NKN (NewKindofNetwork) is a novel, open, and decentralized network infrastructure and ecosystem powered by blockchain technology, built and shared by communities. NKN uses economic incentives to motivate internet users to share surplus network bandwidth, assist equipment service providers in effectively distributing network resources, encouraging individuals and enterprises to deploy more nodes and join the network to provide data transfer service for other nodes, thus winning economic returns.
NKN aims to develop new network transfer opportunities with blockchain technology, to solve existing network problems like resource distribution, transfer efficiency, and value delivery. Following Ethereum blockchainized computing power, and Filecoin/IPFS blockchainized storage capacity, NKN becomes a public chain infrastructure which blockchainizes network transfer resources, another IT core element. Its technical innovation lies in dynamic routing, network relay proof, highly scalable consensus mechanism and resource sharing incentive.
NKN token, a native token in NKN ecosystem economy, is used to motivate network resources sharing and effective usage of surplus network bandwidth.
Full same in English: New Kind of Network
Token symbol: NKN
Investor/Institution: 42 Fund, Arrington XRP Capital, BKFUND, BlockVC, Genesis, DFG Capital, BTC12, Genblock Capital, Node Capital, Kosmos Capital, LianSun Capital, NGC(NEO Global Capital), OKEx, Strategic Round Capital, Tenzor Capital, Torque Ventures, Wanbi Capital, 08 Capital, WolfEdge Capital, and Moonchain Capital
Issue date: May 28, 2018
Total supply: 1,000,000,000
Circulating Supply: 700,000,000
White paper: https://www.nkn.org/doc/NKN_Whitepaper.pdf
Blockchain explorer: https://cn.etherscan.com/token/0x5cf04716ba20127f1e2297addcf4b5035000c9eb
Disclaimer: this introduction derives from the white paper and other official information released by the official project team so that investors can better understand the token and the corresponding project. The content of this paper is obtained through legal channels to ensure the reliability, accuracy and completeness of the information as far as possible, but the accuracy and completeness of the information mentioned in the report are not completely guaranteed. The content of this paper cannot be used as the basis for investment research decisions, moral, responsibility and legal basis or evidence, whether explicitly or implicitly.