CyberKongz to Launch New Token KONG to Replace BANANA, 2% of Total Supply to Be Airdropped to Ethereum NFT Community

According to ChainCatcher, official sources report that the Ethereum NFT and gaming project has announced a brand-new token, KONG, which will serve as the liquidity layer for its ecosystem, fully replacing the original BANANA token. The new token will be issued exclusively on the Ethereum mainnet, with a total supply of 1 billion tokens. BANANA can be converted to KONG at a 1:25 ratio (conversion will be available at TGE).

The airdrop plan allocates 2% of the total token supply to be airdropped to the Ethereum NFT community, with further details to be announced.

KONG will integrate DeFi and NFT features, introducing staking mechanisms, reward distribution, and deflationary burn functions. Future token distributions will take place quarterly through Kongz Hub, and will be available only to Genesis holders, Baby holders, and KONG stakers.