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What is KASTA

Tokens

1. What is Kasta?

Kasta is a cryptocurrency payment platform with key features including:

  • Instant and borderless peer-to-peer crypto transactions: The Kasta platform supports real-time cross-border transactions, enabling quick and convenient token transfers.
  • No transaction fees: Kasta charges no fees for transactions using the same tokens or between two users.
  • Cross-border payments: Kasta provides peer-to-peer token real-time transaction services, facilitating international transactions for users.

2. Who founded Kasta?

The founders of Kasta include Carl Roegind (Co-Founder and CEO), Carl Runefelt (Co-Founder and CMO), Hans-Herko Lusmägi (Co-Founder and CPO), and Sebastian Appelberg (Co-Founder and CTO).

3. Which venture capitals invested in Kasta?

Based on the provided search results, direct investment information regarding the token "Kasta" could not be found. The provided links primarily discuss investments in other tokens and projects, such as Ethereum, imToken, Axie Infinity, and OpenSea, but do not mention "Kasta." For specific investment information regarding "Kasta," more detailed searches or reviews of related news and reports may be necessary.

4. How does Kasta work?

Kasta is a token payment application designed to facilitate the widespread adoption of tokens as a viable medium of exchange within the global crypto economy. Here’s how Kasta operates:

  1. Built on the Polygon network: Kasta operates on the Polygon network, leveraging the platform's capabilities to offer instant, fee-free transactions, which is a significant advantage for users looking to execute peer-to-peer crypto payments efficiently.

  2. Natives token KASTA: Kasta has its own native token, KASTA, which plays a core role in its ecosystem. This token is used for various purposes, including facilitating cross-border transactions, providing in-app discounts on exchange fees, and granting access to exclusive debit cards.

  3. Staking and locking mechanisms: KASTA supports staking and locking mechanisms, allowing token holders to earn rewards and access various tiers of benefits and annual percentage yields (APYs).

  4. Simplified payment process: Kasta aims to simplify the use of tokens in everyday transactions, making it accessible not only for crypto enthusiasts and experts but also for newcomers and merchants.

  5. Security: Kasta utilizes BitGo's certified security infrastructure, built on cold storage wallets supported by multi-signature security protocols. BitGo also has a $100 million insurance policy to further ensure the safety of users' assets.

  6. Cross-border payments: Kasta offers low-cost cross-border transaction fees, creating convenience for international payments and supporting familiar services in the blockchain ecosystem.

In summary, Kasta aims to promote the widespread adoption and use of tokens through its operations on the Polygon network, the use of its native token KASTA, staking and locking mechanisms, simplified payment processes, security measures, and cross-border payment capabilities.

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