NKN 

NKN Price

What is NKN (Blockchain Service)?

NKN operates as a decentralized communication network layered on existing internet infrastructure, enabling participants to share unused bandwidth and receive token rewards while providing a development toolkit for decentralized applications.

Which problem does the network address?

The protocol targets three core internet issues: inefficient bandwidth allocation, privacy gaps, and systemic vulnerability by creating a peer-to-peer connectivity layer that incentivizes resource sharing.

How does the NKN token function within the ecosystem?

The token serves as the incentive mechanism for bandwidth providers and as the utility asset for accessing network services and building decentralized applications on the platform.

What is the maximum supply of NKN?

A hard cap of 1,000,000,000 tokens exists, though the circulating supply is elastic with no fixed maximum - see DropsTab for the live figure.

On which blockchain does the token operate?

NKN exists as an ERC-20 token on Ethereum, verifiable on Etherscan at contract 0x5cf04716ba20127f1e2297addcf4b5035000c9eb.

Where can the asset be traded?

Spot markets include Coinbase (NKN/USD) and Gate (NKN/USDT), while decentralized liquidity resides on Uniswap v3 across NKN/USDT, NKN/WETH, and NKN/USDC pools.

How was the initial token distribution structured?

Three sale rounds allocated 35% of the maximum supply: a seed/private round (25%), a pre-sale (5%), and a public sale (5%) conducted on LEEKICO in April 2018.

Which investors backed the seed round?

Founder Friendly Labs, Arrington Capital, BlockVc, Fenbushi Capital, Node Capital, and NGC Ventures participated in the February 2018 seed/private round that raised $16.52 million.

What was the public sale price per token?

The April 2018 public sale on LEEKICO priced NKN at $0.1262, raising $6.31 million for 50 million tokens representing 5% of the maximum supply.