KyberNetwork is a system which allows the exchange and conversion of digital assets, providing payment APIs and a new contract wallet that should allow users to receive payments from any token, and mitigate the risks of price fluctuations in the cryptocurrency world with the derivative trading.
Kyber Network’s mainnet pilot will be released on February 11 of 2018. As it was stated in the Medium blog of Kyber Network, only KGT holders will have access to the platform which will be deployed on the Ethereum mainnet. Later, a few thousands of non-KGT holders will be allowed to join the pilot launch on a request basis.
The platform will be fully opened to the public in April. Users will be able to use Kyber Network’s wallet and trade on the platform. Our exchange will start by listing at least 10 tokens, with more to be added in the near future.
CEO and co-founder, Kyber Network
After the first mainnet launch and adding support for trading between tokens and ETH, Kyber Network has the following plans for 2018: to add support for trading arbitrary token pairs and advanced financial instruments. Moreover, it plans to start supporting cross-chain trading by the beginnig of 2019.