KOR Protocol Establishes Foundation and Launches KOR Token

KOR Protocol has established a foundation and will launch the KOR token. The KOR Foundation will support ecological development, fund developers building on KOR, promote long-term decentralization of the protocol, and govern KOR on behalf of network participants. The foundation will soon announce the complete details of KOR, including token economics. KOR Protocol completed a $7.5 million Series A funding round in July this year, led by 1kx and Blockchain Capital.

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