Kodi Coin (Cryptocurrency)

Kodi Coin (Kodi) is a cryptocurrency token established in October 2021 on the Binance Smart Chain network. Kodicoin is working on multiple projects. Its mission is to provide a one-stop IDO platform and give investors an interactive entertainment network that will keep users engaged, informed, and entertained while investing in the cryptocurrency market.
The token charges an 11% fee on transactions on buys and sells—3% on BNB reflections, which are redistributed (or reflected) to token holders with more than 5 million Kodi tokens. 2% directed to the salary pool; 2% directed to buy back utility pool that allows sustained buying pressure and burns; 1% directed to liquidity pool; and 3% directed to its marketing division, which will permit Kodi Coin to continue to reinvest in the company and grow.
Kodi Coin was listed on Coingecko and Coinmarketcap after its launch. It is currently available for purchase on PancakeSwap. Kodi Coin’s native cryptocurrency is called $KODI.
Kodi Coin’s staking contracts were developed by its partners at Brewlabs. Staking reflections are in $KODI with a variable APR. There is no minimum amount required to be staked.
==History==
Kodi Coin initially launched its previous token, Kodiak, but ran into technical difficulties with its smart contract. The Gnosis multi-sig wallet used for the marketing funds malfunctioned with the contract, creating a backup in the BNB rewards distribution. Although the team resolved the issue within 24 hours, the momentum needed to sustain buying pressure was lost. After deliberations, the project team concluded the best option was to snapshot current holders and migrate to a new contract. The team rebranded the project as Kodi Coin.
Kodi Coin was created by individuals with professional backgrounds in different industries. It was funded through an initial coin offering (ICO) on DxSale, where liquidity remained locked for a 1-year minimum.
Before the token launch, the team was audited by Brewlabs and Dessert Finance. All five of the core team members have completed a KYC through both companies with government-issued IDs. A CertiK Audit was previously completed for its previous contract, and a new one is currently in progress. The final report is expected on or before April 20, 2022.
On November 16, 2021, Kodi Coin launched its first round of NFTs through its partners at Mint State Crypto. There are a total of 3500 packs, with each pack containing 3 unique NFTs. There are 7 types of rarities, all of which will have utility via staking when its NFT staking contract development is complete. Each NFT pack costs 0.6 BNB.
On August 27, 2021, the project began beta testing of its Entertainment Network’s 24/7 Bear Cave Radio. It is hosted on Telegram and live-streamed on YouTube, Discord, and Twitch. It consists of daily and weekly programs covering a wide range of crypto and non-crypto topics. Downtimes are spent engaging in open discussions among team and community members or listening to live music streams.
On September 30th, 2021, Kodi released its advertising agency, called Pitch, which operates as a subsidiary company. The agency offers marketing services to many crypto projects.
On December 17th, 2021, Kodi Coin announced plans to launch its own play-to-earn game.
Kodi Coin recently launched itsIDO platform "CookieSale" last March 23, 2021.
==References==
Category:Cryptocurrencies
Category:Digital currencies