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Summary of panKUKU
Key Points
- panKUKU (KUKU) is a Decentralized Exchange (DEX) on Binance Smart Chain (BSC) BEP-20.
- KUKU is a Hyper Deflationary Rewards Token with utility as a payment method on KUKU SHOP.
- KUKU products include KUKU SWAP, Farms, Pools, KUKU LOTTO, NFT Marketplace, and KUKU Shop.
- Future products planned for 2022: KUKU Wallet, KUKU Play, Predictions, and a Launchpad.
Founders and Team
- Founded
About PanKUKU
Introducing panKUKU (KUKU): A Comprehensive Overview
PanKUKU (KUKU) is a decentralized exchange (DEX) that aspires to provide a comprehensive one-stop DeFi platform for its users. KUKU is a hyper-deflationary rewards token operating on Binance Smart Chain (BSC) BEP-20. Its most distinctive feature lies in the token’s utility as a payment method on its proprietary e-commerce platform, KUKU SHOP.
KUKU is the native token, serving as the cornerstone of our ecosystem, and is utilized for a multitude of purposes, including: staking, minting NFTs, participating in the lottery, and facilitating seamless payments on KUKU SHOP.
KUKU’s comprehensive suite of products encompasses:
* KUKU SWAP, a cutting-edge Automated Market Maker
* Farms, where users can stake LP tokens to earn KUKU rewards
* Pools, offering high-yield opportunities for staking KUKU
* KUKU LOTTO, a novel Barter Lottery experience
* A vibrant NFT Marketplace, facilitating the minting and listing of unique digital assets
* KUKU Shop, a seamless E-Commerce platform, empowering users to make purchases with cryptocurrency
On the horizon for 2022: an exciting array of forthcoming products, including the KUKU Wallet, KUKU Play, Predictions, and a Launchpad.
The Visionaries Behind panKUKU: Meet the Founders
panKUKU was established in November 2021 by Nigel Hupsel, hailing from Paramaribo, Suriname. As the CEO of panKUKU LLC, headquartered in Wyoming, USA, he oversees a diverse team with its core presence in Paramaribo, Suriname, and satellite teams strategically located in the USA, India, and The Netherlands.
Nigel boasts a diverse entrepreneurial portfolio and a rich background in Business Engineering, Tech Infrastructure, E-Commerce, and Logistics. His academic credentials span majors in Information & Technology and Business Administration. In Suriname, he is renowned as a visionary educator and entrepreneur, pioneering the crypto sphere. The remaining core team members are accomplished business owners, leveraging their expertise and experience to drive successful ventures.
What Sets panKUKU Apart?
Inspired by the esteemed Pancakeswap (CAKE), the team embarked on a mission to craft a decentralized exchange (DEX) on Binance Smart Chain (BSC), designed to offer a diverse array of products that foster perpetual user engagement. Moreover, they pioneered an e-commerce platform, boasting a distinctive utility that enables users to pay with the KUKU token for a vast range of goods from prominent online retailers, including Amazon.com, Bestbuy.com, Walmart.com, and other renowned US online shopping sites, via a “Drop Shipping Service”. Leveraging their expertise and know-how in the realms of blockchain and e-commerce, the team has created a unique opportunity to harmonize logistics, payments, and security across these two disparate worlds.
Notably, the KUKU token boasts several distinctive features, including: * A permanent token cap, with no new tokens to be minted * A dual-pronged Burn System, comprising both automated and manual mechanisms * An innovative Anti-Whale Function * Automated Rewards, which are distributed to token holders
panKUKU’s mission is to establish a perpetual crypto ecosystem, founded on the principles of Trust, Dedication, and Quality. By providing a structured social-economic framework, they aim to introduce a legitimate payment and charity system in Suriname and the surrounding region. Moreover, they are committed to promoting crypto awareness at both government and public levels, offering an educational program that seeks to push the boundaries of cryptocurrencies as a regulated payment method for everyday goods and services.
Why Opt for Binance Smart Chain (BSC): Unlocking Limitless Possibilities
BSC leverages the Proof-of-Staked-Authority (PoSA) mechanism to attain network consensus and ensure the integrity of its blockchain. This hybrid consensus algorithm, as implemented by the network, synergistically combines the benefits of Delegated-Proof-of-Stake (DPoS) and Proof-of-Authority (PoA). Notably, staking models offer a more environmentally sustainable approach and facilitate accelerated block generation.
Among the other notable advantages of BSC are:
The transaction speed of BSC is unparalleled, solidifying its position as one of the fastest smart contract platforms in the industry.
With an average gas fee of merely 5 Gwei per transaction, BSC offers a significantly more cost-effective solution compared to Ethereum’s 40 Gwei.
Moreover, BSC boasts seamless cross-chain compatibility, not only supporting the Ethereum Virtual Machine (EVM) but also facilitating the creation of pegged coins from multiple blockchains, thereby enabling users to utilize a diverse range of tokens within the network.
The decision to fork the Geth Ethereum client has rendered BSC more accessible to Solidity developers, thanks to its EVM compatibility. *The credibility of Binance, one of the most prominent cryptocurrency exchanges, is inherently tied to the BSC, ensuring a secure and reliable platform. Furthermore, the exchange plays a pivotal role in the PoSA consensus, meticulously vetting all validators on the network to guarantee the blockchain’s integrity.
Delve deeper into the world of panKUKU by visiting our comprehensive resource at
https://pankuku.gitbook.io
.