The NFT landscape is a digital Wild West, a chaotic frontier where fortunes are made and lost with equal speed. Amid the frenzy, creators often find themselves marginalized, their work overshadowed by the glitz and glamour of celebrity endorsements.
Collectors, in turn, are inundated with a sea of digital collectibles, making it difficult to discern true value. In this tumultuous environment, Kendu Chads emerges as a bold contender, promising to redefine the industry’s rules.
Miazaki, the pseudonymous founder of Kendu, saw a chasm between the promise of NFTs and the reality for most participants. They envisioned a platform that would not merely facilitate transactions but foster a thriving community of creators and collectors.
A place where digital art and collectibles could flourish, unbound by the constraints of traditional marketplaces. With Kendu Chads, Miazaki sought to create an ecosystem where everyone benefits.
By sharing a portion of the platform’s revenue with NFT holders, they aimed to align the interests of creators, collectors, and the platform itself. As Miazaki put it, “The NFT market has been pillaged by influencers and celebrities, leaving really no market behind in my eyes.”
Kendu Chads is set to launch as a closed platform to manage the initial release of its NFTs, each minted with 5 million Kendu tokens. The initial closed platform will eventually open up to facilitate any project, offering a new avenue for creators to showcase their work.
Miazaki emphasized, “This will give Kendu holders an opportunity to earn cold hard Ethereum and collectively share 2.5% of fees on the Chads trading volume, then platform-wide once we open listings up publicly.”
Kendu Chads leverages its robust technological framework designed to ensure a secure and transparent user experience. The platform primarily operates using Ethereum, leveraging blockchain technology to provide transparency and security in every transaction.
Miazaki believes in the power of simplicity and execution, stating, “In terms of reinventing the wheel, I am not such a big fan. If it’s not broken, don’t fix it. The real game is execution and marketing.”
Despite this pragmatic approach, Kendu Chads does not shy away from future innovations. The platform aims to balance, bringing a functional product to the market with continuous improvement to enhance user experience and accessibility.
The decision to launch Kendu Chads as a closed platform was strategic, aimed at ensuring a smooth initial release and allowing for adequate marketing and decision-making. This phased approach provides two distinct launch phases, which Miazaki believes will showcase the benefits of patience and strategic planning.
“In my eyes, this essentially gives Kendu Chads two launches and allows us to adequately market and make the right decisions for the platform long-term,” they explained.
Once the initial mint is complete, the platform will transition to trading with Ethereum, setting the stage for broader market participation. This methodical rollout is designed to build momentum and ensure sustainable growth for the platform.
A standout feature of Kendu Chads is its support for the Shiba Inu crypto project. Fees generated by the platform will be used to acquire significant positions in SHIB, contributing to the ecosystem’s growth.
Miazaki outlined this bold goal, noting, “Fees generated on the platform side will be used to take large positions of SHIB. These tokens will be mostly used for stage two of our Kendu adoption and expansion plan, bringing massive eyes to both brands and continuing to bolster $SHIB on a price level.”
This strategic integration is designed to create a win-win scenario, driving the adoption of both Kendu Chads and SHIB, and fostering a symbiotic relationship that benefits the broader crypto community.
While some platforms emphasize community governance, Kendu Chads currently does not have plans for governance tokens. Kendu Miazaki is candid about the reasoning, noting, “There are no plans for governance as of now. All it does is create headaches and add to the time it takes to make changes. There are absolutely zero benefits.”
Instead, the focus remains on delivering value and fostering community engagement through other means. The long-term vision for Kendu Chads is clear: to become a major player in the NFT space with a dedicated team driving its success.
“Ultimately, with the amount of volume and fees that will be earned, the Kendu Chads NFTs are an insane value proposition. Especially as the platform eventually opens up. I think with the Kendu brand, we will be able to eventually get a sizable market share in the NFT world,” Miazaki highlighted.
As the NFT market continues to evolve, platforms like Kendu Chads promise to redefine the landscape. By sharing fees with NFT holders, integrating with the SHIB ecosystem, and maintaining a strategic, phased launch approach, Kendu Chads is set to offer a compelling alternative to existing marketplaces.
With a clear vision and dedicated team, the future looks promising for this innovative platform.
Kendu Miazaki, ever-hopeful of the future, said, “I think with the Kendu brand we will be able to eventually get a sizable market share in the NFT world.” Kendu Chads promises to offer a revolutionary approach—a radical departure from the profit-centric models that dominate the industry.
