🔑Token Utility

KBL utility within the Kabila ecosystem.

$KBL serves as the official utility token driving the Kabila ecosystem forward.

A token created to increase awareness and reward the most loyal and active users.

Token utility will grow and evolve over time as the ecosystem matures. The goal is to create a space where creators find valuable products to solve their problems, and stay because they can leverage the KBL token to enjoy the best benefits and features.

$KBL Token Utility

The new updated token utility includes the following:

Kabila Plaza Access

A new KBL Plaza Pass will be available for KBL holders, providing access to:

• Plaza Posts. Access to early news and announcements, as well as participation in discussions and tip rewards on each post.

• Plaza Box. Access to token-gated project reports, NFT tutorials, projects analysis, and more.

• Plaza Feature 3. TBD soon.

• Plaza Feature 4. TBD soon.

• Plaza Feature 5. TBD Soon.

As the Plaza DApp evolves, additional access and benefits will be offered to all $KBL Holders.

Kabila Launchpad Fee Reduction

Kabila's self-service Launchpad has become the leading NFT launchpad on Hedera.

Now, we want to reward all projects launching the NFTs and INOs, that define $KBL as their token payment method on the Launchpad.

Launchpads that choose $KBL as the payment method will benefit from a 50% fee reduction, lowering the commission from 4.9% to 2.45%.

Voting Power

As the ecosystem evolves and more holders join the community and platform, a $KBL voting system will be implemented to enable the community to decide on new platform features, project grants, and other important matters.

Details of the voting system will be shared in Q1 2025.

Platform Rewards

Following the TGE, the $KBL token will become a cornerstone of the Kabila ecosystem, serving as a reward for specific actions performed within the Wallet and DApp. From engaging with platform features to contributing to the community’s growth, $KBL will incentivize key actions, reinforcing its role as a driving force behind participation and engagement in the ecosystem.