Welcome the first 10 KRC20 tokens on KardiaChain Network.

KardiaChain’s Vietnam Defi Movement has another breakthrough. We welcome the first 10 KRC20 tokens on KardiaChain. With this, we have achieved Step 2 and 3 out of 5 objectives, which involves the migration of ERC20 tokens to KRC20 tokens and new IDO on KAI.

Among the new KRC20 tokens, five original ERC20 tokens migrated to KRC20 and five newly minted ones.

Five migrated tokens:

• VNDC: VNDC is a prominent blockchain-based stablecoin and cryptocurrency exchange backed by the Vietnam Dong. With approximately 1 million holders, VNDC has the largest crypto community in Vietnam. Recently, VNDC had officially moved 235 billion VNDC to KardiaChain.
• NAMI: NAMI is a cryptocurrency that can operate throughout the Nami ecosystem of Nami Corp — a leader fintech company in South East Asia founded by Vietnamese. Nami is well-known for Nami exchange, a platform to exchange digital assets with low fee and automatic order transferring mechanism to give the best offers and deep market. NAMI had burned 5 million ERC20 tokens and issued the same amount in KRC20.
• WHC: WhiteHub is the first security platform in Vietnam pioneering the Crowdsourced Security method. Through Bug Bounty, security researchers and businesses find out security vulnerabilities in technology, with WHC cryptocurrency serves as the incentive to find and fix errors in the programs.
• VIDB: VIDB, which stands for International Digital Bank VNDC, is a utility token used in the VNDC financial ecosystem, including VNDC Exchange, VNDC Borrow, VNDC Staking, VNDC Farming.
• BDS: BDS is a utility token that revolves around the BDS real estate ecosystem. BDS connects project owners, investors and brokers, allowing low-capital real estate investments, supporting crowdfunding, ensuring brokers’ benefits by integrating the security and transparency of blockchain technology.

Five new tokens:

• BAMI: BAMI is the native liquidity incentive and governance token associated with the BAMI protocol, an aggregated all-in-one solution for all your Defi needs. Holders of Bami can participate in future governance over the protocol and share the protocol’s profit.
• FADO: FADO is the token of Fado Global, a branch of FADO — the top 1 cross-border e-commerce platform in Vietnam. Fado Global’s implementation of blockchain and tokenisation provides end-to-end solutions in package forwarding, proxy purchasing, international P2P delivery, cross-border e-commerce, B2B wholesaling services for over 200 countries and regions in the world.
• MKA: MKA is the cryptocurrency of MOONKA — a pioneer in the tokenizing real estate movement in Vietnam. MKA provides decentralized solutions for investors worldwide to benefit from the low initial investment in Vietnam real estate and no regulatory barriers through crowdfunding activity.
• SHC: SHC is the token of Snack House — a traditional Vietnamese fast-food chain eager to adopt blockchain to their business model. The use case of SHC token is to mint each food wagon as an NFT identifying with specific food and location, governance of loyalty points in their membership program.
• VNCT: VNCT is a token in the VNDC asset portfolio. VNC is a fund certificate established to focus on developing intellectual property, food chain business models, agricultural production, healthcare, and technological organisations with expertise in education and finance, medicine, marketing, and communications. VNC aims to make long-term investments in start-ups, small and medium enterprises, innovative businesses, businesses with breakthroughs, vigorous growth, and creating increased value in the near future.

Furthermore, our Kardia Wallet application for both Android and iOS versions has included all verified KRC20 tokens by default.

Such a milestone is necessary to drive many extra transactions within the KardiaChain network and lay the foundation for KardiaChain to reach Step 4.

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