Kinance (KIN)

Kinance (KIN) is a cryptocurrency that aims to unite the crypto verse under one ecosystem. It combines decentralized finance (DeFi) and non-fungible tokens (NFTs), focusing on perpetual value creation. The Kinance Treasury and its NFTs, known as Anon Kin, work in conjunction with the token and play-to-earn (P2E) game to generate value for the entire ecosystem and its participants.

The Kinance Token is an ERC20 token based on a tax-based model. Taxes collected from buys and sells are used to build a Treasury, reward holders, and fund the prize pool of the P2E game. The NFTs, Anon Kin, provide exclusive access to the game and reward pools. Royalties from secondary-market NFT sales contribute to building the Treasury and the game’s rewards pool. The game is free for all NFT holders and rewards the best-performing gamers each week.

Besides the Token, NFTs, and the Game, the Kinance Treasury draws funding from its profits to bolster the ecosystem and ensure sustainability. As the Token drives speculation, taxation’s value is passed to the Treasury and the Game. The increased worth of the Game enhances the utility and value of the NFTs. Moreover, the NFTs’ increased value and volume direct more funds, via royalties on sales, toward the Treasury, Token Price, and the Game. This creates a Flywheel effect, sucking revenue in from multiple sources and promoting growth and expansion.