kava logo
Kava
KAVA
$0.46

Sector

Defi

Exchange Debut

2019-10-25

Market Cap

500,144,742

Maxim Supply

Circulating Supply

1,082,860,622

Circ. Supply(%)

kava logo

Kava

KAVA

Price

$0.46

Market Cap

Sector

Exchange Debut

500,144,742
2019-10-25

Volume 24h

High 24h

Low 24h

4832743
0.470815630724
0.460785861914

Change 24h

Change 7d

Change 30d

-0.4484
0.8311
-32.7393

Maxim supply

Circulating supply

Circulating supply(%)

1,082,860,622

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Kava – KAVA cryptocurrency:

 

Kava, a Layer-1 blockchain, successfully merges the speed and interoperability of Cosmos with Ethereum’s robust developer environment, scoring 7.38 out of 10 in our fundamental analysis of the Kava – KAVA cryptocurrency. Its unique Cosmos EVM technology underpins an ecosystem geared towards scalability, security, and developer support. The Kava Rise program, with its substantial $750M developer incentive fund, rewards builders based on protocol usage, enhancing its appeal in the blockchain community.

SOCIAL & MASS MEDIA: Score 8 out of 10

Kava excels in social and media presence, evidenced by a strong 8/10 score. Its ability to attract followers on social media is outstanding (10/10), demonstrating high visibility and engagement. However, there are areas for improvement in community activity and social media administration, as reflected in their respective scores of 5/10 and 6/10. The project’s significant presence in media and sizable chat group communities contribute positively to its overall social media health.

AUDIT & SECURITY: Score 5.05 out of 10

In audit and security, Kava shows mixed results with a score of 5.05/10. While transparency and liquidity on exchanges are satisfactory (scores of 7/10 and 8/10 respectively), the results of audits lag behind with a lower score of 4/10. This aspect suggests a need for improved security measures and transparency in audit processes.

TOKENOMICS: Score 8.25 out of 10

Kava’s token economy is robust, earning a score of 8.25/10. The project’s non-inflationary nature and controlled inflation rate earn a perfect 10/10. However, there is a degree of centralization in its monetary mass, reflected in a 7/10 score, indicating room for improvement towards a more decentralized model.

ECOSYSTEM DEVELOPMENT: Score 8.4 out of 10

The ecosystem development of Kava is impressive, scoring 8.4/10. The project consistently achieves its objectives (8.4/10) and shows a commitment to ongoing development and innovation (8.6/10). This proactive approach in evolving its ecosystem is a strong indicator of its potential for growth and sustainability.

TEAM & DEVELOPERS: Score 6.76 out of 10

The team behind Kava scores 6.76/10. While the number of software developers is highly rated (9/10), the overall experience of the team is perceived as moderate (6.2/10). This suggests that while the team is large and capable, there is room for growth in terms of experience and expertise.

PRODUCT & UTILITY: Score 6.52 out of 10

Kava’s product and utility score a modest 6.52/10. The utility of the product is highly regarded (8.2/10), but the utility of tokens within the ecosystem needs enhancement (4/10). This disparity indicates a strong underlying technology with potential for better integration and usage of tokens.

PARTNERS & INVESTORS: Score 7.75 out of 10

In terms of partners and investors, Kava achieves a strong score of 7.75/10. The project boasts significant investor support (9.5/10), underscoring confidence in its potential. However, the quality and number of partnerships score a lower 6/10, suggesting an opportunity to expand and deepen strategic alliances.

Fundamental analysis of the Kava – KAVA cryptocurrency – The final conclusion

Considering the fundamental analysis of the Kava – KAVA cryptocurrency, Kava emerges as a project with substantial promise but also areas needing attention. Its strengths lie in a solid token economy, dynamic ecosystem development, and strong investor backing. Challenges include enhancing team expertise, token utility within its ecosystem, and strengthening audit and security measures. The overall score of 7.38/10 reflects a balanced mix of opportunities and risks. Investors and enthusiasts should weigh these factors, keeping an eye on Kava’s progression in addressing its weaker areas, to gauge its long-term potential in the evolving cryptocurrency landscape.

What is Kava?

Kava is a Layer-1 blockchain, integrating Cosmos’ speed and interoperability with Ethereum’s robust development capabilities. This unique combination facilitates scalable, secure, and efficient blockchain solutions. Kava’s foundation lies in its Cosmos EVM technology, which emphasizes scalability and developer support.

Development and Incentives

The Kava blockchain was meticulously designed for protocol growth, ensuring resource optimization. A standout feature is Kava Rise, a $750M developer incentive fund. This blockchain-based distribution system rewards top protocols monthly based on usage, incentivizing builders on the Kava platform.

Founding and Ecosystem

Kava prioritizes security and decentralization. Its development involves over 100 application protocol teams, supported by a similar number of infrastructure teams. The ecosystem benefits from international foundations, which allocate funding for decentralized networks and systems, enhancing the ecosystem’s health and development.

KAVA Token Circulation and Launch

The KAVA token debuted in 2019, launched via a Binance educational event. Its distribution is now complete, with all vesting KAVA unlocked. The token’s emission through Kava’s proof-of-stake consensus mechanism incentivizes network validators and supports initiatives like Kava Rise.

Network Security

Kava’s security is anchored in its Tendermint-based proof-of-stake (POS) consensus mechanism, part of the Cosmos framework. This setup involves validator nodes that confirm transactions, staking collateral to ensure honest and efficient operations. Top validators earn KAVA rewards, while general holders can stake their tokens on exchanges and wallets like Binance, Kraken, and Trust Wallet.

Smart Contract Audits

The blockchain’s smart contracts have undergone audits by multiple independent firms, including CertiK and Quantstamp, confirming their integrity and security.

Fundamental analysis of the Kava - KAVA cryptocurrency

Kava - KAVA performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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