Red Kite PKF
1. Summary
Limited data
- 100% of the Red Kite code repositories are forked (originally copied) from another project.
- Price
-
$0.03 +1.5%
- Market Cap
- $3.87M (#2500)
- Supply
- 142.41M / 200.00M
- Description
-
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.
| Price | |
| 52W High price | $0.20 |
| 52W High date | 11th Dec 2023 (1 year ago) |
| All Time High (ATH) Date | 18th Mar 2021 (3 years ago) |
| ATH Price | $2.91 |
| % From ATH | -99.3% |
| All Time Low (ATL) Date | 28th Aug 2024 (3 months ago) |
| ATL Price | $0.003754690000 |
| % From ATL | 440.43% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $4,165.00 |
| Total Supply | 200.00M |
| Max Supply | 200.00M |
| Circulating Supply | 142.41M |
PKF
How does Red Kite's (PKF) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-30.0%
PKF
5.5%
Similar Market Cap
60 Day Return
-30.5%
PKF
0.3%
Similar Market Cap
1 Year Return
-69.4%
PKF
-12.0%
Similar Market Cap
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 6
- Past year: 0 commits vs. an average of 92
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.
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 | 47,524 |
| Twitter followers | 497,751 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://polkafoundry.com/ |
|---|---|
| Explorer | https://etherscan.io/token/0x8b39b70e39aa811b69365... |
| @polkafoundry | |
| Forum | https://forum.polkafoundry.com/ |
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.
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