KEEP3R Network (KP3R) is a job matching network where job posters can find “Keepers” to do tasks for them.
But how does it work and will KP3R’s price reach $500?
What is Keep3r Network?
KP3R is the governance token behind the Keep3r Network – a decentralized job listing platform built on Ethereum.
Keep3r Network was founded to match organisations with technical professionals known as ‘Keepers’.
A Keeper is a person or bot who carries out an autonomous task.
Examples of jobs often listed on the Keep3r Network are flash liquidation, providing Uniquote price feeds and collecting harvests.
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These are all simple manual tasks but can be tedious as they need to be done regularly.
For example, collecting harvests from yield farming is usually done daily.
When a Keeper completes a job they receive KP3R tokens as rewards.
In the Keep3r Network, anyone can post a job for someone to do.
Keepers can set up their own DevOps, infrastructure and create their own rules to complete the job.
This process is all done on-chain, which means everyone can confirm a particular task has been done.
The Keep3r ecosystem expanded to include Keep3r Eden, a system of rules which enables the transparent ordering of transactions along with Fixed Forex, a market aimed at providing an alternative to dollar-denominated stablecoins and an options liquidity mining platform.
The Keep3r ecosystem was first announced on October 22, 2020.
It launched on the Ethereum mainnet in beta mode on October 28, 2020.
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Who founded KP3R?
Most of the price momentum that saw KP3R explode in 2021 can be attributed to Andre Cronje, the founder of Keep3r Network.
Cronje is a prominent figure in the decentralized finance (DeFi) space and also founded yield farming aggregator Yearn Finance.
How many Keep3rV1 (KP3R) coins are there in circulation?
Keep3rV1 doesn’t have a predetermined token supply, and the project didn’t do an initial coin offering or token generation event.
KP3R is minted when liquidity is provided to the platform through Uniswap.
Keep3rV1 had $5.5 million worth of liquidity when the project first launched.
Within the first day, Keep3rV1’s liquidity had already reached $9.8 million, with $384,197 in fees.
Keep3r Network’s treasury is maintained by bonded Keepers, who are responsible for governance.
Every non-KP3R transaction on the platform is charged a fee of 0.3 per cent, which is distributed to the treasury.
Keepers who complete jobs are rewarded with KP3R, which can then be staked to participate in governance or receive dividends.
How to buy KP3R token
You can purchase KP3R Token on decentralized exchanges such as SushiSwap and Kraken.
KP3R price prediction 2022, 2024, 2024 and 2025
How the value of KP3R will change moving forward is impossible to know for certain.
But PricePrediction.net, an algorithmic forecasting platform, predict the cryptocurrency will increase in 2022 to $133.41. DigitalCoinPrice, another algorithmic forecasting platform mirrors this projection with a price of $145.37 by the end of 2022.
In 2023, KP3R could reach $190.12 according to PricePrediction.net, while Coin Codex predicts Keep3r will reach $137.52 if it follows the same growth as the internet.
DigitalCoinPrice predicts a price of $169.91 by the end of 2023, but Cryptocurrency Price Prediction, an independent platform which shares rough price prediction based on historical data, believe the price of Keep3r could reach as high as $358.67.
Moving into 2024, PricePrediction.net predict a strong increase of more than 30 per cent to $273.57, DigitalCoinPrice were more cautious with its prediction at $162.92, while WalletInvestor, another algorithmic forecasting platform, predicts exponential growth to $603.21.
In 2025, WalletInvestor believes KP3R could reach $804.29, while PricePrediction.net’s prediction comes in at $389.83. DigitalCoinPrice predicts less growth at $199.13.