Bitkub launches KUB Coin and brings 11 leading partners to become Validator Node on Bitkub Chain! For the first time a blockchain and digital xo slot asset company in Thailand. Has built its own Blockchain network to become a technology leader to take Thai companies to the world. Along with the creation of Bitkub Coin (KUB) on the Bitkub Chain, a Thai blockchain network Designed to drive the realization of blockchain applications in the business sector. It also revealed a list of joint partners of 11 leading companies as the first validator node (V1).

What is Bitkub Coin?
Bitkub Coin (KUB) is a Native Coin that serves as a Utility Coin on the Bitkub Chain, a blockchain network developed by Bitkub Blockchain Technology Co., Ltd., all clients on the trading board can bring KUB Coin (in V1 version). Exchange for Fee Credit to reduce trading fees on the Bitkub trading board, while developers interested in building applications on the Bitkub Chain can use KUB tokens as a gas fee or as a transaction fee on the blockchain. As well

What is the Bitkub Chain network?
Bitkub Chain is a blockchain network developed by Bitkub Blockchain Technology Company Limited.It is a blockchain full-solution service company and an ICO (Initial Coin Offering) consultant to organizations or entrepreneurs looking to leverage. Business with Blockchain Technology It is a member of Bitkub Capital Group Holdings Limited, as well as Bitkub Online Co., Ltd., Thailand's leading provider of digital asset exchange.

Bitkub Chain aims to be a blockchain network for everyone. Allowing developers to create applications To drive real business use cases of blockchain in industrial sectors such as Decentralized Exchange (DEX), Decentralized Finance (DeFi) or Decentralized Application (DApp), etc.

It is initially targeted for domestic use and is universally available as a feature of the blockchain that will help streamline many business management processes. Have a shorter time Therefore, it can save the budget and administrative expenses. As well as enabling liquidity of various assets through a process known as Tokenization, the Bitkub Chain network is able to monitor and create new blocks on the network in just a few seconds. While keeping fees low per transaction By using a Proof of Authority Consensus Algorithm system.

The first phase of the Bitkub Chain will use a Proof of Authority (PoA) Consensus Algorithm, with organizations that have already joined the Validator Node as follows:

TPCS Public Company Limited
Siam Ratchathani Public Company Limited
Pro Encorp Public Company Limited
Ananda Development Public Company Limited
SiS Distribution (Thailand) Public Company Limited
Saha Pathanapibul Public Company Limited
TwoC2P (Thailand) Co., Ltd.
Getings (Thailand) Co., Ltd.
Huawei Technology (Thailand) Company Limited
SIX Network PTE. Ltd.
SmartContract Blockchain Studio
Upon entering the next phase, Bitkub Chain will switch from PoA to Proof of Staked Authority (PoSA) and then to full Proof of Stake (PoS) respectively.

Bitkub Chain was born from the idea of ​​Khun Sakon Sakui, Co-founder and Chairman of Bitkub Group. That want Thai people to have a blockchain network owned by Thais Because in the past, we used Infrastruture Always foreign goods This makes it impossible to create or meet the needs of use and is expensive. Bitkub Chain is a network that can be used in the real business sector. By enabling the network to create new blogs quickly. And maintain low fees (Gas Fee) instead of having to rely on foreign blockchain networks with high fees.

Recently, there is a project taking place on the Bitkub Chain, the Fans Token, that transforms the reputation of influencers into digital coins. The co-founders are Bie the Ska, VRZO Channel, Kyutae Oppa, Kaykai Salaider, and Spriteder SPD.These co-founders are Youtubers with more than 40 million total followers, for the first time ever viewers have been able to earn coins. It is obtained by watching the YouTube video and it has more than 100,000 accounts on the Bitkub NEXT platform after its launch a few weeks ago. And the distribution of NFT cards, famous Esport athletes from the PUBG Thailand Open Summer 2021: Road to PCS 4 APAC presented by Bitkub competition, which has more than 60,000 visitors per time, resulting in more than 100,000 users to open the wallet on Bitkub NEXT. More than 1.4 million NFTs were scanned and collected.

In the future, there will be a NFT Marketplace that will serve as a marketplace for users to trade in a wider variety of collectibles in the form of NFTs. You can see more details from this link.

Bitkub has distributed Bitkub Coin (KUB) through an airdrop activity to customers who have accumulated trading volume from the date of identity verification until 12 May 2021 at 7:49:40 p.m. by each customer. May receive different amounts of Bitkub Coins. With the following coin distribution criteria

Group 1: Customers with a trading volume of 1 baht - 1,000,000.99 baht will receive 16 KUB.
Group 2: Customers with a trading volume of 1,000,001 baht - 5,000,000.99 baht will receive 66 KUB.
Group 3: Customers with a trading amount of 5,000,001 baht or more