Are all the coins in NGK wallet belong to AppCoin? What scenarios can it be applied?
We all know that there are thousands of virtual currencies headed by Bitcoin. Some of these virtual currencies are used in application scenarios, mainly for payment purposes, and such coins are named as AppCoin, which are more valuable because they are supported by scenarios.
As the iconic product of Token 3.0, the tokens of NGK blockchain are all enabled to circulate in the application scene, and the rich application scene helps to excavate the token value, and the value promotion realized by it in turn stimulates the vitality of the market. and certainly these applied tokens are stored in NGK wallets. Unlike most ordinary wallets, NGK digital wallets have a realistic basis and physical support. The NGK native tokens and algorithmic stable coins USDN issued by the blockchain itself, have already realized many functions such as exchange, payment and circulation in NGK wallets; there are other kinds of mainstream coins stored in NGK wallets in the future. The coins in NGK wallet are all AppCoins, there are specific application scenarios to achieve circulation value.
The general application scenarios of mainstream AppCoin are commonly seen, so what about the application scenarios of NGK AppCoin? Native token NGK is the circulation hub of the blockchain, as a means of financial payment, without exchange, it has been realized in eight sectors of finance, new energy, blockchain, red wine, biotechnology, real estate, entertainment, sports. NGK can be used directly to products in these sectors for free to buy and sell worldwide. Besides, the blockchain introduces a series of derivative incentive mechanisms, with NGK as block producer block reward and candidate node voting reward. For users who contribute to the financial ecology, NGK blockchain will take out a certain proportion of tokens to reward users, and each user who promotes NGK blockchain on a global scale will also provide token rewards.
As exchange circulating tokens, a range of user exchange and trading services can be implemented with NGK tokens, while NGK can be used as handling fees in the secondary market. NGK can also be used for financial project incubation fund support as a seed fund, financial ecological project incubation will be thriving under the support of NGK tokens.
When it comes to NGK native tokens, it has to be mentioned that the arithmetic stable coin USDN, it is also one of the applied coins in the NGK blockchain, and its role in the ecology of the blockchain cannot be ignored. As a global cross-border payment, USDN achieves more efficient and convenient transfer payment, greatly reduces the cost of payment, thus significantly improves the efficiency of transactions. USDN is expected to become the payment infrastructure of the digital money era, and even completely changes the face of the payment system at present.
On the basis of native token NGK and algorithmic stablecoin USDN, NGK blockchain creates a new digital currency application market. We have adequate reason to believe that in the near future, the NGK blockchain will become the preacher of the blockchain application scenario market.
