Kolion to USD Price Chart

What is the current price of Kolion (KLN)?

The current price of Kolion (KLN) is $ 0.73243755.

What is Kolion (KLN)?

Kolion is a digital token used in the Kolionovo ecosystem, as described on its website, kolionovosystem.com. It was initially conceptualized as a way to escape the traditional banking system and to help foster a more sustainable, community-centric economic model. The token is designed to be used as a medium of exchange among users within the Kolionovo system for goods and services.

Who made Kolion?

Kolion was created by Mikhail Shlyapnikov, a farmer from Kolionovo, Russia. He introduced the Kolion as a way to circumvent the economic pressures facing traditional financial systems and promote a self-sustainable model based on reciprocal trade of goods and services within his rural community.

How does Kolion work?

Kolion works by facilitating exchange of goods and services within its ecosystem. Unlike traditional currencies, there's no central authority regulating the production and distribution of Kolions. Instead, the community collectively produces and exchanges Kolions based on their needs. The value of Kolion largely stems from the trust, cooperation and real-world assets and labor within the Kolionovo community.

What makes Kolion unique?

Kolion is unique because its value is directly linked to real-world goods and services provided by the Kolionovo community. Additionally, it's not regulated by any central banking or monetary authority and operates independently of the mainstream financial systems.

How is the Kolion system secured?

As a digital token, Kolion leverages cryptographic protocols to ensure the security and integrity of transactions. The specific cryptographic technology and methods used to secure the Kolion system are not explicitly stated on the Kolion website, so users should conduct their own research or consult a security expert when considering using Kolion.

How many Kolions are in circulation?

There are currently 1.0M Kolions in circulation.

What is Kolion's market cap and trading volume?

The total market capitalization of Kolion (KLN) amounts to $ 0.7M. Meanwhile, the 24-hour trading volume stands at .

Where can you buy Kolion (KLN)?

Kolion (KLN) can be bought on Tidex. Please remember that purchasing digital tokens involves risk, and you should only trade what you can afford to lose. Always do your own research and consider your financial situation carefully before making any investment decisions.

How can you keep your Kolion safe?

Keeping your Kolion safe primarily involves securing your digital wallet. Use a wallet that offers robust security features. Always remember to back up your wallet and keep your backup and private keys offline to prevent them from being stolen by hackers. Avoid sharing sensitive information about your wallet and cryptocurrency holdings with others.

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