Key Points:
- Kalima, a delegated proof-of-stake blockchain, has entered into a partnership with ABO Digital, a private alternative funding group based in the Bahamas and Dubai.
- ABO Digital has committed $10 million to Kalima, which will be used to further innovate and refine IoT solutions for industrial companies.
- Kalima has also announced a 24-hour private sale of its KLX token on Pinksale, with the goal of creating a deep liquidity pool on Uniswap.
- The KLX token will be available for trading on Uniswap starting from July 21.
- Kalima is a low-consumption layer one blockchain that allows for decentralization and scalability, with a focus on IoT and native smart contracts.
Hot Take:
The partnership between Kalima and ABO Digital is a significant development for the blockchain industry, as it brings together innovative technology and alternative financing solutions. The funding commitment of $10 million will enable Kalima to further advance its IoT solutions and drive digital transformation in various industries. The private sale of the KLX token is also an exciting opportunity for investors to participate in Kalima’s growth and contribute to the establishment of a strong liquidity pool on Uniswap. Overall, this partnership and token sale highlight the increasing adoption and potential of blockchain technology in solving real-world problems.
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