Coin 'KSTA' Listed on Global Exchange 'XT.com'

Available for trading from the 22nd

Andrew Park, CEO of K Stadium operator (left), and Alvin Warin, CEO of XT.com. Photo by K Stadium

Global decentralized autonomous organization (DAO)-based venture capital 'K Stadium' announced on the 21st that it will list its coin 'KSTA' on the global centralized exchange (CEX) 'XT.COM'.

This is the third exchange listing for K Stadium in the fourth quarter of this year. In October, K Stadium listed KSTA on LBank, and in November, it also listed the reward token 'LOUI' on LBank.

According to global crypto asset rating agency CoinMarketCap, XT.COM is ranked around 18th in the world with over 6 million users. It offers a wide range of trading categories including OTC, spot, margin, contracts, and derivatives. KSTA, additionally listed on XT.COM, began deposits on the 21st and will be available for trading from the 22nd.

K Stadium owns its own decentralized exchange (DEX) called 'Athenswap'. Network participants can use financial services on this exchange to swap project tokens received through investments.

Furthermore, K Stadium started offering a 'Launchpad' service this year, allowing individuals to freely invest in startups. The Launchpad is an investment-linked service that enables individual users to choose various profit-generating options without community consensus. The first Launchpad held at the end of October sold out 20 million project tokens within two days, ending early. K Stadium plans to conduct a new Launchpad within this month.

In the first half of next year, K Stadium plans to launch the IDO (Initial Dex Offering) of Athenswap. IDO is a coin sale method conducted on decentralized exchanges. Through the IDO launch, K Stadium aims to increase early investment opportunities and benefits for individual users.

A K Stadium representative explained, "In today's Web 3.0 market, promising projects are mostly preempted by institutional investors, leaving few opportunities for individual investors. K Stadium focuses on providing early investment opportunities for promising projects at various stages."

Additionally, K Stadium is conducting a beta test of 'R2E (Referral to Earn)', a reward system developed as a driving force for new user inflow by the end of this year, and plans to accelerate additional inflows starting next year. R2E is a reward system that benefits all users contributing to new user inflow through network activities, using referral codes assigned to users' accounts. All users in the network can share their codes with others, and referrers receive rewards based on the referred users' activities within the ecosystem.

A K Stadium representative said, "Thousands of new accounts flooded in within five days during the reward distribution event held to celebrate the beta release of R2E recently," adding, "We will fully implement the official version next year to further accelerate additional inflows."

This content was produced with the assistance of AI translation services.