Friday February 26, 2021
Bitcoin (BTC) $47,139.00   Ether (ETH) $1,487.91
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Featured

Kyber Network integrates with token sale platform Daonomic

Published by CryptoNinjas.net
12/28/2018
Kyber Network integrates with token sale platform Daonomic

Kyber Network (KNC), a liquidity protocol allowing decentralized token swaps to be implemented into any application today announced it has partnered with Daonomic, a project that specializes in launching different types of token sales, managing token issuance, and migrating real-life assets to the blockchain. The integration will provide Kyber users the option to participate in Daonomic token sales using a wide range of tokens.

Daonomic will be the first of a new class of integrations with Kyber Network that will help make the token sale experience more seamless. The goal is to facilitate token sales in a way that creates a fair, transparent and widely-distributed token economy. Within this context, the Kyber team elected to discontinue KyberGO, a token sale hosting platform that provided a place for individuals to contribute to ICOs using different ERC20 tokens. This will allow the Kyber team to focus its liquidity protocol to be used by the entire ecosystem for token sale contributions.

“At Kyber, we are focused on allowing any token to be used anywhere. Our liquidity protocol serves a very wide range of platforms and applications, from wallets, financials DApps, to games and other unique applications. Over the last two years, we’ve also seen an explosion of token issuance events with hundreds of teams creating and issuing tokens.”

Anton Buenavista, Developer at Kyber Network

Daonomic

Daonomic is an automated solution to launch and manage utility and security token sales (STO). Unlike typical providers, Daonomic offers a self-service tokenization toolkit that allows token teams to create a token and start a token sale, without requiring any coding, technical expertise, or blockchain experience. Their simple web interface template provides easy navigation and offers standard pre-engineered models with automatically generated smart contracts. There is also a built-in KYC engine that supports both open-source self-hosted and 3rd party-integrated verification services. Other key features provided by Daonomic include broker-dealer services and real-time token emission after payment.

What is Daonomic using Kyber for?

Daonomic has integrated Kyber to expand available payment methods for investors. Token issuers using Daonomic’s platform and software can easily add the feature to offer ERC20 payments during their token sale, allowing the investor to easily pay with any ERC20 token supported by Kyber. The integration is already live, and there are projects in the pipeline that will be utilizing it for their token sales.

Below are examples of how the ERC20 token payment feature will look to Token issuers and investors:

When an issuer creates a token:

Check out the video below of how a project can create a new token and launch a sale, as well as enable users to pay with ERC20 tokens:

When an investor purchases tokens:

Check out the video below of how a user contributes to a token sale using ERC20 tokens:

Any token sale or issuance platform can integrate Kyber’s payment technology (natively or as a widget), effectively allowing their users to participate in token sales using different ERC20 tokens, yet receiving payment in its preferred token. For instance, token issuers can now receive payment not just in ETH, but also in stablecoins such as DAI or TUSD.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

‘Katalyst’ protocol upgrade and new KNC token model goes live on Kyber Network
Networks & Protocols

‘Katalyst’ protocol upgrade and new KNC token model goes live on Kyber Network

07/07/2020
Switcheo completes integration of Kyber Network liquidity protocol
Crypto Exchanges

Switcheo completes integration of Kyber Network liquidity protocol

12/24/2019
Crypto wallet Eidoo adds Kyber for in-app token swaps
Wallets

Crypto wallet Eidoo adds Kyber for in-app token swaps

12/16/2019
KyberSwap Android
Vendor Technology

ERC20 token exchange dApp KyberSwap launches on Android

08/20/2019
HTC blockchain phone EXODUS 1 integrates Kyber Network for token swaps
Vendor Technology

HTC blockchain phone EXODUS 1 integrates Kyber Network for token swaps

05/14/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Bitcoin ATM company Lamassu unveils brand new operator admin system

Bitcoin ATM company Lamassu unveils brand new operator admin system

02/23/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

02/22/2021
Crypto exchange technology platform HollaEx gets upgraded suite

Crypto exchange technology platform HollaEx gets upgraded suite

02/18/2021
LATAM bitcoin exchange Bitso secures insurance policy on user's crypto deposits

LATAM bitcoin exchange Bitso secures insurance policy on users’ crypto deposits

02/25/2021
Coinbase files registration statement for proposed public stock listing 

Coinbase files registration statement for proposed public stock listing 

02/25/2021
Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

02/25/2021
Boson Protocol partners with Crucible to enable brands and games reward users with real-world items

Boson Protocol partners with Crucible to enable brands and games to reward users with real-world items

02/25/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version