FAQ
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What is Kibo Finance?
What are Kibo NFTs?
How will the minting work?
How do I get whitelisted?
Why is this considered an NFT option?
What will happen to the returned or non-minted token?
How will the option process work?
Will you add some utility to Kibo NFTs?
Which blockchain will host Kibo NFTs?
Kibo Finance is a decentralized option trading platform on the Arbitrum network, offering an innovative protocol architecture, unique tokenomics, and a bridge between NFTs and DeFi.
Kibo NFTs are 500 unique digital art pieces with an embedded option feature, providing collectors with a unique opportunity in the NFT space.
Minting involves a raffle system with a 0.05 ETH entry fee. Winners are selected randomly using Chainlink VRF after 24 hours. Non-winners can withdraw their entry fee.
Follow us on social media to stay updated on our whitelist distribution, partnerships, draws, and contests.
Kibo NFTs have an option feature that allows winners to send back their NFT after 2 weeks for a 0.07 ETH payout, a 40% profit.
Returned and non-minted tokens will be burned to maintain scarcity and value.
After 2 weeks, winners can decide to send back their NFT to the smart contract, which will return a 0.07 ETH payout.
We're exploring various perks for Kibo NFT collectors, such as APY boosts, raffles, and trading fee discounts on the Kibo platform.
Are you going to rug me?
No, our team is committed to transparency, fairness, and delivering value to our users.
Will there be a fair distribution of the NFTs?
Yes, the raffle and Chainlink VRF ensure a fair and random distribution of Kibo NFTs.
Kibo NFTs will be hosted on the Arbitrum network, offering fast and affordable transactions.