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What is Kcash（KCASH） ?
Kcash, the crypto currency wallet, realized the transaction and consumption of digital currency in real world, aimed at resolving the inconvenience of managing a variety of crypto currency, multifarious trading process and the problem of insufficient application scenario, Kcash provides powerful infrastructure for crypto currency, which also promotes the application and development of the crypto currency area.
The Use of KCASH Token
Kcash project will release a Token named as KCASH, based on Achain Smart Contract technology, with total amount of 1 billion. The major usage of KCASH will include:
- Development of Kcash main chain: the “Kchain”; any crpyptocurrency transaction that takes place on Kchain will spend certain KCASH charged as Miners Fees.
- KCASH deposited in the contract by the sidechain projects will encourage the mining capability.
- KCASH can be used as transaction fees for C2C services.
- Users, who are holding KCASH, can create Assurance Contract with KCASH and gain Transaction fees.
5% User motivation
10% Development fund
15% Founding team
5% Angel investors
15% Institutional investors
For more details please refer to Kcash Official Website