Tokenomics
Tokenomics
KOOP360 Token Distribution - GOVERNANCE
On-Chain Community Rewards
Private Placements (20%) + ITO (20%)
Company
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Token Name
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Koop360
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|---|---|
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Ticker
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KOOP
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Token Chain
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BEP-20 I BSC & ERC-20 I Polygon
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Total Supply
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1,000,000,000,000 KOOPs
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BEP-20 I BSC Contract
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ERC-20 I Polygon Contract
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On-Chain
Conversion Policy:
NO ACCESS WITH 100% COMMUNITY GOVERNANCE POLICY through Rewards and Incentives by converting 55% BSC Chain KOOP Tokens into more decentralized, fast, and low fee on-chain 100% ERC-20 POLYGON-POS Chain KOOP tokens. BSC Chain 55% KOOP tokens have been burned / deleted to the following BSC Chain address.
WHY POLYGON CHAIN OVER BSC FOR THE KOOPGAMES?
Polygon and Binance Smart Chain (BSC) are both Layer-2 scaling solutions for Ethereum that offer faster transaction speeds and lower fees than the Ethereum mainnet. But there are some key advantages that Polygon has over BSC.
Decentralization
Polygon is a more decentralized network than BSC. BSC is largely controlled by Binance, the world’s largest cryptocurrency exchange. This gives Binance a lot of power over the network, which could be a concern for some users. Polygon, on the other hand, is more decentralized, with over 100 validators. This makes it less likely that a single entity could control the network.
Security
Polygon is also more secure than BSC. Polygon uses a Proof-of-Stake (PoS) consensus mechanism, which is more energy-efficient and secure than the Proof-of-Work (PoW) consensus mechanism used by BSC
Ecosystem
Polygon has a larger and more active ecosystem than BSC. There are over 7,000 dApps and DeFi projects built on Polygon, compared to just over 3,000 on BSC. This makes it easier to find DApps and DeFi projects to use on Polygon.
Overall, Polygon is a more decentralized, secure, and feature-rich Layer-2 scaling solution for Ethereum than Binance Smart Chain. If you’re looking for a scalable and secure platform to build dApps and DeFi projects on, Polygon is a better choice than BSC.