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Kyber Network Crystal (KNC) is a blockchain-based protocol where developers can build payment flows, applications and token swaps. The network allows anyone to swap a token instantly without the use of an exchange. Their ERC20 utility token, KNC, aims to build a community of stakeholders who determine the incentive of the system. KNC holders also get voting rights on the Kyber Network platform for issues such as fees and distributions, along with other vital decisions. Users can use KNC to pay for loans, collateral and margin trading on DeFi platforms. You can read more about KNC on their official website.
Kyber Network is a Singapore-based company that was co-founded in 2017 by Loi Luu, Victor Tran and Yaron Velner.
Kyber Network has a supply of 200 million tokens and a max supply of 210 million tokens.
The Kyber Network held their Initial Coin Offering (ICO) in September, 2017 where they raised $48 million.
Kyber Network has as a circulating supply of exactly 198,275,485 KNC tokens.
Kyber Network Crystal's name comes from the crystals used to power lightsabers in Star Wars.
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European company, founded in 2014 in Vienna, Austria
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