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Press release

$KOBAN token released for public trade on 14 May

Fragbite Group

Fragbite Group AB’s (publ) subsidiary Wagmi will be making the $KOBAN token available for public trade on 14 May 17.00 CEST which is also the Token Generation Event, i.e. when all $KOBAN tokens are minted. $KOBAN will be listed on the Kraken exchange.

The $KOBAN token will be formally issued by Wagmi on 14 May, also known as the Token Generation Event (TGE). On TGE all $KOBAN will be minted, a small amount is released for purchase, tokens earned beforehand by community members are released in part, and the rest are distributed via vesting schedules as outlined in the Tokenomics document (LINK). From 14 May and onwards $KOBAN will be available for public trade and as payment in the Lucky Kat games.

The TGE is taking place on the Kraken exchange. In conjunction with the release, Lucky Kat is carrying out a marketing campaign together with Kraken which involves an airdrop of $KOBAN tokens to owners of Kumo NFTs.

As of yesterday, $KOBAN has been officially listed on CoinGecko (LINK). CoinGecko is a global leading independent cryptocurrency data aggregator that is utilised as a resource for traders and investors.

For questions, please contact:


Erika Mattsson, Chief Communications Officer
em@fragbitegroup.com
Phone: +46 8 520 277 82

Redeye AB is the Company’s Certified Adviser.

About us


Fragbite Group (publ) is a Swedish corporate group with a portfolio of established subsidiaries that develop, adapt and publish games and esports content within GAMING, ESPORTS and WEB3. Our products are developed for both traditional platforms – PC, mobile and console – and modern platforms built on blockchain technology. The Group is headquartered in Stockholm and listed on Nasdaq First North Growth Market.

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$KOBAN token released for public trade on 14 May

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