Network Token

Kolektivo Network Token (KNT)

  • Name: Kolektivo Network Token

  • Ticker: KNT

  • Standard: ERC-20 on Celo

  • Total supply: 100m

Overview

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.

Utilities

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.

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