Kattana Completes $1.3M Private Funding Round, Announces IDO On Polkastarter
Kattana announced an upcoming Initial DEX Offering (IDO) that will be hosted on April 9 on Polkastarter, the leading cross-chain protocol and first choice for many IDOs. An IDO is a new fundraising model that relies on decentralized liquidity exchanges which offer immediate liquidity at every price level. These exchanges rely on liquidity pools whereby traders can swap tokens. For instance, in this Kattana IDO, traders can swap ETH for $KTN. IDOs have become very popular because a project’s token gets access to immediate liquidity at every price level, which is very important.
Additionally, an IDO allows anyone to participate and have a chance to hold and trade with the token immediately. Kattana has chosen to have this on Polkastarter because of its technical abilities, strong community, and highly qualified team. Polkastarter is able to host token generation events that are quick and cheap to execute while being highly secure and organized. It is Kattana’s mission to make this the fairest and most transparent token generation event to date.
A Successful Funding Round
Kattana has recently completed its funding round, which managed to raise $1.3 million. This funding round has brought in money and powerful partners who have given Kattana a solid foundation on which to launch the platform. This fundraising round has been made successful by players such as Morningstar Ventures, Spark Digital Capital, ZBS Capital, Black Edge Capital, Moonrock Capital, DFG, and Ascensive Assets.
Funding exercises are a true testament to influence a project has in the market and its future potential to grow and attract users. This period can steer the project and offer information on whether their solution is as good as they imagine.
With this huge success of Kattana, it is evident that the crypto space is ready for the solution on offer and that many people are willing to support the project. As a project that has been operating privately in centralized finance, Kattana has gotten a nod from decentralized finance that its solution is needed and welcome.
About Kattana
Kattana is a multifunctional terminal that has been created to serve traders in both CeFi and DeFi trading platforms. It provides trading strategies on decentralized exchanges by aggregating all trading tools for native and novice traders on one platform. The tools provided by Kattana are meant to help traders with the advantage needed to crush all the existing cryptocurrency markets. The platform also offers portfolio management, trading strategy automation, and many other features that are not available anywhere else.
This platform is different because it has brought trading tools available in centralized exchanges into decentralized exchanges. DEX traders can access tools and strategies that were previously only available for their CEX counterparts. These unmatched instruments and charting from Kattana will allow the crypto traders to stay ahead of their competition. In an ever-changing DeFi environment, Kattana is proud to present a trading functionality that will meet these changes and allow traders to benefit from the changes instead of suffering losses.
The aggregation function in Kattana means that news from many different sources is available and accessible, ensuring users have the most relevant information about the market to help them make trading decisions. Additionally, the portfolio management feature will allow users to keep track of all their assets on different trading platforms. Therefore, trading decisions are easily made and executed based on information from the Kattana platform and the portfolio management feature. Traders can rely on a single platform instead of switching from one trading platform to another and keeping track of market news from other sites.
Kattana has been specially developed with the needs of traders in mind. As a result, the preferences of traders in both CEXs and DEXs are a priority. Kattana supports trading on both these platforms. For instance, CEXs like Binance, Kraken, and HitBTC and DEXs like Uniswap and 1inch are both supported. Traders on such platforms can rely on Kattana to provide the required tools so that they thrive and be on the top of their game.
Kattana has also tried to solve crypto trading issues such as complexity in user interface and user experience. Many new traders in crypto platforms take a long time to understand the interface and then make trade decisions. However, Kattana has taken time to create the best and most professional trading interface that is accommodating to all traders due to its simplicity of use and ease of access. Traders can easily understand the charts, tools, and other features on the platform from the start.
Kattana is also offering trading analysis of ERC-20 addresses whereby traders get the opportunity to correct their errors in the trading process and keep on with their trading strategies. A trader’s profits and losses are calculated on the platform, and a profitability chart is generated. The chart structures have all transactions as trades, and the traders can review the chart to understand their trading process. Through this, it is easy to understand where mistakes were made and the winning strategies.
Looking Forward
The upcoming IDO is an exciting opportunity for Kattana to launch to its users and allow them to own $KTN. This new journey is a way to open its doors to the public and allow them to trade with the token. People are advised not to buy $KTN tokens on their own or third-party markets but to follow Kattana’s Twitter and Telegram Announcement Channel instructions.
Further information about the Apr. 9, IDO will be shared in all social media channels. Kattana is a revolutionary platform for traders and will allow them to have a better trading experience in DEXs.