kucoin logo
KuCoin Token
KCS
$12.23

Sector

CEX

Exchange Debut

2017-10-25

Market Cap

1,177,453,805

Maxim Supply

170,118,638

Circulating Supply

96,287,258

Circ. Supply(%)

56.60%
kucoin logo

KuCoin Token

KCS

Price

$12.23

Market Cap

Sector

Exchange Debut

1,177,453,805
2017-10-25

Volume 24h

High 24h

Low 24h

3954693
12.248280753282
11.35669497269

Change 24h

Change 7d

Change 30d

7.077
15.3701
26.6789

Maxim supply

Circulating supply

Circulating supply(%)

170,118,638
96,287,258
56.60%

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

 

Launched in 2017, the KuCoin Token, commonly known as KCS, has evolved from a profit-sharing token into a vital component of the KuCoin ecosystem. With its mission to become more than just a token, the KCS will soon play a key role in KuCoin’s decentralized trading services, strengthening its position as an essential asset in KuCoin’s decentralized financial services. The fundamental analysis of the KuCoin – KCS cryptocurrency has resulted in an overall score of 6.74 out of 10, painting a holistic picture of its potential and challenges.

SOCIAL & MASS MEDIA: Score 4.6 out of 10

The KuCoin Token exhibits a remarkable presence on social media platforms with top marks for its ability to attract followers and its administrators’ activities. However, community engagement and media presence seem lacking, leaving room for improvement in this segment.

AUDIT & SECURITY: Score 6 out of 10

This domain portrays a moderate score, indicating an adequate performance in terms of audit results, transparency, and liquidity on the exchange. Strengthening these facets can offer an even robust footing in the crypto space.

TOKENOMICS: Score 7.05 out of 10

From an inflationary standpoint and its centralization, KCS has fared reasonably well. The monetary mass of the token has been structured with thought, ensuring its long-term sustainability within the fundamental analysis of the KuCoin – KCS cryptocurrency framework.

ECOSYSTEM DEVELOPMENT: Score 7.8 out of 10

The trajectory of KuCoin suggests promising advancements with successful achievement of set objectives and promising future developments. These accomplishments further solidify KCS’s position in the crypto world.

TEAM & DEVELOPERS: Score 8.6 out of 10

The strength of any project lies in its team. KuCoin’s team, rich in experience, showcases their potential. However, expanding its number of software developers could push KCS even further in the competitive crypto space.

PRODUCT & UTILITY: Score 6 out of 10

The utility of the product and the token within the KuCoin ecosystem is moderate. A focus on enhancing these attributes could provide KCS a competitive edge in the market.

PARTNERS & INVESTORS: Score 7.75 out of 10

With significant investors and partners backing the project, KCS is well-positioned. An increase in collaborations and investments can elevate the project’s standing.

Fundamental analysis of the KuCoin – KCS cryptocurrency – The final conclusion

Given the scores derived from the fundamental analysis of the KuCoin – KCS cryptocurrency, KuCoin stands as a project with significant potential. While it has multiple strengths, particularly in ecosystem development and its team, areas related to community engagement, product utility, and security could benefit from further enhancement. Investors should consider these factors while evaluating the risks and rewards of venturing into KCS. As the crypto realm continues to evolve, KuCoin’s commitment to growth and adaptation may very well shape its future success in the decentralized space.

What is Kucoin?

 

KuCoin Token (KCS) serves as the native token for the KuCoin platform, having launched in 2017. Initially an ERC-20 token on the Ethereum network, it was set with a total supply of 200 million. To add value, KuCoin has a buyback and burn strategy, intending to reduce the total supply to 100 million KCS. As KuCoin’s decentralized trading solutions are unveiled, KCS aims to become the backbone of KuCoin’s decentralized financial services and the governance token for the KuCoin community.

Utility and Uniqueness of KCS

The unique KCS Bonus system provides a passive income opportunity. Users holding a minimum of 6 KCS can receive daily dividends, sourced from 50% of KuCoin’s daily trading fee revenue. This incentive is closely linked to the amount of KCS owned and KuCoin Exchange’s trading volume. Beyond dividends, KCS offers utility in trading fee payments, with potential discounts up to 80%. Additionally, KCS can be used in token sales, the Pool-X platform, and even for shopping and hotel bookings.

Supply Management and Security Measures

To manage KCS’s supply, a systematic buyback and burning process occurs quarterly, based on the KuCoin Exchange’s trading volume. This ensures the circulating supply will eventually reach the 100 million target. Security is paramount for KuCoin. They leverage standard encryption protocols, ensuring user data remains confidential. The platform’s multi-cluster and multi-layer architecture guarantees simultaneous multiple transactions, maintaining stability throughout.

Fundamental analysis of the Kucoin KCS

KuCoin Token - KCS 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

okb logo
SCORE: 6.87
RATING: Good
huobi token logo
SCORE: 7.19
RATING: Good
unus sed leo logo
SCORE: 6.40
RATING: Good
gate token logo
SCORE: 6.50
RATING: Good
Cronos logo
SCORE: 8.29
RATING: Excellent
BNB - Logo
SCORE: 8.96
RATING: Excellent
SCORE: 6.77
RATING: Good
SCORE: 6.72
RATING: Good