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About Kokoswap

Trading under KOKO, KokoSwap is a decentralized platform working on the blockchain network where users can trade, earn, play, and win. According to the website, it is a platform that combines both non-fungible token (NFT) trading and blockchain gaming. Thus, it is a one-stop place for users interested in staking cryptocurrencies, trading digital assets, and playing games on the blockchain.

The whitepaper claims that gaming in the crypto environment is a largely untouched area with a lot of potential. It is also found in data studies that there is an intense desire in the business world to develop new methods to use the potential of cryptocurrency. Thus, the platform aims to become a platform where users can trade, understand, and learn about different tokens and cryptocurrencies simultaneously.

KokoSwap is working on offering improved access to a range of services by using decentralized finance (DeFi). The platform is also helping its users by providing stability in token pricing and capitalizing on promising technology. The whole project is built on the Ethereum blockchain. The project has provided the following three dimensions:

The platform’s native token is KOKO. Its ticker name is also defined as KOKO. It is both a utility token and a governance token. KOKO is an ERC20 standard token.

The token can be used for staking, providing extra rewards to the users. The token is also used for purchasing weapons and equipment in the game. Also, while trading NFTs on the platform, a small amount of KOKO is deducted from the user’s fee. Furthermore, the token is used as a governance token, as the holders have the right to participate and vote in the process. They can also determine how profits are spent and the future development and expansion of the game.

News about Kokoswap

Bitcoin Magazine • Feb 22, 24

Marathon Launches Slipstream Tech Stack to Process Non-Standard Bitcoin Transactions

The world’s largest publicly traded miner has released its Slipstream service, allowing participants to directly publish complex and non-standard Bitcoin transactions through its MARA Pool.

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CoinDesk • Feb 22, 24

Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto

The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.

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CoinDesk • Feb 22, 24

Bitcoin Miner Marathon to Start 'Slipstream' to Make Complex BTC Transactions Faster

The new offering will expedite the process of large and non-standard transactions.

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Fetch AI Blog • Feb 22, 24

See the Unseen: How BlockAgent Transforms Blockchain Transparency

Imagine you’re playing a sport where every move is crucial. But there’s a catch — there is no way to see the scoreboard. It would be chaotic: for the players as well as the spectators. The ability to see what’s happening in real-time cannot be understated in sports. It is of utmost importance to ...

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CoinDesk • Feb 22, 24

Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says

Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.

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CoinDesk • Feb 22, 24

Protocol Village: Research Paper Details 'Snarktor' Protocol With 'Recursive Proof Aggregation'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.

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Kokoswap is on the rise this week.

The price of Kokoswap has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Kokoswap’s price has also risen by 100.00% in the past week.

FAQ

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