INTRODUCTION TO panKUKU
Blockchain and Cryptocurrencies gaining much more popularity faster than expected. The crypto industry has significantly grown and expanded, Blockchain basically, enables people to trade directly with each other, while eliminating the requirement for and cost of middlemen. Also, the blockchain can be termed as a network by which people can easily practice virtual transactions such as payments, money transfers, and more.
panKUKU uses blockchain technology to provide an expanded range of next-gen solutions and products, involving the panKUKU cryptocurrency-based virtual payment system. It is basically intended to resolve the multiple issues of e-commerce firms.
panKUKU as a highly deflationary rewards token
panKUKU (token ticker: KUKU) is a hyper-deflationary reward token. KUKU is the first Suriname Token operating on Binance Smart Chain (BSC) that is based on BEP20 protocol. It may seem inspired by pancake swaps, but it has a better plan for the future, and it will soon become a much larger project and product offering than any other decentralized exchange (DEX) in the market.
The project has numerous features and unmatched opportunities for holders, traders, and investors. It will make trading fun and rewarding, so Check the official website to explore all the opportunities and know more about the project.
panKUKU is unique because it has all the above features and proper customer support. Most of the popular platforms are not giving proper attention to customer support and NFT buyer and sellers just remain unheard, but with panKUKU it will not happen anymore.
The project is aimed at becoming the biggest DEX project that will offer a range of products and services to users. Currently, the project includes KUKU tokens, pools, farms, Kuku swaps, lotteries, and a robust NFT marketplace, but the list will be longer soon.
The project is unique and soon it will soon get all the exposure it needs. However, if you also want to contribute and the IDO sale is live now you can grab this opportunity by buying KUKU tokens as much as possible. KUKU token is the native token of this project and soon will be used in the complete ecosystem. And when people will use it heavily then the price of the KUKU token will rise automatically due to limited supply, and in this case, people who bought the token coin earlier will get maximum benefits. So don’t miss this opportunity and buy KUKU tokens now.
The concept behind Deflationary Tokens
While deflation is considered a bad thing in traditional finance, it is a positive element in the cryptocurrency world. In traditional finance, deflation refers to a decrease in the price of an asset due to certain conditions, such as more mining.
Deflationary crypto decreases its market supply over time. This factor implies that the user or team of the project will participate in activities that reduce the supply of coins on the blockchain. Most of the time it is done by burning the tokens.
However, cryptocurrencies with limited supply are already deflationary by default. Since the supply is limited whenever investors buy coins, its supply decreases.
How Do Deflationary Tokens Work?
As already mentioned, deflation in the crypto-verse means the burning of tokens from circulation. The confusion comes in how the tokens get burned. There are two types of burning mechanisms: buyback and burn, and transaction burning.
The buyback is a self-explanatory mechanism as it involves the platform buying back tokens from holders or markets and locking them at an inaccessible address; A platform can use its share of profits to execute this process. Meanwhile, transaction burning is a mechanism where a platform employs a smart contract that automatically burns part of the transaction fee.
Benefits of Deflationary Tokens
Deflation tokens can bring many benefits to both investors and projects. Beyond everything else, deflationary tokens seek to solve the issues with traditional finance. Contrary to popular results, deflation tokens have a positive impact on the crypto space.
Here are some ways that projects can benefit from them:
Increase Coin’s Value
More Profits
No need for mediators
Removing Extras from the Market
Upcoming Events on KUKU
PanKUKU is one of those revolutionary projects that is making headlines regularly. This project is inspired by PancakeSwap but it is bigger and better in every way. The KUKU roadmap includes many more exciting products for the future, the roadmap also includes the KUKU Shop, KUKU Wallet, KUKU Play, Predictions, and Launchpad platforms.
You will first need to visit the PanKUKU’s presale page at Unicrypt app.unicrypt.network, then connect your wallet, enter the amount of KUKU tokens you want to own, and complete the payment process.
KUKU Tokens are Hyper Deflationary Reward Tokens, which means you can get more profit by buying KUKU Tokens and keeping them in your wallet. However, when the list of products is so long it would be more useful to utilize their full potential. So, don’t wait and watch this opportunity pass by, buy KUKU tokens now!
CONCLUSION
Pankuku is a decentralized application that rewards users by giving them a token for completing simple tasks. The Pankuku reward token is also hyper deflationary in nature. The reward tokens which is a deflationary currency is expected to appreciate in value over time because it is designed to be a useful currency. This is achieved by deflationary design where the supply is limited to just some million tokens and the demand is expected to rise because of the nature of the currency. The number of tokens is also expected to rise with the number of users. The tokens are expected to rise in value with the rise in demand for tokens. Pankuku is a decentralized, peer-to-peer, community controlled cryptocurrency built on top of the Ethereum blockchain. The community is the engine that powers this currency. Everything from active participation in the community and social media to simply staking your Pankuku and letting it work for you. The community will determine the value of the currency, not a handful of individuals.
USEFUL LINKS
Website: https://pankuku.net/
Twitter: https://twitter.com/pankukuofficial
Telegram group: https://t.me/pankuku
Instagram: https://www.instagram.com/pankuku_official/
Facebook: https://www.facebook.com/pankuku/
Linkedin: https://www.linkedin.com/company/pankuku
Reddit: https://www.reddit.com/r/pankuku_official/
Discord: https://discord.gg/ucGSzSp4C3
Medium: https://medium.com/@pankuku
YouTube: https://www.youtube.com/channel/UCWgyzUllqx2XuAPXy_t6xXw
Github: https://github.com/Prosolsu
AUTHOR
BITCOINTALK USERNAME: promptstar1403
BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=3483887
BSC WALLET: 0x34a5cf5CE6D30c2EE5661E6af7c4dc5BebE85A59
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