• Kalima, a Delegated proof-of-stake blockchain has secured US$10 million in investment commitment from ABO Digital.
• Kalima has announced the private sale of its KLX token on Pinksale and Uniswap listing.
• The primary objective of the private sale is to support the growth of the KLX token.
Kalima Secures $10 Million Investment Commitment
Kalima, a Delegated proof-of-stake blockchain, has entered into an agreement with ABO Digital, a private alternative funding group based in the Bahamas and Dubai. This significant partnership involves a commitment of US$10 million into the French-based blockchain company.
Private Sale and DEX Listing Announced
Kalima has also released details of its KLX token sale. A 24-hour private sale will take place on July 19 on Pinksale, where users can purchase KLX tokens. Following completion of the private sale event, KLX will be made available for trading on Uniswap, establishing a KLX-ETH pair. The primary objective of the private sale is to support the growth of the KLX token.
KLX Token Use
KLX is a general purpose utility token which can be used to pay for transactions and access blockchain services on the Kalima protocol. To support the growth of this token, Kalima Blockchain Governance created several proposals including bridging it from Polygon to Ethereum network and proposing its 24-hour token sale on Pinksale.
Revolutionizing Industries with IoT Solutions
Kalima CEO André Legendre stated that this funding commitment would allow them to further innovate and refine IoT solutions to revolutionize industries and drive digital transformation across businesses, developers and startups building web3 enterprise applications focusing on IoT data solutions for real world problems.
ABO Digital Partnership Excitement
Amine Nedjai, CEO of ABO Digital expressed his enthusiasm in working with Kalimas team moving forward as their innovative approach towards web3 enterprise applications aligns perfectly with their goal to advance technological advancements in enterprise blockchain solutions