Our History
Kinglory's history
The schedule of all major milestones, branches and updates of the kinglory blockchain.
WHAT IS A FORK?
Changes to the rules of the kinglory agreement usually include planned technological upgrades.
2017R&D started
2020Internal test
TBAHackathon
TBATestnet online
OUR COMMITMENT TO TRANSPARENCY
Kinglory takes a very long term view with respect to the success of the Kinglory network and our role in supporting it. In an effort to provide transparency to our community, we are pleased to provide the public with insight into how we plan to use our 2B founder’s reward, current token holdings, and actions to date.
KINGLORY MAINNET FOR ENTERPRISE
Our immediate goals with our stake are to help ensure the liveness and security of Kinglory, the first public, permissionless, and pure proof of stake network. Beyond liveness and security, our secondary goal is to promote the growth of new applications and use cases on the platform.
We will use tokens:
To participate in consensus and assist in securing the network, though our tokens will never represent more than 49% of the circulating supply. Tokens are routinely redistributed among nodes to maintain voting at the appropriate level.
To provide incentives to contributors and application developers through token grants, competitions, and investments.
To assist in the development of the financial ecosystem by encouraging growth and liquidity through support of partner solutions including lending, staking, and market making.
In addition:
We will re-balance our accounts from time to time, creating new addresses or removing old addresses, and update this page as needed.
We anticipate selling some KGC from time to time through third party run, structured selling plans to fund development initiatives. Details on any sales will be published in future transparency statements.
These points are important as you may see tokens move and our total stake fluctuate as we provide support to the community. We will publish a periodic summary of token movement in addition to wallet updates to ensure transparency.
KINGLORY'S WALLET ADDRESSES
Below please find the addresses of Kinglory’s tokens:
Contract adderess- 0x502fba0dcb132d3a5e93040b84c26823bfd653c0
Decimals – 18