Save the date: Kephi Token (KPHI) IFO is finally here!

Kephi Gallery
3 min readJul 18, 2021

The moment we’ve all been waiting is here! We are so excited to announce that we will be holding our IFO (Initial Farm Offering) on BecoSwap IFO platform, on Friday July 30th, 1 p.m. (UTC).

We will be selling a total amount of 4,000,000 KPHI tokens at 0.06 USD each, and the window will be open for ONLY 2 HOURS! So please, save the date and time and start getting ready for it.

Also, as a show of our appreciation to our initial investors, we will be airdropping a very special NFT to those who participate on the IFO.

If you want to participate on the IFO you need to follow these simple steps (you can also refer to this guide).

What’s Kephi Token?

Kephi Token (KPHI) is Kephi Gallery’s own utility token. KPHI will be available for mining by those who use the platform to buy and sell NFTs. Aside from that, we will have a broad Loyalty Program in which KPHI will be used for benefits such as:

  • Discounts on fees
  • NFT Airdrops
  • Special profile frames (to make your artwork standout)
  • Appear on Kephi Gallery’s own collection
  • …and many more!

KPHI Token Distribution

The total supply of KPHI tokens is 50,000,000. Details:

  • 16% (8,000,000 KPHI) will be reserved for the Public Sale on KardiaChain and Binance Smart Chain
  • 14% (7,000,000 KPHI) were sold on the Private Sale
  • 18% (9,000,000 KPHI) will be reserved for Kephi Team
  • 15% (7,500,000 KPHI) will be reserved for a Loyalty Program
  • 10% (5,000,000 KPHI) will be reserved for Marketing
  • 15% (7,500,000 KPHI) will be reserved for Exchanges
  • 7% (3,500,000 KPHI) will be reserved for Advisors
  • 5% (2,500,000 KPHI) will be reserved for Future Development

After the IFO, approximately 40% of the total supply will be circulating in the market.
Token Vesting Periods for Kephi Team: 12 months
Token Vesting Periods for Advisors: 12 months
Token Vesting Periods for Seed investors: 6 months

Please notice that the total supply will always be 50,000,000. The excess of it on any of the blockchains will be locked in a proof-of-assets contract.

IFO Sale Details on KardiaChain

Sale start block: 3538700 (Approx. 1 PM UTC on Friday 30th July 2021)

Sale end block: 3539420 (Approx. 3 PM UTC on Friday 30th July 2021)

Amount to be raised: $240,000 USD in BECO-KAI LP tokens

Tokens to be sold: 4,000,000 KPHI (8% of KPHI total supply)

Price per token: 1 KPHI = $0.06 USD

How to buy Kephi token (KPHI) on the IFO:

  1. Purchase native KAI
  2. Send your KAI to your KardiaChain wallet. (Chrome extension, Android, iOS)
  3. Purchase BECO on Kaidex
  4. Add liquidity to the KAI-BECO liquidity pool
  5. With your KAI-BECO LP token you are ready to buy KPHI when the IFO starts (in the meantime you can earn some BECO staking on the KAI-BECO farm)
  6. When the IFO ends you will be able to claim your KPHI along with any remaining KAI-BECO LP token, and start trading on Kaidex or take advantage of the awesome opportunities BecoSwap may offer to farm BECO with KPHI-KAI LP token!!

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Kephi Gallery

Kephi Gallery is a cross-chain, low fees, NFT marketplace where artists from different disciplines can get together and share (and monetize!) their work.