fundamental-analysis-of-the-koinos-cryptocurrency
Koinos
KOIN
$1.12

Sector

Platform

Exchange Debut

2022-01-20

Market Cap

111,791,101

Maxim Supply

100,000,000

Circulating Supply

99,740,531

Circ. Supply(%)

99.74%
fundamental-analysis-of-the-koinos-cryptocurrency

Koinos

KOIN

Price

$1.12

Market Cap

Sector

Exchange Debut

111,791,101
2022-01-20

Volume 24h

High 24h

Low 24h

196089
1.194676834015
1.120330300213

Change 24h

Change 7d

Change 30d

-5.8288
-6.7501
11.0818

Maxim supply

Circulating supply

Circulating supply(%)

100,000,000
99,740,531
99.74%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Koinos cryptocurrency: 

The fundamental analysis of the KOINOS cryptocurrency indicates that the project has a series of strengths, but also challenges in terms of its investment potential, as it obtained a final score of 4.98 out of 10 after a multi-criteria analysis, which will be detailed below.

Firstly, the „Team” criterion received a solid score of 7 out of 10, indicating that the KOINOS team has experience in the field. With a score of 8 out of 10 for team experience, this is a positive factor in the fundamental analysis of the KOINOS cryptocurrency. However, the number of software developers is relatively low, with a score of 3 out of 10, indicating a potential limitation in development and innovation capacity.

Social and media

The next criterion, „Social and media”, received a lower overall score of 3.5 out of 10. Despite the solid activity of the community on social media pages (10 out of 10), the ability to attract followers and media presence are low. This could indicate a need to invest more in marketing and communication strategies to increase the visibility and attraction of the KOINOS project.

The „Ecosystem development” criterion received a decent score of 6 out of 10. The achievement of objectives and intention to bring new developments to the project received equivalent scores, indicating consistent but not exceptional progress. In the context of the fundamental analysis of the KOINOS cryptocurrency, this suggests that while there is a degree of innovation, there may be room for growth and improvement.

Finally, the „Audit and security” criterion received a score of 2.5 out of 10. This result raises concerns, especially regarding the results of audits, which received a low score of 1 out of 10. The transparency of information available to the public and liquidity on cryptocurrency exchanges are better, with a score of 6 out of 10, but audit results suggest that security may be a problem.

Fundamental analysis of the KOINOS cryptocurrency – The final conclusion

In conclusion, the fundamental analysis of the KOINOS cryptocurrency indicates a mixed potential for investors. While there are strengths such as team experience and community activity, there are also areas of concern, especially in regards to auditing and security. In addition, reduced visibility in the media and limited ability to attract new followers suggest that the KOINOS project may need better directed marketing strategies.

Also, the KOINOS ecosystem presents consistent development, but none that stands out through remarkable innovation or significant achievements. As ecosystem development is crucial for the success of a cryptocurrency project, a continued focus on improvement and growth in this area is important.

A general purpose blockchain-based decentralized network that allows for free-to-use applications through a “Mana” mechanism that dynamically prices network resources in opportunity cost (not tokens) and allows for free-to-use dApps through Mana “delegation.” Proof-of-burn is implemented as a consensus algorithm to maximize efficiency, decentralization, and provable egalitarianism while thwarting the exchange attack and mitigating spam. Blocks are produced by hashing a private key and the random number output of a verifiable random function (VRF) then dividing by the amount of tokens burned. Like proof-of-work, the longest chain serves as an immutable record of transactions backed by the largest pool of sacrificed capital. The Koinos blockchain framework is used for fork-less upgrades as a result of its modular upgradeability. This creates a free-to-use and truly decentralized general purpose blockchain with a mainstream user experience that maximizes accessibility to end-users, developers, and node operators. 

Mana

Our goal with Koinos is to support decentralized (“Web3”) applications that have a Web2 user experience. In short, dApps must have a delightful user experience and people must be able to begin using them without first having to acquire tokens which is a major barrier to entry. The Mana system is how we accomplish those objectives. We call it “Mana” because the user experience replicates that of the RPG video games so many people are already familiar with.

The basic premise of the Mana system is that every KOIN token is “born” with 1 Mana which can be consumed when a user consumes network resources. Mana is a property of the KOIN token, it is not a token itself. It therefore cannot be bought or sold and cannot acquire its own price distinct from the KOIN token. Users can, however, delegate their Mana to other users, thereby allowing non-token holders to begin using the blockchain while still effectively mitigating spam. That Mana is still tethered to the delegator’s KOIN to ensure the economic sustainability of the system and maximize liquidity for the delegator who can undelegate at-will.

fundamental-analysis-of-the-koinos-cryptocurrency

Koinos - KOIN 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.

Related projects

cartesi
SCORE: 6.28
RATING: Good
SCORE: 5.84
RATING: Average
polymath-network logo
SCORE: 6.46
RATING: Good
tezos logo
SCORE: 7.41
RATING: Good
artt network logo
SCORE: 3.65
RATING: Fragile
JasmyCoin LOGO
SCORE: 🔒
RATING: No rating
0x protocol logo
SCORE: 🔒
RATING: No rating
cobak token logo
SCORE: 🔒
RATING: No rating
Powerledger logo
SCORE: 🔒
RATING: No rating
logo harmony
SCORE: 8.05
RATING: Excellent
SCORE: 7.03
RATING: Good
SCORE: 5.34
RATING: Average
Arkham - logo
SCORE: 4.87
RATING: Average
Cosmos- logo
SCORE: 7.86
RATING: Good
SCORE: 7.53
RATING: Good
SCORE: 5.99
RATING: Average