KOIN to Fiat Converter
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What is Koinos (KOIN)?
Koinos is an open-source blockchain project designed for developers, offering a robust smart contract platform where users maintain ownership of the network. Developed by Koinos Group, a US-based company, the project was first conceptualized in 2020 and officially launched on November 5, 2022.
### Key Features
- No Transaction Fees â Unlike traditional blockchains, Koinos allows users to access network resources without paying fees. Instead of spending cryptocurrency, $KOIN holders temporarily lock their tokens, which gradually unlock over time. This system, known as mana, enhances usability by mimicking a video game-like experience.
- Proof-of-Burn (PoB) Consensus â Koinos improves decentralization through its PoB mechanism, which differs from conventional Proof-of-Work or Proof-of-Stake models.
- Web3 Accessibility â The network prioritizes a seamless user experience, aiming to bridge the gap between Web2 and Web3 applications.
For more details, visit the official Koinos website or explore the documentation on mana and Proof-of-Burn.
Koinos has garnered interest among Web3 enthusiasts for its innovative approach to blockchain usability and decentralized application development.
What makes Koinos unique?
How many $KOIN are in circulation?
How is the Koinos network secured?
Where can you buy Koinos ($KOIN)?
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Koinos Price Live Data
Koinos (KOIN) is a developing project showing potential in its niche within the blockchain space. The current market valuation places Koinos at $0.03 per token, reflecting a 16.59% whopping increase in value during the past 24-hour trading period. This price movement indicates growing market activity within the KOIN ecosystem. Investor engagement with Koinos remains lower, with $9,241.318 in trading volume recorded across various trading platforms over the last 24 hours. This level of liquidity highlights KOIN's declining interest and utility within the broader cryptocurrency landscape For comprehensive details regarding Koinos's development roadmap, technical specifications, and community initiatives, interested parties are encouraged to visit the project's official resource hub at https://koinos.io.
