The Kasta project for user-friendly crypto payments
The Kasta project for user-friendly crypto payments
Crypto

The Kasta project for user-friendly crypto payments

By Martina Canzani - 13 Jan 2022

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Kasta is a crypto payment platform that aims to redefine digital payments by enabling instant and borderless cryptographic peer-to-peer (P2P) transactions

Crypto payments with Kasta

The platform aims to drive and facilitate mass adoption by enabling all those with zero cryptographic knowledge to store, transfer and receive cryptocurrencies easily and as securely as possible.

Sending money will in fact be extremely user friendly, simply entering the sender’s number or scanning their QR code.

The project also plans to launch its own debit card that will allow users to spend their funds anywhere.

Users will also be offered a yield farming programme for passive income and will be given the option to choose which currency they prefer to receive payments in. For example, the sender can decide to send BTC and the receiver can decide to receive the same amount of money in EUR.

The Kasta token

The project also has its own token – $KASTA, an ERC20 token born on the Polygon network and offering a wide range of applications and advantages within the Kasta ecosystem.

Its utilities can be summarized as follows:

  • Personalized debit cards
  • Participation in shared staking pools
  • Increased cashback incentives 
  • Voting rights for future Kasta cashback brands
  • Better rewards for referrals

Tweet clash

Over the past month, the project has been the subject of much discussion on Twitter.

The first is led by the well-known influencer – The Moon Carl – who supports the project, while the second, led by the equally well-known analyst Michael Van de Poppe, is dedicated to discrediting the promises and the work of the Kasta team.

 

The genesis of this clash dates back to last 4 December when, after an interview on Fox Business, The Moon told his 943,000 followers that Kasta would be the real boom of 2022.

Van de Poppe wrote, under the same post, “No, it will not”.

Kasta project

 

But the real twist occurred only in the early days of 2022 when Van De Poppe returned to talk about the project on his personal profile, this time increasing the dose. 

The analyst in fact wrote:

“With all the respect of the world, but everything on my timeline involved with $KASTA can **** off”.

Kasta project

Obviously, it is not possible to know how the project will develop in the future, as there is still a lot of important data missing to form an objective opinion. 

What is certain for now is that the vast majority of the tokens are in three wallets, that there are no listings on major exchanges, and that in all likelihood the tweet war will continue to rage in the crypto sphere.

 

Martina Canzani

Graduated in Law at the University of Milan. After completing her academic studies, she became interested in the world of blockchain, finding it a powerful tool for redemption. Her passion then turned into a job, and now she invests in early-stage projects in decentralised finance and DAO and writes articles on all the news concerning the crypto world.

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