ChangeNOW Token

ChangeNOW Token (NOW) is the native digital asset of ChangeNOW, an instant exchange platform. It serves as an internal currency on NOW products, providing users with a means of payment for asset listing fees on ChangeNOW. It also functions as the platform's own stakeable token. The token was introduced with the aim of enhancing interactions within the crypto world, making them as smooth and effortless as possible. ChangeNOW aims to advance cryptocurrency mass adoption and assist the crypto community in working with crypto wherever they want.

ChangeNOW Token operates within the ChangeNOW ecosystem, serving as a means of payment for asset listing fees. It also functions as a stakeable token, allowing users to stake their NOW tokens and potentially receive compensation. The token operates on both the Ethereum and Binance blockchains, with users able to exchange ERC-20 NOW Tokens for Binance Chain NOW Tokens on the ChangeNOW website. This flexibility allows users to choose the blockchain that suits their needs and preferences.

ChangeNOW Token has a variety of potential use cases within the ChangeNOW ecosystem. It can be used as a means of payment for asset listing fees on ChangeNOW, allowing users to list their assets on the platform. Additionally, it serves as a stakeable token, providing users with the opportunity to receive compensation by staking their tokens. The token also plays a role in the platform's decentralized service ecosystem, with the aim of facilitating seamless and secure transactions within the crypto world.

ChangeNOW Token was launched by ChangeNOW, an instant exchange platform, in 2019. It was initially available on a platform and later on another platform. In the same year, 50% of the NOW Token emission was burnt on the Ethereum Blockchain and released on the Binance Mainnet. This allowed users to exchange their ERC-20 NOW Tokens for Binance Chain NOW Tokens on the ChangeNOW website. In 2020, NOW liquidity was added to a platform, further expanding its accessibility and usability. Since its inception, ChangeNOW Token aims to address common challenges in the cryptocurrency industry, such as centralization, security issues, lack of transparency, poor customer service, and usability issues.