Numerico price is $0.03167340
| Market Rank | #2065 |
|---|---|
| Market Cap | $ 4.9M |
| Volume 24h | $ 0.1M |
| Circ. Supply | 155.4M |
| Total Supply | 264.7M |
| Max Supply | 280.0M |
As of the latest data, the price of Newscrypto Coin (NWC) has decreased to a current value of $ 0.03167340. It's important to consider that cryptocurrency prices are highly volatile and the value can change rapidly within short time frames.
Newscrypto Coin (NWC) is the native utility token of the NewsCrypto ecosystem, designed to serve as a key resource within its educational and interactive platform. Aimed at addressing the needs of crypto traders and enthusiasts at all levels, the platform delivers tools and resources such as market indicators, educational materials, community insights, and even a touch of entertainment—such as crypto-themed games. The overarching goal of the NewsCrypto platform is to provide a one-stop-shop for learning, sharing, and engaging in the world of cryptocurrencies.
The team behind Newscrypto Coin comprises cryptocurrency experts, tech enthusiasts, and educators who are focused on making crypto trading more accessible and understandable for everyone. As a self-funded project, it emphasizes community growth and contribution, encouraging quality interactions within its ecosystem. The identities and background details of individual team members or founders are not specified, but their mission is clear: to cultivate an informed and active crypto community.
Newscrypto Coin works by powering the NewsCrypto ecosystem, where it serves several key functions: - Platform Membership: NWC tokens unlock premium features on the NewsCrypto platform, which includes advanced educational content and specialized market tracking tools. - Mobile Application: The NewsCrypto mobile app allows token holders to enjoy exclusive content, games, and a vibrant community section—all of which can be accessed using NWC tokens. - Community Rewards: The token also incentivizes users to produce and share high-quality content, offering NWC as rewards for valuable contributions to the platform. - Value Transfer: NWC acts as a medium of transfer within the ecosystem, facilitating transactions and interactions. - Deflationary Mechanism: With a cap of 280 million tokens, NWC follows a deflationary model, wherein 20% of subscription fees are burned automatically through a smart contract, reducing the overall supply and aiming to increase scarcity over time.
What sets Newscrypto Coin apart from other cryptocurrencies is its emphasis on education and interactive learning. By providing a plethora of resources and a dynamic community, it helps demystify the complexities of cryptocurrency trading and blockchain technology. Its self-funding attribute ensures that the project remains independent from external influences, aligning the interests of the community with the development of the platform. Additionally, its deflationary model is not common in the crypto space, presenting an interesting aspect for users who are particular about tokenomics.
Originally built on the Stellar blockchain, NWC evolved to widen its accessibility by branching out to Ethereum and Binance Smart Chain networks in early 2021. To facilitate seamless transfers between these blockchains, Newscrypto developed a cross-chain swap solution, enabling users to convert NWC tokens from one chain to another directly through the Newscrypto website. This cross-chain functionality reflects the project's commitment to interoperability and user convenience.
The total supply of Newscrypto Coin is capped at 280 million NWC, meaning no additional coins will be created beyond this limit. This hard cap is a critical element of its deflationary model, as it prevents inflation and could potentially increase the coin's value over time due to its limited availability.
The Newscrypto community can engage with the platform in several ways. Primarily, they can: - Participate in educational courses and use platform tools by spending NWC tokens. - Contribute high-quality content and insights to earn NWC as rewards for their input. - Use the token for transactions and exchanging value within the NewsCrypto environment. - Stay informed and entertained through the mobile app that includes educational resources, games, and more.
The ecosystem relies heavily on the active participation of its members, and the incentivization model is geared towards encouraging valuable contributions from its user base.
Newscrypto Coin (NWC) can be purchased on various KuCoin, Probit, Gate.io, STEX. Potential buyers should always ensure they are using reputable exchanges and practice good security measures when trading or holding cryptocurrency assets.
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