Kalao is an NFT ecosystem that utilizes and simple-to-use marketplace powered by the Avalanche public blockchain.
What is Kalao (KLO)?
Kalao is a comprehensive NFT solution with a concentration on the metaverse and virtual reality. It provides a more immersive and personalized approach to experiencing NFTs. On the Marketplace, users may buy, mint, and sell NFTs. Certified collections will be published to ensure users that the collection they are purchasing is authentic.
Its framework will help to speed up the adoption of VR technology in order to create virtual worlds and to maintain the digital transformation of commercial uses.
Outstanding features
What is the project trying to achieve?
Kalao provides an NFT ecosystem with a variety of features:
- NFT Marketplace
- Customized 3D Gallery, opening capabilities to display your own NFT art gallery
- Buying and Selling of Virtual Land
- Event Ticketing
- Art Exhibits
- Live Watch-along for virtual concerts
What is the unique selling point?
Kalao is a lot more than just an NFT market. Its aim is to maximize the potential of metaverse experiences by applying the winning combination of NFT and VR technologies to real-world use cases. This is a unique value proposition, and it will enhance the uniqueness of the Kalao experience.
NFT Marketplace engine
Marketplace: A place where people can make, buy, sell, and collect their favorite NFTs. The Marketplace brings some of the best creators and artists together, providing you with an exclusive, highest-quality experience.
KalaoGo: NFTs is a way for artists, creators, and partners to start selling their work. Artists will have to provide:
- NFTs, Metadata and minting cost
- What to do with unminted NFTs
- Royalties scheme
Kalao takes care of the rest: The smart contracts, the claim process, and the pages/UI for users to get their NFTs.
Kalao Vision: allows artists, designers, and collectors to display their favorite NFTs in their unique 3D gallery. There is no need to be physically present to see the gallery because it is fully linked with the Kalao Marketplace.
Gallery VR: Kalao’s gallery provides a unique 3D method to view NFTs, whether or not you are using a virtual reality headset. Users may create their own virtual gallery and decorate the 3D space to their liking, hanging NFTs on the walls and playing NFT music to friends who have been invited to the gallery.
Metaverse experience
The Citadel will be Kalao’s first Metaverse world/hub. Inside the Citadel, users will be able to explore, play, attend events, interact with each other and access the whole Avalanche ecosystem in one place. Users can purchase or rent virtual land on which to promote their company or stream a live concert.
Roadmap
Technical Data
Token Metrics
- Token Name: Kalao
- Ticker: KLO
- Blockchain: Avalanche
- Token Standard: ARC-20
- Contract: 0xb27c8941a7Df8958A1778c0259f76D1F8B711C35
- Token Type: Utility, Governance
- Total Supply: 500,000,000
- Circulating Supply: 26,975,444 (Jan/22)
Token Allocation
Funding Numbers
- Seed: 40,000,000 KLO at 0.025 USD — 1M USD
- Private: 51,000,000 KLO at 0.035 USD — 1.785M USD
- Public IDO: 13.75M KLO at 0.04 US — 550K USD
- Hard Cap: $3,335,000 USD
Token Sale
Private Sale Information
- Private sale price: 1 KLO = 0.035 USD
- Sold on Private sale: $1,785,000
- Private Sale Allocation: 51,000,000 (10,2% KLO)
Seed sale information
- Seed sale price: 1 KLO = 0.025 USD
- Sold on Seed sale: $1,000,000
- Seed Sale Allocation: 40,000,000 (8% KLO)
The Kalao Sale On Avalaunch
- Total KLO for Sale: 13.75M
- Price: 0.04USD
- Size: $550,000 USD
- Vesting: 25% at TGE followed by weekly unlocks for 6 months
Token Release Schedule
Total Supply: 500,000,000 KLO
- Community Rewards: 209.35M KLO — 1 month lock-up followed by 120 months of linear vesting
- LP Farming: 11.15M KLO — 1 month lock-up followed by 3 months of linear vesting
- Token Sale: 104.75M KLO
- Seed: 40M KLO — 8% at TGE followed by a 3 month lock and 24 months of linear vesting
- Private: 51M KLO — 10% at TGE followed by a 3 month lock and 24 months linear vesting
- Public: 13.75M KLO — 25% at TGE followed by weekly unlocks for 6 months
- Team: 75M KLO — 6 month lockup, 36 months linear vesting
- Ecosystem: 58.5M KLO — 1 month lock-up followed by 36 months of linear vesting
- Advisors: 32.75M KLO — 6 month lockup, 36 months linear vesting
- Liquidity: 4.5M KLO 50% at TGE, 50% at month 2
Token Use Case
- Buying and selling NFTs: The $KLO token will be one of the main currencies in the Kalao ecosystem and will support plenty of use cases in the marketplace.
- Governance: $KLO tokens represent voting shares rights in the governance.
- Running marketing campaigns and promoting an NFT on the platform: by publishing an NFT on the Marketplace, users will be able to promote and increase the visibility of the NFT being sold.
- Access to exclusive NFT’s drop: Kalao aims at listing exclusive and rare NFT collections. Get access to these collections by staking your $KLO.
Market and Community
Backers
Team
CEO Hassan BENAHMED (Linkedin) You also can check this AMA to know more about the team: https://www.youtube.com/watch?v=YmubCgdCDgc
Advisors
Investors
Verdict
As the rising numbers of NFTs enter the market every day, Kalao provides a seamless experience and is the easiest way for everyone to trade and collect NFTs. The Marketplace is a totally decentralized platform powered by the Avalanche blockchain, which allows its users to experience fast and secure transactions with low fees. Indeed, the project’s vision is to unlock the full potential of metaverse experiences by applying VR and building the Citadel. There’s a good chance that virtual reality will become more common soon.
Find more information about Kalao:
Website: https://www.kalao.io/
Whitepaper: https://docs.kalao.io/faq/what-is-kalao
Medium: https://medium.com/@Kalao
Twitter: https://twitter.com/GetKalao
Telegram: http://t.me/kalaoklo
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Marshall
Coincu Ventures
