What is NKN?
NKN stands for New Kind of Network that willing to build Blockchain infrastructure for facilitate network sharing for decentralized internet. NKN Protocol has new king of peer-to-peer network connectivity that empowered by novel public blockchain. however, main aim of project will be creating better infrastructure for web 3.0 with transparent and open mechanism along with maintaining security and privacy by providing server-less communication.
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Adopting NKN offer multiple benefit that include millions of node support, high aggregated throughput, zero server, unique & global ID, extra security & privacy and Low Latency. In the real use cases and innovation NKN integrating with top existing TCP/IP, by helping utilization unused storage, bandwidth and data from different users. Network allowing both individual and corporate to access optimized data usage for improved network speed maintaining cost efficiency.
NKN can be used to developed decentralized application with higher performance and cost-effective servers. NKN looking to create alternative and better option for centralized server, where issues like downtime, higher cost, decentralization can be eliminated. NKN also innovating tradition Proof of Work and Proof of Storage element with Proof of Relay innovation, which is referred as useful PoW and specially it rewards miners for transmitting real-world data in the network.
NKN Price Prediction
|Month & Year||NKN Price Prediction|
|All-time high||$1.48 USD|
|Exchange Platform||Binance, Coinbase Pro, Huobi Global, Gate, Bittrex, CoinDCX, Crypto.com.|
NKN ICO Overview
|Platform used||NEO Blockchain.|
|Raised by||$12,600,000 USD|
|Date of ICO||19 April 2018|
|Partners||Bluzelle, Noia Network, Portal Network, OKEX, Ankr, Harmony, Tax, DxChain, String Capital, U network, Genesis, Node Capital, ONF, Portal Network, Datapace, Cryptic labs.|
NKN Coin Price Analysis
NKN Token is being life blood of NKN Ecosystem that pays central role on the network. NKN can be used in running node that allow participant tot share network resources that will help other transfer data along with earn mining rewards. NKN also used as currency on platform to pay for nConnect secure connection, CDN, game streaming, group and other major services on the platform. NKN was listed on exchange in 2018 with opening trade with $0.35 USD Price, as later in the bear run it price falls to below $0.1 USD. in 2020 we have seen major development in blockchain space targeting decentralized application. however, NKN also gets major exchange listing like Binance, Huobi that heaps to ross $1 USD mark and set new all time high record.
How Much NKN Worth in 2030?
NKN hit new all time hight in 2021 and we could expect in 2030, NKN may reach $30 USD.
Is NKN a Good Investment?
NKN is one of oldest project of blockchain with great experience and innovating team, who working to adopt future technology to support new developer and investor. no doubt NKN demand on the peak that will help to set new record.
NKN has been pillar of decentralized application building and innovation, as it was developed in early successor stage of Blockchain and till now they evolved to being up to date, so in future we could see NKN gaining number of users for investment as well as creating new innovation using network. NKN back in 2018 won different awards that from founder friendly labs summer program 2018 and also one of the finalists for the bell labs open innovation challenge. As of now, NKN launched newest version of mainnet and some foundational dApps already launched on platform. D-chat is one of the most popular application built on NKN network.