What Is Community Token (COM)?

Community Token (COM) is a cryptocurrency project developed using principles of decentralized approach on the blockchain technology. This community-oriented token runs and is maintained by the community of developers and users involved in the project. The platform has open-source features and fair distribution. Also, the Community Token has no ICO but twenty airdrops for the community. An ICO means an initial coin offering that is equivalent to an initial public offering (IPO). The company that is seeking to raise finance to create a new application or service can start an ICO as a way to raise funds.

The 50 percent token is allocated to airdrop, 5 percent is allocated to bounty, 5 percent to marketing, and 25 percent to community development. Here are the few written features of the Community Token.

Fair Distribution- The community token provides fair and transparent distribution.

Mineable Token- The user can increase the token amount by following the PoS method.

Fast Transaction- The platform renders unique methods to make transactions fast and efficient.

Safe Transaction- The Ethereum blockchain, along with the community token, aims to provide a safe and secure transaction.

Privacy- The platforms assure to keep the privacy intact.

The symbol for the community token is COM. The ERC-20 token can be held for a minimum of three days and a maximum of ninety days. The number of tokens multiplied by how long the coin has been held is called coinage.

History of Community Token (COM)-

The community token was created in the second quarter of 2018. In the fourth quarter of 2018, the marketing and sponsorship of key cryptocurrency influencers occurred. The exchange listing happened in 2019, and development started according to the community decisions. The total supply of the Community token is limited to 10,000,000,000 COM.