KOIN SWAP TOKENS

Koin Swap Tokens

 INTRODUCTION

KOINSWAP token or KST token believes that blockchain technology is

one of the foundations for the next generation of information

technology, alongside emerging technologies such as AR, VR, AI, IoT, 5G

and more. With the technology’s immutable and tamper-proof

characteristics, blockchain, as an infrastructural technology, is uniquely

positioned to enable unprecedented value and data transfer among a

wide set of users in a trust-less manner, boosting the efficiency and

authenticity of information transfer itself.

KST vision of lowering the barrier and enabling established business

with blockchain technology to create value and solve real world

economic problems has been clear to us from the very beginning. To

achieve and fully harness this technology that will enable mass public

adoption, we have identified the three major phases of blockchain

evolvement – Technical Consensus, Business Consensus, and

Governance Consensus. These phases will be the foundation and

strategy to enable the KST token blockchain to be adopted as the

world’s premier choice of blockchain.

TECHNICAL CONSENSUS

In this phase, technical developers are the major force to build up the

initial infrastructure protocols based on imaginations and projections.

The competition is about programming language, protocol, algorithm

and technical developer community.

Applications in this early stage of blockchain adoption are coming from

the more obvious use cases that leverage features and functionalities of

the blockchain technology, such as ICOs, DAOs, and betting

applications (or gaming with betting features), along with infrastructure

applications as needed like explorers, wallets, decentralized exchange.

Very few applications for the traditional business world are created in

this phase, much less affecting and improving business use cases and

activities. Blockchain platforms that focus on use cases such as

traceability, anti-counterfeiting, food safety, intellectual property

management, product life-cycle management and all kinds of data

provenance categories are rarely to be seen.

HOW KST SMART CONTRACTS CAN

HELP IN KEY DEFI TRANSACTIONS

Escrow

In traditional finance, an escrow account is one in which funds are kept

locked up until some predetermined event occurs or some set of

conditions have been fulfilled. An example of an escrow-based

application is if KST needs a loan, and her lender Bob provides it on the

condition that she puts another asset aside in an escrow account that

Bob can claim if KST is unable to pay him back (a collateralized loan).

The funds can be released in either of two conditions: 1) KST does not

pay back the loan after an expiration period and Bob can claim KST

asset or 2) KST does pay back the loan prior to the expiration period and

KST can reclaim her asset from the escrow account. The event or

condition that “unlocks” the funds, in traditional finance, is usually

governed by a centralized, trusted intermediary, like a bank, and

therefore is subject to high fees and transfer friction.

On KST, this same concept is implemented using Stateless Smart

Contracts as escrow accounts. With this technology, the same two

conditions required to release the funds are encoded, and thus secured,

by the logic of the contract account itself, eliminating the need for a

centralized authority to determine if a condition has been fulfilled and

then have to moderate the transaction. Claiming funds when

conditions are met through a contract account on KST is then a simple

atomic transfer, taking less than 5 seconds with fees of less than a

penny.

Margin Trading

Powered by KST Smart Contracts , margin trading with digital assets provides

investors with the ability to use borrowed funds from a broker to trade a

financial asset, which forms the collateral for the loan from the broker. KST

have the ability to automatically enforce custom rules and logic, making it

possible to margin trade without working through traditional financial

gatekeepers, cutting the cost of the trade, and improving the potential return

from it.

The end goal in margin trading digital currencies is to get a higher percentage

return in the form of leveraged pay-outs. This gives borrowers the ability to

further leverage their existing cryptocurrency holdings, increasing both the

potential rewards gained and the risk associated with the trade. The more

money that is leveraged, the more collateral that an investor must lock in to

experience the leverage associated with it. For example, making a margin

trade that is leveraged at 2x means that the potential value lost or gained is

doubled. Margin trading allows traders to capitalize more heavily on the

volatile nature of cryptocurrencies, hopefully timing their leveraged

investment with a market upswing. That being said, they can also short a

digital asset using margin trading, enabling investors to capitalize on both up

and downswings of the market.

Alternative Savings

An Alternative savings account serves the same purpose as a traditional

savings account provided by a bank, in that the funds placed into these

accounts are transferred into currency pools to be lent out to willing

borrowers. From this pool, borrowers gain access to the funds and lenders

reap the rewards. These alternative savings accounts are built using smart

contracts, offering a wide range of advantages over traditional savings

accounts. Since the smart contracts self-execute in a trust less manner, there

is no need for an intermediary that would otherwise take a cut out of the

interest earned on lent funds. With DeFi savings, rewards will be distributed to

savings account holders based on the amount of interest accumulated from

the loans. Where typically a traditional savings account will result in KST of

around 1%, some alternative savings accounts can earn KST of over 5%. Finally,

these applications provide access to new investment vehicles for the

unbanked and allow their funds to enter the global financial ecosystem. It also

enables individuals who are not entirely familiar with digital currencies to take

advantage of its benefits by accumulating higher interest rates on deposited

funds rather than invest it with limited knowledge.

Payment Solutions

Payment-based applications have the primary purpose of transferring

funds from one party to another. The KST Mobile Wallet is one example

of a payment-based application. KST provides standard payment

transactions using its native token, the KST as currency. Payment

applications may also be implemented with a different underlying

currency or token, like stable coins, that are represented as KOINSWAP

TOKEN Standard Assets. KST transactions are final in less than five

seconds on average.

Trading assets between two or more parties requires trust that the

other party will hold up their end of the deal. To mitigate this risk, we

often use a trusted intermediary, like a bank, to foster and guarantee

the exchange. This centralized bank often comes with high fees and

slow transfer times, especially for international transfers. On the KST

blockchain, the guaranteed trade of two or more assets is simplified

into a simple technological innovation that does not require the trust of

the other party or a centralized intermediary. It is called an atomic

transfer. Atomic transfers on KOINSWAP TOKEN OR KST are built at

Layer-1 and are simply transactions that have been grouped (up to 16

transactions can belong to a group) and sent to the network together. If

any transaction fails, all will fail. These atomic transfers can be used with

any type of KST transaction, including payments, Asset transfers, smart

contract calls, etc.

Marketplaces

Today’s online marketplaces are dominated by centralized entities, such

as Amazon or eBay, who dictate the terms of trade on the site and take

a commission from all transactions made on their platform.

Decentralized marketplaces, powered by smart contracts, are peer-to-

peer networks where sellers can directly sell their goods to buyers

without the presence of middlemen. Additionally, when control over the

marketplace is centralized, it leaves the marketplace exposed as

hackers can deploy large amounts of computing power to potentially

manipulate the server. Smart contracts give users the power to dictate

the terms of trade between buyers and sellers and protect those terms

of trade from fraudulent activity throughout the trade process.

Smart contracts can be used to create independent decentralized

marketplaces, or improve the current processes we know and use

extensively today. For example, say there is a dispute on an existing

marketplace between a buyer and a seller, the smart contract would

easily be able to resolve the dispute as the assets being transacted are

not released until all the conditions of the agreement created

beforehand are met. Another issue that decentralized exchanges solve

is that of data privacy, as there is not the need for sensitive information

to be shared between the network's users and an intermediary for

verification. This information does not need to be exchanged because

smart contracts, executed correctly, do not allow for fraudulent

behaviour to take place, as the coded conditions of the contract must

be met for a transaction to be finalized. All-in-all, smart contracts power

the decentralized exchanges of the future which offer users open-

access to a global market of goods in a cheaper, more efficient, and

secure way.

KOINSWAP NFT MARKET

While the crypto world is bullish about the latest craze in DeFi, there’s

another sector that’s quickly gaining attraction. We are talking about

the Non-Fungible Token (NFT) industry that has registered nearly $3.5

million in volumes over the last month.

Chances are you might have not heard about NFTs before, or you have a

brief idea. Well, remember Crypto Kitties? The Ethereum-blockchain-

based non-fungible collectible token that clogged up the entire

network during the crypto market bull run of 2017.

Basically, a Non-Fungible Token (NFT) is a blockchain-based

cryptographic token representing a unique asset. NFTs can be

tokenized versions of real-world assets or digital assets. As the name

suggests NFTs are ‘non-fungible’ meaning they’re not mutually

interchangeable.

NFTs are used to create digital ownership for some unique digital items

like crypto art, crypto-gaming, or crypto-collectibles. They also create

the facility of asset interoperability across multiple platforms.

Non-fungible Tokens also called ‘nifty’, are currently making much noise

in the crypto space. There’s some massive amount of funds flowing in

the NFT over the last few months. NFT data aggregator

nonfungible.com shows that there have been 32501 sales over the last

month with nearly $3.5 million in trade volumes. The average USD price

for a single NFT during the same period is $106.95. Since the NFT

economy is seeing a great surge, let’s look at some of the top-

performing NFT tokens over the last month.

TOP 5 PERFORMING NFT TOKENS

1. Crypto Punks

This proof-of-ownership ERC-721 NFT leads the charts as the top-

performing NFT. Inspired by the modern Crypto Art movement, Crypto

punks NFT power digital art and collectibles.

Over the last month, there have been 433 Crypto punks NFT token sales

worth $462,945.38 USD in trade volumes. The average price of the

Crypto punks NFT has been $1,069.16 USD. Just over the last week, the

average price has shot to $2,481.69 USD as the NFT registers $32,261.98

USD in trade volume.

2. Sorare

This fantasy soccer game allows users to trade official blockchain player

cards. with Sorare, users can collect limited-edition digital collectibles,

manage teams, and earn prizes.

Over the last month, Sorare registered 11651 sales with a total of

$751,366.58 USD in trade volume. The average price of Sorare NFT over

the last month has been $64.49 USD.

3. Crypto-Kitties:- One of the most popular NFTs, Crypto Kitties is are

digital collectible cats built atop the Ethereum blockchain. The Crypto

Kitties tokens can be bred to create new cats with different traits and

varying characteristics. The possibilities of breeding are endless. The

Crypto Kitties NFT can be traded using ETH.

Over the last month, Crypto Kitties has registered 4675 sales worth

$146,119.83 USD in trade volume. The average price of Crypto Kitties NFT

for the last month has been $31.26 USD. Among NFTs, Crypto Kitties

holds the crown of having the highest all-time trading volumes of

$37,585,613.05 USD.

4. Crypto voxels

This NFT presents a virtual world on the Ethereum blockchain in order

to build, develop, and sell properties. Your land and your ownership-

record will remain permanently on the blockchain.

Over the last month, Crypto voxels registered 226 sales worth

$128,794.53 USD in trade volume at an average price of $569.89 USD.

5. Gods Unchanged

This is another NFT that lets users select between 6 unique gods with

distinct playstyles. The NFT combines the best of Magic the Gathering

and Hearthstone in a strategic and competitive card game.

Over the last month, Gods Unchanged registered 357 sales worth

$50,316.67 USD at an average price of $194.94

                           

KST OR KOINSWAP USE CASES

Supply Chain

Identity

Stable coins

Fund raising

Securities

Environmental

Gaming

Defi

Financial Institutions

Digital Assets

Financial Institutions

Cross chain swaps

Fixed and dynamic swap

Fiat currency swap

Bitcoin and other coin swap

Anti-scam features

Full kyc integration

Governance model

Permission less listing

White listed pools

KST has a diverse global group of partners representing the technology,

venture capital, cryptocurrency, and financial services communities.

Features of KST DEX

KST token is a permission less DEX built for cross-chain token pools and

auctions, enabling project to raise capital on a decentralized and

interoperable environment based on KST token.

With KST, decentralized projects will be able to raise and exchange

capital cheap and fast. Users will be able to participate in secure and

compliant environment and to use assets that go way beyond the

current ERC20 standard. The future of decentralized. The future is

Interoperable. The future of KST token.

                            

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