KrossCoin [KSS] THE FIRST CHURCH CENTRIC COIN on Waves Blockchain



  • THE KROSSCOIN VISION

    $KSS

    Krosscoin is the first Church centric /Charity organization cryptocurrency in the blockchain universe. It is an asset/token that makes use of the distinct features provided by the Waves blockchain.

    We plan to become a dual or even tri blockchain asset/token in the near future.

    The Krosscoin development is limitless and the $KSS token will be implemented into multiple use cases.

    Krosscoin is a non - ICO asset/token

    Team Members : Fosky7 - James - Jakob - Robbe - Patricia - Nadine - Chris

    5 Main Reasons to be part of Krosscoin community

    1. The first Church centric cryptocurrency
    2. Liquidity in both decentralized and centralized (soon) exchange
    3. Innovative collaborative, messaging, media and gifting products in the works
    4. 1 billion capped total supply, non re-issuable
    5. A token with a focus on promoting positive changes...globally


    Functions

    As an asset/token $KSS will serve the following functions

    - $KSS will be the primary asset/token of Ribbon and all future products. [ Ribbon is an
    ultra multilingual messaging / social network enabled gifting mobile application that aims
    to provide easy cross-language text messaging at the tap. Ribbon leverages on Google
    Translate API. It’s social network activated gifting function will also utilize Google Map
    API in its functionalities.

    - $KSS will be distributed to Waves wallets at a rate of 500 $KSS per wallet. ( This
    distribution may be more or less depending on availability.)

    - Another function of $KSS will be to provide new projects and their corresponding token
    (or core token), known from here on out as $XYZ, with an immediate exchange rate and
    price floor. This will be achieved through negotiations with the yet-to-be released
    projects and tokens, and will result in an $KSS/$XYZ pairing. This allows both parties to
    have control of a portion of the other’s supply as immediate collateral. Then, through
    matching services, an $KSS/$XYZ pairing will appear on the Waves DEX at a
    reasonable, consistent price. This will facilitate early trading volume, easy buy access,
    and will establish a price ratio for $XYZ token calculable by referencing the current
    $KSS/$WAVES rate.

    Liquidity & Value Creation

    -With the support of the WAVES community, churches / charity organization partnerships/inductions and coming blockchain communities (Ethereum mainly), $KSS holders will have ample transaction opportunities in these environments even though a chance of currency appreciation exists as more innovative products use the $KSS as primary token. $KSS users will experience the satisfaction of knowing that their transactions are facilitating goodwill, goodness and fostering healthy developments across the globe.

    A combination of utilizing Ribbon (and coming innovative products), automatic airdrops coupled
    with the ability to trade newly created tokens in an $KSS/$XYZ pairing will facilitate liquidity and
    confer real value to the $KSS asset.

    Distribution Breakdown:

    40% of the $KSS supply will be distributed, free of charge to its recipients, during multiple
    intermittent airdrops to $WCT holders, $WAVES holders, and $KSS holders respectively.

    25% of the $KSS supply will be used to purchase new tokens and assets at a bulk rate. This
    will create early price floors for these newly announced projects and their corresponding tokens.
    After this exchange is made, an $KSS/$XYZ trading pair will appear on the DEX, and market
    making for the new token will occur, denominated in $KSS. This will be particularly helpful for
    assets that have difficulty being listed on centralized exchanges, or are of non-ICO / community
    origin to establish a valuation and some liquidity.

    10% of the $KSS supply will be transferred to the Ethereum blockchain to make it easier for
    Ethereum user to access the $KSS token. These tokens will also be integrated into Ethereumbased
    $KSS token contract applications.

    5% of the $KSS supply will be reserved as a slush fund for rewarding contributors to the
    project, a potential reserve of trading pair collateral, an additional airdrop, etcetera.


    10% of the $KSS supply will be reserved for the management of Vinekross, Corp and for
    developer assistance.

    The Benefits of Dual Issuance: Krosscoin will soon exist on two blockchains at once by
    utilizing Incent’s Blockswap technology. Through this capability, $KSS will be able to take
    advantage of the unique properties offered by each blockchain (Waves and Ethereum). $KSS
    on the Waves blockchain will be better able to perform its role as a trading pair token on the
    platform’s easy to use DEX. Additionally, transference of the $KSS token will be easier as the
    Waves blockchain has quick block times (1 minute.) $KSS when issued on the Ethereum
    blockchain will have access to smart contract technology that, is as of yet, not present on
    Waves Platform. This opens up many possibilities for future implementations and potential use



    Trading:

    Krosscoin is currently traded at the Waves Decentralized Exchange.

    Links:

    Website:http://www.krosscoin.io/

    Blog:https://medium.com/@krosscoin_...

    White Paper:http://www.krosscoin.io/wp-con...

    Twitter:https://twitter.com/krosscoin

    Reddit:https://www.reddit.com/r/kross...

    Slack:https://wavesplatform.slack.co...

    Bitcointalk:https://bitcointalk.org/index....



  • KrossCoin [KSS] The Benefits of Dual Issuance

    Krosscoin will soon exist on two blockchains at once by utilizing Incent’s Blockswap technology. Through this capability, $KSS will be able to take advantage of the unique properties offered by each blockchain (Waves and Ethereum). $KSS on the Waves blockchain will be better able to perform its role as a trading pair token on the platform’s easy to use DEX. Additionally, transference of the $KSS token will be easier as the Waves blockchain has quick block times (1 minute.) $KSS when issued on the Ethereum blockchain will have access to smart contract technology that, is as of yet, not present on Waves Platform. This opens up many possibilities for future implementations and potential use cases for $KSS, some of which have already begun development.



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