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$CKB

CKB full name CobakToken.
1. Project background and objectives:
CBK coin belongs to Cobak, a cryptocurrency community platform from South Korea. Initially in 2018, it was just a simple cryptocurrency discussion website, which gradually added more services over time. The platform aims to build a bridge connecting cryptocurrency traders and crypto projects, addressing some issues in the cryptocurrency environment through equal rights distribution online, such as community member compensation issues, information gaps, and transaction fee problems.
2. Technical features:
It has its own developed blockchain technology, CBKchain, which has achieved innovative breakthroughs in cross-chain interaction, smart contracts, and privacy protection, allowing interaction with other blockchain networks while ensuring the confidentiality of transaction information and the diversity of business logic.
3. Application scenarios and functions:
CBK is the ERC20 native utility token of the Cobak platform, serving as an internal payment token within the platform. Users can use it to obtain goods and services on the platform. For example, users participating in various activities on the platform, such as token sales, forum discussions, official events, etc., may use CBK coins. Additionally, users can unlock some non-monetary benefits by holding CBK coins, such as receiving airdrops.
4. Market performance:
The total supply is 100 million CBK, as of October 22, 2024, the circulating supply is 8,862,980, and the circulation rate is 88.63%.
The price has fluctuated significantly but has shown a certain level of investment return. On October 22, 2024, its price was about 4 yuan RMB, with a 24-hour trading volume of 9.0602 million RMB. Its historical highest price has reached a relatively high level, but it has also experienced significant price fluctuations.
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