What Is Coin of Nature (CON)?
Coin of Nature is a community-based project. According to the website, the Coin of Nature is a self-staking token. It is a cryptocurrency as a part of a project that aims to introduce eco-friendly and innovative solutions in blockchain technology. The project’s primary goal is to establish a sustainable blockchain ecosystem ensuring real-world use cases. The project aims to provide various solutions and applications during the execution of the project.
The vision of the project is to develop solutions that are both sustainable and innovative. The solutions prepared by the project are designed to promote sport and a healthy lifestyle. The platform seeks to promote sports and a healthy lifestyle.
The project claims to be the first one to use proof of sports consensus mechanism. In other words, proof of sports is a kind of consensus mechanism where any person can mine the native cryptocurrency by performing a sports activity. Thus, coin mining takes place during sports activities. The users install a sports tracker, play sports, and earn while leading a healthy life. Apart from being sustainable, which also does not have any major impact during mining, the project also claims that it is both environmentally friendly and unique on a global scale.
Also, the project works with artificial intelligence (AI) and machine learning solutions (ML). Coin of Nature focuses on user safety that ensures a high level of protection with the solutions provided by AI. Further, the project seeks to be responsible for the planet. The platform supports nature protection organizations from all over the world.
CON is the native cryptocurrency of the Coin of Nature project. As it is a community-based project, its growth rate depends on the participation of the users. The token also supports token burning. Burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value. Further, five percent of every transaction is distributed among the holders of the CON token.
History of Coin of Nature (CON)
Maciej Grabek is the founder of the project. In July 2021, the project got listed on various decentralization exchanges (DEX). The development of smart contracts was also completed in July 2021. The total supply of CON tokens is 1,000,000,000,000,000.