SINGAPORE, May 17, 2023 /PRNewswire/ -- Coinstore.com, a leading global platform for cryptocurrency and blockchain technology, announces the listing of JFIN Chain, a proof-of-stake blockchain designed to support decentralised applications, particularly in the areas of DeFi, GameFi, and NFTs.
JFIN Chain is a proof-of-stake blockchain designed to support decentralised applications, particularly in the areas of DeFi, GameFi, and NFTs. The project aims to provide a fast and secure platform for developers to build and deploy their applications, while also providing opportunities for users to participate in staking and earn rewards for validating transactions on the network.
One of the main problems that JFIN Chain aims to solve is the scalability issues faced by many existing blockchains, particularly in terms of transaction speed and throughput. JFIN Chain's block time of 3 seconds allows for fast and efficient processing of transactions, while its PoS consensus mechanism ensures security and decentralisation.
JFIN Coin token (JFIN) Token Overview
- Token Name: Token
- Token Symbol: JFIN
- Total Supply: 300,000,0000
- Initial Circulating Supply: 100,000,000
- Trading Pair: JFIN/USDT
- Trade time2023/05/17 13:00UTC+8
- Withdrawal time2023/05/17 13:00UTC+8
What are the utilities of tokens?
The JFIN token is the native token of the JFIN Chain and is used for transaction fees (gas fees) as well as staking rewards. Token holders can stake their tokens to participate in the validation of transactions and earn rewards, and they also have the ability to participate in the governance of the network by voting on proposals. Developers can use JFIN tokens to pay for transaction fees when deploying their decentralized applications on the JFIN Chain. Additionally, a portion of the validator rewards is allocated to JFIN token holders staked on the nodes that are granted the right to create the blocks, incentivizing them to participate in the network and contribute to its growth.
Which part does the project ecosystem include?
The JFIN project benefits from a robust business ecosystem provided by Jaymart Group in Thailand. With their extensive resources and expertise, Jaymart Group plays a pivotal role in supporting the JFIN Chain, a proof-of-stake blockchain network. This collaboration enables JFIN to tap into Jaymart Group's established presence and market knowledge, facilitating the project's expansion into the Southeast Asia (SEA) market.
A core focus of the JFIN Chain is to foster a thriving Developer Community, promoting innovation and technological advancements within the blockchain space. By creating a collaborative environment for developers, JFIN Chain encourages the creation of decentralized applications (dApps), smart contracts, and other blockchain-based solutions.
Through the partnership with Jaymart Group's business ecosystem and the emphasis on building a strong Developer Community, JFIN Chain is well-positioned for growth in Thailand and the broader SEA region. This comprehensive approach combines business acumen, technological progress, and community-driven innovation, ensuring the project's success.
JFIN Official Media
For more information about JFIN, please visit:
- Documents: https://www.jfincoin.io/whitepaper
- Official website: https://www.jfincoin.io/
- Twitter: https://twitter.com/jfinofficial
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