$BANANA is out. $KONG is in.
@CyberKongz announced that they’re launching $KONG
All $BANANA can be converted to $KONG upon TGE at a 1:25 ratio @ TGE. This represents 28.2% of $KONG supply
No $KONG will be airdropped to CyberKongz community upon TGE
Some thoughts to ponder:
1️⃣ 10 $BANANA is distributed to Genesis CyberKongz over a 10yr span starting 2021. Will this be put to halt upon $KONG TGE or will Genesis CyberKongz yield some $KONG per day still?
2️⃣ Only Genesis CyberKongz is able to get airdrop/yield of $BANANA. Other NFTs in the ecosystem like Baby Kongz, CyberKongz VX, and Genkai didn’t receive $BANANA airdrop ever. Granted that they could have bought in the open market, it feels like they’re shortchanged in the $KONG tokenomics as no $KONG will be distributed to their NFT holders upon TGE
3️⃣ Wouldn’t $KONGZ be a better token name than $KONG? Idk maybe that’s just me 😆
!OOH this is gonna be interesting 👀
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