About NKN (NKN)
NKN is positioned as a new peer-to-peer network connectivity protocol and ecosystem. NKN establishes a public blockchain-based network employing incentivization empowered by blockchain technology and its integration with cryptocurrency. NKN seeks to establish a new kind of internet, powered and used by individuals, and therefore completely decentralized.
Individuals who establish nodes within the NKN peer-to-peer global ecosystem are incentivized to do so mainly by leveraging cryptocurrency rewards. As one of the main utilities, NKN network tokens are distributed to participants who share their unused bandwidth and network connections with other participants within the ecosystem. NKN reports having over 45,200 active nodes in operation worldwide at the time of writing.
NKN was founded in 2018 by three experienced professionals in the areas of software and blockchain technology. Yanbo Li, Zheng "Bruce" Li, and Yilun Zhang co-founded NKN, which developed on the Ethereum network and launched in July 2019. The NKN network cryptocurrency is known by its token ticker $NKN. The current price of NKN is updated and available in real-time on Binance.