Red Kite Logo

Red Kite PKF

Red Kite header image

1. Summary

Limited data

  • 100% of the Red Kite code repositories are forked (originally copied) from another project.


Momentum (beta)
Stack Rank™
$0.04 +1.0%
Market Cap
$6.32M (#1575)
142.41M / 200.00M
52W High price $0.20
52W High date 11th Dec 2023 (7 months ago)
All Time High (ATH) Date 18th Mar 2021 (3 years ago)
ATH Price $2.91
% From ATH -97.85%
All Time Low (ATL) Date 5th Sep 2023 (10 months ago)
ATL Price $0.05
% From ATL 30.62%
Supply & Trading Volume
Trading Volume (24h) $27,293.00
Total Supply 200.00M
Max Supply 200.00M
Circulating Supply 142.41M

PolkaFoundry is a decentralized application (dApp) factory that provides a high level of interoperability with decentralized finance (DeFi) as well as Web 3.0 ecosystems. It does this through the usage of what is known as the Polkadot multi-chain blockchain network.

PolkaFoundry is a decentralized application (dApp) factory that provides a high level of interoperability with decentralized finance (DeFi) as well as Web 3.0 ecosystems. It does this through the usage of what is known as the Polkadot multi-chain blockchain network.

The main way PolkaFoundry shines is because it is optimized to deal with real-world issues, specifically ones that relate towards dApp UX, to efficiency demand.

The platform has a public blockchain, alongside several dApp developer support services, such as the identity service known as PolkaID, the document storage service known as DocuGuard, and the Oracle Service dubbed the Decentralized Gate.

The PKF Token Explained

The PKF token has a total supply of 200,000,000 tokens, and it is an Ethereum-based, ERC-20 standard token. The goal of PolkaFoundry is to eventually launch the mainnet, where PKF holders will be able to swap ERC-20 PKF tokens for the native PKF coin at a rate of 1:1 once it goes live.

The token itself is used for the payment of transaction fees, both in terms of computation, storage, and as a staking method where users can earn a share of the block rewards. They can participate in the on-chain governance process through staking, where they can earn rewards for voting on proposals. It will also fill a role when it comes to fulfilling payments for PolkaFoundry and partner services.

Features of PolkaFoundry

PolkaFoundry puts an emphasis on the user experience and provides developers with the tools they require as well as with any resources they might need in order for them to build highly accessible and intuitive dApps.

This is done through mitigating frictions, which come alongside interacting with decentralized applications, such as private keys management. As such, PolkaFoundry offers a wide range of built-in services that make the building as well as launching dApps easy.

First, we have the PolkaID, which is used for the process of securely backing up any private keys, as well as improving user safety. It also allows users to sign up for services in a more intuitive way, just by using their email or mobile phone.

Then you have the DocuGuard, which is an IPFS-based file storage and recovery failure system.

The Decentralized Gate is the oracle-like service specifically used to serve any off-chain data to the smart contracts that operate within the blockchain network.

Additionally, PolkaFoundry also features asset inheritance, which is essentially this tool that makes it easy for users to pass their assets to their inheritors automatically, assuming they become inactive for a fixed period of time.

Founders of PolkaFoundry

Thi Truong is the Founder as well as the CEO of PolkaFoundry. The project was initially being worked on in 2018, and Thi Thoung was a key member within Kyber Network’s core team at the time. The PolkaFoundry team today has over 20 members located in several countries across the globe.

The development roadmap saw the platform being developed on the Tendermint engine before being rebuilt on Substrate.

2. Price


2.1. Market Performance

How does Red Kite's (PKF) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return




Similar Market Cap

60 Day Return




Similar Market Cap

1 Year Return




Similar Market Cap

3. Developer Activity

We're monitoring 80 Red Kite GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Red Kite Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 118

Most Active Repos

Past week 56
Past 12 weeks 303
Past year 2337
Past week 7
Past 12 weeks 211
Past year 1041
Past week 0
Past 12 weeks 21
Past year 209
Past week 0
Past 12 weeks 7
Past year 130
Past week 0
Past 12 weeks 18
Past year 127
Past week 0
Past 12 weeks 10
Past year 115

Top Developers 2024

In total, 444 developers have contributed to Red Kite over the past year. Who are the most active Red Kite developers, by commits, over the past year?

Related Projects

Developers working on Red Kite also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users
Active Discord Users
Telegram Users 51,812
Twitter followers 509,094
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Twitter @polkafoundry

What is the correct contract address for Red Kite?

Ethereum 0x8b39b70e39aa811b69365398e0aace9bee238aeb

Has Red Kite been audited for security?

No security audits found for this project.

Are you the owner of Red Kite? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.