bitkub-coin
Bitkub Coin
KUB
$1.81

Sector

Layer 1

Exchange Debut

2022-01-18

Market Cap

160,938,760

Maxim Supply

110,000,000

Circulating Supply

88,850,000

Circ. Supply(%)

80.77%
bitkub-coin

Bitkub Coin

KUB

Price

$1.81

Market Cap

Sector

Exchange Debut

160,938,760
2022-01-18

Volume 24h

High 24h

Low 24h

727039
1.898974260331
1.798796088829

Change 24h

Change 7d

Change 30d

-2.7727
-7.5705
-4.7331

Maxim supply

Circulating supply

Circulating supply(%)

110,000,000
88,850,000
80.77%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Bitkub Coin-KUB cryptocurrency:

 

The Bitkub Coin (KUB), a utility token on the Bitkub Chain developed by Bitkub Blockchain Technology, showcases a versatile ecosystem featuring KAP-20 tokens like KKUB, KUSDT, and KBTC. Despite its diverse applications, including fee payments and asset exchanges, the fundamental analysis of the Bitkub Coin – KUB cryptocurrency reveals a modest overall score of 5.07 out of 10. This evaluation reflects its current position and potential in the market, influenced by various factors across different criteria.

SOCIAL & MASS MEDIA: Score 4.5 out of 10

In the realm of social and mass media, the fundamental analysis of the Bitkub Coin – KUB cryptocurrency indicates a moderate engagement. While the community activity and media presence are commendable, its ability to attract followers and the size of chat group communities are areas needing improvement. The mixed responses in this sector highlight the need for enhanced marketing strategies and community engagement.

AUDIT & SECURITY: Score 6 out of 10

Security and audit aspects of Bitkub Coin receive a relatively stronger score. The audit results are reassuring, but transparency and liquidity concerns are evident. Enhancing public information access and improving liquidity can bolster the project’s credibility and investor confidence.

TOKENOMICS: Score 5.65 out of 10

In tokenomics, the fundamental analysis of the Bitkub Coin – KUB cryptocurrency shows a balanced inflation rate but a significant centralization issue. Addressing the centralization concerns could lead to a more robust and decentralized ecosystem, enhancing the token’s appeal.

ECOSYSTEM DEVELOPMENT: Score 5.1 out of 10

The ecosystem development score reflects a consistent but modest achievement of goals and plans for future enhancements. Continued development and innovation are essential for keeping pace with the evolving blockchain landscape.

TEAM & DEVELOPERS: Score 6 out of 10

The team behind Bitkub Coin demonstrates decent experience and technical expertise. However, expanding the team and diversifying skills could accelerate development and innovation, thus improving this score.

PRODUCT & UTILITY: Score 3.9 out of 10

The utility of the product and tokens within the ecosystem is currently underwhelming. Focusing on expanding use cases and enhancing token utility can significantly uplift this aspect.

PARTNERS & INVESTORS: Score 5.5 out of 10

While the project has a fair number of investors and partners, there’s room for growth in both quantity and quality. Stronger partnerships and a broader investor base can provide stability and growth opportunities.

Fundamental analysis of the Bitkub Coin – KUB cryptocurrency – The final conclusion

Considering the fundamental analysis of the Bitkub Coin – KUB cryptocurrency, the overall score of 5.07 out of 10 suggests cautious optimism. While the project shows promise in audit and security, along with a competent team, areas like product utility, social media engagement, and tokenomics centralization need significant improvements. The project’s moderate performance in key areas indicates potential, but also flags risks that investors should weigh. The need for strategic enhancements and a focus on community-building and ecosystem development is evident. As the project evolves, careful monitoring of these aspects is essential for assessing its long-term viability and investment potential in the dynamic cryptocurrency market.

What is Bitkub Coin?

 

Bitkub Chain, developed by Bitkub Blockchain Technology Co., Ltd., stands out as Thailand’s pioneering blockchain infrastructure. This platform offers affordable, secure, and scalable solutions, primarily to startups and entities in the decentralized finance (DeFi) sector. It enables the development and deployment of decentralized applications (dApps) and digital assets at minimal costs. The company also extends business consulting and project creation tools, catering to a wide range of project developers.

Bitkub Chain’s Unique Features

The chain addresses key barriers in the blockchain ecosystem, including high transaction fees and inadequate information dissemination. These features make it more accessible to retailers and businesses. Bitkub Chain ensures lower gas fees and rapid transactions without compromising security and performance. It’s also user-friendly, easily integrating with other projects on the Bitkub Chain.

Bitkub Coin (KUB) and Its Utilities

Bitkub Coin (KUB) is the native utility token of the Bitkub Chain, listed on multiple exchanges. It fulfills various roles such as on-chain gas fee payments, converting to fee credits on the Bitkub Exchange, and enabling asset exchanges. KUB’s utility expands to the entire Bitkub ecosystem, enhancing its versatility and value.

Consensus Mechanism and Staking

The Bitkub Chain utilizes a Proof-of-Stake consensus mechanism. This allows participants with sufficient KUB tokens to become Validators or Delegators by staking their KUB. The Proof-of-Stake system is energy-efficient, scalable, and ensures faster transactions and network security. Validators play a vital role in transaction processing and blockchain security, while Delegators support these processes without needing technical knowledge or infrastructure.

Types of Validators and Delegators

Validators can be of two types: Solo Nodes, offering full control and rewards, and Pool Nodes, which involve delegating KUB Coins to increase staking power. Delegators are individuals who stake KUB with Validators, sharing rewards proportionally to their staking power.

Fundamental analysis of the Bitkub Coin-KUB cryptocurrency

Bitkub Coin-KUB performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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