CTK
No. 352Price
Markets
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- Coin Introduction
1. Project introduction
Shentu Chain was upgraded from Certik,The mission of the Shentu Chain is to empower people to trust in blockchain. By utilizing cutting-edge technologies and techniques to prove trustworthiness in the underlying systems, the Shentu Chain aims to raise the standards of security and trustworthiness in the blockchain. Founded by acclaimed computer science professors, the Shentu Chain has leveraged its team’s breakthrough research to build the world’s premier, security-first blockchain, which relies on a native digital cryptographically-secured utility token, CTK. The Shentu Chain has supported the development of a robust suite of technologies and tools to ensure that security and correctness are maintained throughout every phase of the blockchain lifecycle, from initial development to live usage.
The Shentu ecosystem is envisaged to provide end-to-end security solutions for blockchains, decentralized applications, and other mission-critical software applications.
2. Team introduction
Co-founder & CEO: Ronghui Gu
Linkedin: https://www.linkedin.com/in/guronghui/
Co-fouder: Zhong Shao
linkedin: https://www.linkedin.com/in/zhong-shao-545b754/
COO: Yaxin (Jason) Cao
Linkedin: https://www.linkedin.com/in/yaxin-jason-cao-b625657/
3. Investment institution
Insight partners, Sequoia, TIGER GLOBAL, Coatue, Lightspped, Advent international, Softbank, Hillhouse, Goldman sachs, Binance, Coinbase, Yale university
4. Application and distribution
Total supply: 102.226 M
Token application:
CTK is a non-refundable functional practical token, which will be used as a medium of exchange between participants of Shentu platform. The application of CTK is as follows:
(1) Used as an economic incentive to encourage users to contribute and maintain the ecosystem on Shentu platform.
(2) Used to pay the Gas fee, which is to motivate the decentralized node community to provide resources to verify the transaction.
(3) Used to compensate for the assets lost in the blockchain ecosystem.
(4) Used as a pledge of funds for the mine pool.
Token distribution:
Binance : 1.5%
Private Sale 1: 29.0%
Private Sale 2: 9.0%
Team: 10%
Foundation: 25%
Community Pool: 17.5%
CertiKShield Pool: 8.0%
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