The NewsCrypto token, or NWC, constitutes the core of the NewsCrypto ecosystem. This multi-faceted platform centers on education, resources, and community engagement, catering to crypto enthusiasts at all skill levels. From beginners to well-versed traders, NewsCrypto provides a singular destination for crypto trading needs. The NWC token serves as the key to this resource-rich environment, unlocking access to the platform’s diverse offerings.
NewsCrypto Platform and Mobile App
NWC is pivotal for accessing the online platform dedicated to interactive learning about blockchain technology and cryptocurrency trading. In addition, the token unlocks special features in the NewsCrypto mobile app, which combines education, market tracking and entertainment, such as crypto games. The app also incorporates a community section where users can interact, learn from each other, and earn NWC for contributing quality content.
Token Supply and Value Transfer
The NWC token follows a deflationary model with a maximum cap of 280 million NWC. An automated smart contract burns 20% of all membership subscription fees, offering stability to the token's value. Beyond membership fees, NWC also transfers value and rewards to community members for their valuable contributions to the ecosystem. As the project is fully self-financed, it fosters a sense of ownership within the community, incentivizing all to act in the best interest of the ecosystem.
Blockchain Adoption and Cross-chain Swap Solution
Originally built on the Stellar blockchain, NWC expanded its reach to Ethereum and Binance Smart Chain in early 2021. This extension allows users to swap between different versions of NWC across these three different chains. The NewsCrypto website hosts this cross-chain swap solution, thereby increasing accessibility and usability for its community members.
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