Network Token
Kolektivo Network Token (KNT)
Last updated
Kolektivo Network Token (KNT)
Last updated
KNT is planned to launch in 2024.
Name: Kolektivo Network Token
Ticker: KNT
Standard: ERC-20 on Celo
Total supply: 100m
KNT is the financial seed that powers an ecosystem of safe and sensible community economies. Over time, the Kolektivo Network Treasury aims to transition its assets from its native governance token to hundreds of ecological assets sourced from all around the world, each originating from its own seed.
The Network Token is at this time ultimately imagined as a governance token over the entirety of the Kolektivo Network and Framework interfaces. Additional token utility is perpetually under development.
Provides certain governance rights over the Kolektivo Network, such as issuing community economy seeds and structuring ecosystem roadmap. Selecting community economies is vital to the success of the network, as ultimately, each seed represents a forward-looking payment for those ecological assets to be produced.
Bridges liquidity between trading pairs in the Kolektivo Network, market making and facilitating exchange between the many assets that the Kolektivo Framework will produce and support, such as natural assets, community currencies, and local reserve tokens.
