Kaka NFT team, the developer of NFT-based card game based on popular IP characters (i.e. Ironman, Spiderman), announced the launching of BLK Black Whale Project – the world’s first DeFi ETF derivative products platform.
KaKa NFT team, who previously was successful in listing NFT on Binance, developed the project over a long period of time. Kaka NFT team has a team of experts in the field of ETF, futures trading, and asset management from the United States, South Korea, China, Turkey, Vietnam, Japan, Malaysia, England, etc. This includes Yoon Kang Ro (AKA “Apgujeong Leech”), the legendary futures trader who made a profit of 130 billion KRW from 80 million KRW investment. Also, Yuting, the current president of Chinese fund for the prestigious McCormick family of the Rockefellers, has joined the project as a valuable team member. Due to the team’s lengthy experiences in the traditional stock and cryptocurrency industry, there is great expectation towards this project.
One of many deserves of BLK Black Whale Mission is the ETF tokens. The ETF tokens might characterize varied ETF merchandise, akin to ETF: ATE (corresponds to the worth of prime 20 crypto cash on this planet, i.e. Bitcoin), ETF: AEE (corresponds to the worth of prime 10 rising initiatives available in the market), ETF: ATI (corresponds to the worth of prime 10 revolutionary initiatives available in the market), ETF: APT (corresponds to the worth of prime 5 initiatives that has the best potential of success within the technical subject) and ETF: AHF (based mostly on inverse technique, i.e. brief choice buying and selling within the occasion of decline available in the market). Through ETF tokens, customers will have the ability to repeatedly examine varied data, together with its general worth, corresponding kinds of cryptocurrencies and the corresponding share of every cryptocurrency.
The Chief Technical Officer for the BLK Black Whale Mission acknowledged “as BLK Mission incorporates oft-used conventional ETF idea as a foundation in breeding a brand new DeFi ETF idea, we’ll pave the way in which in upstarting a brand new DeFi period. We absolutely anticipate that our mission would be the main mannequin for DeFi 3.0.” In consequence, there’s nice optimism in direction of this new ETF product.
Beginning in September, BLK Black Whale Mission will conduct varied rewards and airdrop occasions to its group members.