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by tim333 1894 days ago
Gosh, they are actually trading https://coinmarketcap.com/currencies/kucoin-token/

Trading volume $55k Fully Diluted Market Cap $162bn

And have a pilot use going shown here https://youtu.be/sxBw2SQ5dCE?t=13

In the white paper they allocate 15% of coin supply to team and advisors so I guess that's a theoretical $24bn worth of tokens for their trouble, not that they could sell many at those trading volumes.

I agree it sounds pretty sketch.