Frequently Asked Questions

Is Kavarii Live?

Kavarii development is in progress, and we hope to open it up for selected Beta testers in Q3, 2022. Join our official Telegram channel and follow us on Twitter and be among the first to test it!

What is Video NFT minting and how does it work?

By minting a video into an NFT we are able to provide true ownership to the content creator allowing him to have complete management control of the data itself, which is tied to their unique wallet address. The entire minting process is done using a GUI in a friendly user environment without any need for prior blockchain and NFT tech knowledge.

How does Kavarii manage illegal and abusive content?

The decision to censor a specific video content or not will be taken by the community following the principles of a DAO. A combination of an algorithm that analyzes the ratio between likes, dislikes, and reports will be used to classify content as potentially inappropriate or harmful, and a proposal will be submitted on the DAO for the community to vote if the content should remain or it should be removed

Why did we choose Elrond blockchain to build Kavarii?

We chose Elrond because it shares our beliefs and because of its technology which provides Kavarii with the foundation stones required for a comprehensive implementation of our vision for a decentralized video platform. Low transaction cost, increased security, and availability ensured by Elrond Network is critical to delivering high-quality services and features for Kavarii users.

Will there be any $KVRI presale?

Kavarii development and tokenomics will not be driven by any private investors and there will be no private sale or presale for the KVRI token because we believe in the organic growth of the project and equal chances for all that dare to join us no matter the wallet size.

Is the $KVRI token available for purchase?

No, $KVRI tokens are not officially launched on any trading platform. We inform all users to be cautious in engaging in transactions involving the $KVRI token as they may be subject to scams.The best way to stay informed is to join our official Telegram channel and follow us on Twitter.

How can I obtain $KVRI tokens?

Currently, $KVRI tokens can be earned in several ways:
- By staking $EGLD using our staking as a service agency – Aerovek Staking Agency (ASA) and receive dual rewards in the form of $EGLD and $KVRI.

- Staking your Dope Eagle NFT (coming soon)

- Be active in our Telegram channel and/or Discord groups or by participating in community contests.

What are the functions of the Kavarii ($KVRI) Token?

The Kavarii token is an ESDT which stands for Elrond Standard Digital Token. Due to the native in-protocol support, ESDTs are as fast and as scalable as the native EGLD token itself. Redeemable rewards, custom tipping, and governance capabilities are all possible with the KVRI token.

What is Aero Foundation?

Aero Foundation is a web3 organization that builds disrupting products and services with the mission to give protection, power, and ownership back to the users. The nucleus of the organization is solving problems. Solving problems in Aerospace, solving problems with social networks, solving web2 problems with web2 problems. The same people who brought you Aerovek Aviation, Aerovek Staking Agency, AeroDAO, and Aerovek Aviators Club are the people behind the Kavarii project. We believe in a non-custodial, distributed, and immutable future.

What is Aerovek Staking Agency (ASA)?

ASA is a verified staking provider on the Elrond network running multiple nodes that secure and increase the efficiency of the network while receiving $eGLD rewards. You can participate in this collective action by using the ASA nodes to delegate/stake your $eGLD and receive rewards in return. Staking with ASA brings you dual rewards in the form of $EGLD and $KVRI tokens.

What are Dope Eagles?

Dope eagles are a mashup collection from Aerofoundation and NFT project CryptoPittz. Dope Eagles are the inaugural avatar release tied to the Kavarii ecosystem. Dynamic staking will ultimately provide an interactive experience for the NFT and Kavarii user. Staking farms will be developed to support time and situational maneuvering of NFTs in and out of staking farms to sustain higher reward distribution of tokens.

This is Default State example