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About Coin98
Key Points:
- Coin98 is a decentralized finance (DeFi) solution for cross-chain swaps, staking, and yield farming.
- The platform consists of Coin98 Wallet, Coin98 Exchange, and Space Gate (cross-chain bridge).
- Coin98 Wallet supports over 40 blockchains and has mobile and Chrome extension versions.
- Coin98 Exchange is a multi-chain liquidity aggregator.
- Space Gate enables swapping and transferring values across multiple networks.
- The C98 token is the native utility token for services fees, staking incentives, governance, and membership rights.
- The roadmap includes a launchpad, lending and borrowing platform, megafarm, derivatives market,
About Coin98: Empowering the Future of Cryptocurrency
Introducing Coin98 (C98): A Comprehensive Overview
Coin98 is a pioneering decentralized finance (DeFi) platform that empowers users to seamlessly navigate cross-chain swaps, staking, and yield farming, unlocking a new era of financial freedom.
Delve into the intricacies of Coin98 by exploring our comprehensive analysis of this innovative project.
Coin98 strives to satiate the unmet needs of the industry, serving as a gateway that seamlessly connects traditional finance (TradFi) users to a diverse array of decentralized finance (DeFi) services across multiple blockchain ecosystems. This mission is accomplished through a comprehensive suite of products, comprising the Coin98 Wallet, Coin98 Exchange, and Space Gate, a pioneering cross-chain bridge.
Coin98 Wallet: Empowering users to seamlessly store, send, receive, and manage their diverse crypto assets, while facilitating connections to a multitude of decentralized applications (dApps) across various blockchains. Notably, it offers support for over 40 prominent blockchains, including Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, Terra, and many more, with compatibility across both mobile platforms (iOS and Android) and Chrome extension versions.
Coin98 Exchange: A pioneering multi-chain liquidity aggregator, seamlessly bridging assets across a diverse range of blockchains, including Ethereum, Binance Smart Chain, Solana, Avalanche, and Polygon, among others.
Space Gate: A pioneering cross-chain bridge that seamlessly facilitates the swapping and transfer of values across disparate networks, fostering unprecedented interoperability.
The C98 token serves as the native utility token of the Coin98 platform, facilitating the payment of service fees, staking incentives, governance, and exclusive membership privileges.
According to the Coin98 roadmap, ambitious plans are underway to develop a comprehensive ecosystem, comprising a launchpad, a lending and borrowing platform, a megafarm, a derivatives market, and an NFT marketplace.
In July 2021, Coin98 emerged as a distinguished Binance Launchpad project, marking a significant milestone in its journey.
The Visionaries Behind Coin98: Meet the Founders
Co-founded by visionary entrepreneurs Thanh Le and Vinh The Nguyen, the platform boasts a rich legacy. Thanh Le, a seasoned entrepreneur and savvy investor, has an impressive portfolio, having backed trailblazing projects such as ThorChain, Band Protocol, and Alpha Finance, among others.
Vinh The Nguyen is the esteemed co-founder of Kytek Software, a pioneering company that specializes in reviewing and building innovative applications. Khiem Dang, a fellow co-founder, assumes the role of Chief Technology Officer (CTO), bringing his expertise to the forefront of the organization.
Unveiling the Unparalleled Excellence of Coin98
The distinguishing feature of Coin98 Wallet lies in its pioneering multi-chain compatible wallet engine, empowering users to seamlessly interact with diverse wallets across various blockchains simultaneously, all secured by a single passphrase, and devoid of cumbersome switching requirements.
What Is the Circulating Supply of Coin98 (C98) Coins?
C98, the native token of the Coin98 network, serves as a utility and governance token. Notably, its circulating supply stands at 185,000,000, which coincides with the total supply. The maximum supply of C98 is capped at 1,000,000,000.
The token allocation is as follows: 21% are dedicated to fostering ecosystem growth, 20% to nurturing community development, 20% to supporting the team, 15% reserved for strategic sales, 12% allocated to the treasury, 5% designated for the seed sale, another 5% for the Binance Launchpad sale, and the remaining 2% assigned to advisors.
For a comprehensive overview of the C98 tokenomics and a detailed release schedule, please refer to this resource.
The Coin98 Network’s Robust Security Framework
The C98 token boasts multi-chain compatibility, seamlessly supported on Ethereum, Binance Smart Chain, and Solana, and is concurrently represented as an ERC-20, BEP-20, and SPL token.
Beyond its in-house team of dedicated developers, Coin98 also engages external auditors to guarantee the security and integrity of its smart contracts and products. Notably, esteemed auditors such as Certik, who reviewed the Coin98 Wallet, and Armor, who scrutinized the C98 smart contracts on both Ethereum (ETH) and Binance Smart Chain (BSC), have been enlisted to ensure the highest standards of security.
Where to Acquire Coin98 (C98): A Comprehensive Guide
Currently, there are no established fiat trading pairs for C98. However, you may consider purchasing Bitcoin (BTC) with fiat currency and subsequently exchanging it for C98 on Binance.
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Explore our comprehensive glossary definition for ERC-20.
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In a comprehensive article, Alexandria delves into the world of Coin98, posing a pivotal question: What is Coin98?