👁️KiX Vision - An Introduction

Fantasy Football Just Became A Trading Reality

So you want to trade the world’s top footballers NFTs on a frictionless DeFi exchange? That’s massively attractive .. right?! Currently, there are literally thousands of NFTs listed around the crypto world looking for buyers without success, but what if there was a different way?

With KiX we believe we have found the the solution to this problem.... With KiX our traders can hold the hottest players, earn rewards when they perform, exercise utility through staking and crucially sell footballer NFTs instantly into a liquid and transparent market. With KiX our traders can focus on putting their football knowledge to work, but we also bring a lot of fun to the party! At KiX we know how to create a new brand that is combined with an identity where its traders can be part of the passionate football community through our DAO.

If all of this sounds like something you would enjoy and maybe you had almost given up finding something easy and fun to do in DeFi, well then have come to the right place!

We’re building the best conceivable product for you, and the football community … to govern and control. Now you really can own your game. In addition to the above features, KiX is also totally safe and secure because it is fully decentralized. There is no registration required to use the environment as everything is on-chain with self-custody, which means your keys and your crypto!

What exactly is KiX? KiX is a Web3 next-generation Sports NFT exchange (DeX). On the KiX DeX traders can buy and sell footballer tokens with prices driven by supply and demand and where winnings are derived from real-life player performance statistics - all with the speed, transparency and community governance enabled by the blockchain.

Also as a not-for-profit foundation, our DAO is guided by 3 core principles and values: Community, Transparency and Sustainability all work together to enable traders to make responsible trading decisions, Play2Earn, govern, share and enjoy a great product.

Click on the links to explore where we have arrived so far with KiX. We've tried to describe the product in simple language without using jargon, so it can be clearly understood whether you're a DeFi Degen or just a mad football fan.

Community

The KiX Foundation is a not-for-profit DAO governed by those who hold our platform token $KIX - that ultimately is you, and many like you. There is no ‘them’ and ‘us’, ‘customers’ vs ‘shareholders’, there are only token holders in our project, large and small, who are all aligned in wanting our ecosystem to thrive.

All key decisions will be made by the DAO members: which footballers to add, the next sports markets, the composition of the rewards and performance points, and a host of other more complex strategic decisions over time.

Sport is arguably the most powerful and unifying force on the planet - witness the extraordinary impact of Argentina winning the World Cup or the effect of Welcome to Wrexham on its local community. Sport is often the only thing that 'gives back' to the disenfranchised, it's the raw fabric of community where there is little else.

Decentralization and Web3 democratize this massive potential; whether it's buying a football club, or as in our case, building the infrastructure for low-carbon Play2Earn, where fans can profit from their football knowledge and share their passion with other like-minded souls across the globe. The result is people empowerment and economic prosperity in countries with raging inflation and limited employment opportunities.

Transparency

This is Web3 and we are fundamentally governed by our code creating a trustless relationship with our members and traders. All the key metrics of our business will be there for all to see including our reserves and our costs. Remember there is no profit line, the community is the beneficiary of every cent we spend, whether in buying tokens or funding grassroots sports initiatives, eventually, it will all be for you to decide.

Sustainability

The product is designed in such a way as to be sustainable and anti-fragile over the long term.

Liquidity is provided by our protocol-owned liquidity reserve reducing reliance on external liquidity provision to an absolute minimum.

Winnings contests are not mandatory to enter and their payouts are not fixed therefore not creating any future liability. The winnings from these optional contests are not funded by stakes, which in our case is the issuance of tokens, and there are no deductions to reward shareholders.

The contest winnings may be tactically supplemented with the $KIX token from the dedicated Winnings allocation in our Tokenomics, but only if strictly necessary, we are very cognizant of the inflationary impact of token emissions - there is no free lunch.

A percentage of stakes, i.e. token issuance, may contribute to fund basic operational costs. However, this will only happen if there is a shortfall from external investment and only until such time that these costs are covered by other revenue streams, such as the sale of data and NFTs.

We have simplified the products' onboarding too. Native Degens can connect a wallet through Wallet Connect, and the newbie football fan can open an account and join using a simple social login such as Gmail.

In either case, the user is up and running in seconds and none of the principles of decentralization or security are compromised in either flow.

Please join us on this exciting journey...ultimately it’s your project .. your journey, and you're the Boss!