Since the debut of the blockchain technology, transparency and decentralization are the new deal. Most sectors want to tap from the blockchain’s untapped potentials. In 2008 Satoshi Nakamoto invented and introduced the blockchain to the world for it to be used by the public (the world at large) as a transaction ledger for the world’s first cryptocurrency (digital asset) BITCOIN, this invention which is now trending and the most trusted innovation for bitcoin made it the first ever digital currency to solve the problem of double spending without the need of a centralized server or a trusted authority (intermediary).
The bitcoin design birthed other applications and blockchains that are readable by the public and are widely used by other cryptocurrencies. A practical description of the importance of the blockchain technology can never be overemphasized, the legitimacy of any transaction carried out on the blockchain cannot be challenged due to its transparent and secure nature, its authenticity is like no other which helped adopters prefer its usage to the traditional mode of payments and monetary transactions. All transactions whether executed or not is visible to both sender and receiver, for example, timestamp, amount sent and gas fee.
#noku is a state of the art blockchain developing platform invented to provide cryptocurrency project developers with customized tokens on the ethereum blockchain, project developers need not know how to code or create smart contracts before having theirs. Noku envisions to be the one stop shop for all developers either in their initial coin offering phase or before that. #noku specializes in generating tokens, tokens minting, burning of excess supply, designs, tokens customization, and many more.
#noku also have an exchange where users can send, receive, trade, swap and store a vast number of digital assets. The instant swap exchange was designed to accommodate all erc-20 tokens. Users can trade a vast number of cryptocurrencies in just a click, it doesn’t get easier, convenient, seamless or secured than this. #noku team have decades of skills in this business which makes them capable of running all affairs on the platform. Let’s see some unique features on the platform.
In as little as 5 minutes’ tokens can be created using their modernized algorithm and consensus protocols, total supply, circulating supply, tokens for lock-up periods, logo, regulating the burning and minting of tokens can all be done for developers.
This is most profitable because it offers good projects the hope of getting listed in an exchange, it provides the opportunity to allow developers to be able to manage their funding phase.
As mentioned above users can store, transfer and receive tokens to their generated wallets with ease, it is decentralized which means you control your private keys without which your funds cannot be stolen. Market rate conversion mode is also available to reduce the risk of selling below current market rate and losing some cool profits for the day.
The web and mobile application have an easy to use and unique interface that is navigable by users, it was built in such a way that it doesn’t need expertise before it could be used to a maximum level. I’ve come across some websites and applications I didn't enjoy using.
#noku is the native token that will be used to run the entire platform, service fees, listing fees, and all other payments will be done with the use of noku. To preserve its demand and value the team will embark on a periodical token burn phase from the circulating supply. No other will ever be minted, mined or created.
The #nokupay feature will be integrated both in the web and mobile wallets and it will be used to send and receive funds free of any charge whatsoever. This will serve as a payment gateway for anyone using either their mobile phones or laptops.
KYC simply means know your customer while AML is anti-money laundering, these those abbreviations is the major key when doing crowdfunding. Projects owners ought to know who they are receiving contributions from so as not to receiving stolen or illegal funds, it is a serious offense in most countries, #noku will help run these checks to ensure stolen funds are not contributed.
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