*概括
*信息
Kineko is a licensed bookmaker that specializes in Sports and Esports betting, as well as Casino gaming. They accept nine different cryptocurrencies, such as Bitcoin, Ethereum, Solana, USDC, and USDT. Additionally, 33.33% of their profits are used to buy back $KNK tokens in the open market every month, creating a deflationary token. This buyback mechanism aims to reward long-term holders of $KNK, as it combines an engaged and growing user base with a decreasing coin supply.
*信息
What is the description of the coin?
Kineko is an online bookmaker with gambling licenses and DeFi integration. The DeFi platform rewards the user for participating in the liquidity provider pools, rewards are then transferable to the bookmaker which offers real rewards for the liquidity providers. The long term vision of this project is to turn the bookmaking side of the protocol full decentralised as the ecosystem grows.
What is the announcement on the new token?
Taking into account that the market may not have been ready for a dApp solution in May 2021, Kineko chose the route of launching and developing a high performance cApp solution.
But now, they have elected to split the project into two different parts – one for the future development of the dApp and one for the continued optimization of the already fully operational cApp.
In order to correctly and fairly allocate resources, Kineko has decided to start a new SPL token to represent the fully functional cApp platform that is currently being used.
This way, investors will be able to choose between investing in the current platform (Kineko) via the new Kineko ($KNK) coin or the future build of the dApp solution via the Kineko Protocol ($KKO) coin.
