The crypto industry offers diverse opportunities, allowing users to tap into new investment opportunities. However, the technicalities in navigating the market make it difficult to have a seamless experience.
Klever prides itself on a cohort of products that serve as game changers. It is a blockchain company that offers a suite of products that ease users’ crypto experiences. Headquartered in Switzerland, the platform was founded in 2019 by Dio Ianakiara. With over 100 employees with expertise from diverse backgrounds driving innovation. Klever has over four million downloads across more than 190 countries worldwide.
Unlike most blockchains, Klever takes a unique initiative in building an all-in-one ecosystem that satisfies every user’s crypto needs. This article breaks down these products and how they are used.
- Klever Blockchain
- Klever Wallet
- KleverSafe
- KleverScan
- VoxSwap
- Bitcoin.me
- Devikins
- Conclusion
Klever Blockchain
Klever blockchain, also known as KleverChain, is a layer-1 blockchain network. Initially launched on the Tron blockchain, KleverChain transitioned to its own mainnet in July 2022. It serves as an alternative to Ethereum, Tron, Solana, and other blockchains. On KleverChain, users can propose new fees for the network, making an innovative step in the layer-1 blockchain landscape.
KleverChain uses the proof-of-stake (PoS) consensus model, enabling the network to process fast and inexpensive transactions. The layer-1 network has already recorded 3,000 transactions per second during peak usage. Its consensus algorithm fosters an energy-efficient ecosystem. Validators secure the network, and users must own at least 10 million KLV tokens to run a validator node.
The blockchain network houses all on-chain activities involving Klever’s products. It is also compatible with smart contracts, enabling the onboarding of decentralized applications (dApps), also called KApps.
The L1 blockchain has a functionality called KleverOS SDK, which allows developers to create dApps with minimal programming experience and smart contract expertise. It is compatible with prominent programming languages like JavaScript, Go Lang, and .NET. The blockchain network also makes the onboarding process seamless for developers through the layer-2 scaling solution, KleverChain Virtual Machine (KVM).
KleverChain’s native cryptocurrency is KLV, with a total supply of 10 billion coins. It is a utility token that powers the products within the Klever ecosystem. Before KleverChain’s creation, the cryptocurrency was initially deployed on the Tron network under the TRC-20 token standard.
KLV (KDA) can be staked for additional profits. It is also used to pay transaction fees on the KleverChain. KLV can also be used to buy KFI, Klever Finance’s governance token used to partake in voting processes within the Klever ecosystem. A portion of the transaction fee, paid with KLV coin is burned, removing portions of the supply from circulation to bolster the cryptocurrency’s value and make it a deflationary protocol.
Klever Wallet
Klever Wallet is a multi-chain crypto wallet that connects users with dApps on the Klever network. It is compatible with several blockchain networks like KleverChain, Ethereum, Binance Smart Chain, Polygon, and 25+ others. The wallet supports over 10,000 crypto assets like BTC, ETH, PEPE, SHIB and MATIC.
Klever Wallet is a self-custodial wallet, implying that users do not need to register or undergo a Know Your Customer (KYC) assessment before using the platform. Users create accounts by generating 24 seed words, granting access to the digital wallet. Users must secure these words to avoid permanent loss of funds if their devices are misplaced.
The crypto wallet comes with a Klever browser that allows users to access dApps, facilitate crypto swaps, and offer staking capabilities. Klever also enables users to fund their wallets with Visa and Mastercard payment cards and bank transfers. Users can also use payment providers like MoonPay, Paybis, Mercuryo and Simplex.
In March 2023, the Klever team launched the Klever Wallet K5, the latest version of its wallet service. Touted as the most comprehensive and user-friendly wallet, the K5 upgrade brought additional features to the Klever Wallet. For example, it enabled access to free .klever domains for users through a partnership with Unstoppable Domains. Users create a domain by creating a K5 wallet.
The innovation didn’t stop there. Klever Wallet K5 also revolutionized the travel experience for its users by integrating with Travala, a leading cryptocurrency-friendly travel booking platform. This partnership allowed users to seamlessly book flights, hotels, and other travel experiences directly within the Klever Wallet interface. The added convenience of paying with KLV or any other supported cryptocurrency made exploring the world more accessible than ever before.
The Klever Wallet K5 has a mobile and web interface. The mobile app is available on the Google Play Store, App Gallery and the App Store, and the web version is accessible through the Klever Extension.
What is Klever Wallet Extension?
Klever Wallet Extension simply gives users access to Klever Wallet on Desktop devices via a web browser like Chrome, Brave, or Opera Mini. It allows users to access cryptocurrencies and non-fungible tokens (NFTs) and connect to dApps and DeFi protocols. It is also compatible with multiple blockchains. Users can also create multiple accounts for different purposes.
Here is a step-by-step process to install the Klever Extension on your web browser (Chrome):
Step 1: Open the Klever Extension web page.
Step 2: Click “Download Klever Extension,” as shown in the image below.
Step 3: Click “Add to Chrome” and follow the prompt. The Klever Extension will be downloaded onto your device.
After downloading the Klever Extension, users will be prompted to create a new wallet or import an existing wallet. Here’s what it looks like:
KleverSafe
KleverSafe is a hardware wallet, a physical device that protects users’ crypto assets offline. It aims to offer strong protection to both beginners and enthusiasts. The hardware wallet is developed by the in-house development entity Klever Labs, which allows users to store, buy, exchange, and grow their crypto assets. It supports all the blockchains, coins, and tokens supported by the Klever Wallet, with the fastest performance and highest security standard available on the crypto market.
Just like how physical vaults safeguard valuables, KleverSafe is designed to keep crypto assets secure, shielding users’ private keys offline, and safe from potential online threats. It possesses an IP67 waterproof build, tamper-proof construction, and rigorous Common Criteria EAL5+ that provide unwavering safety for users’ digital assets, offering full defense even in aquatic environments or exposed to solid intrusions like tools, dust, and dirt.
KleverSafe offers other features, including:
- Offline private keys: Aims to reduce the chances of unauthorized access by keeping private keys offline.
- Secure communication channels: To prevent eavesdropping, data manipulation, and unauthorized access.
- Secure firmware updates: Strives to ensure that only authorized firmware can be installed on the device.
- Multichain interoperability: Allows users to manage all their digital assets in one place, including Bitcoin, Ethereum, and other blockchains and cryptocurrencies.
- Secure element: Encompasses a secure authentication solution that prevents counterfeiting and protects private keys.
KleverSafe can be managed using the Klever Wallet app via a secure connection over Bluetooth or USB. It has Bluetooth 5.2 and a USB Type-C connector. According to the platform’s website, a KleverSafe costs $199 and is freely shipped to users across over 190 countries.
KleverScan
KleverScan, or KleverExplorer, is the blockchain browser or explorer for the Klever community. Considered the heartbeat of the Klever Blockchain, it provides users with a complete browsing and search experience, with all the information needed, such as blocks, transactions, accounts, nodes, assets, market cap, prices, transaction history, and many more.
With KleverScan, both traders and regular users can track all needed information, highlighting the blockchain’s transparency and efficiency.
Furthermore, it goes beyond the standard feature of a blockchain explorer by empowering users to create custom tokens, mint unique NFTs, launch token projects, and even cast their vote in the blockchain’s governance. It also offers fast access to transactional insights and enhanced filters, making it a useful tool for interacting with features such as transactions, accounts, assets, blocks, and nodes.
Crypto enthusiasts can also benefit from KleverScan because it tracks activities in the overall crypto market, such as the number of coins in the circulating supply, the market cap, and any other necessary information that will help in making informed financial decisions.
VoxSwap
With Klever technology at its core, VoxSwap is a cryptocurrency-swapping platform built upon the blockchain’s principles of privacy, security, and unparalleled speed. It aims to provide a seamless swap experience across multiple blockchains and extensive wallet support.
It emerged as a beacon of security and anonymity for cryptocurrency users. This swapping platform allows users to trade their coins and tokens without compromising their personal information. Financial privacy is increasingly under threat in the crypto market, and some centralized exchanges require extensive personal information to operate, leaving users vulnerable to data breaches and targeted tracking. Therefore, VoxSwap strives to address this issue by allowing users to swap cryptocurrencies with zero sacrifice to privacy.
VoxSwap can be particularly appealing for those who prioritize a comprehensive set of features, like enhanced slippage control mechanisms and expedited transaction speeds. It distinguishes itself as a desktop-centric platform designed to facilitate advanced cross-swapping capabilities for a wide array of digital assets.
Ideally, this platform is beneficial for individuals engaging in significant volume transactions who seek granular control over every step of the swapping process, ensuring that their specific needs are met with precision and efficiency.
VoxSwap offers flexibility by supporting multiple popular wallets, such as Klever Extension, TronLink, WalletConnect, MetaMask, and Pali Wallet.
There is also a feature called “Swap on the Go,” which allows swaps without connecting a wallet.
Apart from privacy, VoxSwap also boasts a fast and functional interface. The platform supports over 550+ swap pairs, allowing users to enjoy near-instant swaps across multiple blockchains.
The platform further differentiates itself by offering limit order features thereby empowering users with more sophisticated trading strategies.
Furthermore, VoxSwap’s reach extends beyond individual users. The platform has an affiliate program that invites entrepreneurs and platforms to create custom-branded widgets and embed them on their websites or apps. Through their customized widget, affiliates can reap rewards for each swap completed.
With a commitment to improvement, VoxSwap continuously adds swap options, expands liquidity, and grows the platform’s accessible blockchains, intending to reach a global audience.
Bitcoin.me
Bitcoin.me offers users a flexible trading experience. The exchange interface is simple and intuitive, making it easy for anyone to discover NFTs, swap, and trade crypto assets with very low fees and minimum limits—all from one platform.
Devikins
Devikins is a turn-based role-playing game where players collect, breed, and battle with scary but cute in-game characters called Devikins. Each Devikin is represented as an NFT that can be hatched and trained from infancy to adulthood. Each character possesses its own distinct visual and combat attributes, ensuring that no two characters look exactly alike, contributing to the game’s rich diversity and individuality.
These “cute rascals” can also be trained with different weapons to improve their battle expertise. The game’s lore explains that Devikins live in a realm called the Void.
Interestingly, users do not need to hold a Devikin to play the game. However, they must own one of the collectibles to unlock features like breeding and mutation. At the same time, a user can own a Devikins and not use it within the game. Gamers also do not need crypto knowledge to play the game.
Devikins was launched in April 2022 by MoonLabs, a gaming studio affiliated with Klever. In fact, Klever’s co-founder, Dio Ianakiara, began his role as MoonLabs Studios’ CEO in January 2024. The gaming studio was originally led by its co-founder, Sergio Nunes.
Devicoin (DVK) serves as the native cryptocurrency for the Devikins ecosystem. Built on the KleverChain, DVK holds real-world value and can be traded for other cryptocurrencies or converted to fiat currency.
Conclusion
From humble beginnings as a small project within the Tron network, Klever has grown into becoming one of the biggest crypto ecosystems. Through its list of products, the blockchain project offers a wide range of crypto services. This article has highlighted all these products and their utilities.
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