The RAKUN Token is a Crypto Asset (Utility Token) based on Ethereum’s ERC20 standard. The higher the quality of contributed content by a user, the more RAKU that User receives from the RAKUN Reward System. The maximum amount of RAKU to be issued is 500 million, 150 million of which is reserved for the result pool where over the next 20 years it will be given to users and content managers. Within the RAKUN Ecosystem we intend to have RAKU circulate as a common currency in not just Crypt-Oink but other games as well. Users who perform certain tasks or otherwise contribute toward the community will acquire RAKU as a reward which can be used to “tip” others or purchase items. Utilization of the reward system will spur on the circulation of RAKU and expand the RAKUN Ecosystem itself.
The Ethereum scalability project SKALE received a massive response as it raised $5 million by selling 167 million SKL tokens using the ConsenSys’s Codefi tool Activate.
Upbots trading platform announced the IEO for its UBXT utility token which will be hosted by the FTX known to be an industry-leading crypto derivatives exchange. In this way Upbots wants to make one dashboard for both professionals and amateurs.
TronWallet has launched an In-App Offering of KLV inside the wallet’s built-in Swap tool, before KLV gets officially listed on both top-tier exchanges and DEXs.
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