Is there already something implemented on Koinos? A true usecase/DApp apart from exchanges and wallets?
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Is there already something implemented on Koinos? A true usecase/DApp apart from exchanges and wallets?
It's pretty brand new, but, the community is pretty active developing various things now that it actually exists. One is BurnKoin which is essentially a decentralized mining pool where people can participate in block production without having to run a node themselves (yes I know not super exciting, but, it is up and running and was needed nontheless). @jga also just launched Fogata which is a different mining pool solution with a twist - it is the base infrastructure for some other projects he's planning to launch. There's Koiner which is basically a block explorer with some fancy features. There have been two NFT collections launched on Koinos so far (OG-Rex and Press Badges) but there isn't anywhere to trade them (yet). Both collections sold out within a day. I am currently building Kollection with a small team. It's a digital asset trading marketplace. Obviously the classic image NFT's is the first use case, but, there are some really cool use cases for NFT's that can't be done elsewhere on non-free chains like Ethereum.... but we need this base infrastructure first which is why I'm building it. The NFT marketplace is needed for some other types of businesses to be able to exist on Koinos. KAP is being built and is sort of like Ethereum's ENS domains (the .eth things you see all over twitter) but is a bit more than that as it's really a "smart wallet" solution. It brings account abstraction to Koinos so that user's can have wallets with Mana to perform transactions but not needing to worry about their keys. It also gives people human readable names. Games are the other big use case and there are at least two rumored in development but nothing officially announced. Koinos Group recently received 500k in seed funding from Blockchain Founders Group and @Splinterlands
I cant wait for an Uniswap-style thing.
Wow not sure how I forgot that. That's KoinDX - it's coming soon to main net but you can test it on testnet now.
yeah, pretty cool free transactions make it worth it for micro-transaction pools. Will be big.
And sure also for larger volumes :D
Currently KOIN is only listed at MEXC. Is it planned to list it on larger exchanges? I guess that would increase liquidity.
What is KoinDX? Which pairs will be offered?
It's currently only listed at MEXC yes. Due to the nature of exchange listings, teams have to sign NDA's that don't allow them to discuss these listings prior to them happening. We simply won't know until they go live. Uphold (and some of their staff) have mentioned Koin quite a bit on twitter so that one in particular seems likely. It's only 3 months old, so it'll probably be awhile before you see things like Binance listings (in my opinion - could be wrong). KoinDX is like uniswap so any tokens that are on Koinos could be traded there as any pair. The software for a bridge is being tested on the testnet at the moment so we can assume once that goes live we'll start to see wrapped tokens from ETH on Koinos and also wrapped Koin on ETH. This also would give more trading pairs that could be available on KoinDX.
Many thanks for your swift and detailed responses. This is an really outstanding.
Sure no problem. I guess it's time for me to be more active on Hive again. It's honestly pretty cool that years later here I am using something that I helped build (Steem/Hive) to talk about Koinos.
Some other good resources to connect with the Koin community are their telegram and discord