KuCoin (KCS)
Type | Profit-sharing exchange fees |
---|---|
Total supply | 181.043.076 |
Exchange
Basics
- Founded in:
- Mainnet release:
- Based in:
History
Audits & Exploits
- Bug bounty program can be found [insert here].
- SafeCEX scored it 37% (8-12-2022):
"⌛️ 27 days since Proof of Reserves
🔎 Assets included: BTC ETH USDT USDC KCS
❌ Merkle tree not available or not verifiable online
❌ Merkle tree not open sourced
✅ Wallet addresses made public
❌ Wallet ownership not audited by third-party
✅ Wallet ownership proven publicly by custom message"
Bugs/Exploits
- Had a huge hack of $200M which showed that there are plenty of projects that are centralized. Tether froze $33M, Ocean Protocol froze 21M tokens, and OMNI and TRON were also frozen (28-9-2020).
- KuCoin has managed to retrieve 84% of funds stolen in a September hack (11-11-2020).
Governance
Admin Keys
DAO
Treasury
Token
Launch
Token allocation
Utility
Token Details
- Has what are called KuCoin Shares (KCS)
Stablecoin
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on:
- Programming language used:
Transaction Details
How it works
Fees
Upgrades
Staking
Liquidity Mining
Scaling
Different Implementations
Interoperability
Other Details
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
- According to CoinMarketCap, KuCoin is the fifth largest crypto exchange. It has 18 million users in 207 countries (10-5-2022).
Projects that use or built on it
Competition
Coin Distribution
Pros and Cons
Pros
Cons
Team, Funding, Partners
Team
- Full team can be found [here].
Funding
- KuCoin Ventures has taken part in the $50M raise of VERSE, from Bitcoin.com (5-12-2022).
- From The Block (10-5-2022):
"KuCoin's valuation has hit $10 billion following a $150 million funding round led by Jump Crypto. The raise was its first in four years and was also supported by Circle Ventures, IDG Capital and Matrix Partners, the firm said in a release on Tuesday. In April, its venture capital arm set out its stall with the launch of a $100 million “Creators Fund.” The latest round follows its series A in November 2018, when it raised $20 million at a $100 million valuation."
- Has had investment and possible contributions from NEO Global Capital