What is Kingaru (KRU)?

Kingaru is a blockchain designed specifically for the retail industry. It operates on a Proof-of-Stake consensus mechanism, offering faster transaction speeds and lower fees compared to major credit cards.

KRU serves as the native coin of the network and is utilized for:

Processing transaction fees and data storage feesRunning validator nodes on the network*Acting as a payment method for customers when shopping with integrated vendors

How Many KRU Coins Are in Circulation?

Kingaru launched its mainnet on March 16, 2022, with 1 billion KRU coins created initially. During the private and public sale rounds, 10% of KRU coins were sold. The remaining 90% are allocated to various functions with different lock-up and vesting schedules. For more information, please visit Kingaru.com.

To witness KRU in action, please visit https://kingaru.com/demo/

Who Are the Founders of Kingaru?

Kingaru was founded by Brad Boyle, who recognized the limitations of existing blockchain solutions. With extensive experience in retail and wholesale transactions globally, Brad aimed to create a payment system that bridges the gap between Web2 and Web3.

Over the past two years, the Kingaru team has been dedicated to developing the most efficient transaction-based blockchain. During this time, they have also focused on meeting regulatory and licensing requirements to connect companies with Web3. In 2022, Kingaru obtained a license from The Republic of Estonia, an EU member country.

Brad, a seasoned entrepreneur, holds MBAs in Technology Marketing from the University of California at Berkeley and in International Finance from Columbia University. Additionally, he holds a certificate in Blockchain Technologies from the Massachusetts Institute of Technology (MIT).

Having built companies that expanded to over 30 countries worldwide, Brad possesses a deep understanding of banking and regulations. He has also served as the Secretary of the Board for one of the top Credit Unions in the United States.

Where Can I Purchase Kingaru (KRU)?

KRU is currently available on Bitmart, paired against USDT. As the project progresses, KRU will be listed on additional exchanges.