What is Coin C98? All About Coin C98 Project and Coin C98

Coin C98 – the name of a cryptocurrency project built and developed by a group of Vietnamese people, has made a significant impact on the international crypto community. If you haven’t heard or read anything about the C98 coin yet, then today’s article is definitely one you shouldn’t miss. Because Finance Solutes will introduce you to what the C98 coin is, the diversity of the Coin98 ecosystem, C98 coin information, and an evaluation of whether the C98 coin has potential.

1. WHAT IS COIN 98?

Coin C98 is a young and promising decentralized finance (DeFi) project developed by a Vietnamese team. It is the 20th project on Binance Launchpad. Coin C98 has captured the attention of investors as a one-stop DeFi solution, offering cross-chain swaps while providing an ecosystem with a wide range of products.\

Besides decentralized finance-related products, traders also benefit from staking C98 coins, storing assets in the Coin98 Wallet, and more. Additionally, research materials provided by the Coin C98 team are highly valuable for traders and investors, especially newcomers looking to understand this market.

2. WHAT PRODUCTS ARE INCLUDED IN THE COIN 98 ECOSYSTEM?

The Coin 98 ecosystem can be divided into three main parts:

• Coin98 Ventures: This is the investment fund of Coin98 Finance, used to invest in and promote the decentralized finance ecosystem across multiple blockchains with integrated support for DeFi builders.
• Coin98 Labs: The goal of Coin98 Labs is to develop and provide a comprehensive, reliable suite of products equipped with the latest data security, cross-chain, and multi-chain technology for Coin C98 users at all experience levels.

• Coin98 Network: The Coin98 Network includes Coin98 Insights, Margin ATM (where traders can access the latest news and technical analysis), Coin98 Analytics, and Sapiens – a platform for learning and engaging within the ecosystem.

2.1. Coin98 Exchange

Coin98 Exchange is a decentralized exchange (DEX) and a DeFi platform that allows users within the ecosystem to swap, stake, lend, earn, and more across multiple blockchains in the simplest and most convenient way. Coin98 Exchange integrates 15 DEX platforms across 9 blockchains, including:

• Ethereum: Uniswap, Sushiswap
• Binance Smart Chain: PancakeSwap, MEX
• Polygon: Quickswap
• Avalanche: Pangolin, Trader Joe
• HECO Chain: MDEX
• Solana: Coin98 Exchange
• KuCoin Community Chain: MojitoSwap, KuSwap, KoffeeSwap
• Fantom: SpiritSwap, SpookySwap
• Boba Network: OolongSwap

The strategy and operational goal of Coin98 Exchange is to provide essential traditional financial services within a decentralized finance (DeFi) platform. Coin98 Exchange offers crucial liquidity, enabling traders to swap tokens quickly, permissionlessly, and seamlessly without network interruptions. The trading interface is also optimized with live charts and real-time price information for each token.

2.2. Coin98 Wallet

Coin98 can be considered a “super app” designed to connect users to the crypto world securely and safely. In addition to Coin98 Exchange, the Coin C98 project also provides Coin98 Wallet, which is integrated into the ecosystem for users. This wallet allows users to send, receive, and store thousands of different tokens easily and conveniently.

The processing speed and gas fees are also optimized to best suit users. In addition to the web-based wallet, Coin98 Wallet is available as a mobile application for iOS and Android, along with an integrated Google Chrome extension.

2.3. Coin98 Portfolio

Coin98 Portfolio helps traders manage their stored coins, track their performance, and check their status. Users can monitor their investment portfolios, track price fluctuations, and manage asset growth at any time.

• Track and manage multi-chain wallet addresses
• Real-time price data updates
• Ensured safety and security
• Monitor wallet information of top investors

2.4. Other Products of C98 Coin

In addition to the core features of the Coin98 ecosystem, widely used by the community, Coin98 Coin also offers several other functionalities, such as:

• Coin98 Terminal: A suite of DeFi tools that provides users with a seamless and comprehensive experience within the Coin98 platform.
• Token Issuer: A special feature that allows Coin98 Exchange users to create and issue their own tokens on various blockchains, naming them as they wish.

• Coin98 Multisend: This feature allows users to easily send tokens to multiple wallet addresses simultaneously. Initially, it was only available on the Coin98 Wallet extension, but later, it was also integrated into Coin98 Exchange.

Additionally, the Coin98 project is actively developing new features and upgrading several initiatives, including Coin98 Launchpad, Coin98 Lending, Coin98 NFT Marketplace, and expanding into the derivatives market with Coin98 Derivatives.

3. WHAT IS COIN C98?

Coin C98 is the native token of the Coin98 platform, powering the entire Coin98 ecosystem. The C98 token is built on Ethereum, Binance Smart Chain (BSC), and Solana.

3.1. Coin C98 Information

• Token Name: Coin98
• Symbol: C98
• Blockchain: Ethereum, BSC, Solana
• Total Supply: 1,000,000,000 C98
• Circulating Supply: 185,000,000 C98
• Market Cap: $287,845,948.77
• Current Price: $1.57
  (Price updated from C98 CoinMarketCap)

Coin C98 Smart Contract Addresses:

• ERC20: 0xae12c5930881c53715b369cec7606b70d8eb229f
• BEP20: 0xaec945e04baf28b135fa7c640f624f8d90f1c3a6
• SPL: C98A4nkJXhpVZNAZdHUA95RpTF3T4whtQubL3YobiUX9

3.2. Coin C98 Allocation

The total supply of 1,000,000,000 C98 is distributed as follows:

• Binance Launchpad Sale: 5%
• Seed Sale: 5%
• Strategic Sale: 15%
• Team & Advisors: 22%

• Treasury Reserve: 12%
• Ecosystem Development: 21%
• Community Development: 20%

3.3. Coin C98 Release Plan

The Coin C98 release schedule and unlocking timeline for each group are as follows:

	Release & Unlocking Schedule
Binance Launchpad Sale	100% released after the event (TGE)
Seed Sale	3-year vesting, 1-year lock, gradual unlock from year 2
Strategic Sale	2-year vesting, 1-year lock, token release starts in year 2
Team & Founders	4-year vesting, 1-year lock, gradual release from year 2
Advisors	3-year vesting, 1-year cliff, unlocking & release starts in year 2
Treasury Reserve	4-year vesting, 10% TGE, 1-year cliff, gradual release from year 2
Ecosystem Development	4-year vesting, 30% TGE, gradual release from year 2
Community Development	4-year vesting, 30% TGE, unlocking & gradual release from year 2

3.4. What is Coin C98 Used For?

In addition to powering the Coin98 ecosystem, Coin C98 is developed and utilized for several purposes, including:

• Service Fees: With the wide range of products and services within the ecosystem, users are required to pay fees using Coin C98.
• Platform Development: The fees collected in Coin C98 will be used as rewards for users who make positive contributions and help develop future products and services within the ecosystem.

• Governance: Coin C98 holders have the right to propose and vote on decisions regarding the platform’s features or modifications related to Coin98 Exchange and associated products. However, Coin C98 holders do not have voting rights on any management-related changes of the company.
• Membership Rights: The number of Coin C98 tokens owned by each individual will be categorized into tiers, with each tier granting different access and privileges. These may include participation in high-tier events, such as joining Coin98 Launchpad or exclusive media events with strategic partners.

4. EARNING WITH COIN C98 STAKING

This feature, released by Coin98 Labs, completes the services offered by the Coin98 ecosystem while also serving as a reward mechanism for Coin C98 holders. In addition to trading Coin98 Coin on Coin98 Exchange, traders can hold onto their coins long-term and earn passive income through staking, increasing their investment over time.

Coin C98 Staking offers fixed interest rates depending on the amount of C98 Coin you stake. If you decide to stop staking, traders can simply click Unstake to cancel the staking process, and the rewards in C98 Coin will automatically return to your wallet.

5. DOES COIN C98 HAVE POTENTIAL?

The above details provide essential information that traders need to know about the Coin98 ecosystem project. In this section, we will explore the unique aspects that have helped this cryptocurrency project attract significant attention.

5.1. Unique Aspects of the Coin C98 Project

Finance Solutes has introduced several other DeFi projects, some of which have a limitation in their ecosystem being confined to a few blockchains. However, Coin 98 stands out by supporting a diverse range of blockchains.

This achievement would not have been possible without Coin 98 establishing partnerships with various blockchains such as Polygon, Terra, Avalanche, and Fantom, as well as with decentralized exchanges (DEXs) like PancakeSwap and UniSwap.

Furthermore, since its launch, the project has continuously expanded its Coin98 ecosystem by adding numerous features and optimizing the user experience, aiming to overcome challenges and make DeFi applications more accessible and user-friendly.

Coin98 Staking is also a unique and interesting feature. In addition to earning rewards from staking Coin C98, users will receive an exclusive Stake NFT card with a customizable name and ID. This strategy is an effective way to encourage traders to buy and stake Coin C98.

5.2. Where to Buy Coin C98?

In July 2021, Coin C98 was sold in the Binance Launchpad event (the 20th launchpad event) with a total of 50,000,000 Coin C98 tokens, at a price of 1 C98 Coin = 0.075 USD. The event was completed within the sale period, raising a total of 3,750,000 USD.

Additionally, Coin C98 is currently listed on most major cryptocurrency exchanges such as Binance, Gate.io, FTX, etc., with popular trading pairs including C98/BNB, C98/BTC, C98/USDT, C98/BUSD, and others. Each exchange may offer different trading pairs with C98, so be sure to check before trading.

5.3. Where to Store Coin98 Coin?

As mentioned earlier in the Coin C98 information section, Coin C98 is supported by multiple blockchains, so it can be stored in any standard cryptocurrency wallet that traders commonly use. Additionally, the Coin 98 ecosystem provides the Coin 98 Wallet, which is a reasonable choice with high security and gives you full control over your wallet.

6. CONCLUSION 

In this article, we have covered everything you need to know about Coin C98, such as what C98 is, where it’s from, who owns it, whether it’s safe or a scam to invest in, and the potential of Coin C98. Besides its wide range of features, Coin 98 has done a great job in terms of communication strategies, providing educational content for newcomers to the market, holding competitions, and offering rewards to encourage users to own C98 coins. Lastly, whether you decide to invest in or buy C98, always be cautious and make informed decisions for your success.