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About Kovrita(USDk)

What problem does Kovrita - Decentralized Hedged Stablecoins solve? (or: what human need does it satisfy?) and how exactly does it do so?

The project team's ultimate goal is to make a major contribution within the cryptographic space, by not only developing the tools and platforms for exchanging digital assets exclusively for trading and investment purposes but also to facilitate the expansion of blockchain technology usage into wider areas of people’s everyday activities and interactions

How is the idea monetized? How do the token holders profit?

1. Early Adopters Are Rewarded The Most. 2. All Kovrita Stablecoins holders become stakeholders automatically and earn from system usage fees.

Other Important Info

Starting from the creation of Kovrita US Dollar coin (USDk), the primary focus of the project is to create a set of stablecoins, representing major fiat and cryptographic currencies. From the very beginning of project operations and in its innovative path to the complete decentralization of such coins, we are utilizing the model of distributed ownership and custodianship of the assets which are hedging the Kovrita coins.

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Kovrita's team members.

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Tokenomics

Token Info

Price: 1 USD = 1 USDk Soft Cap: 10000 USD Hard Cap: 10000000000 USD Buy with: Over 130 cryptocurrencies Platform: Ethereum Location: Distributed Ownership Restricted: No Restrictions, pending local representations

Other Info

MVP/Prototype: Yes Escrow: No Category: Exchange & Trading

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What problem does Kovrita - Decentralized Hedged Stablecoins solve? (or: what human need does it satisfy?) and how exactly does it do so?

The project team's ultimate goal is to make a major contribution within the cryptographic space, by not only developing the tools and platforms for exchanging digital assets exclusively for trading and investment purposes but also to facilitate the expansion of blockchain technology usage into wider areas of people’s everyday activities and interactions

How is the idea monetized? How do the token holders profit?

1. Early Adopters Are Rewarded The Most. 2. All Kovrita Stablecoins holders become stakeholders automatically and earn from system usage fees.

Other Important Info

Starting from the creation of Kovrita US Dollar coin (USDk), the primary focus of the project is to create a set of stablecoins, representing major fiat and cryptographic currencies. From the very beginning of project operations and in its innovative path to the complete decentralization of such coins, we are utilizing the model of distributed ownership and custodianship of the assets which are hedging the Kovrita coins.

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