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
Ethereum (ERC20)
LIQUID
21,000,000 LIQUID
Token allocation
Tokens Distributed To Public
Staking system
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
