IMPORTANT UPDATE ON KALA IDO CAMPAIGN

KALA Network
2 min readApr 21, 2022

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Due to recent market low volatility, negative sentiment & bear market condition, and in consideration for the long run benefit of all parties/investors/partners involved, KALA Network has made the harsh decision to postpone our IDO/IEO until further notice.

We completely understand that this may lead to frustration for our users who are waiting for the airdrop & anticipating our IDO/IEO.

Nevertheless, it’s simply a delay to the public sale.

This postponement will give us time to conduct and make a figurative outcome for our upcoming product features.

Our founding team & members have been bootstrapping it from day 1 and the KALA developer team will keep on working to deliver what is promised to their users.

THE GOOD NEWS

The KALA Social Alpha Test has been open since April 14th and will end on April 30th.

We proudly announce that over 30,000 users have joined KALA Alpha Testing within the first 3 days of opening.

This is 6 times bigger than what we forecasted by the end of this alpha test (by the end of April).

We believe this is just the start of our journey toward achieving over 1 billion users.

We thank you for your support and appreciate your precious feedback from our community and we look forward to reaching new heights & achievements together with you.

Please stay tuned for further updates on KALA Network, a By Community For Community SocialFi platform.

About KALA Network

KALA Network is a Web3 SocialFi Platform that allows users to earn $KUDO tokens by socializing with their friends and community. Use $KUDO / $KLNW to buy NFT PENCIL / PEN to increase earnings, level up & mint new NFT PEN.

With built-in GameFi elements, users can have their own strategies to use which NFT PEN / PENCIL

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