Kyber Network Crystal
Name
Kyber Network Crystal
Summary
Kyber is a decentralized liquidity protocol that pools liquidity reserves to enable rapid and secure token exchange in a variety of decentralized applications (dApps).
-It was founded by Loi Luu, Victor Tran, and Yaron Velner
-The Kyber Network Crystal (KNC) cryptocurrency is an Ethereum-based ERC-20 token.
Rating
Symbol
KNC
Overview
Kyber Network is a liquidity protocol hub that combines liquidity from several sources to provide secure and instant transactions on any decentralized application (DApp). Kyber Network's major purpose is to provide DeFi DApps, decentralized exchanges (DEXs), and other users with easy access to liquidity pools with the best rates.
On Kyber, all transactions are on-chain, which means they can be validated with any Ethereum block explorer. Projects can build on top of Kyber to take advantage of all of the protocol's features, including rapid token settlement, liquidity aggregation, and a customized business model.
Kyber aims to address the issue of liquidity in the decentralized finance (DeFi) industry by allowing developers to create products and services without having to worry about liquidity for various needs.
Historical Price Movement (in INR)
Technology
Kyber is an ERC-20 token that is developed on top of the Ethereum network and safeguarded by it. Furthermore, Kyber has a robust trust and security model that safeguards users against malicious administrators or exchanges, thanks to security features integrated into the protocol and smart contracts.
Use of Native tokens in the ecosystem: The Kyber Network Crystal (KNC) token is a utility token that serves as the "glue" that holds Kyber's ecosystem together. Stake your KNC tokens in the KyberDAO to help manage the network and vote on critical proposals —- and receive Ethereum (ETH) staking rewards from trading fees.
ICO
61.06%
Founders, advisors, and seed investors
19.47%
Company
19.47%
Volume (29h May 2022)
$55,476,976
Total Supply
177809350
Circulating supply
177,809,349.53 KNC
Crowd Sales
Kyber Network has raised a total of $60.4M in funding
Funding
1/8/2020: Secondary Market- NA
10/1/2020: Venture Round-NA
17/09/2017: ICO-$60M
10/9/2017: Seed Round- $350K
Country
Singapore
Name of Organization
Kyber Network
Year Incorporated
2017
Registered Address
-
Dispute Resolution and Governing Law
Singapore
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Loi Luu | Co-Founder | National University of Singapore: Doctor of Philosophy (Ph.D.), Computer ScienceVietnam National University, Hanoi: Bachelor's degree, Computer Science | 8 Yrs |
| Victor Tran | Co-Founder | University of Engineering and Technology, Vietnam National University: Bachelor of Science (B.S.), Computer Science | 11 Yrs |
| Yaron Velner | Co-Founder | Tel Aviv University: Doctor of Philosophy (Ph.D.), Computer ScienceTel Aviv University: Master’s Degree, Computer Science | 6 Yrs |
Whitepaper 
