What is Coin98?

Coin98 (C98) is a decentralized finance (DeFi) solution that strives to provide users with access to a variety of financial services across multiple blockchains. The platform is composed of several products including Coin98 Wallet, Coin98 Exchange, and Space Gate. The Coin98 Wallet aims to store, send, receive, and manage crypto assets, and it seeks to support over 40 blockchains. The Coin98 Exchange is a multi-chain liquidity aggregator that aims to support assets across a variety of blockchains. Space Gate is a cross-chain bridge that aims to facilitate swapping and transferring values across multiple networks. The C98 token is the native utility token of the Coin98 platform and is used for service fees, staking incentives, governance, and unique membership rights.

How does Coin98 work?

Coin98 operates through a suite of products that strive to bridge traditional finance users to DeFi services on multiple blockchains. The Coin98 Wallet aims to allow users to manage their crypto assets and connect to numerous decentralized applications (dApps) on multiple blockchains. The Coin98 Exchange, a multi-chain liquidity aggregator, aims to support assets across a variety of blockchains, enabling users to swap and transfer values across different networks. The Space Gate, a cross-chain bridge, aims to facilitate the swapping and transferring of values across multiple networks. The C98 token, the native utility token of the Coin98 platform, is used for various purposes including paying service fees, staking incentives, governance, and unique membership rights.

What are the potential use cases for Coin98?

Coin98 strives to serve as a gateway for traditional finance users to access DeFi services on multiple blockchains. It aims to provide a platform for users to store, send, receive, and manage their crypto assets. It also aims to allow users to connect to numerous dApps on multiple blockchains. The Coin98 Exchange aims to enable users to swap and transfer values across different networks, providing a seamless experience for users to interact with different blockchains. The C98 token can be used to pay for service fees, as staking incentives, for governance, and for unique membership rights. In the future, Coin98 plans to develop a launchpad, a lending and borrowing platform, a megafarm, a derivatives market, and an NFT marketplace.

What is the history of Coin98?

Coin98 was co-founded by Thanh Le and Vinh The Nguyen. Thanh Le is a serial entrepreneur and an early investor in several blockchain projects, while Vinh The Nguyen is the co-founder of Kytek Software, a company that reviews and builds applications. Coin98 was launched as a project in July 2021. The platform has since developed a suite of products including Coin98 Wallet, Coin98 Exchange, and Space Gate, and has plans to further expand its offerings in the future. The C98 token, the native utility token of the Coin98 platform, has a circulating supply of 185,000,000, which is the same as the total supply, and a maximum supply of 1,000,000,000.