Are you ready to go bananas? KONG is our upcoming meme token, and the token generation event (TGE) is right around the corner!
KONG isn't just another meme coin — it's a fair launch, a 100% community-owned project running on Solana.
Led by the mighty Kong the Bananator, this token is all about building a kingdom of wealth through the Banana Zone. With the strength of our community at the forefront, KONG aims to lead the pack of meme tokens and ignite the next bull run, so get ready to join the KONG community and embrace your inner ape!
In the following FAQ, we'll peel back the layers of the upcoming launch and answer all questions about the TGE, tokenomics, and how you can be part of the kingdom.
So before you swing into action, here's a quick rundown on what you should know.
1. What chain will KONG be on?
KONG will run on Solana ($SOL).
2. What's the total supply of KONG tokens?
There will be 100,000,000,000 KONG in total.
3. How much of the token supply will be unlocked during the TGE?
The Token Generation Event (TGE) will unlock 100% of the token supply.
4. What are the tokenomics of KONG?
Total Supply: 100,000,000,000 KONG
Token Distribution:
Public Sale: 40%
Liquidity Provisioning: 40%
Treasury and Marketing: 10%
Airdrop Distribution: 10%
5. What is the Market Cap of KONG?
The market cap of KONG will be announced after the public sale concludes. The calculation of the market cap is as follows:
Market Cap = Amount Raised/0.4
Using this formula, we can estimate that if the public sale reaches $5,000,000 in sales, the resulting market cap will be $12,500,000.
6. How will the price of KONG be determined?
Once the market cap is determined, the price of KONG can be calculated as follows:
Price = Market Cap/ Total Supply
As there is a maximum supply of 100,000,000,000 tokens, the calculation will be as follows:
Price = Market Cap/ 100,000,000,000 KONG
Example:
Price = 12,500,000/ 100,000,000,000 = 0.000125
7. When is the public sale?
The exact date is still to be determined (TBD), but we’ll announce it on our official channels. Stay tuned for updates!
8. What is the duration of the public sale?
The duration of the public sale will be announced along with other public sale details. Stay tuned for the official announcement!
9. Where can I find the address for depositing Solana to buy KONG?
The official deposit address will be available exclusively on our website as we approach the launch date. Please ensure you use only the address provided on our website or through our official social media accounts. Stay alert and avoid scams!
10. Are US/Chinese Investors allowed to participate in the Public Sale?
The public sale is not open to US citizens or residents, nor to Chinese investors. Additionally, individuals from sanctioned countries are also prohibited from participating. All transactions will undergo automated Anti-Money-Laundering (AML) checks to ensure a robust and compliant token holder community.
11. When will the token be listed?
After the public sale concludes, the token will be available for trading on both centralized and decentralized exchanges.
12. Will KONG be listed on tier 1 exchanges?
Yes, KONG will be listed on major exchanges. The ApeX team has a successful track record of listing previous projects on prominent exchanges.
13. Will tokens allocated for affiliate marketing and the team be subject to vesting?
There are not tokens allocated for the team members.
As for the tokens allocated for affiliate marketing, they are indeed subject to a vesting schedule. Although KONG tokens will be circulating from the token launch day, the marketing budget designated for promoters and influencers will be released gradually over a predetermined period, ensuring sustained engagement and commitment to the project's long-term success.
14. Will there be any upcoming airdrop?
Yes! We're channeling 10% of the total token supply to an upcoming airdrop. The exact allocation is as follows:
60% to active Staking participants: https://pro.apex.exchange/staking
30% to early adopters of ApeX Omni and the participants of the Omni trading competition: https://omni.apex.exchange
10% to Feed the Kong Frenzy Players: https://www.apex.exchange/kong
15. When will the snapshot be taken for staking?
For our staking participants, the snapshot that will determine your airdrop allocation will be taken 3-4 days before the KONG TGE. If you haven't joined our staking program yet, there's still time to participate and secure your share of the airdrop from 6% of the total supply.
Please note that all snapshots will be taken simultaneously.
Should you need more information on Staking 3.0, head to this helpful blog. For more information on how to get started with Staking, refer to this guide.
16. What is the Feed the Kong Frenzy game and how can I get involved?
Feed the Kong is a free game on ApeX that invites you to feed bananas to baby Kong while securing a share of the KONG airdrop (1% of the total supply)!
The more banana score you accumulate, the bigger the share of the airdrop you'll receive.
Apart from playing the game itself, to help you get ahead, we've introduced the Kong's Social Safari campaign — complete simple social tasks and refer your friends to the game to rack up your banana count and receive a higher proportion of the airdrop. In addition to Safari, checking in daily on ApeX Social also contributes to your banana count; simply tap 'Check-in' to receive extra points. For more detailed information, check out this blog.
17. What's the roadmap for KONG?
Our roadmap for the KONG project is as follows:
Feed the Kong Frenzy: Already live on https://www.apex.exchange/kong
Token Generation Event (TGE)/Public Sale
DEX and CEX listings: Following the TGE, KONG will be listed on major centralized (CEXs) and decentralized exchanges (DEXs).
Airdrop: We will take a snapshot and distribute KONG tokens to all eligible recipients.
Kong x Gaming: We will be partnering with leading gaming platforms to provide additional utility and benefits for KONG token holders.
18. What are the official project links?
Website: https://www.apex.exchange/kong
Twitter: https://x.com/apex_intern, https://x.com/OfficialApeXdex
Telegram: https://t.me/KongXCommunity
Instagram: https://www.instagram.com/officialapexdex
As we gear up for the KONG launch, we're thrilled to provide you with all the essential details to participate in the public sale and secure your place in the airdrop.
Stay up-to-date and join the conversation by visiting our official community and social media channels. If you have any additional questions, we're here to help — reach out to use on any of our official social media and community platforms.
Stay tuned and get ready to enter the Banana Zone with KONG!