Keninah Concord: Saving the world with blockchain-based solutions

by Arthur · August 18, 2022

Decentralized finance, DeFi, has created a new approach to the financial world, by eliminating traditional intermediaries and implementing blockchain-related technologies, such as wallets, digital assets and smart contracts, and piggybacking on DeFi a good example of this is Keninah Concord (KEN), which is a new crypto token.

Keninah Concord (KEN) will remove the current problems surrounding transparent and traceable donations to war victims, and increase the faith donors have lost in humanitarian aid organizations through the elements of decentralized finance.

Table of Contents

What is Keninah Concord (KEN)?

Keninah Concord (KEN) is a decentralized platform that leverages the benefits of DeFi to provide donors with complete transparency and fast delivery. Keninah Concord (KEN) is focused on the nonprofit sector and how integrating distributed ledger technology can bring enormous benefits to users.

Keninah Concord (KEN) intends to address donors’ concerns regarding misappropriation of funds and errors in transactions by creating a giving channel that removes financial intermediaries and other factors that pose a risk to the equitable distribution of collective charitable funds .

Donors on the platform will be assured complete transparency and accountability, as the network provides receipts with full details of each transaction stored on the blockchain, and tracking is available to monitor the movement of the token and witness its eventual use.

The platform will support smart contract functionality, enforce an immutable system, with an emphasis on overall security that ensures that the transfer of funds is only carried out when the agreed conditions are met.

Furthermore, Keninah Concord (KEN) intends to build a permissionless blockchain that can be operated by any non-profit organization and allow them to enjoy the benefits that the Keninah Concord (KEN) network provides, in the form of an emotionless system, complete decentralization, and higher TPS.

Keninah Concord (KEN) Tokenomics

Like all other blockchain powered platforms, Keninah Concord has a token and its initial token is called KEN and it is limited to five billion for supply.

The Keninah Concord (KEN) token has a smart contract and a 10% fee on each transaction. The 10% and 5% of this will be sent to the Keninah Concord (KEN) donation wallet.

KEN will also act as the governing token, giving donors absolute power regarding decisions made on the platform. Cryptocurrency donations will also be converted to KEN and then exchanged to the local fiat currency of the intended destination.

Has Keninah Concord(KEN) started pre-sale?

Already in phase one of the pre-sale, Keninah Concord (KEN) has received positive attention from buyers due to the profit system in place. Buyers who get the token with Ethereum (ETH) get 11% extra KEN tokens to their wallet, with 12% more when bought with Solana (SOL) and 14% more when bought with Tether USDT on the TRON network.

In addition, purchasing $200 of KEN gives a total token bonus of 2%, and earnings of up to $30 in KEN when the buyer uses the referral code. So it can be a great way to earn extra money, which will make the platform more popular.

Keninah Concord (KEN)

Pre-sale: http://join.keninah.io/
Website: http://keninah.io/
Telegram:

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