Below is our recent interview with Emelia Thiara, Deputy Chief Of Staff at KingSwap:
Q: Could you provide our readers with a brief introduction to KingSwap?
A: KingSwap is the newest decentralized finance (DeFi) liquidity pool platform that is a further and better evolution of UniSwap. In addition to offering off-ramp fiat currency converting solutions to allow users great convenience between the fiat and cryptocurrency worlds. KingSwap’s high-yield liquidity platform offers extensive staking rewards and digital collectibles. Its highly anticipated DeFi DEX boasts unique features including fiat conversions, and a legal structure that addresses major shortfalls within the DeFi space. KingSwap’s NFTs give their owners loyalty rewards from $KING tokens issued.
Q: What makes KingSwap unique?
A: KingSwap’s NFTs give their owners loyalty rewards from $KING tokens issued. These NFT holders will be able to qualify to enter certain quests depending on the type of NFT they hold. This will also enable them to earn more rewards depending on the type of NFTs.
Q: Who would be your ideal user and why?
A: Accredited investors and community who believes in a project with a long-term commitment. We make it a safe place for people to stake and earn rewards, and we reward early adopters.
Q: You’ve recently raised $20,000,000 in funding; can you tell us something more?
A: Venture Capital firms and cryptocurrency investors participated in KingSwap’s private fundraising round, helping the project quickly exceed its 1000 ETH soft cap to raise over $20 million USD in funding and liquidity support. KingSwap’s backers include Plutus VC, Hashstreet VC, Alpha Sigma Capital, Tradecraft Capital, and 7CC. KingSwap also sold out 4 mints of its exclusive ‘Knight Token’ NFTs, which provide owners access to upcoming $KING airdrops. We also have solid team members, founders as well as advisors – KingSwap was founded by a team of experienced leaders in banking, finance, and crypto, including Dr. Anish Mohammed, who has advised and worked for companies including HSBC, Lloyds, and Zurich, and was an early advisor to Ripple and Ocean Protocol; Dunstan Teo, Chief Architect of the Fido Protocol and President of Sanctum Pte Ltd.; and Ho Chin Shin, who previously worked as a director at Standard Chartered Bank; Nomura, Japan’s largest investment bank; and the Bank of Singapore.
Q: What can we expect from KingSwap in the next 12 months?
A: We hope to grow the community to 30,000 users in the next 3 months and then to 1 million in the next year. We will want to encourage our users and community to participate in our exciting quests lined up for the next year so that they will be able to earn more rewards!