Sheesha Finance Spotlight on Kasta
Today Our Spotlight focus is on Kasta.
Kasta brings to DeFi the convenience that banking apps brought to traditional finance. With their one-stop DeFi hub, Kasta provides a place for crypto users to easily send and receive crypto anywhere in the world using simple QR codes or phone numbers.
Kasta is on a mission to steer the world towards worldwide cryptocurrency adoption and a crypto-based economy.
Learn more about Kasta below.
What Makes Kasta so Convenient?
Beyond securely sending and receiving crypto, Kasta will provide users with a way to:
⦁ Earn passive income on their tokens.
⦁ Spend their crypto conveniently with the Kasta debit card.
⦁ Provide an innovative and easy-to-use platform offering many DeFi solutions.
Send Cross-Border Payments Fee Free
Kasta makes sending crypto to friends and family anywhere in the world easy. Allowing users to send and receive crypto instantly and without platform fees.
The tech behind the platform is highly secure to store, transfer and receive crypto seamlessly. By simply using a phone number or scanning a QR code, Kasta makes Crypto accessible to everyone.
The Kasta Debit Card
Crypto debit cards are perfect for anyone who wants to truly “unbank” themselves or who receives their salary in crypto.
Gone are the days when crypto users had to sell their crypto on an exchange then transfer the funds to their bank account. A truly inconvenient task as it can take days for the money to reach bank accounts and many banks no longer allow deposits from exchanges.
Buy Now, Pay Later
This feature is fantastic as it allows for spontaneous purchases to be made on the fly with the ability to strategically choose how to pay later when you have some time to think. This is perfect for those times when a hot sale item from an online store catches your eye.
Passive Income? Yes Please
With Kasta’s Yield feature, users don’t have to let their crypto collect dust. Put those crypto bags to work and earn a solid yield APY. The Kasta system will automatically do the work for you and find the best yield returns for the lowest risk available.
An Easy Swap Engine
Thanks to Kasta’s easy swap engine, people will be able to choose what currency they would like to receive payments in.
Say you want to send Grandma some money for cookies but all you have is Bitcoin and Grandma doesn’t understand what it is. No problem, you can send Grandma some Bitcoin and she can choose to receive Euros. You get to enjoy Grandma’s awesome cookies and she doesn’t need to understand crypto. Win-Win!
An Easy Fiat On & Off Ramps
Kasta supports an easy way to get money on, and off the platform. With bank transfer support and pay-outs which can be directly put back onto non-Kasta debit cards, you never have to worry about your funds being stuck.
The Kasta Token
The Kasta token (KASTA) will be used as a method of payment on the platform. KASTA token holders will enjoy reduced exchange fees, improved yield rates, and benefits such as cashback and limited design debit cards.
KASTA will be a multi-functional utility token that will be highly valuable within the Kasta ecosystem as it will unlock features such as:
⦁ Yield multiplying
⦁ Staking with friends
⦁ Better cashback deals-
⦁ Voting rights
⦁ Better referral rewards
⦁ Fee reductions
⦁ Lower exchange rates
⦁ Reduced interest for the buy now and pay later feature
The Team, Advisors, and Partners
Kasta is made up of an impressive group of individuals with vast experience in crypto, start-up, and traditional industries. The project has partnered with some very notable personalities in the crypto space such as Jordan, “The Martini Guy,” and Ivan from Ivan on Tech.
Co-Founder and CEO — Carl Roegind
Carl has 10 years of start-up experience and was a co-founder of Bitcoinsensus. His expertise lies within digital marketing and conversion rate optimization. He has worked with one of Europe’s biggest online casinos and the second-biggest bank in the Nordics.
Co-Founder and Marketing Advisor — Carl Runefelt
Carl Runefelt is an entrepreneur, speaker, consultant, philanthropist, and multimillionaire cryptocurrency expert. With over 5 years of experience in digital marketing, crypto, and consulting. Carl has over 1 million followers across YouTube, Twitter, and Instagram. He has been featured in Forbes, Entrepreneur, and Time Magazine. He is the founder and CEO of TheMoon and co-founder of Bitcoinsensus.
Co-Founder and CTO — Sebastian Appelberg
Sebastian has several years of experience building distributed systems at some of the largest companies in the world. Before co-founding Kasta, Sebastian was part of the technical leadership group at a market-leading telecom company. Sebastian brings years of technical experience to the team. He has over 7 years of software development experience, 6 years in start-ups, and over two years in the crypto industry.
Co-Founder and CPO — Hans-H Lusmägi
Hans has 10 years of experience working in start-ups and over 8 years working in product design and experience. He founded his first company in high school and, before co-founding Kasta, he consulted for multiple start-ups in the health-tech and robotics industries. Hans has also designed a multibrand platform for one of the biggest e-gaming companies in Sweden.
CMO — Ben Rogers
Ben has made a career out of marketing products online. Starting in digital marketing roles in globally respected companies, he has transitioned into startups and quickly worked into C-level positions. He has a track record of delivering results through data-driven marketing tactics and a people-first approach to his team.
The Kasta team also enjoys the advisory expertise of some high-caliber talent such as Kyle Chasse, a cryptocurrency veteran, and technology entrepreneur. Kyle has founded and advised on numerous early-stage Blockchain projects and has been in Bitcoin since 2012.
Kasta also has Dane Hoy on their advisory board, a six-time crypto industry founder, investor, and adviser with over 6 years of experience in Blockchain.
Jordan “The Martini Guy,” is an experienced crypto trader, venture capitalist, and crypto growth hacker. Jordan has worked alongside many top-tier crypto projects, helping design their tokenomics, increasing adoption and creating awareness. He has also advised on sustainable business ideas to ensure successful long-term growth.
Kasta has partnered up with Moralis, which was co-founded by Ivan from Ivan on Tech. Moralis is a Web3 development platform that builds dApps.
The platform is powered by the Polygon network.
Closing Thoughts on Why We Like Kasta
Kasta is providing real-world solutions for a multi-billion-dollar industry that is on track to continue its growth and adoption. In the United States alone in 2021, payment solution mobile apps for traditional finance had a payment volume of $432 billion.
World Blockchain transactions hit a record number of $1.5 trillion worth of value being transacted.
Crypto holders grew from 100 million users to 221 million within the first 6-months of 2021, an explosive trend that continues on a similar trajectory.
Crypto is expected to grow 56% year on year from 2019 to 2025 and Kasta is aiming to become the “go-to” crypto app for providing services.
We have a lot of confidence in the Kasta team as they are all multi-year veterans in the space, with a lot of experience between them, their partners, and advisors.
There is already a lot of hype behind the platform. Early users are anxious to get involved as the Kasta platform fills a much-needed niche in the crypto market.
As crypto adoption grows, so will the need for crypto services such as the ones being provided by Kasta.
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