KUB Coin KUB

1. Summary

Ranks

Liquidity

97

Developer

-

Social

67

Momentum (beta)

34

Stack Rank™

-

Price

$1.70 -0.9%

Market Cap

$150.99M (#341)

Supply

88.85M / 110.00M

Tags

Smart Contracts

More Metrics

Price
52W High price	$2.66
52W High date	8th Dec 2024 (5 months ago)
All Time High (ATH) Date	28th Dec 2021 (3 years ago)
ATH Price	$17.24
% From ATH	-92.45%
All Time Low (ATL) Date	20th Jul 2021 (3 years ago)
ATL Price	$0.38
% From ATL	240.85%

Supply & Trading Volume
Trading Volume (24h)	$1.17M
Total Supply	110.00M
Max Supply	110.00M
Circulating Supply	88.85M

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Description

Bitkub Coin (KUB) is the native utility coin of the Bitkub Chain, a decentralized blockchain ecosystem designed to provide a transparent, efficient, and cost-effective platform for decentralized applications (dApps) and digital assets. The Bitkub Chain uses a Proof-of-Authority consensus mechanism, which will transition to a Proof-of-Stake-Authorit...

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Bitkub Coin (KUB) is the native utility coin of the Bitkub Chain, a decentralized blockchain ecosystem designed to provide a transparent, efficient, and cost-effective platform for decentralized applications (dApps) and digital assets. The Bitkub Chain uses a Proof-of-Authority consensus mechanism, which will transition to a Proof-of-Stake-Authority system and eventually a Proof-of-Stake system.

Key Features

• Transaction Fees: KUB is used to pay for transaction fees, which are minimal, and as gas fees for utilizing smart contracts.
• High-Speed Confirmation: Transactions are confirmed quickly, ensuring a responsive user experience.
• Tokenomics: The total supply of KUB is capped at 110,000,000. KUB is distributed through several funds, including the Ecosystem Fund, Community Development Fund, BCGH's Reserve Fund, Liquidity Provision Fund, Strategic Partners Fund, and Initial Airdrop Fund.
• Uses: KUB can be used for transaction fees, exchanging fees, and as a means of purchase for goods and services from Bitkub's partners. Additionally, KUB holders can benefit from digital assets and rewards through Bitkub NEXT, a digital wallet application.
• Interoperability: Bitkub Chain supports Ethereum smart contracts, facilitating the development of a wide range of decentralized applications.

Ecosystem

• Bitkub NEXT Wallet: A digital wallet for holding and confirming transactions of digital assets. It integrates with dApps and allows mobile number registration.
• Bitkub NFT: A decentralized platform for NFTs, offering features like Gashapon, redemptions, collectibles, and NFT minting capabilities.
• Bitkub Metaverse: A virtual world integrating blockchain and digital assets, enabling transactions and activities like NFT tourism.

Vision

The primary aim of the Bitkub Chain ecosystem is to democratize access to transparent and complete ownership of digital assets, seeking to "revolutionize people's financial way of life" using blockchain technology and promoting financial inclusion.

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