Outside Source
Kontos Protocol announces tokenomics revealed with an emphasis on investor engagement and ecosystem.
The much-anticipated tokenomics for Kontos Protocol’s native token, KOS, have been revealed. 139.4 million tokens, or 13.937% of the total supply of 1 billion KOS, are released at the Token Generation Event (TGE).
A balanced and sustainable model for the project’s future is ensured by the token distribution, which places an emphasis on ecosystem growth, involvement in the community, and investment strategies.
With its zero-knowledge-based layer-2 account protocol, Kontos offers asset-less operations, gasless transactions, and no private keys, all of which is an effort to make the use of blockchain easier. It also lowers entry barriers for developers and consumers in the Web3 environment by enabling a single account for numerous blockchains.
The tokenomics of the Kontos Protocol are intended to encourage the adoption of its cutting-edge blockchain infrastructure and sustain long-term growth. The layer-2 blockchain wants to build a sustainable ecosystem that meets the demands of investors and users alike by concentrating on important areas including project development, community incentives, and liquidity. With these calculated investments, Kontos is well-positioned to solidify its place in the quickly changing Web3 market.
This article first appeared at crypto.news
