King Token (KGT) for ETH Total Supply
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Mining TELEGRAM

Please install/unlock Metamask to view Rates and Supply information.


Deflationary




KGT are Burned on Every Transfer
Current Burning Rate: -%

Mineable




Effortless Proof of Stake Mining
Current Daily Return: -%

Trusted




King Centralized Monetary Authority
Regulate Token Supply and Policies


What is King Token?


King Token (KGT) is a ERC20 compatible Crypto Token hosted on the Ethereum Blockchain. It is the first Deflationary AND Mineable Token, with its own Centralized Monetary Authority (KCMA) that actively calibrates the Deflation (Burning) rate and the Inflation (Mining) rate, in order to regulate the Token Supply and create a wealth generation effect for all the King Token holders.

You can check King Token (KGT) on Etherscan at: https://etherscan.io/token/0xfe417d8eef16948ba0301c05f5cba87e2c1c51c8

Burning (Deflationary Mechanism)


The King Tokens adopt a Deflationary built-in Mechanism, also known as "burning". Every time a transfer of King Tokens takes place, a % (burning rate) of the amount of transfered tokens is destroyed ("burned").
The Deflationary Mechanism is essential to keep the Total Supply of King Tokens in check, and create a "scarcity" effect, giving monetary value to the Token itself whenever needed.

Proof of Stake Mining (Inflationary Mechanism)


King Tokens can be "Mined", with a Proof of Stake mechanism. Proof of Stake means that in order to Mine King Tokens, you need to already posses an amount of them, and you can "Stake" (freeze) them. Once Froozen, you will earn a passive interest (in King Tokens), thus creating them. Proof of Stake Mining do not need you to use a CPU or GPU (like with POW mining), you don't even need an internet connection or to perform any activity.

You are free to withdraw your earned tokens at any time, you can as well freeze (re-invest) them, letting your stake grow and your passive income as well. There is no minimum/maximum limit to the amount of King Tokens that can be frozen and unfrozen at any time.

Frozen Tokens are 100% safe, stored by the official ERC20 King Token Smart-Contract. They cannot be stolen, hacked, compromised, damaged, etc.

Disclaimer: KingToken is a defi Games ecosystem based on blockchain, fair and transparent. KingToken and all games (dapps) in kingtoken.org are entertainment vehicles and not investment products, and may include a certain degree of risk. Players should be aware of these risks and govern themselves accordingly. Recognising that the laws and regulations involving cryptocurrency and gaming are different everywhere, players are required to check with the laws that exist within their own jurisdiction or region to ascertain the legality of the activities which are covered by these games. By interacting with kingtoken.org you agree to these terms and conditions.

Copyright 2019 King Token (KGT)