What is Coin98(C98) Token?

Modified on Tue, 06 Feb 2024 at 12:37 PM

The C98 token is a utility token of the DeFi platform called Coin98, developed by Coin98 Labs. This token is designed to power the entire ecosystem and is multichain, operating on Ethereum, Binance Smart Chain (BSC), Solana, Polygon, and Viction. It plays an important role in operating the ecosystem and simultaneously rewards token holders, granting rights in the long-term development.

Coin98 considers itself a protocol designed to democratize access to DeFi products. The projects built on this protocol include decentralized exchanges, online governance, blockchain-based games, and more, providing DeFi users with convenience without requiring in-depth blockchain knowledge to participate.

Founder of Coin98

Coin98 has members who are a 100% Vietnamese team, mostly with years of experience in developing cryptocurrency products. The platform was co-founded by Thanh Le and Nguyen The Vinh.

Thanh Le is the founder of Coin98 Finance and also a Serial Entrepreneur who focuses on creating new companies and diverse businesses in the blockchain industry. He is also the initial investor in projects, such as ThorChain, Band Protocol, and Alpha Finance. His involvement with digital currencies began in the early days of the Coin98 community, evolving into the Coin98 we know today. In addition to his work at Coin98, he serves as an advisor for various cryptocurrency projects both within and outside of Vietnam.

As for Nguyen The Vinh, he is the co-founder on the technical side and is responsible for the development of Coin98 products.


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