What is C98 coin? C98 coin issuance price, total amount and white paper introduction

C98 coin, the native token of the Coin98 ecosystem, plays a crucial role in powering various applications such as the Coin98 Wallet, Exchange, and SpaceGate.

Nov 03, 2024 at 02:49 am

What is C98 Coin?

C98 coin is a cryptocurrency that serves as the native token of the Coin98 ecosystem. It is designed to incentivize users and power various applications within the ecosystem, including the Coin98 Wallet, Coin98 Exchange, and SpaceGate.

C98 Coin Issuance Price and Total Amount

Issuance price: $0.15
Total supply: 1 billion C98

C98 White Paper Introduction

The C98 white paper, released in December 2021, outlines the project's vision, technical architecture, and tokenomics. Here are key highlights:

1. Vision:

To create a decentralized financial ecosystem that empowers users with full control over their assets.

2. Key Features:

Coin98 Wallet: A multi-chain wallet supporting over 1,800 coins and 50 chains.
Coin98 Exchange: A decentralized exchange offering spot, margin, and NFT trading.
SpaceGate: A cross-chain bridge connecting different blockchains.

3. Tokenomics:

Symbol: C98
Type: Utility token
Applications:
- Staking rewards for node operators and liquidity providers
- Governance participation
- Fees for services within the ecosystem
- Access to exclusive features

4. Token Distribution:

Seed: 5% (50 million C98)
Private: 15% (150 million C98)
Public sale: 20% (200 million C98)
Ecosystem: 35% (350 million C98)
Team and advisors: 15% (150 million C98)
Marketing and development: 10% (100 million C98)

5. Use Cases:

Transaction fees
Staking rewards
Governance voting
Access to premium features
Referral bonuses

6. Potential Benefits:

User empowerment: Enables users to manage their assets securely and efficiently.
Ecosystem growth: Incentivizes participation and contributes to the development of the Coin98 ecosystem.
Investment opportunities: Potential for appreciation in value as the ecosystem expands.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

A8

$0.2143

110.26%

Trade Now
APU

$0.0...02109

55.53%

Trade Now
BNX

$1.5302

43.51%

Trade Now
AUCTION

$35.8844

37.47%

Trade Now
ARC

$0.0678

31.84%

Trade Now
DOGINME

$0.0011

24.99%

Trade Now

Latest Crypto News

March 17-23
2025-03-17 02:50:55
HTXMining Has an Innovative Approach to Liquidity Staking and Mining
2025-03-17 02:50:55
The Ongoing Struggle of the Dogecoin Price Has Allowed IntelMarkets to Come Forward
2025-03-17 02:50:55
Dogecoin (DOGE) Price Analysis: DOGE is currently trading at $0.1675, reflecting a 4.04% decline from its previous closing price.
2025-03-17 02:45:56
Solaxy (SOLX) Price Analysis: Is This the Best Crypto Presale to Buy Right Now?
2025-03-17 02:45:56
Stellar (XLM) Price Prediction: This Growing Momentum Could Send the XLM Token 40% Higher
2025-03-17 02:45:56

Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?

Feb 20,2025 at 03:08am

Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?

Feb 19,2025 at 06:00pm

The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?

Feb 19,2025 at 04:37pm

Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?

Feb 20,2025 at 03:12am

Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?

Feb 20,2025 at 02:18pm

Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?

Feb 21,2025 at 01:30am

Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...