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Netkoin Liquid is a utility token designed to enhance and optimise the functionality of the NTK token and Netkoin ecosystem. A two-token (dual token) system is made possible by introducing a secondary utility token; Netkoin Liquid. This token will compliment the NTK token, enhancing and optimising the functionality of the Netkoin ecosystem.

LIQUID Token Details

Token Standard

Ethereum (ERC20)

Token Symbol

LIQUID

Total Supply

21,000,000 LIQUID

Token Decimals

18

Contract Address
Utility

Staking and reduced transaction fees.

Token allocation

30%

Tokens Distributed To Public

50%

Staking system

20%

Team Reserve

Use-cases

The development team have approved and confirmed the first two use-cases for Netkoin Liquid, within Netkoin’s location based advertising mobile application. Additional use-cases are still in review and will be announced once approved by the development team.

Staking

Through Netkoin’s location based advertising mobile application, Netkoin holders will be able to stake their NTK. Based on the amount of NTK a user has staked, they will receive LIQUID as an reward. The documentation including the process and technical aspects of the staking function will be released in the updated whitepaper.

Reduced transaction fees

Based on the amount of LIQUID a user is holding in Netkoin’s location based advertising mobile application the user will have lower transaction fees when claiming the NTK tokens they have collected within Netkoin’s mobile app. The transactions fees are paid with NTK tokens. The more LIQUID a user holds in their wallet the lower the NTK fee will be when claiming their NTK tokens. The documentation including the process and technical aspects of the reduced transaction fees function will be released in the updated whitepaper.

Exchanges

Netkoin Liquid is currently trading on the following exchanges

Bitnami