C98 - What Is Coin98 Crypto & Coin98 Wallet?


What is Coin98?

This cross-chain aspect of Coin98 Labs’ ecosystem has led its adoption to grow rapidly in Southeast Asia

Coin98 is a protocol delivering an ecosystem of DeFi products that is more accessible to Defi users. Available projects built on the protocol include decentralized exchanges, lending protocols, on-chain governance (via Snapshot), blockchain-based games, and so on.

Especially, Coin98 allows multi-chain activities and performs itself as the most outstanding and convenient protocol – which DeFi users do not necessarily have to have in-depth blockchain knowledge to join.


A Little History of C98 Crypto:

Early 2021 saw the formation of a new partnership between the San Diego-based blockchain platform, Solana, and the Vietnam-based investment firm, Coin98 Ventures. Together, they plan to provide a grant of $100,000 and technical, marketing and community support for Southeast Asian startups via the Solana platform. In total, the development fund will be worth $5 million. Solana’s development fund is among a trend of growing interest from private companies along with increasing government support across the region, now seeing supporting blockchain technology as a practical part of a development strategy. As a result, blockchain in Southeast Asia is increasing.


Coin98 Wallet:

A multi-chain wallet allows users to store, transfer and manage crypto assets on multiple blockchains. It supports more than 20 networks, including Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra, etc., on both Mobile (iOS and android) and Chrome Extension versions.

For the sake of getting to know about Coin98 Wallet, its features, its use-cases, and desirable airdrop events. You can install the latest version of Coin98 Wallet through these links:


About Coin98 Token: 


Token Name: Coin98

Ticker: C98.

Blockchain: Ethereum, BSC, Solana.

Token Standard: ERC20, BEP20, SPL.


Contract:

BEP20: 0xaec945e04baf28b135fa7c640f624f8d90f1c3a6

ERC20: 0xae12c5930881c53715b369cec7606b70d8eb229f

SPL: C98A4nkJXhpVZNAZdHUA95RpTF3T4whtQubL3YobiUX9

Token type: Utility, Governance.

Circulating Supply: 185,000,000 C98.

Total Supply: 185,000,000 C98.

Max Supply: 1,000,000,000 C98


C98 Token Allocation

Ecosystem Growth: 21.00%.

Community Development: 20%.

Team: 20.00%.

Strategic Sale: 15%.

Treasury: 12%.

Seed Sale: 5%.

Binance Launchpad Sale: 5%.

Advisors: 2%


C98 Token Use-Cases:

The C98 token is the native utility token of the platform. The current and planned use-cases of the C98 token include:

Transaction fees: on each transaction users have with Coin98 Exchange, Coin98 will collect a transaction fee.

Product development: C98 revenue from transaction fees will be partially used for future product development and ecosystem growth.

Staking incentives: The other fraction of transaction fees will be allocated to C98 Liquidity Provider.

Governance: Users may stake C98 to gain voting power and participate in the governance process to change product parameters.

Unique membership rights: Users will gain tiered benefits on the platform, enjoy retroactive incentives from Coin98, and have privileges when joining Coin98 products/ services (Coin98 Launchpad, Coin98 Exchange, etc.) or participating in events from strategic partners.


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