Ø Crypto Union is a bank that wants to use Komodo's technological tools to launch and manage financial products with a focus on the KMD community.
We want to provide the Komodo community access to financial services that make it easy to use cryptocurrencies in everyday life.
- Transact with your KMD balance
- Hold and spend with a collateralised line of credit
- Saving with a stable coin backed by debt
In order to be able to bring these services to the Komodo ecosystem, we have recently started our crowdfunding campaign. With great thanks to Indenodes for their assistance, the structure is simple - when each target is reached, we will deliver the service and funds are unlocked allowing us to progress to the next goal!
It’s with many thanks to the exceptional community the first stage of our fundraising has already been achieved!
There is still so much more to bring to fruition though!
KSB asset chain live: Complete
Upon reaching our first milestone, KSB has been launched! KSB is a new type of stable coin, designed to bring versatility to the KMD ecosystem, it is backed and secured by collateralised debt, a first of it’s kind!
https://ksb.money/GXE to OUR Asset chain migration: 45%
GXE is the security token of Ø Crypto Union and is akin to holding traditional shares in the company. We aim to move GXE from its current Eth223 format and place it upon its own KMD asset chain. We’ll also take this opportunity to rebrand and swap the token ticker from GXE to OUR!
Getting involved in the crowdfunding campaign is easy and rewarding!
Participate in this exciting Komodo Crowdfunding Project by contributing to:
RXQpT2t2FyFSNTWtgMq594nwGrsHtpknxD
Escrow service provided by JL777
(do not contribute from an exchange address!)
Ø Crypto Union's contribution of the crowdfunding is 875 000 ØUR. The token allocation for each step will be redistributed to all participants (1 KMD=7 OUR)
For further details of the goals that lie ahead and how we aim to deliver, please visit;
https://ocryptounion.io/komodo-campaign/ Follow Us:
Website:
https://ocryptounion.ioTwitter:
https://twitter.com/OCryptoUnionMedium:
https://medium.com/ocryptounionDiscord:
https://discord.gg/5HdQ6kH
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