KPOP Fan Token (KPOP) give you exclusive access to special promotions, VIP events, licensed digital photos and moments from your favorite KPOP idols,and a chance to win a FULL KPOP experience in Korea! A Cryptocurrency Fan Token under Binance Smart Chain that unites the KPOP world providing various KPOP related products such as Fan Tokens and NFTs. In this article, we'll discuss What is KPOP Fan Token (KPOP) | What is KPOP token?
In this article, we'll discuss information about the KPOP Fan Token project and KPOP token
The KPOP industry has taken the world by a storm with more than 100 million loyal fans around the world. The KPOP Fan Token ($KPOP) is a utility token that gives KPOP fans a tokenized share of influence on the Korean pop music using the social application and services. The token serves as a membership key that allows users to compete for exclusive rewards, recognition and more.
Starting this May 2021, KPOP Fans can now acquire KPOP Fan Token($KPOP) via Binance Smart Chain to be able to participate on different community activities like concert ticket giveaways, NFTs of famous KPOP artists and a chance to win a trip to Korea sponsored by $KPOP Fan community.
Platform benefits of holding $KPOP Token
$KPOP is a fan token built on Binance Smart Chain, $KPOP token holders can get first access with the $KPOP official merchandise and events via smart contract on our own marketplace. Token holders can interact with their favorite artist/group with the platform (voting on polls, contest, quizzes, AMA’s etc) and earn rewards including concert tickets, exclusive experience cashback offers from online shop, digital badges and $KPOP exclusive NFT’s. Future $KPOP token utility includes spending $KPOP tokens to redeem VIP goods and services, integrating KPOP access in partnered applications/sites, and staking KPOP for NFT rewards.
Trading benefits of holding $KPOP Token
The $KPOP Fan Token is designed to have a passive yield farming function that incentivizes holders for every transaction done with $KPOP. A total of 2% tax is imposed for every buy that goes to all the holders. Every sell transaction comes with 4% tax, 2% goes to the holders while 2% goes to the liquidity. This means that you do not need to do anything to gain yield. Holding the token alone is enough to call it as a passive income.
In addition, there will also be a locked staking in the platform where you can deposit your $KPOP Token to earn more $KPOP tokens with a massive APY! You can choose between 7 days or 30 days lock period, the longer the lock, the higher the yield.
Token Launching Summary
The $KPOP team worked tirelessly to prepare for our $KPOP Fan Token Launching. Unfortunately, we encountered some delays in the propagation of our newly launched token resulting to a minor discomfort to some of our KPOP STANs.
It was not part of our expectation but the team was able to set everything to run perfectly.
The team would like to thank everyone who supported us despite the misinformation/spams and FUD. Rest assured that this shameful event won’t ever happen again as we doubled down our efforts to deliver the best product for our KPOP Fan Token supporters.
We didn’t expect the massive boom but we were certain that we have a very strong community supporting us.
We were able to reach $700,000 in volume and an all time high of $0.08 with $80m Marketcap ! A massive 600% up from our token sale and listing price.
What is Liquidity Mining?
Liquidity mining is a yield farming mechanism mostly used on Decentralized finance where holders provide liquidity on Decentralized Exchanges(DEXs) and are being rewarded with fees or native tokens based on their pool share.
Adding Liquidity on Pancakeswap
STEP 1 : Go to this link : https://exchange.pancakeswap.finance/#/add/BNB/0x3Ba2b1C2c46200e826C56550ff7a2b29bad10F3d
Make sure the pair is KPOP/BNB
$KPOP Token Address : 0x3Ba2b1C2c46200e826C56550ff7a2b29bad10F3d
*Step 2 *: Make sure you have BNB and KPOP.
Input the amount you want to add liquidity
The ratio in here is 8424.59 $KPOP per 1 BNB
Step 3 : Press “ SUPPLY”
In exchange, you will receive BNB/KPOP Pool Tokens on which you can stake in the platform.
You can launch the app in our website : https://kpop-digital.com/
Step 4: Start Incubator
Once you were able to add liquidity, go to https://app.kpop-digital.com/ then look for “Start Incubator” **at the upper right side. **Then approve it on Metamask.
Step 5 : Staking your Tokens
Once done, press the “Stake” Button to deposit your LP Tokens.
Kaboom! Enjoy your daily rewards.
Step 6 : Claiming Rewards
If you want to withdraw your rewards, you can press the “Claim” button.
Step 7 : Withdrawing your LP tokens
Lastly, if you want to withdraw your LP Tokens, you can do it by pressing “Unstake” button
KPOP token is now live on the Binance mainnet. The token address for KPOP is 0x3Ba2b1C2c46200e826C56550ff7a2b29bad10F3d. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don't have a Metamask wallet, read this article and follow the steps
Transfer $BNB to your new Metamask wallet from your existing wallet
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap KPOP token
The top exchange for trading in KPOP token is currently Pancakeswap v2
Find more information KPOP
🔺DISCLAIMER: The Information in the post isn't financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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