What Is Kanadecoin (KNDC)?

KanadeCoin (KNDC) is an ERC-20 based token on the Ethereum blockchain network. The asset was created to solve the challenges of individual manufacturers (developers) of mobile applications, web services, websites, and more. Some of the challenges faced by manufacturers are low commercial backing, funding issues, marketing, trading of products, among others. Thus, the platform creates a community of professional creators and companies to support and assist the manufacturers (Monozukuri) in solving their issues. Manufacturers on the platform get recognition and awareness on how to get a stable income in the long term.

Kanadecoin helps developers in creating smart contract technology for the user community and manufacturers. The main mission of the platform is to build and form a genuine online community to support the users of Kanadecoin. Moreover, the platform provides an opportunity for manufacturers to get new fans by sharing their creativity. Also, the community can share their feedback on the work, offer tips/payments to the creators, and give product advice and consultations.

Some individual creators can do creative works but are unable to do proper marketing as they lack awareness of the community. Kanadecoin seeks to solve the problem by establishing a team of human resources, including a sales team and an advertising agency, to market the creative product for a creator. The project also looks at the issues of freelancers in matters related to tax, legal affairs, clerical works, and more. Thus, Kanadecoin covers all the disruptive aspects that can affect the manufacturing of a creator’s product in the market.

The token name for Kanadecoin is KNDC. Users who promote creative activities are rewarded with KNDC tokens. Creators who release their services with KNDC tokens are also rewarded with the tokens. Users and creators receiving KNDC tokens can pay other creators in the community to build an ecosystem of mutual financial support.

Further, the platform offers a Software Development Kit (SDK) to manufacturers to incorporate KNDC token settlements in their own applications or web services. Developers of the web services can easily incorporate the token in the services, which would benefit the users and manufacturers of the KNDC community.

History of Kanadecoin (KNDC)

The Kandecoin was launched on April 4, 2018. Kyohei Suzuki is the CEO of Kandecoin. In February 2019, the software development kit or SDK was introduced. The total supply of KNDC tokens is ten billion.