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CyberKongz, the digital asset firm behind the blue-chip CyberKongz non-fungible token assortment, has introduced plans to launch its utility token dubbed “$KONG.” The now extremely anticipated non-fungible token coin will signify the CyberKongz and the non-fungible token tradition. On this article, we will talk about this now much-anticipated non-fungible token intimately.
CyberKongz Introduces $KONG NFT Coin
In an August 19 weblog submit, the CyberKongz NFT staff confirmed that it has launched its utility token referred to as $KONG. This newly launched non-fungible token coin will signify the CyberKongz and non-fungible token tradition. $KONG will substitute the prevailing $Banana NFT token. $Banana is a utility token inside the CyberKongz NFT ecosystem. This token was not launched as an funding and has no intrinsic financial worth, nevertheless it powers numerous in-game mechanics and interactions inside the CyberKongz NFT world.
$KONG is the model liquidity layer representing CyberKongz, permitting NFT fanatics, supporters, and anybody in (or out) of the area to discover a dwelling in web3 and be a part of the tradition that CyberKongz created, which now permeates all through your entire area.
Maintain $KONG to turn into… pic.twitter.com/ur2zY91ooI
— CyberKongz (@CyberKongz) August 19, 2025
Based on March 03, 2021, CyberKongz is a non-fungible token assortment that includes distinctive and randomly generated 2D/3D NFT Social Avatars appropriate with on-line gaming. The CyberKongz NFT assortment began as a generative assortment of 1,000 34×34 pixelated NFT gorillas, generally known as the Genesis Assortment. Subsequently, the CyberKongz NFT staff has launched a further 4,000 NFTs, created by means of breeding within the CyberKongz ecosystem.
The CyberKongz NFT undertaking began at a minting value of 0.01 ETH. On the time of the launch, the profile image NFT initiatives had been thought-about uncommon, however the assortment drew a number of curiosity from NFT fanatics who found the minting course of on the OpenSea NFT market platform. The NFT undertaking was totally minted in two days. Simply 7 months later, the NFT CyberKongz #445 bought for 208 ETH, which was then equal to nearly 750,000 USD.
At present, CyberKongz nonetheless holds the report for the very best flooring value of a PFP assortment and has cemented its legacy by means of fixed innovation. CyberKongz can also be identified for trailblazing the usage of ERC-721 and ERC-20 token integration. The CyberKongz NFT undertaking was created by the digital artist “Myoo” and stays one of the lively non-fungible group initiatives to this present day.
$KONG NFT Coin Defined
$KONG is the liquidity token representing CyberKongz, letting non-fungible token fanatics, supporters, and anybody in or out of the area to discover a dwelling in web3 and be a part of the tradition that CyberKongz created, which now permeates all through your entire non-fungible token area. Holding the upcoming $KONG NFT coin will make holders a Kong and provides them entry to all of the perks of the ecosystem.
The KONG token is deep-rooted in historical past, lore, and altering distribution mechanics. $KONG is a reimagination of historical past, upgraded and designed for a brighter future. The KONG contains a mounted version of 1 billion. In its upcoming token era occasion, which might be introduced later, the CyberKongz NFT staff will launch 385,463,979, representing 38% of the full token provide. Out of this, the CyberKongz NFT staff has allotted 2% to the Ethereum NFT group.
The CyberKongz has additionally allotted 4.01% to its staff, 3.97% to the buyers, 6.35% to treasury, and 28.2% for the Banana token conversion. It has additionally allotted 13.4% for burn and 42% for future distribution. Distribution will happen on a seasonal foundation and might be solely distributed to Genesis Holders, Child Holders, and $KONG stakers, by means of a brand new design referred to as Kongz Hub.
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