KALA Network Review: Social media based on Web 3.0
KALA is a social media platform based on a blockchain.
I am going to be direct. KALA is a social media platform based on a blockchain. This is the simplest form of defining KALA Network.
The complex description: KALA is Web 3.0 based social media platform, better described as a social-Fi or Social-DeFi.
What the above statement mean is, though KALA obviously relies on Internet service to function, its core data is encrypted into a blockchain. Instead of being the usual native social media platforms like Facebook or twitter, KALA's ownership is not linked to any one person or organisation. But yes, there is a CEO and a team of devs. Don't think about it too much.
KALA is maintained through a governing cryptocurrency token known as KALA Network Token [$KUDO / $KLNW].
When creating an account on the KALA Network, you are required to connect through Binance Smart Chain Mainnet or BEP-20. But KALA token itself [$KLNW] was minted on the Solana Blockchain. Below is $KLNW contract address on the solana blockchain: ENGUzXs1xoYxHm3NtvZL26NLwAWr2zkswnTNevfEUYqp
When I asked why it was so in the KALA group chat on KALA, one of the devs replied that, in the future, KALA Network will operate on multiple blockchain networks.
According to coinstats, KALA's token isn't trading on any exchange as at the time this review was made.
The total supply of $KLNW is 1 Billion token.
Interestingly, unlike Uhive that destributes its HVE2 tokens to its members for their activities on the platform, KALA's $KUDO / $KLNW token is only given to users through their referral based system. Please note that, KALA is currently in testnet and reward system may change when it launches fully.
Since Uhive has been sighted in this discuss, let us go a bit further with the comparison. Uhive is currently available as an IOS or Android app, KALA is Web based [For now, pending its app launch]. You don't need to have any app installed to use KALA. Internet service and a Web browser is all you need.
KALA Network in detail.
KALA is a Social Media + Decentralised Finance platform [Social-Fi] giving users a one stop shop to all their Web 3.0 needs. From social interaction, to gaming, to trading, e.t.c, these and more through an encrypted blockchain technology is what you get on KALA Network.
KALA's cryptocurrency [$KUDO / $KLNW] will be used within the platform to purchase KALA's in-house NFTs. These NFTs can be used to increase a users earning rate of $KUDO / $KLNW. These NFTs are called pen and pencil NFTs.
Did I mention that KALA is currently in its public testnet?
Well yes, KALA though functioning almost flawlessly is not out of the testnet woods yet. The platform is currently undergoing tests and new features are being added daily.
Features of KALA.
Remember KALA is very much a baby, the above missing features maybe added in the future.
How to signup on KALA Network.
You get 0.5 $KUDO when you use the above link to sign up on KALA Network.
What do you think about KALA Network? Is KALA a welcome addition to the DeFi world or just another social media platform?
Whatever your thoughts are, please let us know in the comment section or tweet us @Allroundreview1. Don't forget to drop a follow on us at .KALA. We are following our first 100 followers back, spread the word.