What Is Coin ($COIN)?

Coin Defi Coin is a cross-chain peer-to-peer platform that provides users with a decentralizedwallet and a decentralized exchange. The platform is powered by artificial intelligence technology. According to the project’s whitepaper, the Coin project intends to become a premier technology and financial services company that focuses on the next generation of consumers and asset classes in the crypto ecosystem. The project aims to create a decentralized digital network specializing in digital assets. The platform is full of value-added products and services that empower consumers financially and investment plans.

The project seeks to create an open financial system of decentralized solutions that empower customers to execute financial transactions with ease. The project’s objective is to develop products and services that can aid customers in conducting global financial transactions. The project also seeks to assist consumers in saving time and money by creating value for native COIN tokens, networks, and ecosystems.

Sending funds around the globe is a bit difficult regarding validation, exchange rates, and third-party involvement from financial institutions. Such transfers involve financial institutions and several days before the receiver can access the funds, with high fees. The platform was developed to solve the problem of the requirement of the third party and security validations. According to the website, only users can access and manage their funds. The platform takes care of the user’s privacy as it(platform) does not force the user to do KYC and provide data. The platform also employs the use of an integrated AI assistant.

COIN is the native cryptocurrency of the Coin protocol. The holders of the COIN token can execute smart contracts—the token works on the Ethereum blockchain. Users can stake their COIN token to earn incentives on their holdings. COIN token is a governance token, and holders are provided with voting rights to be a part of the future decisions of the platform. The users can provide liquidity to the network via yield farming.

History of Coin ($COIN)

The platform got launched during the fourth quarter of 2020. Whitepaper got released in 2020. The team behind the Coin platform includes Daman Nam (CEO), Byron Levels (CTO), and Lena Shukurova (AI architect). The COIN token has a total supply of 107 million coins.