According to Odaily Planet Daily, the Ethereum NFT and gaming project CyberKongz has announced that it will replace its existing BANANA token with a new one, KONG. KONG will be issued exclusively on the Ethereum mainnet, with a total supply of 1 billion. BANANA will be redeemable for KONG at a 1:25 ratio (available at the TGE). 2% of the supply will be airdropped to the Ethereum NFT community, with details to be announced. CyberKongz will announce the KONG staking, reward distribution, and burn mechanisms simultaneously with the TGE. Tokens will be distributed quarterly through the Kongz Hub to Genesis holders, Baby holders, and KONG stakers.