Red Kite is a top-tier launchpad by PolkaFoundry (now Firebird) that allows investors to participate in pre-sales of carefully chosen Web3 projects.
As part of the PolkaFoundry ecosystem, Red Kite now utilizes the platform's native $PKF as an utility token. Investors can hold $PKF tokens to join pools on Red Kite and participate in secure and reliable token sale rounds of handpicked projects in crypto.
What makes Red Kite unique?
Red Kite Launchpad offers fairness for all participants with a lane-based swap system, an integrated vesting schedule, a reputation point-based tier-ranking system, and multi-chain support. As a result of recent market disruption, Red Kite now strives to become a pioneering, industry-leading Smart Launchpad with powerful and innovative solutions with the help of AI technologies.
Following the independent growth strategy development announcement, Red Kite plans to gradually grow and expand our ecosystem, build DAO models, and add distinctive features to increase utilities for $PKF owners.
Who is the team behind Red Kite?
PolkaFoundry, a one-stop production hub for DeFi and NFT apps on Polkadot, was established in 2018 and rebranded as Firebird in October, 2022.
Red Kite was built on PolkaFoundry and is powered by Icetea Labs - Asia’s leading Web3 incubator and powerhouse specialized in Web3 development, game discovery, and user engagement.
As a result, Red Kite is able to take advantage of the Icetea ecosystem's outstanding features while also receiving assistance from technical advisors, influential people, accelerator programs, and other sources.
Red Kite Features
Multi-chain, flexible options
Red Kite offers one the most diverse forms of blockchain support, aiming to create a one-stop location for both investors and startups. We currently supports the following chains: Ethereum, Binance Smart Chain, Polygon, Avalanche, and all EVM compatible chains.
We hand-pick projects cautiously, scrutinize and verify the project team’s origin and legitimacy, innovation of idea, and their capacity to execute their vision.
Our loyal members can earn incentives in the form of Red Kite points from our Reputation system for every $PKF placed in addition to the benefits of participating in profitable token sales and earning APY from the staking mechanism.
We understand that opportunities should be delivered fairly and efficiently. Red Kite's lane-based swap system ensures everybody has a chance to join accordingly based on their tier without having to resort to gas war.
Integrated Vesting Schedule
Red Kite goes with a Distribution Portal for projects to vest their sold tokens. This feature can also be used for pre-sale or post-sale secondary offerings.
Red Kite constantly places a high priority on safeguarding and preserving the benefits of users with an appropriate refund policy. In the future, Red Kite will continuously develop top-notch features like project incubation, DAO model application, AI technologies, and many more to deliver robust user experience.