KIWI Token price is $0.00007745
As of the latest available data, the price of KIWI Token (KIWI) is $ 0.00007745. In the last 24 hours, it has increased by +0.00%. Keep in mind that cryptocurrency prices are highly volatile and can fluctuate widely within short periods.
KIWI Token is a cryptocurrency that operates on the Ethereum network as an ERC20 token, utilizing the EIP-918 standard. It distinguishes itself by being mineable, allowing users with sufficient computational resources to mine new KIWI tokens using their CPU or GPU. The project aims to create a token that is accessible to anyone and can be used for a variety of purposes including payments, non-fungible token (NFT) trading, community engagement, and fostering community growth.
KIWI Token was announced on the Bitcointalk forum on May 6, 2018, by an anonymous or pseudonymous group of developers. The team behind KIWI Token has prioritized the project as a community-centric initiative, focusing on creating a token that is driven by its users' participation and involvement.
As a mineable ERC20 token, KIWI Token relies on the proof-of-work algorithm to secure the network and issue new tokens. Unlike many other tokens which had a pre-mine or an initial coin offering (ICO), KIWI was launched without any pre-mined tokens, emphasizing fairness and equal opportunity for all participants in the network. Users can mine KIWI using standard mining software configured for its specific mining algorithm.
KIWI Token is one of the few ERC20 tokens that is mineable, a unique characteristic considering most tokens on the Ethereum network are not designed to be mined in the same way that cryptocurrencies like Bitcoin are. The mining process for KIWI allows individuals to use their personal computer's processing power, either through CPU or GPU, to validate transactions and earn rewards in the form of KIWI tokens. This approach helps to maintain a decentralized network and allows users to contribute directly to the security and operation of the token's ecosystem.
The circulating supply of KIWI Token is 456.9M, with no pre-mine conducted at its inception. This means that all KIWI Tokens in existence have been mined by community members participating in the network. The cap for the total supply of KIWI Tokens is yet to be determined, leaving room for more tokens to be mined in the future.
KIWI Token positions itself as a versatile cryptocurrency within the Ethereum ecosystem. It can be utilized for a range of activities such as making payments, trading in NFT marketplaces, and engaging in community development projects. Its mineable nature on the Ethereum network makes it a noteworthy participant among ERC20 tokens, contributing to the diversity and utility of the Ethereum blockchain.
Any updates and improvements to the KIWI Token protocol would typically follow the decentralized governance model characteristic of many blockchain projects. The exact processes for governance and how technological upgrades are proposed and implemented have not been specified but would be aligned with community consensus and the standards of the Ethereum blockchain.
KIWI Token can be purchased on various cryptocurrency exchanges. To find out the exact list of exchanges where you can buy KIWI, please refer to their official website or updates from the project's social media channels. Since KIWI is an ERC20 token, it should be compatible with any exchange that supports Ethereum-based assets.
Securing your KIWI tokens involves the same practices needed for safeguarding any ERC20 tokens. It's important to use reputable wallets that support Ethereum-based tokens, and always double-checking wallet addresses before transferring funds. Moreover, enabling two-factor authentication (2FA) on exchanges, using hardware wallets for significant amounts of tokens, and keeping your private keys offline and secure are key measures to ensure the safety of your KIWI Tokens.
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