Kryll

The Kryll (KRL) cryptocurrency was launched on July 2, 2018, by a team based in France. Kryll.io is a "zero dev skill" automated strategies building platform that allows users to create and run crypto trading strategies on the cloud using a drag-and-drop editor. The platform also features a marketplace where users can share and purchase strategies created by the community.

The KRL token is the native utility token of the Kryll ecosystem, designed to facilitate access to the platform's suite of advanced crypto trading and analysis tools. It is an ERC-20 token with a total and maximum supply capped at 49,417,348, reflecting a commitment to a low and limited supply strategy. The token has undergone multiple audits to ensure its security and integrity.

KRL is listed on several prominent centralized exchanges (CEXs) including Coinbase, Kucoin, Bybit, and Crypto.com, offering broad accessibility. Additionally, KRL is available in Uniswap's v2 and v3 liquidity pools, supporting decentralized trading activities. The token's utility includes purchasing additional credits for platform services, accessing premium features, and participating in buy-back programs funded by subscription fees.

Kryll aims to decentralize governance and infrastructure through its DAO (Decentralized Autonomous Organization), with plans to integrate Decentralized Physical Infrastructure Networks (DePIN) by 2026. This vision includes expanding partnerships and leveraging DAO mechanisms to empower the community, steering the platform towards a more decentralized and user-governed future.

Overall, Kryll's history is marked by its innovative approach to automated trading strategies and its commitment to community engagement and decentralization.

Kryll (KRL) is a cryptocurrency project that offers a unique platform designed to simplify digital currency trading and help users make profits with ease. Here's how it works:

Kryll provides a user-friendly software that allows users to create custom trading strategies without requiring any coding knowledge. This is made possible through its Drag 'n Drop editor, which makes it easy for anyone to set up and launch their strategies. The platform runs 24/7 using cloud computing, ensuring that users' processing power is not utilized and they can freely turn off their computers while the platform works for them.

1. Free Backtests: Users can test their strategies without any costs or constraints, allowing them to refine their approaches before launching them.

2. Cloud Computing: The platform operates continuously, leveraging cloud computing to manage trading strategies without relying on users' processing power.

3. Drag 'n Drop Editor: This feature simplifies the process of creating trading strategies, making it accessible to users without coding knowledge.

4. Automated Trading: Kryll's automated strategies and trading bots execute trades with precision, eliminating human error and emotional decision-making.

Kryll offers several tools and services to enhance the user experience:

1. SmartFolio: Tracks and optimizes users' entire Web3 portfolios across multiple blockchains, providing real-time insights and personalized financial guidance.

2. X-Ray: Analyzes on-chain metrics, social media trends, fundamental news, and technical indicators to provide clear and actionable advice on Web3 investments.

3. Gem Detector: Identifies emerging tokens with high growth potential by analyzing on-chain data, social media buzz, and chart patterns.

4. Harpoon: Tracks top traders' strategies and transactions, providing deep market insights and strategic guidance.

The $KRL token is used to pay platform fees, access "Holding" levels, and contribute to the project. Although designing strategies and swapping cryptocurrencies is free, launching strategies and trading via the terminal requires $KRL tokens.

Kryll emphasizes user security by implementing a two-factor authentication system, which is strongly recommended for all users.

To launch a trading bot, users need to choose a bot from the Kryll Marketplace, select the exchange and pair to trade on, define the amount to allocate to the strategy, and start the bot. A minimum amount of $200 is required to ensure proper functioning.

Overall, Kryll (KRL) offers a comprehensive platform for users to create and manage their trading strategies, leveraging advanced AI tools and cloud computing to simplify the process and minimize errors.

The Kryll (KRL) token has several strengths that contribute to its value and utility within the Kryll.io ecosystem:

1. Community Engagement and Governance: KRL token holders have the ability to participate in community votes, which determine the direction of future feature developments and allocate funds for marketing operations or liquidity deployment. This ensures that the community's voice is heard and valued in the strategic decision-making process.

2. Multi-Chain Functionality: Kryll is working towards transitioning the KRL token to a multi-chain framework, enhancing its accessibility and utility across diverse blockchain ecosystems. This includes collaboration with Coinbase’s BASE chain and Arbitrum, which will broaden the token’s liquidity and market presence.

3. Utility and Functionality: The KRL token serves as a key to unlock advanced features within the Kryll.io platform, including the use of a conversational agent. It also generates credits for users, enhancing the platform’s utility and user experience.

4. Free Backtesting: Kryll grants users free backtesting of their strategies, allowing them to refine their trading approaches without incurring costs. This feature is particularly useful for users who want to test their strategies before launching them.

5. Cloud Computing and Automation: The platform runs 24/7 using cloud computing, which means users do not need to use their own processing power. This, combined with the drag-and-drop feature, makes creating and running automated trading strategies simple and user-friendly.

6. Market Presence and Availability: KRL is listed on several major centralized exchanges (CEX) and decentralized exchanges (DEX), including Coinbase, KuCoin, LATOKEN, Gate.io, Bybit, Crypto.com, Uniswap v2, and v3, ensuring its availability to a wide range of users.

These strengths collectively contribute to the value and utility of the KRL token, making it an attractive option for users and investors within the cryptocurrency market.

Kryll (KRL) faces several financial risks associated with investing in cryptocurrencies. These risks include:

• Volatility Risk: KRL's value can fluctuate significantly due to market conditions, leading to potential losses for investors.
• Liquidity Risk: The ability to quickly buy or sell KRL without significantly affecting its price is uncertain, which can impact investors' ability to exit their positions.
• Short History Risk: KRL has a relatively short trading history, making it difficult to predict its long-term performance.
• Demand Risk: The demand for KRL can be unpredictable, affecting its value.
• Forking Risk: Changes to the underlying blockchain technology can lead to forks, which can impact KRL's value and functionality.
• Code Defects: Errors or vulnerabilities in the code can compromise the security and integrity of the KRL network.
• Regulatory Risk: Changes in regulatory environments can negatively impact the use and value of KRL.
• Electronic Trading Risk: Technical issues or failures in trading systems can disrupt the buying and selling of KRL.
• Cybersecurity Risk: Hacks or other security breaches can compromise the security of KRL and its users' assets.

Additionally, Kryll faces significant competition from centralized trading platforms and DeFi protocols, which can impact the adoption and success of KRL.

• Luca Benevolo: Chief Executive Officer, leading the vision to revolutionize financial trading.
• Philippe Longère: Chief Technical Officer, responsible for the technical direction of the platform.
• Core Team: Composed of veteran developers and Internet professionals with backgrounds in software development, trading, and blockchain technology.
• Advisors: Include economists, business developers, and other experts who provide strategic guidance to the project.