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Kronos DAO Announces Public Sale Date

Rome, Italy, Mar 24, 2022 - (ACN Newswire) - Kronos DAO, the next evolution of reserve currency protocol, has announced its public sale date. Scheduled for March 28th, 2022, the public sale will be a good opportunity for prospective token holders to participate in the project. In addition to a public token sale, Kronos DAO has slated April 8, 2022, as its partnership date with CORENODE.

In anticipation of the public sale, Kronos DAO has garnered over $540k.

Kronos DAO introduces a Future Fund facet that will see the next-generation DAO reserve protocol invest 15% of profits in its treasury in emerging start-ups in the blockchain space. Through Future Fund, Kronos DAO will hope to accelerate the growth of these nascent start-ups, ergo transforming the DAO protocol into an on-chain venture capital firm.

Kronos DAO is committed to generating interest in investments for investors by building, incubating, and investing in start-ups at their early stages.

The $KRONOS Token

Kronos DAO has launched a native token, $KRONOS. The token will govern the DAO project - -acting as a governance token for making and implementing significant decisions on the ecosystem. $KRONOS has launched on Binance Smart Chain [BSC]. It is also available for exchange and swap on PancakeSwap. Currently, talks are underway to expand it to cross-chains in the coming months.

A total of 10 million $KRONOS, Kronos DAO has set aside 40% for the public sale as it seeks to build its treasury.

Kronos DAO will offer token holders a sustainable passive income source for staking $KRONOS on its staking platform. Through auto-compounding, Kronos DAO will reward token holders with $KRONOS.

The DHP (Diamond Hands Protocol) will allow community members to earn $KRONOS on the staked amounts according to different reward levels. Members will receive enhanced tips once Diamond Hands Protocol is activated. The corresponding bonus level, eventually reached, will be applied to each single staked amount.

Kronos DAO incorporates an additional earning opportunity for community members: the Diamond Hands Node (DHN). This program of 3 days to 30 days reward accumulation time. will allow community members to earn an extra profit of $KRONOS to add to the rewards when you claim them in relation to the bonus level reached.

An Ambitious Roadmap

The Kronos DAO team has planned out a strategic, ambitious, and feasible project roadmap. Split into five phases - each scheduled for completion in a month - Kronos DAO will, after the public sale, hire Cyberscope and Certik to audit its smart contract. Furthermore, Kronos DAO will hope to have its token, $KRONOS, listed on CoinMarketCap and CoinGecko - two leading crypto analytics websites.

An Open NFT Kronos DAO whitelist will also take place.

About Kronos DAO

The next evolution of a reserve protocol, Kronos DAO, is a project that aims at generating enormous returns for investors through the building, incubating, and investing in crypto start-ups in their embryonic stages. Kronos DAO has introduced a suite of modern features as it seeks to accelerate the growth of emerging start-ups while rewarding users for committing their tokens to the platform.

Public Sale
KronosDAO: https://bsc.kronosdao.ai
Pinksale: https://www.pinksale.finance

Social Links
Telegram: https://t.me/KRONOS_community
Twitter: https://twitter.com/dao_kronos
GitHub: https://github.com/Kronos-DaoDefi
Discord: https://discord.com/invite/CrUeCMBPFp
Medium: https://medium.com/@kronos_dao

Media Contact
Brand: Kronos DAO
Contact: Tommy
Email: [email protected]
Website: https://kronosdao.ai

SOURCE: Kronos DAO



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

NeoNexus Founder Won’t Continue to Work On The Metaverse Project

The NeoNexus founder stated that the team won’t continue developing the project which was a metaverse NFT, blaming the drop in Solana prices for the decision as we can see more today in our latest blockchain news. The estimates show that the metaverse project raised 25,000 SOL with NFT mints and earned between $2 to […]

Another Day, Another Rug

March 22, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Staking ETH will most likely yield 10-15% APY after The Merge.[...]

The post Another Day, Another Rug appeared first on Unchained Podcast.

Solana (SOL) is targeting $100 in the days ahead – Here is how this will happen

Despite various bearish predictions over the last three weeks, Solana (SOL) has remained quite…

The post Solana (SOL) is targeting $100 in the days ahead – Here is how this will happen appeared first on Coin Journal.

The UK May Build a £16 Billion Solar Power Station in Space. Here’s How It Would Work

solar power in space
The UK government is reportedly considering a £16 billion proposal to build a solar power station in space. Yes, you read that right. Space-based solar power is one of the technologies to feature in the government’s Net Zero Innovation Portfolio. It has been identified as a potential solution, alongside others, to help the UK achieve […]

Qatar Central Bank Studying Digital Banks and CBDCs

Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of focus should be. The Growing Significance of CBDC An official with the Qatar Central […]

Blue Chip Token Aave Surges 17% Amid Latest Upgrade: Analysis

The Blue Chip token Aave surges 17% amid the latest upgrade as we are going to see further in our latest altcoin news today. The latest upgrade to lending and borrowing protocol Aave was greeted with a surge in buying activity. The project’s native ERC-20 token AAVe which is used for staking and governance and […]

Caution Traders! Bitcoin (BTC) Price To Suffer Another Pullback Prior To $43k This Weekend!

Bitcoin

The post Caution Traders! Bitcoin (BTC) Price To Suffer Another Pullback Prior To $43k This Weekend! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The cryptosphere’s yearn for a bull run, now finds possibilities, as the industry tends to recover from its setbacks. Wherefore, investors now eye on the star crypto Bitcoin, in hope of it retracing its path to the bulls. Successively, folks from the crypto town are analyzing the foot movements of Bitcoin and its price projections …

Today’s Crypto Boost: The FED, Inflation, And Global Adoption

Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption might be adding weight to the boost. Related Reading | Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To $50K What Hikes? Crypto Reacts To The FED The Federal Reserve just lifted rates 25 basis points, raising rates for the first time since 2018. Six more hikes are expected in 2022. The markets have been experiencing volatility following expectations for a more hawkish FED, given the implications of the Russo-Ukrainian war, rising U.S. inflation, and increasing Covid-19 cases. In the day, the crypto market had a downward reaction first, which experts described as a fake-out, then started to react to the upside. Experts expressed during a Fox Bussiness Live that the FED is lagging behind and this move will not affect the economy. They added that the FED is giving investors a plain field to do well in stocks, “not worrying about the U.S. economy.” Similarly, the light interest raise hikes are looking positive for bitcoin and consequently for other crypto-assets as well. Chair Jerome Powell claimed that “the probability of a recession within the next year is not particularly elevated,” and added, “All signs are that this is a strong economy, one that will be able to flourish — not to say withstand, but certainly flourish — in the face of less accommodative monetary policy.” As NewsBTC has been reporting, the 25bps hike scenario looks bullish for Bitcoin for its more passive stance. As many believe the FED’s dovish move comes as a late reaction and will do little to nothing to the U.S. inflation, investors might be taking refuge in Bitcoin as it has happened before. Inflation is expected to remain high at 4.3% by the end of 2022, above the Fed’s annual target of 2.3%. Keeping savings in the bank only means a loss of purchasing power, and as a result, many people might start to see Bitcoin as a hedge against these losses. Cameron Winklevoss, the co-founder of Gemini, argues that the best way to shield yourself from rising inflation is Bitcoin. “Imagine paying a money manager 7.9% a year to do absolutely nothing with your money. That’s what inflation is. It’s a hidden management fee that comes with no return. Today, if you hold USD cash, you are paying the US government 7.9% to do nothing with your money. Scary.” Ukraine Sings Crypto Regulation Amidst the Russo-Ukrainian war, crypto has also been looking like the only feasible option to the people affected by the invasion and sanctions. Ukraine has benefited from crypto assets in several ways during the war. They have received over $108 million in donations in crypto-assets and reportedly, citizens have been able to use digital coins as a tool to safely take their funds with them when fleeing the country. Moreover, regulatory clarity for crypto in the U.S. and other places is expected. Many politicians are taking stances in favor of cryptocurrencies, and Ukraine’s president Zelensky is not lagging behind. Volodymyr Zelensky just signed a law “on virtual assets” to legalize crypto. An official statement says that this law “creates conditions for the launch of a legal market for virtual assets in Ukraine.” “The signing of this Law by the President is another important step towards bringing the cryptocurrencies sector out of the shadows and launching a legal market for virtual assets in Ukraine.” The deputy minister of digital transformation, Alex Bornyakov, expressed that they believe “that crypto industry offers new economic opportunities. We will do our best to bring the bright new future closer as soon as possible.” This does not mean cryptocurrencies are a legal tender in Ukraine, but crypto holders are now legally protected in the country. This favorable sentiment appears to be growing amongst many politicians and governments around the world, which could turn into a rapidly growing institutional adoption of crypto. As both Russians and Ukrainians have found themselves in need of an alternative to the traditional financial institutions, they have also sought refuge in bitcoin and stablecoins. Besides the functional side experienced by Ukrainians, Russians could be finding in crypto a refuge from their devalued ruble. This sets a worldwide example and could end in a positive scenario for the market. Related Reading | Leading News Outlets In Ukraine Aim To Secure $1 Million By Selling NFTs

The State of Cryptocurrency Tax Reporting in 2022: Report

Welcome, Cryptonauts. It looks like It’s everybody’s favourite time of year again: Tax season. 🥳 🙄 It is no secret that tax reporting can be complex, especially for crypto holders, as trying to navigate the constantly changing crypto tax landscape with a lack of a structured taxation framework is an administrative nightmare. Luckily, with the […]

The post The State of Cryptocurrency Tax Reporting in 2022: Report appeared first on Coin Bureau.

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