KAT Listing Announcement

Published in

CPDAX

4 min readFeb 8, 2019

We are incredibly pleased to announce that Kambria’s KAT Token (KAT) will be listing on CPDAX on Tuesday, 12th February 2019 at 15:00 KST. Wallets will be opening for deposits 24 hours earlier!

Project Overview:

Kambria is the first blockchain project to build an open innovation platform for frontier technologies. Their platform is all about creating a place for companies, institutions, individuals and small teams alike to work together and collaborate on projects in a range of different fields.

Currently, the company is developing an open source robotics platform built on blockchain. By introducing cryptocurrency and blockchain technology to this exciting and innovative space, they aim to reward cooperation and dramatically lower barriers of entry for individuals and small teams to collaborate together.

But this platform is not just limited to AI and Robotics. Kambria plans to continue their expansion into other verticals in the near future, some of these include; Biotech, Space and Autonomous Vehicles, too.

This means that they will be expanding their ecosystem to provide open innovation to everyone, while incentivizing them through Kambria’s Token (KAT) to collaborate, invent and support projects that they like on the platform.

As well as driving innovation and collaboration, Kambria is also utilizing their sister company’s (OhmniLabs) code base (Kambria DNA), similar to Android and Linux, that provides the platform’s semantically rich module management and build system. This is something unique and will help provide a groundbreaking platform that offers a place to build the future.

Project Links:

If you would like to read more about Kambria’s present and future plans, here are some links you can use to read more about the project:

Token Overview:

KAT is a native ERC20 token that is designed to provide the following utilities:

Kambria requires that all bounties issued on the platform are payable in KAT.
Licensing and membership fees on the Kambria platform are paid in KAT.
KAT tokens can be used as a staking mechanism to vote and back projects.
KAT Tokens can be used as a staking mechanism to claim extra membership benefits.
KAT Token holders can receive a portion of revenue generated by the Kambria Ecosystem.

Token Issuance Related Information:

Original Total Supply: 5,000,000,000* KAT
Actual Total Supply: 3,800,000,000* KAT
Current circulating Supply: 1,230,544,848 KAT

Note: *1,200,000,000 unsold KAT Tokens have already been burned. Reference here.

50% for Token Sale
20% for Community Building
10% for OhmniLabs for technology transfer
20% for Team and Advisors

To celebrate KAT listing on CPDAX we will running some KAT related events and trading competitions. Click here to find more.

Here are some of the latest developments of the Kat project that the Kambria team would like to tell you about.

The Kambria Global Grand Challenge 2019 is a series of hackathons in several different countries with a focus on creating the Ultimate Personal Assistant using advanced Artificial Intelligence and Robotics technology. Utilizing the Kambria platform, developers will collaborate to deliver solutions for our partners including top corporations in Vietnam such as SSI, VPBank, and VTV, with a chance to win up to $50,000 USD in prizes. To support this Global Grand Challenge, Kambria plans to purchase $50,000 USD worth in KAT from the market to be distributed to hackathon participants. Read more here.
Our Open Innovation Hub Program launched January 29 with a soft opening of our Silicon Valley location. We’re putting the final touches on the space, getting it all organized and arranged in order to accommodate co-working, workshops, and events for our local community members. Kambria’s Open Innovation Hub is an integral part of our strategy for building a vibrant, integrated ecosystem around the world so we’re very excited to begin! Read more here.
Kambria is thrilled to announce the launch of the Kambria Global Innovation Fund! The Global Innovation Fund leverages our academic and corporate networks to globally match researchers looking for funding with companies interested in making connections with top universities, intent on investing in R&D, and hungry to be innovative. Read more here.

Important Links & References:

Disclaimer: The above content is not financial advice and does not constitute an endorsement of Kambria or any of their services or products by CPDAX or Coinplug. We encourage all of our users to do their own due diligence and research before engaging in trading activity with any and all digital assets listed on CPDAX.