KuCoin Shares Whitepaper

Abstract

Known as Kucoin Shares or KCS for short, the token issued by Kucoin Cryptocurrency Exchange
Platform maintains a total issuance volume of 200 million. After buy-back disposal, it will be a
constant – 100 million. As a decentralized cryptocurrency issued on the basis of Ethereum, also
a standard ERC 20 token based on Ethereum blockchain, KCS supports all the Ethereum
wallets.

By August 2017, market value of the global cryptocurrencies has reached $100 billion; meanwhile the worldwide daily
exchange volume has reached an astonishing $5 billion. Other than Bitcoin, new cryptocurrencies with new technologies
and features have been emerging vigorously in recent years. And their total value and exchange volume has gone over 50%
of the global market. Currently, the daily exchange volume of each worldwide top 10 platform has already reached $100
million and maintained the prosperous development. Based on the calculation of 0.1% commission, the daily income of a
vibrant platform shall reach $100,000.

KuCoin Shares Website
KuCoin Shares Whitepaper

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