FAQ
Whispers from the Community
- What is Koraxon?
Koraxon is a custodial Web3 SuperApp and sub-DAO of Primavera DAO, focused on enabling early-stage blockchain investments, asset management, DeFi services, and real-world crypto utility — all in one place1. Users can invest in startups, trade, stake, lend, and spend their assets through integrated tools2.
- Is Koraxon decentralized?
Koraxon operates under a hybrid model: It is governed by KRXN token holders through decentralized voting3. However, it provides custodial asset management and centralized infrastructure (e.g., fiat payments, crypto card) where required for usability and compliance4.
- What makes Koraxon different from other DeFi platforms?
- Startup Crowdfunding via DAO
- CTF Baskets: curated, tokenized investment portfolios
- All-in-One Financial SuperApp: staking, lending, trading, and payments
- Real-world utility through crypto-backed gift cards and cards
- What is the KRXN token used for?
The KRXN token powers the Koraxon ecosystem10. Its utilities include:- Governance (voting on projects, proposals, fees)
- Access to startup launches and premium baskets
- Fee discounts on platform transactions
- Staking for passive income
- Future loyalty tiers and NFT rewards
- How can I participate in startup investments?
Users can join the Early-Stage Crowdfunding module by:- Verifying their wallet and holding KRXN tokens
- Voting on startup proposals
- Investing directly in tokenized project equity once approved
- Where is my crypto held? Is it safe?
Koraxon is a custodial platform19. Your assets are held in secure smart contracts and wallets managed by the platform, following best practices for risk control and transparency20. All transactions are recorded on-chain and accessible for review21.
- How does staking work?
Users can stake KRXN tokens to earn between 5%–12% annual rewards, depending on the lock duration and membership tier22. Staking pools are launched in Phase 3 (Q4 2025)
- Will Koraxon have a mobile app?
Yes. The mobile and web apps are planned for Phase 2 (Q3 2025), allowing users to access the full platform outside of Telegram
- What is the Koraxon Card?
The Koraxon Card is a crypto payment card that lets users spend any supported asset (e.g., KRXN, USDT, ETH) online or in-store25. It is scheduled for Phase 4 (Q1–Q2 2026) and will be integrated with the in-app wallet
- Is Koraxon available worldwide?
Most services are available globally, but some jurisdictions may face restrictions based on local crypto regulations27. Users must ensure their participation is legally compliant in their region
- How do I stay updated?
Follow us on:- Twitter / X @koraxonist
- Telegram Channel @Koraxonist
- Telegram Community @Koraxonistscommunity
- Instagram @koraxonist
- Website & Blog
- Snapshot (for governance proposals)
- More channels will launch as the platform grows.