Kava is a DeFi platform that offers collaterized loans and stablecoins built with the Cosmos SDK. It aims to be cross-chain enabled bringing stablecoins to major crypto ecosystems such as BTC, BNB, ATOM and more. KAVA token will act as a governance and staking token to secure the network and vote on key upgrades. USDX token will be issued as a stablecoin backed by crypto asset collateral. Some calls it the MakerDAO on Cosmos. While USDX will be have similar to DAI, the USD stablecoin on Ethereum.
With the increasing popularity of blockchain technology, All Sports public blockchain hopes to fill in the blank of blockchain application in sports industry through blockchain technology, which is a sun-rising industry all over the world. What we want to create is a decentralized, globalized, infiltrated into sports industry chain, shared by both parties and value co-created.