Announcement: Red Kite to Build Independent Growth Strategies
Dear beloved Red Kite community,
We want to announce some significant changes regarding Red Kite and Firebird’s upcoming plans.
Let’s check it out!
Building independent growth strategies
2022 was a challenging year for the cryptocurrency market, which had a negative impact on the advancement of blockchain projects in general, including Red Kite and Firebird. Following extensive discussions, research, and market analysis, we decided to pursue unique development roadmaps for both projects.
Red Kite is a cutting-edge launchpad with more than 70 projects launched. After a planning period, Red Kite aims to focus on a holistic vision by expanding the ecosystem, building the DAO model, and launching high-quality projects to accelerate growth and drive brand equity.
Firebird is a chain optimized for Web3 projects, allowing developers to build scalable and frictionless Web3 gaming and metaverse applications without compromising security. It has long-term goals and requires a development process. Due to market fluctuation and resource limitations, it was deemed the proper time for Firebird to continue to focus on in-depth R&D and testing. As a result, we will postpone building the chain and concentrate on Red Kite and other projects in the Icetea ecosystem.
Following the Firebird postponement, $PKF tokens will belong to Red Kite. Although this may temporarily lower some of the $PKF benefits, we plan to gradually grow and expand our ecosystem, build DAO models, and add distinctive features to increase the utilities for $PKF owners, investors, and the community.
Red Kite’s vision is to become a Smart Launchpad
AI is emerging rapidly thanks to its outstanding, differentiated, and optimized capacity. Hence, the Red Kite team is researching to utilize AI in its platform. In-depth analysis of Web3 projects before and after IDO, smart contract audit, and phishing detection are among the things we plan to develop to improve our capabilities using AI. For instance, AI algorithms can predict the success of projects based on the project’s raw materials, the hype on social media, investment funds, tokenomics, market conditions, etc. It may also analyze changes in token price, verify transparency, and safeguard users from phishing by data on the number of holders, transactions, and deployed addresses.
With the power of AI, Red Kite will create informative, analytical, and transparent functions to complement investors’ decision-making process, help them seize new investment opportunities, and break the industry mold to develop further.
Red Kite’s roadmap
To adapt to the ongoing market disruption and community expectations, Red Kite will continuously innovate to increase agility and resilience, deliver robust user experience, and enhance member benefits via strategic initiatives below:
- Launch best-quality projects with innovative ideas, cutting-edge solutions, professional teams, practical applications, game-changing initiatives, etc.
- Incubate potential projects at an early stage
- Research and apply the DAO model to the platform
- Research and utilize AI technology to build a friendly and secure Smart Launchpad. Several AI features are now under development, including phishGPT, Telegram/Twitter phishing detection, smart contract scan, etc.
- Develop and expand the Red Kite ecosystem to increase utilities of $PKF
We will detail these goals in a series of posts arriving soon to help our members better understand our future direction.
About Red Kite
Red Kite is a cutting-edge launchpad with a frictionless token sale process, an innovative model, and advanced features. Red Kite projects are carefully chosen through vetting, which takes everything from the origins of the project teams to legitimacy and implementation capacities into account. These projects are also supported by a network of our high-class marketing partners, leading influencers, and interactive communities.
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