ChainGPT Pad Incubating Kima Network: Unlocking New Possibilities in Digital Economics

In the Web3 arena, ChainGPT Pad has made a name for itself with its exceptional track record in startup incubation. Its strategy of selectively backing the most talented and promising blockchain startups has earned it the distinction of being the most popular launchpad in 2023. This achievement is especially noteworthy, considering it outperformed nearly 100 competitors. Demonstrating its commitment to excellence, ChainGPT Pad is now introducing the exceptional Kima Network as its latest incubated startup.

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ChainGPT Pad's Incubation Program: Empowering Startups

The driving force behind ChainGPT Pad's success is its Incubation Program, designed to nurture and advance new and innovative startups. This initiative provides an environment where young companies can develop their unique ideas into powerful, effective business models. ChainGPT Pad offers extensive assistance in critical areas such as product development, smart contract systems, and user engagement strategies. This comprehensive support, expert mentorship, and access to a wide network of partners and investors will equip Kima Network to navigate and thrive in the challenging blockchain technology landscape.

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Kima Network : A New Era in Financial Interoperability

Kima Network, a transformative blockchain infrastructure, is revolutionizing how financial institutions, Web3 applications, and fintech companies leverage the power of digital assets and blockchain technology. Kima's platform is uniquely designed to address the critical challenges of interoperability, enabling seamless and compliant transfers of both digital and traditional currencies across various financial ecosystems.

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Innovating with Real-World Assets: Kima Network 's Strategy

Mobilizing Tokenized Real-World Assets (RWA): With $280 trillion in real-world assets on the brink of digital transformation, Kima Network will play a pivotal role, enabling cross-ecosystem asset-agnostic trade and distribution in a seamless and secure way.

Kima's Support for Blockchain Diversity and Traditional Finance Integration

Supporting a Diverse Range of public Blockchains, private ledgers, and TradFi backend systems: Kima Network to support multiple EVM, non-EVM, and private chains, as well as its ability to connect to the traditional banking information systems, makes it an invaluable tool for achieving interoperability with existing financial infrastructures, effectively addressing the issue of market fragmentation.

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Revolutionizing On-ramp/Off-ramp Services with Kima Network

Enhancing On-ramp/Off-ramp Services: As more companies integrate cryptocurrencies into their business models, Kima offers a solution to the challenges of lacking integrated fiat-crypto gateways. By providing a direct 1:1 value exchange through its API, Kima eliminates the need for centralized, risky entities like exchanges, supporting seamless transactions in any currency, whether fiat, crypto, or stablecoin.

Enhancing Global Finance: Kima Network's Cross-Border Payment Solutions

Enabling a New Efficiency Level for Cross-Border Payments: Kima's advanced technology facilitates swift, cost-effective, and secure cross-border transactions. By leveraging its robust blockchain infrastructure, Kima ensures that international payments are faster, more reliable, and transparent, significantly reducing the complexities and fees associated with traditional cross-border payment methods. This capability positions Kima as a game-changer in global finance, enabling businesses and individuals to transact across borders with unprecedented ease and efficiency.

Kima stands out as a remarkably secure, stable, and efficient platform, efficiently bridging the worlds of traditional and decentralized finance. Kima’s mission is to become the most reliable and secure solution for interconnecting all existing blockchains and traditional banking systems. Kima’s unique nature and capabilities position it at the forefront of facilitating widespread global adoption of decentralized finance (DeFi).

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Track record & Performance:

Developing the Kima network for over two years.
Raised $2.4M in equity and an additional $600K in tokens.
Patented Kima’s Smart-Contractless Cross-Blockchain Settlement Engine technology (patent pending).
Issuing two additional patents in Q1 2024 (patents under disclosure).
Extended blockchain support to include various EVMs and non-EVM chains.
Integrated ten blockchains: Ethereum, BNB, Polygon, ZkEVM, Arbitrum, Avalanch, Solana, Fuse, Celo, and Optimism. Integrating two additional in Q1 2024: Bitcoin and Tron.
Implemented a Proof of Stake blockchain with an advanced Threshold Signature Scheme (TSS) for secure key management.
Developed an SDK providing extensive access and user-friendly interfaces for cross-chain transactions.
Launched a demo site to exhibit SDK capabilities across multiple blockchain scenarios.
Provided comprehensive documentation covering all aspects of the platform.
Established a blockchain explorer for transaction tracking and validator status.
Enforced AML compliance checks to maintain high security and regulatory standards.

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The KIMA Token

The KIMA token plays a crucial role in maintaining the security and stability of the network. It does this by assigning a cost to each transaction on the network. This pricing mechanism is a strategic defense against potential attacks. Specifically, if an attacker tries to flood the network with spam transactions, they will face escalating costs in KIMA tokens, making sustained attacks financially impractical and deterring malicious activities.

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Incentive Engineering for Liquidity Providers

Kima Network has carefully designed its incentive model to reward those who actively provide liquidity within the platform. This reward system is specifically tailored to ensure balanced liquidity across various pools. By offering these incentives, Kima Finance encourages consistent and stable liquidity, fostering a more efficient and reliable trading environment for all users. This approach benefits liquidity providers with additional rewards and contributes to the overall health and efficiency of the Kima ecosystem.

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Use Cases

eCommerce Payment Flexibility: Bob's eCommerce site accepts crypto payments. However, he's limited to USDT on Ethereum, while customer Alice has USDT on Solana. By integrating Kima, Bob enables Alice to pay directly into his USDT-ERC20 address, simplifying the process and avoiding customer drop-off.
Enhanced Lending/Borrowing: Bob's Avalanche-based lending app faces liquidity issues. User Alice wants to contribute liquidity from Polygon but finds bridging cumbersome. Kima's solution lets Alice use her assets on other chains as collateral in Bob’s app, streamlining the process.
Gaming Monetization Across Networks: Alice, a game developer, uses a Polygon-based in-game currency. Player Bob wants to buy game tokens with his Ethereum-based USDC but is unfamiliar with bridging. Kima enables Bob to use his USDC directly in Alice's game, maintaining a seamless gaming experience.
NFT Marketplace Chain Integration: Bob, who runs a Solana-based NFT marketplace, faces requests for cross-chain support. Implementing Kima allows users to buy Solana NFTs using Ethereum funds, broadening marketplace accessibility without needing extensive chain knowledge.
DEX Cross-Chain Transactions: Bob's DEX operates on Ethereum, Avalanche, and Polygon, but users struggle with cross-chain transactions. Kima facilitates seamless transactions between all of Bob’s DEX implementations, with in-app support for a user-friendly experience.
Secure Bridge: Alice's multi-network NFT marketplace users want to transfer funds between networks securely. Kima provides a solution for secure, native fund transfers within her marketplace, enhancing user trust and convenience.
Multi-Chain Wallet Functionality: Bob's multi-chain crypto wallet lacks cross-chain transfer capabilities. With Kima, Bob's wallet users can now transfer assets between chains directly, enhancing the wallet's functionality.

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Investors

Mastercard / Enel X Innovation Lab (Finsec Labs)
CoinX
Blockchange
BigBrain Holdings
Outlier Venture, and more.

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Partnerships & Collaborations

Mastercard
ChainGPT
Monabit (crypto card issuer in LatAm/Colombia)
Good Dollar
Depasify (a regulated VASP in Spain)
Sei Network
Gagarin World
Dojo Finance, and five others.

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Blockchain Interoperability Technology

Interoperability and transfer protocols accelerate the adoption of Web3 and crypto by any user, including Web2 users, while also improving the UI/UX experience for professional Web3 users.

Institutions adoption to settle cross-chain RWA transactions
Hybrid crypto-fiat payment rails
Secure, seamless, cross-chain transaction settlements
Seamless compatibility of assets across chains
⁠Increased liquidity
Seamless connectivity with the traditional banking system

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Kima API & SDK

API & SDK enables Web2 and Web3 apps/DApps to integrate Kima’s settlement engine into their business flows.
Kima could be connected to apps, providing cross-chain and fiat settlements, making apps' functionalities accessible to users across any ecosystem (crypto asset and fiat holders)
It can provide financial institutions with the functionality for trading and distributing the tokenized RWAs to their institutional counterparts, regardless of the financial ecosystem and token issuance platform.
It functions as a gateway for cross-border money transfers between business and fintech companies

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Equity Cap Table

Blockchange
Coinix
Finsec Labs (Mastercard/Enel X), and others.

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Team

Eitan Katz, Co-founder & CEO: Former corporate tech leader at HP and BMC, pivoted to crypto in 2014 with Aegis, one of the first hardware wallets. Now leading Kima to shape a web3 future with seamless interoperability and fluid liquidity across diverse dApps and blockchain networks
Guy Vider, Co-founder & CTO: Over 25 years of tech leadership, developing solutions for startups and consulting for Fortune 500 companies. His recent focus on fintech, blockchain, and security shapes Kima's robust solutions, leveraging his computer science and mathematics expertise.
Tzahi Kanza, Co-founder & COO: Blockchain industry innovator since 2013, founding Titanium Technologies, FutureBlock Ventures, and more. With successful exits under his belt, he now commits his extensive experience and diverse education in Law, Economics, and Business to Kima's growth.
Bryan Benson, CSO: Over 27 years in tech, digital asset, and web3 sectors. Ex-Binance LATAM general manager. Institutional digital assets and DeFi professional, he has a rich background in business development, team management, and forming strategic partnerships globally, covering sectors like venture capital, hedge funds, and corporate enterprises.
Tomer Warschauer Nuni, CMO: Blends over 20 years of digital marketing expertise with a deep focus on blockchain and Web3 innovations in recent years. As a serial entrepreneur with notable successes and a contributor to Forbes and Cointelegraph, Tomer now applies his pioneering vision to Kima, driving revolutionary marketing strategies in the DeFi arena.

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Advisors

Ilan Rakhmanov: CEO & Founder of ChainGPT, proven entrepreneur, machine learning & Al models expert. Forbes Technology Council member and contributor.
Mr. Avi Rubin: Is an ML, Data Science, and algorithms expert. He specializes in sophisticated ML-based financial and trading systems.
Prof. Zvika Afik: Specializes in finance, focusing on financial derivatives, risk management, and hedging.
Prof. Evgeny Lyandres: Specializes in finance and is the head of the Blockchain Research Institute at Tel Aviv University.
Prof. Brett Hemenway Falk: Research professor at the University of Pennsylvania. He focuses on blockchain, cryptography, coding theory, and network analysis.
Ms. Rita Martins: Guest speaker at the University of Oxford and Head of FinTech Partnerships at HSBC.
Mr. Milko Hensel: Head of Digital Partnerships at the private bank Maerki Baumann & Co. AG.
Mr. Kavi Dewan: Previously consulted DocuSign and GameStop. Today, Kavi leads Crypto Ventures at Plug and Play Tech Center.
Mr. Shai Sand: Previously Apple Product Manager, ex-Microsoft Product Manager, ex-Intel Senior Process Engineer.
Mr. Keith Bear: Previously VP of Financial Markets at IBM, member of Bank of England’s CBDC Technology Forum, and member of Investor Trends and Research Working Group at European Securities and Markets Authority (ESMA).
Mr. Angus O'Callaghan: Managing Partner at UIST, previously Digital Assets Corporate Development at Deutsche Bank.

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IDO Specifications

Token Price: $0.214
IDO Date: Q2 2024 (exact date TBA)
Allocation Size: $500,000
Max Supply: 210,000,000
Token Name: $KIMA
Network: Binance Smart Chain
Initial Market Cap: TBA
Circulating Supply at TGE: TBA
Fully Diluted Valuation (FDV) at TGE: TBA
Vesting Schedule: TBA
Launchpads: ChainGPT Pad
Listing Details: TBA

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Conclusion: ChainGPT Pad: Fueling Kima Network's Rise in Blockchain

The collaboration between ChainGPT Pad's Incubation Program and Kima Network is set to be a defining factor in the latter's growth and a much larger success in the blockchain industry. The comprehensive support provided by ChainGPT Pad, spanning technical infrastructure, launch strategies, marketing, and user acquisition, will be instrumental in fueling Kima Finance's expansion. The program's expertise in smart contract development, regulatory compliance, and innovative AI integration will enhance Kima Finance's financial interoperability and user experience. Furthermore, access to ChainGPT Pad's extensive network will boost Kima Network's funding opportunities and solidify its market standing and credibility, marking a significant step forward in its journey.

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