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Karbun (KBN) is a cryptocurrency token launched in 2022and operates on the BNB Smart Chain (BEP20) platform. Karbun has a current supply of 321,000,000 with 0 in circulation. The last known price of Karbun is 2.14052304 USD and is up 0.00 over the last 24 hours. More information can be found at https://www.karbun.io.
What is Karbun?
Karbun is a cryptocurrency that has been introduced to the market with a focus on sustainability. It operates on the principle of being pegged to the value of carbon, which means its value is directly linked to carbon credits or the price of carbon in the environmental sector. This innovative approach aims to leverage blockchain technology not just for financial transactions but to encourage and promote environmental sustainability.
By aligning its value with carbon, Karbun seeks to incentivize individuals and businesses to participate in carbon reduction activities. The idea is to create a financial mechanism that rewards carbon-saving measures, thereby contributing to the global efforts against climate change. The use of blockchain technology ensures transparency, security, and efficiency in these transactions, making it easier for participants to verify the impact of their contributions towards sustainability.
As with any cryptocurrency, it's important for potential investors or participants to conduct thorough research before engaging with Karbun. Understanding the mechanisms of how it is pegged to carbon values, the blockchain technology it uses, and its potential impact on sustainability efforts is crucial. This knowledge will help in making informed decisions regarding participation in Karbun or any similar initiatives aimed at leveraging cryptocurrencies for environmental sustainability.
How is Karbun secured?
The security framework of Karbun incorporates a multifaceted approach to ensure the integrity and safety of its ecosystem. This strategy includes conducting thorough audits, implementing multi-signature verification processes, and applying a 24-hour timelock on transactions. These measures collectively contribute to the robust security posture of Karbun.
Audits play a critical role in identifying vulnerabilities and ensuring that the codebase adheres to the highest security standards. By undergoing regular and comprehensive audits, Karbun demonstrates its commitment to maintaining a secure environment for its users.
The use of multi-signature verification adds an additional layer of security. This requires multiple parties to sign off on transactions before they can be executed, significantly reducing the risk of unauthorized access or fraudulent activities.
The implementation of a 24-hour timelock on transactions provides users with a window to review and potentially cancel any transaction. This feature acts as a safeguard against hasty decisions or malicious attempts to compromise user funds.
The development and deployment of bridges within the Karbun ecosystem are led by a dedicated team, ensuring that each bridge meets the stringent security requirements. This not only enhances the security of the ecosystem but also fosters trust among users.
The core team and lead developers, based in the US, have undergone a thorough doxxing and Know Your Customer (KYC) process. This transparency about the team's identity and background adds an additional layer of trust and security for users.
In summary, Karbun's security measures, including audits, multi-signature verification, a 24-hour timelock, and the transparent and verified background of its development team, collectively create a secure and trustworthy environment for its users.
How will Karbun be used?
Karbun operates as a versatile cryptocurrency token within the digital asset ecosystem. Primarily, it functions on the BNB Smart Chain platform, highlighting its integration with one of the leading blockchain networks. This foundational aspect ensures that Karbun benefits from the robust security and efficiency of the BNB Smart Chain, facilitating smooth transactions.
The token's utility extends beyond mere transactions; it plays a pivotal role in the ecosystem of decentralized finance (DeFi). Investors can buy, sell, and transfer Karbun across various cryptocurrency exchanges, making it accessible to a broad audience interested in diversifying their digital asset portfolios.
One of the key features of Karbun is its involvement in project funding through the Karus Starter launchpad. This platform is dedicated to nurturing new projects, particularly those developing on Substrate and other blockchain technologies. By using Karbun, investors can participate in the early stages of innovative projects, potentially contributing to the growth and success of new ventures in the blockchain space.
Moreover, Karbun's utility spans several market sectors, including the entertainment industry, where it can be used as a form of payment for goods and services. This broad applicability underscores Karbun's potential as a multifaceted digital currency, capable of meeting various user needs.
In addition to its practical uses, Karbun also serves as a tool for earning and trading. Its presence on decentralized exchanges allows for technical analysis and strategic trading decisions, catering to both novice and experienced traders. Furthermore, its potential as a store of value adds another layer to its appeal, offering users a digital asset that could maintain or increase its worth over time.
It's important for individuals to conduct thorough research and consider their financial situation before engaging in cryptocurrency investments. The dynamic nature of digital assets means that while there are opportunities for growth, there are also risks involved.
What key events have there been for Karbun?
Karbun has experienced several pivotal moments that have significantly shaped its trajectory within the cryptocurrency landscape. Among these, the launch of Karus Starter stands out as a foundational event. This initiative aimed to establish itself as the leading Initial DEX Offering (IDO) platform for projects that prioritize safety and legitimacy. By offering a bridge for emerging projects to collaborate with seasoned experts and established entities, Karus Starter has positioned itself as a crucial player in supporting the growth and development of new ventures in the blockchain space.
Further emphasizing its commitment to fostering innovation, Karus Starter has hosted strategic sales spotlights, such as the one for Pontis, showcasing its dedication to highlighting promising projects and facilitating their entry into the market. These efforts underscore Karus Starter's role in not just launching projects but also in ensuring they receive the attention and support necessary for success.
In addition to these foundational events, Karbun has marked its presence in the cryptocurrency market through significant milestones such as a notable surge in its token price in 2024 and its successful launch on a major cryptocurrency exchange platform. These achievements reflect Karbun's growing influence and acceptance within the broader cryptocurrency ecosystem.
Moreover, Karbun has actively engaged in initiatives aimed at mitigating the environmental impact of cryptocurrency operations. This approach not only highlights Karbun's commitment to sustainability but also positions it as a forward-thinking player in an industry increasingly concerned with its environmental footprint.
Attracting substantial investments, Karbun has solidified its standing as a strong market player. This financial backing is indicative of the confidence investors have in Karbun's potential and its strategic direction.
As with any investment in the cryptocurrency space, it's important for individuals to conduct thorough research and consider the inherent risks. Karbun's journey, marked by strategic initiatives and significant milestones, illustrates its evolving role in the blockchain ecosystem and its potential path forward.
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The live Karbun price today is $2.86 USD with a 24-hour trading volume of $117,058 USD. We update our KBC to USD price in real-time. Karbun is up 0.55% in the last 24 hours. The current CoinMarketCap ranking is #3644, with a live market cap of not available. The circulating supply is not available and a max. supply of 321,000,000 KBC coins.