Home » Crypto » What is K21 coin and how does it work?

What is K21 coin and how does it work?

by Financial Economy

K21 Coin is the new protocol of the Kanon project, which uses decentralized finance to reorganize patronage, philanthropy, curation and guardianship. Designed for composability, durability and equity, the K21 Coin is an ERC-20 token developed with a maximum supply of 21 million. Information about some topics that what is K21 coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can check out here for informaiton about Chainge (CHNG) coin.

What is K21 coin and how does it work?

The K21 Token was developed by influential and pioneering contemporary digital and cryptonative artists as a closed-ended art vault that provides liquid exposure to a collection of 21 unique and original NFT artworks. K21 Coin was developed to involve everyone in the project, which was developed under the name Kanon and defined by the developers as the defining current in art and technology.

Despite the lack of a governance token for this purpose, the developers gave its users voting rights to participate in the decision to sell the entire vault to the K21 token. If the entire 21 NFT collection of unique artworks is to be sold, K21 users have the right to veto the proposal with a 21% unanimous vote.

K21 token advantages and disadvantages!

Check out the K21 Token benefits below:

  • It gives NFT developers and K21 Coin users a chance to earn profits.
  • Passive income can be earned from the sale of passive income and collectibles.
  • The token supply, which is limited to 21 million units, has given the coin an inflationary structure.

K21 Coin disadvantages include:

  • The long stagnant trend may have caused the token to be forgotten by investors.
  • Binance is not listed on major cryptocurrency exchanges such as OKEx, KuCoin or FTX.

Which exchange is K21 coin on?

K21 coin is listed on some cryptocurrency exchanges such as Gate.io, Hoo, Uniswap (V2), etc.

How to buy K21 coins?

K21 coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

K21 coin supply!

Total and maximum supply of K21 coin is 21.000.000 K21.

K21 coin price!

As of July 26, 2022, at the time of the writing, 1 K21 coin price is around $0,2259 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

Related Posts

Leave a Comment