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Why I am Bullish on Kyber Network: Katalyst, KNC Staking & KyberDAO
By The Babylonians  •  May 10, 2020
I just did a BIG rebalancing on my crypto portfolio. Long story short, I sold all my altcoins and went all-in on Kyber network (KNC) and ICON (ICX). I will explain why I am accumulating KNC heavily right now, what is Kyber Katalyst, Kyber network and what is the future of KyberDAO. 1. Introduction of Kyber Network Kyber network did an ICO in 2017 and they raised 200,000 ETH in their token sale (worth about US$52 million). The company is based in Singapore and the CEO of Kyber Network is Loi Luu. In 2014, Loi Luu came to Singapore from Vietnam to do his PhD in computer science at NUS. He was researching on cryptocurrencies, blockchain and smart contract security. Loi subsequently founded Oyenete, which is an open-source analysis tool to detect security bugs and vulnerabilities in smart contracts. This is really good for Kyber’s development as you have the CEO himself who understands...
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By The Babylonians
The Babylonians is a personal financial blog inspired by a book titled “The Richest Man in Babylon”. This blog shares insightful and educational content on investing across 3 asset classes: Stocks, REITs and Crypto. The motivation behind The Babylonians is to help the average Joe (using myself as a test subject) escape from the rat race through following certain laws and principles of wealth.
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