The King’s Life Project is the latest talk about investors and traders of cryptocurrency, most especially because of the angle they used as their approach. The company claims to be a perfect blend of luxury and crypto. And really, who does not desire luxury?
Therefore, Simple Passive Income has garnered sufficient information on this new crypto platform to enable our readers to make accurate judgments and invest wisely.
In this King’s Life Project review, we will look at the tokenomics, founders, and roadmap of this project, among other factors. All these will allow our readers to make clear and not-hasty decisions about The King’s Life project.
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Brief and Critical Summary of The King’s Life Project
The King’s Life is an emerging cryptocurrency platform that generates luxury for its token holders. The tagline on their Instagram handle, @the_kingslife_, which has over 41.7k followers, clearly states that with The King’s Life,” Luxury meets crypto.” King Life is giving interested fee $KING tokens to create awareness. CLICK HERE TO GET YOUR FREE 5000 $KING TOKENS NOW!
The King’s Life project boasts of the following:
- Secure storage
- Protection by smart contract
- Transparency
Utility of the Token/Product
The native token for The King’s Life is the $KING Token. This token has no built-in fees and is designed for unique payment structures. Apart from the minimal transaction fees, no costs are imposed. The token helps to reduce accounting work and increase the level of trust between merchants and customers.
Token Details
- Token Name: $KING
- Token Ticker: KING
- Total Supply: 200 Billion
- Token Chain: Binance Smart Chain
Token Distribution
- Airdrop: 10%
- Team: 5%
- Staking passive income rewards: 30%
- Private sale: 45%
- Public sale: 10%
Token Utilization
- Store of Value
- Payment method for luxurious goods
- Staking and earning rewards and gift packages
- Appreciation digital asset
- Access to private members’ clubs and networking events
- Luxury yacht and supercar rental
Team’s Experience
The team in charge of the building and development of The King’s Life project is experienced and has been involved in similar projects. These projects show them to be passionate about cryptocurrency and community building. The team members have the required qualifications.
For instance, the CEO, Louis Casper Dunweber, is a wealthy businessman with vast knowledge of crypto and equity trading. He aims to provide crypto enthusiasts with unique utility token features. Also, he claims to have the desire to revolutionize the crypto world by making sure that the users own personal data, which will greatly reduce the current data leaks due to centralized financial systems.
Their websites and whitepaper show a high level of coordination and organization. There are strong indications that the team can handle this project, especially considering their qualifications.
Roadmap
November – December 2022
- Community building by promotion
December 2022 – January 2023
- Private/Pre-sale of the Token
February 2023
- Public launch on exchanges
- Trading and staking starts
March 2023
- First launch yacht and villa party
April 2023
- Launch trading course and education
May 2023
- Private networking event
June-July-August 2023
- Launch of NFT collection
September 2023
- Launch private members club
Current Valuation
- Private Round 1 (40 bln tokens): $0.0001 price per token; Private Round 2 (10 bln tokens): $0.0002 price per token; Round 3 (10 bln tokens): $0.0004 price per token; Round 4(10 bln tokens): $0.0008 price per token; Round 5(20 bln tokens): $0.0016 price per token
- Pre-sale Round 6 (10 bln tokens): $0.002 price per token; Round 7 (7 bln tokens):$0.004 price per token; Round 8(3 bln tokens): $0.006 price per token
Size of Industry and its Projected Growth
The crypto industry is huge and competitive and is expected to have massive improvements in the future. However, the luxury market is not very competitive, so The King’s Life Project may yet secure a significant part of this market.
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