CyberKongz will issue a new token called KONG to replace BANANA, with a total of 2% to be airdropped to the Ethereum NFT community BlockBeats news, on August 20th, according to official sources, Ethereum NFT and gaming project CyberKongz announced the launch of a new token, KONG, as the liquidity layer of its ecosystem, fully replacing the original token BANANA. The token will only be issued on the Ethereum mainnet, with a total of 1 billion tokens, and BANANA can be converted to KONG at a ratio of 1:25 (open at TGE). The airdrop plan is to airdrop 2% of the total token supply to the Ethereum NFT community, details to be announced. CyberKongz stated that KONG will combine DeFi and NFT to launch features such as staking mechanism, reward distribution, and deflation destruction. Future token distribution will be conducted quarterly through Kongz Hub, exclusively for Genesis holders, Baby holders, and KONG stakers.