PANews reported on August 20th that the NFT project CyberKongz will soon launch a new token, $KONG, with a total supply of 1 billion. It will replace the existing $BANANA token and support a 1:25 redemption ratio. $KONG will serve as a branded liquidity layer, issued exclusively on the Ethereum blockchain, with 2% airdropped to the Ethereum NFT community. The original $BANANA revenue mechanism has been terminated, and future distribution will be conducted through the Kongz Hub to specific holders and stakers.