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Coin98 (C98)
Coin98 (C98) - The solution for those users who want to access cross blockchains, staking and the so-called performance farming solution.
Explorador Documentación Técnica
- Coin98 (C98) was created in order to meet the untapped demand in the industry.
- Its creators tried to make it a gateway to TradFI users and anyone else with DeFi applications.
- It currently has several products such as a Wallet, an Exchange and a Space Gate.
Key Metrics Coin98 (C98)
Precio Reciente | $0.15 |
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What is Coin98 (C98)?
Coin98 aims to fill unmet needs in the industry, positioning itself as the nexus that links TradFi users with DeFi services on various blockchains. It accomplishes this task through a comprehensive range of products, such as Coin98 Wallet, Coin98 Exchange and Space Gate (a cross-chain bridge).
Thanh Le and Vinh The Nguyen are the co-founders of the platform. Thanh Le, with a background as a repeat entrepreneur, was an early investor in projects such as ThorChain, Band Protocol and Alpha Finance, among others.
Meanwhile, Vinh The Nguyen not only co-founded Coin98, but is also the brains behind Kytek Software, a firm specializing in application review and development. Khiem Dang, who plays the role of chief technology officer at Coin98, also shares credit for co-founding Kytek Software.
The C98 token is compatible with Ethereum, Binance Smart Chain and Solana, and exists as ERC-20, BEP-20 and SPL.
In addition to the internal dedicated development team, Coin98 also has external audits to ensure that its smart contracts and products are secure. Some of the affiliated auditors are Certik for Coin98 Wallet, Armor for C98 smart contracts (ETH & BSC).
Coin98 (C98): What makes it different and why invest?
It has managed to capture the attention of both individual investors and institutional players in the cryptocurrency arena. Here are some key points about its history and evolution:
- Coin98 Wallet: One of the platform's first and most prominent products was the Coin98 Wallet. This multi-chain wallet was designed to provide a seamless experience for users who want to interact with different blockchains without having to constantly switch between different wallets.
- Service expansion: Over time, Coin98 expanded their suite of products and services. In addition to their wallet, they introduced Coin98 Exchange, which is a decentralized exchange (DEX) platform that offers asset trading on multiple networks.
- Initial Offering on Binance: In 2021, Coin98 conducted an initial token offering (IDO) on the Binance Launchpad platform. This offering proved to be a success and led to increased visibility and adoption of the C98 token in the crypto community.
- Vision: Since its inception, Coin98 has maintained a clear vision of providing tools and solutions to unify the fragmented cryptocurrency ecosystem. This vision has been one of the main driving forces behind its products and services.
- Collaborations and partnerships: Coin98 has established partnerships and collaborations with various projects and platforms in the crypto space to enhance its offering and expand its reach.
The C98 token, belonging to the Coin98 network, acts as a utility or governance token. Its circulating and total supply is 185,000,000, while the maximum limit set for C98 is 1,000,000,000,000.
The distribution of tokens is as follows: 21% is allocated to ecosystem fostering, 20% to community building, another 20% to the working team, 15% to strategic sales, 12% is reserved for treasury, 5% is for initial sales and another 5% for the offering on Binance Launchpad. The remaining 2% is allocated to consultants and advisors.