What is the KEY coin that exploded 35% on 5.29? Will the Hong Kong concept explode?
SelfKey is an identity platform built on the Ethereum blockchain that aims to give individuals and businesses full ownership of their data, documents and digital assets.
The platform is committed to building a technology that allows users' data to no longer be kept by companies and institutions, but stored in the user's own digital wallet. This technology returns control of user data to the user himself, thereby improving the security and privacy of the data.
In addition, SelfKey also provides an available and popular market in mainland China, providing users with more choices and convenience.
KEY is a utility token in the SelfKey ecosystem, used to pay for various services within the platform. Currently, its market value is relatively low, at only $40 million, and 88% of the tokens are already in the circulation market.
What is KEY coin?
KEY coin (or Selfkey coin) is the currency used to execute transactions within the SelfKey ecosystem. It is a decentralized, encrypted currency that you can rest assured that security and privacy will be maintained during market execution.
KEY ICO
The initial coin offering (ICO) of Key tokens took place on January 14, 2018. There was a pre-sale, public pre-sale and public sale. Let’s do a quick Selfkey Ico review.
During the first ICO, both BTC and ETH were used as currencies to purchase Key tokens (except during the public sale, when only ETH was accepted). Given that the coin is based on the same technical parameters as Ethereum (ERC-20), the process was streamlined to make it very simple.
The total supply of Key coins is 6 billion, and the initial price per coin is $0,015. The ICO considered itself a success. The level of hype built for the KeyICO was surprisingly high - the idea of a decentralized platform built for the solemn purpose of protecting privacy and security seemed to work.
It is still a bit difficult to do an objective SelfkeyICO review because a short period of time has passed. Although from the looks of it, people really do participate and believe in Selfkey’s mission.
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