@kava
In 2018, Brian Kerr, Ruairi O'Donnell, and Scott Stewart, who serves as CEO, founded the Kava project and Kava Labs. The giant blockchain platform Ripple Labs also joined the creation, adding weight and innovation to the project.
Already in October 2018, Kava made a brilliant debut, raising $1.5 million in the first round of investment from titans such as Arrington XRP Capital, Lemniscap, Digital Asset Capital Management, and Hard Yaka. Six months later, in March 2019, the project raised another $5 million thanks to the support of Ripple Labs and Huobi Capital. That same year, Kava conducted a token sale on Binance, adding another $3 million to the treasury.
Kava is not just lending; it's a true financial cosmos! In addition to loans and crediting, the platform allows token exchanges, asset transfers between networks, and earning interest based on liquidity and asset type. Kava is dynamics, innovations, and opportunities for everyone!
