently, owning the ADO token is thought to be equivalent to believing in a fair and secure society.

ADO is currently priced at approximately $0.3713, suggesting a fairly high valuation. As of 2021, the crypto was priced as high as $2.9664 at one time, although it fell to the peak price of $1.1858 in 2022. As for 2023, ADO has gotten to $0.4533, showing that it can still rise far higher than what it is at present.

One of the selling points of ADO is that it relies on peer-reviewed research for the development of the technologies that drive the Cardano platform and project. As a result, the token is considered to be stable compared to many others, and thus reliable.

Any crypto below 1 USD listed in this article presents a way to invest and make money in the short and long term in the crypto market. As long as you buy one or two of them, you are sure to make a good profit without worrying about the fluctuations inherent in crypto valuation.

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What is an Athlete Token?

In recent years, the world of sports has seen a new trend emerge - athlete tokens. Athlete tokens are digital assets that are issued by individual athletes or sports teams to their fans and investors. These tokens represent a stake in the athlete's future earnings potential and can be traded on cryptocurrency exchanges. But what exactly is an athlete token, and how does it work?

How Athlete Tokens Work

An athlete token is a type of digital token that is created on a blockchain network. The blockchain network ensures that the token is secure, transparent, and decentralized or centralized. Each athlete token represents a share in the future earnings of the athlete or sports team. When an athlete or sports team issues a token, they sell a portion of their future earnings to investors in exchange for the tokens.

The tokens can then be traded on cryptocurrency exchanges, allowing investors to buy, sell, and trade them as they would with any other digital asset. As the athlete or sports team earns money from their various sources of income (e.g., salaries, sponsorships, and endorsements), the investors receive a portion of the profits in proportion to the number of tokens they hold.

Benefits of Athlete Tokens

One of the main benefits of athlete tokens is that they provide a new way for fans to support their favourite athletes or teams. By purchasing tokens, fans can invest in the success of their favourite athletes and potentially earn a profit in the process. Additionally, athlete tokens can provide athletes with a new way to fund their careers or raise money for charitable causes.

Athlete tokens also provide a level of transparency that is not always present in traditional sports finance. With athlete tokens, investors can see exactly how much money an athlete or sports team is earning and receive a proportional share of those earnings. This transparency can help build trust between fans, investors, and athletes. For example Kyrrex Sport provides variety of mentioned investing opportopportunities.

Risks of Athlete Tokens

Despite the potential benefits of athlete tokens, there are also risks involved. One of the main risks is that the value of the tokens may not necessarily correlate with the athlete's earnings potential. Like any investment, the value of athlete tokens can fluctuate based on market demand and other factors, which means investors may not always see a return on their investment.

There is also the risk of fraud, as with any investment opportunity. Investors must be cautious and conduct their own research before investing in athlete tokens to ensure that they are legitimate and that the athlete or sports team has a solid track record of earnings potential.

Final Thoughts

Athlete tokens represent an exciting new development in the world of sports finance. By offering fans and investors a new way to support their favourite athletes and teams, athlete tokens have the potential to revolutionize the way that sports financing works. However, as with any investment opportunity, it is important to conduct thorough research and exercise caution before investing in athlete tokens.


#Announcement
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New Cryptocurrency Release: Kyrrex Coin (KRRX) is the next big crypto

Kyrrex Coin (KRRX)

The landscape has never been more fertile for innovative services that aim to solve some of the bottlenecks of centralized systems. At the same time, the thriving cryptocurrency industry continues to face hurdles to the goal of financial freedom for everyone because of minimal integration with traditional finance. Kyrrex is a new, disruptive, service that combines the worlds of traditional finance, online banking, and cryptocurrency on one secure accessible platform.

Kyrrex Coin (KRRX) a new cryptocurrency, will anchor transactions, trading fees and perform sundry other utilities in the Kyrrex ecosystem. As the native token on what figures to be a thriving crypto exchange and digital banking platform, there's a big potential for early investors in the coin to reap massive rewards.

The Kyrrex crypto trading platform Is a Big Deal

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These days, it seems like every developer is working on the next big crypto project. However, if everything falls in place, Kyrrex has the potential to become a genuine gamechanger. The crypto space has been crying out for an all-in-one solution where users can access, transact and manage both fiat and crypto without geographical and legal restrictions. The Kyrrex suite of products and services has plenty to offer in this respect:

  • Support for up to 177 fiat and digital currencies including the USD, Euro, Pounds, Ruble; Bitcoin, XRP, Litecoin, Cardano, Monero and EOS
  • Support for international cross-border payment services like SWIFT, SEPA, Visa and MasterCard
  • Support for direct fund transfer to credit and debit cards
  • High liquidity and low trading fees
  • Integrated cross-platform wallet

Kyrrex is an ecosystem that integrates everything the crypto user needs in one place and mitigates the need to have several accounts with different platforms. Both private and institutional traders can buy and sell cryptocurrency, convert crypto to fiat, make payments for goods and services, and enjoy low trading fees, fast transactions and minimal trading slippage on the multipurpose Kyrrex Exchange.

The Kyrrex Ecosystem at a Glance:

  1. Kyrrex Exchange. Professional crypto exchange underpinned by a fast engine, high-grade cryptographic encryption and ample liquidity to buy and sell the biggest popular digital currencies as well popular new crypto listings.
  2. Liquidity Hub. A service that facilitates high-volume trading and pressing liquidity needs for projects through a reliable order book and real-time data streams.
  3. Kyrrex Wallet. A multi-coin and non-custodial wallet for crypto storage and portfolio management. Users can back up their funds to protect against unauthorized access.
  4. Kyrrex OTC. Over-the-counter trading services for retail and institutional traders at competitive rates.
  5. Kyrrex Banking Platform (upcoming). An online banking platform that streamlines crypto-fiat transfers and cross-border payments.
  6. Kyrrex Tokenization Platform (upcoming). A service that allows institutional clients to tokenize any viable asset.
  7. Kyrrex Merchant Platform (upcoming). A platform that enables direct access between the crypto and eCommerce worlds.

With so many new crypto releases coming out everyday, it's impossible to say for sure which ones will become successful and which ones will turn out to be big busts. However, the best bet is always to go for new coins with an underlying service platform that enables multiple use cases.

With a business plan that promises to impact the worlds of crypto and traditional finance in a big way, there's no doubt that Kyrrex is poised to become a popular name in the cryptosphere. Investors who get in on the action now will be smiling to the bank once the platform hits the mainstream.

Kyrrex Coin (KRRX): The Next Big Crypto Coin

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Kyrrex Coin (KRRX) is perhaps the most exciting new crypto coming out this year. It certainly has the potential to become one of the biggest exchange coins in the fullness of time.

KRRX is the native token of the Kyrrex ecosystem and its utility is tied to the platform. Currently in presale, this token is shaping up as one of the best new coins to invest in because it will become an indispensable utility token on a platform that's poised to make waves in the crypto industry.

A New Cryptocurrency Release Waiting to Explode

A look at the starting and current prices of the main exchange tokens like Binance's BNB, Okex's OKB, FTX's FTT and Crypto.com's CRO clearly shows that exchange coins are among the biggest source of crypto profits for early investors. Whereas most crypto tokens are just speculative assets with no intrinsic value, exchange coins are attached to the parent platform. As the exchange grows and attracts new traders and investors, the usability and demand for the platform token will increase commensurately.

Therefore, an exchange coin like Kyrrex is very likely to be the next big crypto product. Not only will Kyrrex compete with the biggest exchanges around, it is bringing in features to the crypto space that other platforms can only dream of. This means that the KRRX token will have many uses across different services on the Kyrrex ecosystem which in turn will drive demand from traders and investors.

The key to maximizing returns from the new coins coming out is to get in as early as possible. That means grabbing a piece of the token before it officially comes to the market at TGE.

KRRX is a TRC20 Token

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When looking for the next big crypto project to invest in, many things need to be considered in order to make an informed decision. One important thing that should be checked is the protocol or blockchain the coin will be issued on.

While every blockchain claims to be decentralized in some way, there will naturally be some separation between them. One chain might be the most popular, another the fastest, a third the most scalable, and a fourth the most innovative. These different qualities have implications for the cryptocurrencies issued on the blockchain. A mishap or hack on a chain can affect all the tokens that use that protocol. For this reason, certain blockchains are more desirable than others for a new cryptocurrency release.

Kyrrex Coin will be issued on the Tron blockchain and use the TRC-20 protocol standard. Tron was founded in 2017 and managed by the Tron Foundation. It is one of the top blockchains and best crypto 2021 token-issue protocols.

Tron is a blockchain platform with no middleman. It is built to deregulate and decentralize the Internet by taking control away from big corporations and handing it over to individuals. Tron is a highly-secured hub of permissionless tools and protocols that uses smart contracts to deploy decentralized applications.

Launching on Tron will enable Kyrrex to build a robust and censorship-resistant ecosystem and promote speedy transactions since Tron can handle 2000 transactions per second — a number many times that of Ethereum's.

Apart from these, the TRC-20 standard will offer holders and users the following benefits:

  • Decentralized payment processing
  • Fast and easy token swaps
  • Compatibility with Tron wallets across all platforms

Thus, Tron is a great choice as the blockchain for the native token of the Kyrrex ecosystem.

KRRX Token Presale Telegram Launch

The team behind any new cryptocurrency coming out usually have several methods available to acquire funding for the project through initial sale. Depending on the characteristics and goals of the coin, it can launch via ICO, IDO, IEO or the traditional route of securing funding from venture capital and angel investors.

Kyrrex are using a unique method for the Kyrrex Coin presale. Before we delve into that, we can take a brief look at the different ways to secure funding for a cryptocurrency project.

An Initial Coin Offering (ICO) in the crypto space is analogous to an initial public offering (IPO) in the stock market. During an ICO, a crypto company issues its token to interested investors who pay for their stake in fiat or a specified digital token. The token may have some practical use besides its value or it may just stand for a stake in the project.

After Ethereum sold out its ICO in 2014, coin offerings became the favorite way that new coins launched until a lot of investors lost money during the "ICO craze" of 2017. Many projects got advertised as the "next big crypto" but turned out to be pump and dump schemes. Thereafter, ICOs began to acquire a nefarious reputation.

To combat this perception about initial token offerings and restore investors' confidence in genuine projects, crypto creators began to explore better and safer methods to launch their tokens. This led to…

The Initial Exchange Offering (IEO), an ICO that uses a popular (and centralized) exchange as a launchpad. The token issuer reaches an agreement with the chosen exchange to use their platform to offer the token to users of that exchange and pays a listing fee for the service.

An IEO lends credibility to new cryptocurrencies. This is because investors will be confident that the exchange has done its homework and wouldn't throw its backing behind a scam or poorly-planned project.

Nevertheless, a company that uses the IEO model typically also has to give up a percentage of the token (or token sales) to the exchange. It's essentially a trade where the exchange sells its reputation for money and other benefits.

However, many people are wary of participating in IEOs because of the lack of anonymity on centralized exchanges.

With an Initial DEX Offering (IDO), there's no need to sign up to an account or fill a KYC form on a centralized exchange. With just a wallet and the coins needed to purchase the token, the investor is all set.

A DEX is a decentralized exchange where anyone can transact or swap tokens anonymously. A variation of the DEX is the launchpad: an on-chain or chain-agnostic platform designed specifically to facilitate token launches.

However, launching via an IEO or or IDO has its drawbacks and the Kyrrex team has taken this into consideration when planning the medium for the initial presale to investors. Using a centralized or decentralized exchange means giving up some control over the specifics of the token sale.

Moreover, an IEO or IDO presale runs the risk of being hijacked by bots and whales, which would be a less than ideal outcome. It's better to spread the tokens around rather than have it concentrated in the hands of a few people who know how to game the system.

For this reason, the Kyrrex token launch follows a hybrid model that guarantees exclusiveness and anonymity for early investors and then a fair IEO public sale which everyone can participate in. The private sale round for early investors was massively oversubscribed and this has led to much anticipation ahead of the main release to the general public.

KRRX Tokenomics

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The Kyrrex team is focused on attracting investors who are committed to the long-term vision of the project. Patience and support will be key as the platform organically takes shape. The private sale and subsequent pre-launch sale rounds will onboard buyers of all stripes willing to bet on the token's potential as possibly the next big crypto success story.

The total supply of KRRX is 500m. This means that the maximum amount of Kyrrex Coin tokens that can exist is capped at 500m. No new tokens will be issued beyond that figure.

Out of the 500m KRRX tokens, 250m tokens are available for distribution during the presale and launch rounds.

  • Private sale — 50m
  • Presale — 50m
  • Public sale (IEO) — 150m

The public sale round will give everyone the chance to grab a share of 150 million KRRX tokens at a price of one dollar per token when the coin is officially launched on its own exchange.

That still leaves 250m Kyrrex tokens. 50 million of that will be used to power the platform's operational costs and the remaining 200m tokens will be locked. However, there will be periodic unlocks every six months for four years.

KRRX is a deflationary token due to its capped total supply and the team intends to slowly burn KRRX coins in the future until there are only 250 million tokens left.

Holders of the Kyrrex token will be able to stake their coins to earn interest and unlock exclusive rewards.

With a multitude of new coins to mine and invest in, investors are more at ease with a company that is transparent about what it will do with the funds generated after a crypto launch and how it'll be divided between different platform needs.

The funds generated from the Kyrrex sale rounds will be utilized as follows:

  • 45% to develop the platform and the services that will be available at launch.
  • 35% for marketing the token to a wider audience.
  • 10% to legally acquire the licenses needed for the online banking arm of the platform.
  • 10% insurance fund to hedge against unforeseen events in the future.

Kyrrex Coin Token Benefits and Utility

Buying and holding KRRX is a key that unlocks lots of benefits on the Kyrrex multipurpose platform. In addition to projected future increases in the price of the KRRX coin, holders can also enjoy the benefits listed here:

  • Staking KRRX to earn more of the token
  • Trading rebates of up to 60% off for those who've staked their KRRX
  • Easy settlement of subscription free for social trading and multi-account management
  • Additional discounts for referring users to the platform when staking KRRX
  • Bonuses for using and referring others to the online banking service
  • Opportunity to acquire recently added coins via IEO on the Kyrrex exchange
  • Pay reduced prices for goods and services on the eCommerce platform

Why KRRX Can Be the Next Big Crypto

The Kyrrex team is focused on attracting investors who are committed to the long-term vision of the project. Patience and support will be key as the platform organically takes shape. The private sale and subsequent pre-launch sale rounds will onboard buyers of all stripes willing to bet on the token's potential as possibly the next big crypto success story.

The total supply of KRRX is 500m. This means that the maximum amount of Kyrrex Coin tokens that can exist is capped at 500m. No new tokens will be issued beyond that figure.

Out of the 500m KRRX tokens, 250m tokens are available for distribution during the presale and launch rounds.

  • Private sale — 50m
  • Presale — 50m
  • Public sale (IEO) — 150m

The public sale round will give everyone the chance to grab a share of 150 million KRRX tokens at a price of one dollar per token when the coin is officially launched on its own exchange.

That still leaves 250m Kyrrex tokens. 50 million of that will be used to power the platform's operational costs and the remaining 200m tokens will be locked. However, there will be periodic unlocks every six months for four years.

KRRX is a deflationary token due to its capped total supply and the team intends to slowly burn KRRX coins in the future until there are only 250 million tokens left.

Holders of the Kyrrex token will be able to stake their coins to earn interest and unlock exclusive rewards.

With a multitude of new coins to mine and invest in, investors are more at ease with a company that is transparent about what it will do with the funds generated after a crypto launch and how it'll be divided between different platform needs.

The funds generated from the Kyrrex sale rounds will be utilized as follows:

● 45% to develop the platform and the services that will be available at launch.

● 35% for marketing the token to a wider audience.

● 10% to legally acquire the licenses needed for the online banking arm of the platform.

● 10% insurance fund to hedge against unforeseen events in the future.

Kyrrex Coin Token Benefits and Utility

Buying and holding KRRX is a key that unlocks lots of benefits on the Kyrrex multipurpose platform. In addition to projected future increases in the price of the KRRX coin, holders can also enjoy the benefits listed here:

  • Staking KRRX to earn more of the token
  • Trading rebates of up to 60% off for those who've staked their KRRX
  • Easy settlement of subscription free for social trading and multi-account management
  • Additional discounts for referring users to the platform when staking KRRX
  • Bonuses for using and referring others to the online banking service
  • Opportunity to acquire recently added coins via IEO on the Kyrrex exchange
  • Pay reduced prices for goods and services on the eCommerce platform

Why KRRX Can Be the Next Big Crypto

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History has proven that successful crypto projects have certain characteristics that helped them to stand out in a crowded field where thousands of coins are vying for attention. Though not everyone can agree about what a good crypto coin is, there are some elements shared by all good coins.

Bitcoin managed to successfully kick off the crypto craze because it offered a way to easily bypass centralized payment systems. Moreover, it was secure while doing so, meaning everyone could transfer their funds via bitcoin with confidence. It didn't just exist for its own sake but solved a real-world problem. Platforms like Ethereum expanded on crypto's core principles by offering a way to build censorship-resistant applications where people can anonymously perform any type of transaction imaginable.

Kyrrex Coin is a secure ecosystem token which can be held on any supported wallet as well as various exchanges after its public listing. Wallets have a permission mechanism called a private key without which nobody can access the funds stored in the wallet. You can either move your tokens to a supported wallet or keep it on a secure exchange

Though Kyrrex is the native token of a centralized exchange, the platform itself is subject to rigorous regulation which will help keep them on their toes and bringing out the best services and practises for readers and investors. Being an AML-compliant service means the token is less risky compared to coins whose developers don't have to answer to any authority.

Even so, the private sale, presale and public sale rounds figure to spread half of the tokens to investors with the other half slowly being unlocked and put in circulation. This will eliminate the possibility of undue manipulation by whales and subject the token to the market forces of demand and supply.

Furthermore, KRRX is a token with established utility. Many presumed "next big crypto" projects launch with so much fanfare but actually have nothing to offer the users. Kyrrex Coin is a different kettle of fish. It solves a practical problem. It serves as the utility token of the Kyrrex ecosystem just as Binance Coin (BNB) and FTX Token (FTT) perform the same roles on the Binance and FTX platforms respectively. Kyrrex Coin will eventually mature into a payment method for goods and services on the Kyrrex marketplace and affiliated sites.

In addition, the KRRX coin is an easy-to-use token. Once the Kyrrex exchange goes live, users will be able to buy, sell and manage their tokens through Android, iOS or a computer browser and a simplified interface like any popular cryptocurrency. Moroever, the coin will be available on top exchanges so users won't need to go looking for it in some secret corner of the crypto web.

A well-backed exchange is one of the surest things in crypto because the demand for more avenues of trading coins keeps increasing as the industry slowly gains mainstream attention. This makes the Kyrrex Exchange a new cryptocurrency launch 2021 sure banker. Hence, KRRX, the flagship token of the ecosystem, will be in high demand. Traders and investors that flock on the platform will need KRRX for staking, trading and other activities on the platform thus ensuring sustainable interest in the token. This will drive its value up and keep it on the public radar.

Unlike fiat currencies and certain digital coins like Ether, Kyrrex Coin is a limited-supply token. There will only ever be 500 million KRRX in circulation this ensures some scarcity and creates deflationary pressure which will help keep the coin on an upward trajectory in a volatile market. The controlled release schedule and regular token burns will also help ensure price stability.