K.P.N. - Kadena DeFi Weekly Update - November 15th, 2021

Quick Update on Kadena DeFi this week

• We had an AMA with Kaddex on November 12th in our Telegram group

• Wrapped Kadena ($wKDA) Test-Wrap to the Ethereum blockchain today (sometime in the evening UTC time) and the Official-Wrap will release before or by the end of November

• Another NFT collection, along from Babena which was announced weeks ago, called Sphynxxx Cats has announced their NFT collection - release date TBA

• Another launchpad/IDO for Kadena tokens, called BackAlley, will be an un-curated, permissionless launchpad, unlike the curated and permissioned launchpad options such as HyperCent or KDLaunch. BackAlley will be the riskier option if you don't DYOR on the projects on there, but will open up a whole new world to small time developers

• The first memecoin on Kadena, Kishu Ken ($KISHK), announced their token a few days ago, release date TBA