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Kalamint To List Native Token ‘Kalam’ On Quipuswap On The 3rd Of June

Kalamint to list native token ‘Kalam’ through Quipuswap on the 3rd of June. Kalam tokens are expected to be the governance tokens of the platform.

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The ‘Kalam’ Token

Kalamint has just announced the listing their native token: KALAM token. From the 3rd of June, KALAM will be available on the Tezos-based decentralized exchange Quipuswap.

Tokenomics and functionality will be announced in a later blog yet to be released by the Kalamint team, but KALAM tokens are expected to be the governance tokens of the platform.

Additionally, holders who stake their coins are expected to be able to make proposals to The Guild and receive a percentage of the Fees of every sale on Kalamint.

Kalamint

Kalamint sets itself apart in the way it builds a quality community of minting artists and in the way it battles plagiarism.

Kalamint is what is known as a curated market. Like a gallery. This means that there is an authority on the platform that decides who can become an artist and that can act when there is a case of (suspected) plagiarism.

In Kalamint, this authority can be reformed by the majority. Kalamint is set to be a decentralized quality gallery. The authority is the guild and is formed by creators, collectors, and wardens.

Creators and Collectors can:

  • Vote to add members to the Guild
  • Vote to remove members of the Guild
  • Suggest and vote on platform features
  • Suggest and vote on reward mechanisms
  • Screen artists who can mint and transact on Kalamint (verify artists)

Wardens will hold the following decision-making rights:

  • Suggest artists to Guild members for verification
  • Suggest verified artists to be removed from the platform
  • Suggest Guild to be modified, pending vote from the Guild
    Kalamint will have a

“Zero Plagiarism Policy — We value the work that any artist does dearly and will not permit any form of copyright infringement in the platform”

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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