Article Summary, Automatically Generated By AI
About Kunci Coin
Key Points
- Kunci Coin is a cryptocurrency project based in Indonesia, forked from Solana.
- Aims to build an ecosystem supporting features from metaverse to NFTs and DeFi.
- Launched NFT marketplace KunciNFT, collaborating with top-tier Indonesian artists.
- Plans to expand business across Indonesia, Asia, and globally.
Founders
- Julius Agus Salim, Executive Chairman of Famindo Group, with 13+ years of experience in technology.
- Joko Crypto, a crypto miner with years of experience, operating 22,000+ mining rigs.
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Introducing Kunci Coin: A New Era in Cryptocurrency
Introducing Kunci Coin (KUNCI): A Comprehensive Overview
Kunci Coin is an Indonesian-based cryptocurrency project that originated on the Binance Smart Chain (BSC) and is now expanding to support multiple chains. Currently, KunciCoin is a fork of Solana. The KunciCoin team is dedicated to building a comprehensive ecosystem that seamlessly integrates features from the metaverse, NFTs, and DeFi, thereby creating a multifaceted platform.
Notably, they have successfully launched their own NFT marketplace, KunciNFT, in collaboration with prominent Indonesian artists. They are now poised to expand their partnerships and develop additional features within the platform.
As one of the global leaders in cryptocurrency adoption, Indonesia provides a strategic backdrop for Kunci Coin. By prioritizing “operational reliability,” Kunci Coin seeks to surpass its peers and establish a remarkably swift and economical ecosystem. The roadmap outlines ambitious objectives, including:
- Inaugurating the Kunci Coin mainnet in Q1 2022, marking a significant milestone in our journey.
- Unveiling the Kunci Coin NFT Marketplace in Q2 2022, a platform poised to revolutionize the digital art landscape.
- Introducing the Kunci Exchange in Indonesia in Q2-Q3 2022, a pivotal step in our regional expansion strategy.
- Broadening the mainnet’s presence across the Indonesian market in Q3 2022, further solidifying our foothold in the region.
- Embarking on a pan-Asian expansion in Q1 2023, as we continue to drive growth and adoption.
- Venturing beyond Asia in Q3 2023, as we strive to establish a global footprint.
The Visionary Founders Behind Kunci Coin
Kunci Coin was pioneered by an Indonesian team led by Julius Agus Salim, a visionary and dynamic leader boasting over 13 years of experience in the technology realm. As the Executive Chairman of the esteemed Famindo Group, he has successfully spearheaded teams of over 1,500 employees throughout his illustrious career. His partner, the enigmatic Joko Crypto, brings a wealth of expertise to the table, leveraging years of professional experience as a seasoned crypto miner, currently overseeing an impressive array of more than 22,000 operational mining rigs.
Unveiling the Uniqueness of Kunci Coin
Kunci Coin boasts a multifaceted utility, promising a diverse array of use cases.
For instance, Kunci Coin is poised to introduce support for crypto mining in the future. Although its token is pre-mined and does not operate on a proof-of-work consensus mechanism, the team is exploring ways to integrate cloud mining and reward their holders with incentives from other blockchain networks.
A more pragmatic application of KUNCI lies in the hospitality and service industries in Indonesia. Notably, Kunci Coin has already forged a partnership with J Hotel Tanjung Benoa in the South Kuta District of Indonesia. Furthermore, it plans to venture into hospitality management, offering travelers a range of services payable in KUNCI. Additionally, KunciCoin has formed a partnership with Artotel Group, which will provide access to a diverse portfolio of hotels across various locations once the integration is complete.
Moreover, the project envisions expansion through its kuncigames.com platform,
where players can utilize KUNCI as a seamless in-game currency. KunciGames is
actively seeking collaborations with local developers of MMORPG titles to
further propel its vision.
Furthermore, it sets its sights on Funnesia, a cutting-edge digital home application poised to adopt KUNCI as a payment method in the near future. The partnership roster also includes YUKK Apps, a licensed payment gateway, as well as innovative solar panels that can be purchased using KUNCI, and a pioneering Internet of Things platform slated to integrate the cryptocurrency.
Kunci also pledges to deliver a comprehensive ecosystem, comprising an NFT marketplace, a staking platform, strategic partnerships with innovative VR companies, and a dedicated Kunci exchange.
What Is the Circulating Supply of Kunci Coin (KUNCI)?
KUNCI boasts a total supply of 100 billion tokens, with plans to periodically reduce this amount through a token burn process. The token distribution is as follows:
- A private sale was conducted at $0.0175, accounting for 3% of the initial total supply, although only 0.08% was sold.
- Staking rewards and feature development are allocated 1.92%, offering an attractive 15%-18% APY.
- Marketing activities and partnerships have been allocated 0.5%.
- A further 0.5% is dedicated to feature development.
- The majority, 97%, of the initial supply has been allocated for burning.
Notwithstanding the current scenario where the developer holds a substantial 89% of the total supply in a single wallet, the KunciCoin team assures that they will promptly address this issue once all preparations are in place.
The Kunci Coin Network’s Robust Security Framework: A Comprehensive Overview
KUNCI is a BEP-20 token situated on the BNB Chain. Currently, Kunci Coin is constructed on the BNB Chain, but the team has ambitious plans to transcend its current ecosystem and embark on a cross-chain journey, with a forthcoming launch on Solana already in the pipeline.
The BNB Chain is fortified by the proof-of-stake consensus mechanism, which ensures the integrity of the network. Every 24 hours, a cohort of 21 validators is elected to validate transactions and safeguard the blockchain’s security. To be eligible for this esteemed role, these validators must stake a predetermined amount of BNB coins with Binance.
Acquiring Kunci Coin (KUNCI): A Comprehensive Guide to Exchanges and Marketplaces
KUNCI is proudly listed on a multitude of esteemed cryptocurrency exchanges, including Indodax, PancakeSwap (V2), CoinTiger, MEXC, LBank, BKEX, and XT.COM, among many others.
In reality, they are pursuing an extremely ambitious listing strategy, aiming to partner with a staggering 100 exchanges by year’s end.