Why It’s better not to list MANTA and focus on the Mainnet with CALAMARI
In this report, we perform a quick review on Calamari Network (KMA) and its potential upside.
Calamari Network is the plug-and-play privacy-preservation protocol built to service the entire DeFi stack on Kusama (and Manta Network on Polkadot).
In other words, it is a private layer built for the entire Kusama ecosystem. Built on the Substrate framework, Calamari Network is natively compatible with other projects and parachain assets including wrapped major cryptoassets.
Calamari Network offers a suite of products and services that enable privacy for blockchain projects. As part of its own suite of products, Calamari Network offers private payment and a private decentralized exchange, MantaSwap. Manta’s founding team comprises many US cryptocurrency veterans, professors, and scholars whose experience include Harvard, MIT, and Algorand.
You may also refer to our past review on the Manta Network here! Link
You may refer to the link below for more transparency on their roadmap: Link
The price of the coin is 90% down its All-Time-High (ATH), meaning that it comes with high gains probability should it come back to ATH in the future!
Their Upcoming Products (Lots of it in the pipeline!)
Let’s look at some of their upcoming offerings!
MariPay supports the private transfer of Kusama and its Parachain assets. Users can transact popular assets like stablecoins and wrapped BTC while simultaneously reaping the benefits of on-chain privacy through ZKP.
MariSwap offers users the capability of swaps between parachain assets while preserving the privacy of the user addresses. It also provides never-before-seen features in the industry.
We invite you to watch this video to understand more about their newly launched Dolphin testnet too, the private payment system that will be deployed on Manta Network’s main net as MantaPay, and Calamari Network’s main net as MariPay. Link
A Fair Token Launch
Total Supply: 10,000,000,000
10,000 KMA rewarded for every 1 KSM
Calamari Token $KMA is distributed with a community-first focus. Up to 30% of the project’s entire supply is distributed to PLO participants as part of the rewards for helping Calamari Network secure a parachain. Furthermore, $KMA does not have any private sales or team tokens.
Frontline Supporters: 10% Bonus
- The first 500 supporters receive a 10% bonus reward of $KMA.
Early Supporters: 5% Bonus
- Supporters 501 to 1,000 receive a 5% bonus reward of $KMA.
Referral Fees: 5% Bonus
- Referrers and referred supporters both receive 2.5% bonuses in $KMA.
How and Where to Buy KMA token?
KMA has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy KMA token.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB).
KMA is the sibling of Manta Network. It has big upside potential, and can also complement the Manta Network like never before! Remember that the key to surviving the bear market is to invest in companies that are building, in spite of the noise. Lots of features have been promised, and now it is up to the team to deliver.
KMA might just be that company. Stay low, and keep on swiming. Just like a Manta Ray (no pun intended)