[Crypto Currency] Kucoin Shares (KCS) - Kucoin exchange coin

in #english7 years ago (edited)

[Crypto Currency] Kucoin Shares (KCS) - Kucoin exchange coin

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Kucoin Shares is the Crypto Currency issued by the Chinese exchange Kucoin as its name implies.

Kucoin Shares is the marketing method that Kucoin has marketed aggressively in the way that it sells Alt Coins.

The total issuance is 200 million, but if it is planned, Kucoin is purchased and incinerated by schedule, and it aims at making 100 million finally.

It has a form of ERC-20 based on Ethereum and is a token showing that it can accept Ethereum-based Alt Coin well.

There is a lock-up period in KCS.
Founder's 70 million units are in stock for four years from September 2, 2017 to September 2, 2021.
The amount owned by the Team is allowed to move 25% on 3 September 2018 and 2 September 2021.
Angel Inventor will be unlocked from September 2, 2017 to September 2, 2019, and will be unlocked 50% for one year from September 3, 2018.
100 million KCS of general users are free to trade.

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The benefit of KCS is that you will receive 50% of the commission income from KCS as Bonus. This ratio may be revised sometime, but it probably will not change, and you should have KCS in Kucoin.

At 0 am (UTC + 8 o'clock), Kucoin pays a bonus to KCS holders. If KCS reserves exceed the set criteria, Kucoin offers investment consulting and customer service Fast Pass services.

Kucoin is planning to switch from ERC-20 to its own block chain with KCS. Ultimately, we plan to pursue a decentralized type of exchange that is the goal of the block chain, and we plan to build the foundation for it through KCS.

As KCS has the potential to evolve as Kucoin develops and profits rise, I recommend that you make a good investment decision based on Kucoin's moves and marketing.

If you would like to join Kucoin, please go to the link below.
If you have any suggestions, please referral or invited code will be a great help to me.

invited code: Jwdxw8

Kucoin: https://www.kucoin.com/
Referral: https://www.kucoin.com/#/?r=Jwdxw8
Telegram: https://t.me/Kucoin_Exchange
Twitter: https://twitter.com/kucoincom
Medium: https://medium.com/kucoinexchange

I have analyzed based on white paper and published information. Since there is no information that can be verified, it is recommended that individuals conduct further analysis and proceed with their own discretion.
I do not encourage individuals to invest, they share information only for reference.

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Nice information about Kucoin exchange @styner, I think they are also distributing some percentage of all the trading transaction fee, to everyone who hold at least 6 Kucoins minimum.

Thx to read this post, @vsrsatish.
I don't know about that holders need to have minimum 6 kcs.
It is a grate information/

Thank you for the information about KCS https://9blz.com/kucoin-review/