KoveredPay is a decentralized token based on the Ethereum blockchain. They aim
to enable safe, reversible transactions on the blockchain. The transactions made
using KoveredPay can be reversed and/or put on hold, making KoveredPay a musthave
cryptocurrency for both merchants and buyers to ensure the safety of their
funds.
The KVP token, developed on the ERC20 pattern, has been crafted for easy transfers
between users and businesses on the blockchain. Following the standard ERC20
pattern, the tokens can be easily used and integrated on the majority of Ethereum
wallets and exchanges.
The tokens will be distributed to users via an airdrop. At the end of the airdrop, the
tokens may be used to purchase goods on the websites accepting KVP, as they
become available. Advertising campaigns will be created to spread awareness among
people about the token. Merchants will be encouraged to accept the coin on their
websites.
Airdrop: The coins will be distributed at the website with limits to ensure the
maximum spread of the tokens among the community. A total of 35M tokens will be
distributed for free during the airdrop.
-Available Tokens (Airdrop) 35,000,000 KVP
-Treasury Tokens (Lock In) 10,000,000 KVP
-Liquid Tokens 5,000,000 KVP
-Total Tokens 50,000,000 KVP
Lock In: Administration holds 15M tokens. Out of these 15M tokens, 10M have been
locked in the smart contract for a period of 6 months and the remaining 5M will be
in the liquid form.
Withdrawals: The tokens will be available for withdrawals immediately after the
claim. Users will be required to pay the gas fees for the withdrawal transaction.