The Final Stretch

Kandyland Finance
6 min readDec 20, 2021

Hello Kandylanders! We are happy to announce that we are on the final stretch and are getting ready to launch. Over this past week, we have been working hard to ensure everything is working as smoothly as possible on the back end. This article will detail what has been going on behind the scenes at Kandyland and update you on the launching process. Without further ado, let’s dive into the most important part of the launch: The Development.

Development Update

We are happy to announce that the development of the LBE dAPP has come to an end and we are ready to start raising the necessary funds for the full operation of Kandyland. There are still some minor visual bugs we are addressing with the main dApp, but those should be fixed in the upcoming days as well.

LBE Update

But what does this all mean to you? Well, as you might know, we are accepting 600 WL members to participate in the LBE. However, we have decided to allow for additional reserves in case we will not reach our soft cap of $400,000 which we think is highly unlikely. This also means that you still have a chance to get your KANDY tokens at the LBE price of 5MIM per KANDY.

We have already sent out a form to the whitelisted members, asking them to submit their Avalanche wallet addresses, so we can approve these individuals for the LBE. If you are whitelisted, we ask you to please pay close attention to the whitelist chats in our Discord!

After conducting some additional ping tests, we have found that only about 60% of the whitelisted members have responded. As a consequence, we have decided to reshuffle the members that have not responded to give newcomers an opportunity to enter the whitelist.

If you fail to submit your address in a timely manner, there is a chance that your whitelist spot will be offered to someone else that has been actively engaging with our Kandyland community. There are a lot of people that want to participate and we want to ensure that the selected members actually do end up participating and not just huddling a spot.

As some of you may know, we have strategically partnered with CryptoKidFinance, marketing experts in the crypto industry, to help us push this project forward. Consequently, we have delegated the marketing procedures to their experienced and knowledgeable team.

After consulting with them, we have come to the conclusion to delay the launch time of the actual dApp until after Christmas. The LBE will still be held on the 21st, however, the launch of the dAPP will take place on the 25th-26th instead of 24–48 hours after.

Why was this necessary? Well, we have concluded that prior to Christmas is not an ideal time to launch. You guys want to spend time with your families and celebrate, and you likely have other places to dedicate your funds to than a crypto project. Additionally, we believe that we would benefit from extra community exposure from the newly created marketing strategy that we have begun implementing with the help of additional manpower.

This will also give us the necessary time, to conclude minor tweaks on our rebranded website, create educational material to increase accessibility to our platform, finalize our launching strategies and set up additional AMAs.

The last thing to mention before moving on to the next section is that we will be posting brief tutorial videos, and a medium article that will detail what you need to do to participate in the LBE, and how to acquire your KANDY from your whitelisted purchase.

The Kandyland AMAs

For those of you that have not heard, the Kandyland team has conducted 7 AMAs already with a variety of strong and encouraging communities. The communities were:

We would like to thank everyone that tuned in to listen to us and our future plans for the project. We always appreciate your feedback! We’ve had excellent discussions detailing our inner workings and we hope that we managed to clarify as many questions as possible to our community. So if you haven’t watched the AMAs, watch them now!

We heavily believe in the importance of AMAs and transparency at Kandyland and will be hosting more AMAs with well-known communities. So, if you have any questions you would like to ask us, stay tuned for future AMA announcements.

Additional Security Measures

The Kandyland team has been working extremely hard to ensure that the security of our investor’s future funds is top-notch. This is also why the launch is being slightly delayed. There are two components that we have implemented to ensure the safety of the Kandyland Community.

First and foremost, we are happy to announce that we have implemented the Gnosis multi-sig to Kandyland. It took us some time to find trusted individuals to put on the multi-sig but we finally managed.

We are happy to announce that the 2 additional members joining the Kandyland Gnosis multi-sig are:

What does this multi-sig mean for you as an investor? Well, it means that if a single wallet of the five people is compromised, it will not affect the entire platform. Hence, more security for you!

The second security measure that is currently being implemented is a pre-launch audit. Yes, we have finally submitted our code to be fully audited prior to launch! This means that the code will be checked for any potential bugs or exploits prior to launch. We are happy to call ourselves one of the few DAOs that have gotten fully audited and KYC’d before the launch of the actual platform.

Lastly, we are planning to lock the liquidity tokens from the initial provided liquidity after the LBE. This means that we will be unable to just pull the liquidity from TraderJoe out if we choose to.

To conclude this section, we just want to highlight the fact that the safety of our investors is our top priority. Hence, here are the summarized security measures that Kandyland has implemented:

  • KYC’d founder
  • 3/5 Gnosis multi-signature
  • Locked initial liquidity
  • Pre-launch code audit

Kandyland Rebranding

You should be excited about this one! As some of you may have noticed, we have started our rebranding process for Kandyland. New graphics, new website, new logo, you name it!

We believe in the longevity of the project and hence want to create a brand that looks professional and fits the overall Kandyland theme. And we are currently on an excellent track to do so.

We would like to offer a special thanks to Ashwinm89 for doing an excellent job at designing our new graphics and our site.

Buckle in and watch us adopt a totally new personality for Kandyland!

Conclusion

In the upcoming days, Kandyland will finally launch! We hope you Kandylanders are excited for what is to come. We strongly believe that with the help of our new team members, we will be able to push this project to new, unheard-of highs.

The most important takeaway from this article is that the launch of the dAPP itself will occur after Christmas, while the LBE will still take place as scheduled.

Stay tuned for more updates, and join us on our Kandyland journey. We are excited for what’s to come and hope that you will be here with us when the platform launches.

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Kandyland Finance

Kandy is a decentralized reserve currency built on the AVAX network.