Koala Finance Changes Brand to Kyte One By 4:30 p.m. worldw | NFT News

Koala Finance Changes Brand to Kyte One

By 4:30 p.m. worldwide coordinated time on Monday, Sept. 6, The Koala Finance will be renamed Kyte One. The developers state that they wanted to "change the brand to something more useful, future-oriented and consistent with our products and ideology."

Briefly, their reasons for abandoning the cuddly koala bear are as follows:

Animal names have come to be associated with memes-money and cheating.
People didn't appreciate the * .finance domain.
The name "Koala" didn't fit their roadmap.
They wanted to remove "the."
There were other "Koala", "Coala" and similar projects.

Yes, if you were on the list of successful winners of The Koala Finance airdrop, you will still get tokens, only they will be called KTE, not KOALA. The value of a Kyte token compared to a Koala token will be 1:1.