Kineko Announces Migration to Solana Following $41 Million In Volume Turnover

Kineko is a high-throughput prediction market and sports betting protocol that offers real-time settlement. It has now officially moved to Solana. It has seen significant momentum ever since it was founded on Ethereum and remains a pioneer in the cryptocurrency betting industry. Kineko currently has an annual turnover of over $41 million. To evaluate both financial and logistical aspects of the Ethereum network’s ability to scale, the team took a moment to reflect on the effectiveness.

The transition to Solana could solve high gas prices, lengthy transaction times and other problems. Transacts in the Solana network run orders of magnitude quicker and are cheaper. This makes it more cost-efficient for liquidity providers and bettors as well. You can expect faster payouts and settlements as well as deposits to your betting account.

After the migration is complete, the Kineko token may be bought on Raydium for between 200-300% APR or, alternatively, users can place sports wagers at $KKO, which gives them a 2% discount. It seems that people now understand the importance of a low cost, high-throughput chain. Add to that a fantastic UI/UX experience, and the product will scale.

Kineko Casino has opened and offers a lot of fun adventures, such as sports betting markets, poker games, slots, blackjack tables, roulette, or slot machines. You can play our games 24/7 with more than 500 options.

See the current odds on the Premier League, La Liga and Serie A. Also, check out the Ligue 1 NFL, NBA, Horse Racing. DOTA 2, King of Glory. LOL, LOL, NHL, NBA, Horse Racing. Get the most exciting CryptoCasino action around by signing up now.

Stay up to date with all of the up-and-coming announcements by following Kineko’s website, Discord, and Twitter profiles.


Get more Crypto News at CFX Magazine