What is Kasta? The most detailed information about Kasta and the KASTA token

• Overview of Kasta
• What is Kasta?
• Basic characteristics of Kasta
• Key features of Kasta
• The development team, the investor of the Kasta . project
• Kasta .'s development roadmap
• Overview of the KASTA . token
• What is KASTA token?
• KASTA token information
• Allocate KASTA token tokens
• Where can KASTA tokens be bought and sold?
• Assessing the potential of the Kasta . project
• summary

Overview of Kasta

What is Kasta?

Kasta is an alternative blockchain-based payment service to mainstream mobile payment services. Kasta offers a simple and accessible P2P payment platform for newbies. 

With blockchain technology , Kasta removes the barrier of geographical distance, making it easy for users to pay payments or transfer money globally. Through its platform, the Kasta team wants to promote widespread cryptocurrency adoption globally, while improving the functionality of existing financial services.

In addition, Kasta proposes a model that benefits both the platform and the user community tied to the platform's token, KASTA. Allows users to refer relatives to use the Kasta application and receive KASTA tokens.

Basic characteristics of Kasta

The Kasta team has harnessed the power of blockchain technology and provided users with practical solutions for payments globally. The platform integrates the Fiat on-ramp aggregator, the Fiat off-ramp service and many other payment methods.

In addition, the Kasta platform uses a blockchain technology approach to create blocks that are fast, cost-effective, and secure. Some of the features and tools that Kasta provides can be mentioned as follows:

Fiat on-ramp aggregator : The main function of this tool is to find the best cost and KYC deals to offer to the platform's customers.

Fiat off-ramp service : With this service, users will have many different options when using Fiat money, including bank transfer, cryptocurrency and debit card payment… Users can also easily easily convert the payment to the currency that matches the recipient's country.

Safe Wallet : Kasta leverages an infrastructure backed by multi-sig security protocols and is certified by BitGo – a quality custodial wallet provider. Therefore, users' transactions will be carried out safely.

Internal Virtual Ledger : This technology is backed by auto-balancing liquidity pools and will keep a close eye on payouts. Kasta will record all data from transactions made on the platform into a public ledger. Therefore, other than the account owner, no one has the right to see personal information without sharing that information by the owner.

Key features of Kasta

Swap feature

Kasta's swap feature is responsible for ensuring that the recipient gets the exact currency they want. At the same time, this feature allows users to pay in crypto and fiat seamlessly.

Suppose, person A wants to pay in BTC but person B wants to receive GBP in return, then Kasta's swap feature will convert BTC into GBP before paying person B.

One it highlights of this feature:

• Create nationwide payment convenience with low transaction fees.
• Provide users with familiar services found in the ecosystem of blockchain platforms.
• Drive the development of blockchain products and services through a trusted payment service.
• Simplify crypto and fiat payments.

Buy now and pay later

Kasta adopts a “buy now and pay later” model to provide a payment-centric solution. Allows users to buy products from online stores and choose when and how to pay, such as payment after receiving the goods ...

Payment through many different methods

Usually, when users will send cryptocurrency, they will send it through a wallet address that is quite complicated sequence of numbers. Kasta will eliminate that problem by allowing users to pay via phone number, email address or QR code.

Easily accessible on-ramp & off-ramp Fiat service

This service allows users to easily spend cryptocurrency in the real world. They can easily transfer money from their bank to a Kasta debit card and use that card to pay for products and services with crypto anywhere.

The development team, the investor of the Kasta . project

Development team

Kasta's development team consists of industry veterans and social media celebrities. They have accumulated many years of experience in the field that Kasta is aiming for. 

Carl Roegind, Co-Founder and CEO : He has more than 10 years of experience in starting a business. Carl Roegind is the co-founder of Bitcoinsensus – an online platform that makes it easy for many people to access the cryptocurrency market by educating people closely related to this market. 

Carl Runefelt, Co-Founder and CMO : Carl is an entrepreneur and cryptocurrency expert with over 1 million followers on social media platforms. He is also the owner of a twitter account called “The Moon”.

Hans-Herko Lusmägi, Co-Founder and CPO : Hans-Herko was the lead UI/UX designer at Gym Diary until 2016. Then, he joined Carl at LeoVegas Group – one of the leading GameTech companies in Europe as a UI/UX designer. He later joined Kasta's management team as product manager. 

Sebastian Appelberg, Co-Founder and CTO : For the past two years, Sebastian has worked as a developer at Kambi – a leading B2B sports betting network. He later became an IT consultant at ELITS – Sweden's leading consulting firm focusing on cloud-based IT operations. He joined Kasta in January 2021 as chief technology officer. 

Project advisor

Martini Guy will join Kasta as a crypto strategist and advisor. People interested in Martini Guy have a passion for crypto.

Kyle Chasse is from Master Ventures and the founder of PAID Network. He is also a technology entrepreneur in the blockchain field and has advised on many blockchain projects. 

Investors

Kasta raised US$5 million after 2 rounds of Seed Round and Private Round. Institutions investing in Kasta are still being updated on the project website.

Kasta partners include Ivan on Tech, Moralis, Zokyo, Polygon and LimeLegal.

Kasta .'s development roadmap

Q1 2022 – Deployment of payment gateway

The team will launch its payment gateway this quarter to reduce exchange fees and enable crypto-to-fiat swaps. At the same time, Kasta also organizes more affiliate program, launches the control panel and the payments will support.

Q2 2022 – Kasta Easy Swap & Debit Card Launched

Kasta intends to launch the smart exchange tool during this period. This tool allows users to choose the currency in which they will receive payments. Besides, the project will introduce profit sharing plan with Yield feature to KASTA owners. Kasta debit cards are also scheduled to be released this quarter.

3rd quarter 2022 – Recurring deposits and payments

Users can access and install automatic transfer of money from debit or credit card to Kasta account. The project will also integrate a dashboard for users to easily process customer payment transactions and support more advanced functions.

Q4 2022 – Launch of buy now and pay later

At this stage, Kasta will have the following activities to integrate utilities into the application:

• Payment request
• Gamification
• Buy now, pay later
• Additional license
• Add more functions to your debit card 

Overview of the KASTA . token

What is KASTA token?

KASTA is the official token of the Kasta project, it provides many applications and benefits in the Kasta ecosystem, such as:

Staking : Users can staking KASTA to receive many incentives and rewards from the project.

Cost Reduction : KASTA holders will enjoy reduced gas fees when making transactions on this platform.

Payment : KASTA is used as a currency for payment, in exchange for goods and services on the Kasta platform.

Governance : KASTA token holders vote directly on platform changes or implementation of new features. 

Referral : The project allows users to receive more incentives when introducing the Kasta platform to many new audiences.

KASTA token information

• Ticker: KASTA
• Blockchain Network: Polygon
• Total Supply: 1,500,000,000 KASTA
• Initial Circulating Supply: 37,500,000 KASTA
• Initial Market Cap: 1,500,000 KASTA
• TGE Token Price: 0.04 USD
• Hard Cap: 6,500,000 USD

Allocate KASTA token tokens

Seed: 8.9%, this token will be distributed daily for 22 months, starting from the 61st day from the time of listing (about 5% per month).

Private: 9.1%, this token will be distributed daily for 17 months, starting from the 31st day from the time of listing (about 6% per month).

TGE: 2.5%, this token will be 100% unlocked at the time of listing.

Advisors: 5%, this token will be distributed daily for 60 months, starting from the 91st day from the time of listing (about 2% per month).

Team: 12%, this token will be distributed daily for 50 months, starting from the 181st day from the time of listing (about 2% per month).

Ecosystem & Referrals: 5%, this token will be distributed daily for 57 months, starting from the 91st day from the time of listing (about 2% per month).

Development: 15%, this token will be distributed daily for 59 months, starting from the 31st day from the time of listing (about 2% per month).

Marketing: 12%, this token will be distributed daily for 50 months, starting from the 31st day from the time of listing (about 2% per month).

Operations: 10% of these tokens will be distributed daily for 24 months, starting from the 1st day of listing (about 2% per month).

Exchanges & Market Making: 8%, these tokens will be 100% unlocked.

Rewards: 10%, this token will be distributed to eligible users and as a reward for the referral program.

General reserve: 2.5%, this token will be allocated within 59 months, starting on the 31st day from the time of listing (about 2% per month). 

Where can KASTA tokens be bought and sold?

Investors can buy KASTA tokens on exchanges like Bybit, MEXC and ZT.

Assessing the potential of the Kasta . project

With the attraction of the Crypto market today, the transition to a crypto-based economy is only sooner or later. Users are ready for a new payment solution, away from the problematic Fiat money-based systems. 

In addition, the geographical and legal barriers of each country have made it more difficult to transfer money globally. One of the concerns that is the cost of international money transfer is quite expensive. 

That is also the reason why Kasta was born, with blockchain technology, this application eliminates many backlog problems in payment, sending and receiving funds from abroad. Kasta will ensure the safety and smooth payment of transactions with extremely low costs.

However, it is still quite early to answer the question "is this project really potential?". Because, Kasta is only in the early stages of implementing the idea, there are still many features and utilities that have not been released. Investors need to do thorough research before giving an answer to the above question.

summary

The introduction of Kasta will contribute to promoting the demand for using cryptocurrencies in payment when there are special offers for the application's user community. At the same time, the project will also contribute to making the cryptocurrency market accessible to more people. This can be a project with high practical application, so if investors are interested in this project, they can follow more official information channels such as:

Website | Twitter | Telegram | Medium

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