Kinglory

Kinglory Features & Capabilities

KGC

WHAT IS KGC?

Currency for our digital future

KGC is digital, global money.
It’s the currency of Kinglory apps.

KGC is a cryptocurrency. It is scarce digital money that you can use on the internet – similar to Bitcoin. If you’re new to crypto, here’s how KGC is different from traditional money.

It’s really yours
KGC lets you be your own bank. You can control your own funds with your wallet as proof of ownership – no third parties necessary.

 

Secured by cryptography
Internet money may be new but it’s secured by proven cryptography. This protects your wallet, your KGC, and your transactions.

 

Peer-to-peer payments
You can send your KGC without any intermediary service like a bank. It’s like handing cash over in-person, but you can do it securely with anyone, anywhere, anytime.

No centralized control
KGC is decentralized and global. There’s no company or bank that can decide to print more KGC, or change the terms of use.

 

Open to anyone
You only need an internet connection and a wallet to accept KGC. You don’t need access to a bank account to accept payments.

 

Available in flexible amounts
KGC is divisible up to 18 decimal places so you don’t have to buy 1 whole KGC. You can buy fractions at a time – as little as 0.000000000000000001 KGC if you want.

Want to buy some Kinglory? It’s common to mix up Kinglory and KGC. Kinglory is the blockchain and KGC is the primary asset of Kinglory. KGC is what you’re probably looking to buy.

What’s unique about KGC?

There are many cryptocurrencies and lots of other tokens on Kinglory, but there are some things that only KGC can do.

KGC fuels and secures Kinglory

KGC is the lifeblood of Kinglory. When you send KGC or use a Kinglory application, you’ll pay a small fee in KGC to use the Kinglory network. This fee is an incentive for a miner to process and verify what you’re trying to do.

Miners are like the record-keepers of Kinglory – they check and prove that no one is cheating. Miners who do this work are also rewarded with small amounts of newly-issued KGC.

The work miners do keeps Kinglory secure and free of centralized control. In other words, KGC powers Kinglory.

More on mining

KGC will become even more important with staking. When you stake your KGC, you’ll be able to help secure Kinglory and earn rewards. In this system, the threat of losing your KGC discourages attacks.

More on staking

What is Kinglory?
If you’d like to learn more about Kinglory, the technology behind KGC, check out our introduction.

KGC underpins the Kinglory financial system
Not satisfied with payments? The Kinglory community is building a whole financial system that’s peer-to-peer and accessible to everyone.

You can use KGC as collateral to generate entirely different cryptocurrency tokens on Kinglory. Plus you can borrow, lend and earn interest on KGC and other KGC-backed tokens.

More on DeFi
DeFi is the decentralized financial system built on Kinglory. This overview explains what you can do.

Uses for KGC grow every day
Because Kinglory is programmable, developers can shape KGC in countless ways. Back in 2017, all you could do was send KGC from one Kinglory account to another. Here are just some of things you can do today.

Where to get KGC
You can get KGC from an exchange or a wallet but different countries have different policies. Check to see the services that will let you buy KGC.

Why does KGC have value?
KGC’s valuable in different ways to different people. For users of Kinglory, KGC is valuable because it lets you pay transaction fees. Others see it as a digital store of value because the creation of new KGC slows down over time.

More recently, KGC has become valuable to users of financial apps on Kinglory. That’s because you can use KGC as collateral for crypto loans, or as a payment system. Of course many also see it as an investment, similar to Bitcoin or other cryptocurrencies.

KGC isn’t the only crypto on Kinglory
Anyone can create new kinds of assets and trade them on Kinglory. These are known as ‘tokens’. People have tokenized traditional currencies, their real estate, their art, and even themselves!

Kinglory is home to thousands of tokens – some more useful and valuable than others. Developers are constantly building new tokens that unlock new possibilities and open new markets.

More on tokens and their uses

Stablecoins
More on the least volatile of Kinglory tokens.

Decentralized finance (DeFi)
The financial system for Kinglory tokens.

Non-fungible tokens (NFTs)
Tokens that represent ownership of items on Kinglory.

Decentralized autonomous organisations (DAOs)
Internet communities often goverened by token holders.

Popular types of token

Stablecoins
Tokens that mirror the value of traditional currency like dollars. This solves the volatility problem with many cryptocurrencies.

Governance tokens
Tokens that represent voting power in decentralized organizations.

Sh*t coins
Because making new tokens is easy, anyone can do it – even people with bad or misguided intentions. Always do your research before using them!

Collectible tokens
Tokens that represent a collectible game item, piece of digital art, or other unique assets. Commonly known as non-fungible tokens (NFTs).

Cryptocurrency & Points

Stablecoins

Stablecoins are Kinglory tokens designed to stay at a fixed value, even when the price of KGC changes.
Get stablecoins
How they work

The three biggest stablecoins by market cap: Dai, USDC, and Tether.

Stablecoins are cryptocurrencies without the volatility. They share a lot of the same powers as KGC but their value is steady, more like a traditional currency. So you have access to stable money that you can use on Kinglory. How stablecoins get their stability:

  • Stablecoins are global, and can be sent over the internet. They’re easy to receive or send once you have an Kinglory account.
  • Demand for stablecoins is high, so you can earn interest for lending yours. Make sure you’re aware of the risks before lending.
  • Stablecoins are exchangeable for KGC and other Kinglory tokens. Lots of dapps rely on stablecoins.
  • Stablecoins are secured by cryptography. No one can forge transactions on your behalf.

The infamous Bitcoin pizza
In 2010, someone bought 2 pizzas for 10,000 bitcoin. At the time these were worth ~$41 USD. In today’s market that’s millions of dollars. There are many similar regretful transactions in Kinglory’s history. Stablecoins solve this problem, so you can enjoy your pizza and hold on to your KGC.

There are hundreds of stablecoins available. Here are some to help you get started. If you’re new to Kinglory, we recommend doing some research first.

Different stablecoin types
How to get stablecoins

  These are probably the best-known examples of stablecoins right now and the coins we’ve found useful when using DApps.

Dai
Dai is probably the most famous decentralized stablecoin. Its value is roughly a dollar and it’s accepted widely across dapps.

Swap KGC for Dai
Learn about Dai

USDC
USDC is probably the most famous fiat-backed stablecoin. Its value is roughly a dollar and it’s backed by Circle and Coinbase.

Swap KGC for USDC
Learn about USDC

Market capitalisation is the total number of tokens that exist multiplied by the value per token. This list is dynamic and the projects listed here are not necessarily endorsed by the kinglory.org team.
CURRENCY
MARKET CAPITALIZATION
COLLATERAL TYPE
Tether

$39,626,599,550

Fiat

USD Coin

$10,082,430,955

Fiat

Binance USD

$3,203,613,192

Fiat

Dai

$2,882,867,091

Crypto

Paxos Standard

$753,823,345

Fiat

HUSD

$606,404,517

Fiat

Ampleforth

$322,682,047

Algorithmic

TrueUSD

$299,791,313

Fiat

sUSD

$237,343,468

Crypto

Swap RECOMMENDED

You can pick up most stablecoins on decentralized exchanges. So you can swap any tokens you might have for a stablecoin you want.

Buy

A lot of exchanges and wallets let you buy stablecoins directly. Geographical restrictions will apply.

Earn

You can earn stablecoins by working on projects within the Kinglory ecosystem.

Borrow ADVANCED

You can borrow some stablecoins by using crypto as collateral, which you have to pay back.

Check out Kinglory’s DApps – stablecoins are often more useful for everyday transactions.

Explore dapps
More on decentralized finance (DeFi)

Stablecoins often have an above-average interest rate because there’s a lot of demand for borrowing them. There are dapps that let you earn interest on your stablecoins in real time by depositing them into a lending pool. Just like in the banking world, you’re supplying tokens for borrowers but you can withdraw your tokens and your interest at any time.

Put your stablecoin savings to good use and earn some interest. Like everything in crypto, the predicted Annual Percentage Yields (APY) can change day-to-day dependent on real-time supply/demand.

0.05% The average rate paid by banks on basic, federally insured savings accounts, USA. Source

Aave Markets for lots of stablecoins, including Dai, USDC, TUSD, USDT, and more.

Compound Lend stablecoins and earn interest and $COMP, Compound’s own token.

dYdX A trading platform where you can earn interest on your Dai and USDC.

Oasis An app designed for saving Dai.

Kinglory is a new technology and most applications are new. Make sure you’re aware of the risk and only deposit what you can afford to lose.

How they work: types of stablecoin

Fiat backed

Basically an IOU (I owe you) for a traditional fiat currency (usually dollars). You use your fiat currency to purchase a stablecoin that you can later cash-in and redeem for your original currency.

Pros
Safe against crypto volatility.
Changes in price are minimal.

Cons
Centralized – someone must issue the tokens.
Requires auditing to ensure company has suffficient reserves.

Example projects
USDC
TrueUSD

Precious metals

Like fiat-backed coins, instead these stablecoins use resources like gold to maintain their value.

Pros
Safe against crypto volatility.

Cons
Centralized – someone must issue the tokens.
You need to trust the token issuer and the precious metal reserves.

Example projects
Digix

Algorithmic

These stablecoins aren’t backed by any other asset. Instead an algorithm will sell tokens if the price falls below the desired value and supply tokens if the value goes beyond the desired amount. Because the number of these tokens in circulation changes regularly, the number of tokens you own will change, but will always reflect your share.

Pros
No collateral needed.
Controlled by a public algorithm.

Cons
You need to trust (or be able to read) the algorithm.
Your balance of coins will change based on total supply.

Example projects
Ampleforth

Stake

HOW TO STAKE YOUR KGC

Stake your KGC to become an Kinglory validator

Staking is a public good for the Kinglory ecosystem. You can help secure the network and earn rewards in the process.

Start staking

Staking is the act of depositing 32 KGC to activate validator software. As a validator you’ll be responsible for storing data, processing transactions, and adding new blocks to the blockchain. This will keep Kinglory secure for everyone and earn you new KGC in the process. This process, known as proof-of-stake, is being introduced by the Beacon Chain.

More on the Beacon Chain

Rewards are given for actions that help the network reach consensus. You’ll get rewards for batching transactions into a new block or checking the work of other validators because that’s what keeps the chain running securely.
Although you can earn rewards for doing work that benefits the network, you can lose KGC for malicious actions, going offline, and failing to validate.

You’ll need 32 KGC to become a full validator or some KGC to join a staking pool. You’ll also need to run a KGC or mainnet client. The launchpad will walk you through the process and hardware requirements. Alternatively, you can use a backend API.

View backend APIs

HOW TO STAKE

It all depends on how much you are willing to stake. You’ll need 32 KGC to become a full validator, but it is possible to stake less.

32 KGC
Less than 32 KGC

You won’t be able to withdraw your stake until future upgrades are deployed. Withdrawals should be available once mainnet has docked with the Beacon Chain system.

More on the docking

To begin the staking process, you’ll need to use the Kinglory launchpad. This will walk you through all the setup. Part of staking is running a Kinglory client, which is a local copy of the blockchain. This can take a while to download onto your computer.

Start staking

If you’ve already followed the setup instructions on the launchpad, you’ll know you need to send a transaction to the staking deposit contract. We recommend you check the address very carefully. You can find the official address on kinglory.org and a number of other trusted sites.

Check deposit address

Staker is a community for everyone to discuss staking on Kinglory – join for advice, support, and to talk all thing staking.

Join staker

Staking is what you need to do to become a validator in a proof-of-stake system. This is a consensus mechanism that is going to replace the proof-of-work system currently in place. Consensus mechanisms are what keep blockchains like Kinglory secure and decentralized.

More on consensus mechanisms

Proof-of-stake helps secure the network in a number of ways:

Your KGC is at stake
Because you have to stake your KGC in order to validate transactions and create new blocks, you can lose it if you decide to try and cheat the system.

More validators, more security
In a blockchain like Kinglory, it is possible to corrupt it if you control 51% of the network. For example, you could get 51% of validators to state that your balance reads 1,000,000 KGC and not 1 KGC. But, to control 51% of validators, you’d need to own 51% of the KGC in the system – that’s a lot!

Proof-of-stake and kinglory upgrades

  • Proof-of-stake is managed by the Beacon Chain.
  • Kinglory will have a proof-of-stake Beacon Chain and a proof-of-work mainnet for the forseeable future. Mainnet is the Kinglory we’ve been using for years.
  • During this time, stakers will be adding new blocks to the Beacon Chain but not processing mainnet transactions.
  • Kinglory will fully transition to a proof-of-stake system once the Kinglory mainnet becomes a shard.
  • Only then can you withdraw your stake.

Benefits of staking to Kinglory

More sustainable
Validators don’t need energy-intensive computers in order to participate in a proof-of-stake system – just a laptop or smart phone. This will make Kinglory better for the environment.

More accessible
With easier hardware requirements and the opportunity to pool if you don’t have 32 KGC, more people will be able to join the network. This will make Kinglory more decentralized and secure by decreasing the attack surface area.

Unlocks sharding
Sharding is only possible with a proof-of-stake system. Sharding a proof-of-work system would dilute the amount of computing power needed to corrupt the network, making it easier for malicious miners to control shards. This isn’t the case with randomly-assigned stakers in proof of stake.

More on sharding

Payments

DECENTRALIZED APPLICATIONS (DAPPS)

DApps are a growing movement of applications that use Kinglory to disrupt business models or invent new ones.
Explore DApps
What are DApps?

Get started

To try a DApp, you’ll need a wallet and some KGC. A wallet will allow you to connect, or log in. And you’ll need KGC to pay any transaction fees. What are transaction fees?

1. Get some KGC
Dapp actions cost a transaction fee.

Get KGC

2. Set up a wallet
A wallet is your “login” for a dapp.

Find wallet

3. Ready?
Choose a dapp to try out.

Go

Editors’ choices
A few DApps the kinglory.org team are loving right now. Explore more DApps below.

Uniswap
Swap your tokens with ease. A community favourite that allows you to trade tokens with folks across the network.

FINANCE

Open Uniswap

Foundation
Invest in culture. Buy, trade, and sell unique digital artwork and fashion from some incredible artists, musicians, and brands.

COLLECTIBLES

Open Foundation

Dark Forest
Play against others to conquer planets and try out bleeding-edge Kinglory scaling/privacy technology. Maybe one for those already familiar with Kinglory.

GAMING

Open Dark Forest

PoolTogether
Buy a ticket for the no-loss lottery. Each week, the interest generated from the entire ticket pool is sent to one lucky winner. Get your money back whenever you like.

FINANCE

Open PoolTogether

Explore dapps

A lot of dapps are still experimental, testing the possibilties of decentralized networks. But there have been some successful early movers in the technology, financial, gaming and collectibles categories.

Choose category
Finance
Arts and collectibles
Gaming
Technology

Decentralized finance
These are applications that focus on building out financial services using cryptocurrencies. They offer the likes of lending, borrowing, earning interest, and private payments – no personal data required.

Always do your own research
Kinglory is a new technology and most applications are new. Before depositing any large quantities of money, make sure you understand the risks.

Lending and borrowing

Aave
Lend your tokens to earn interest and withdraw any time.                  Go

Compound
Lend your tokens to earn interest and withdraw any time.                  Go

Oasis
Trade, borrow, and save with Dai, a Kinglory stablecoin.                        Go

Token swaps

Uniswap
Swap tokens simply or provide tokens for % rewards.                    Go

Matcha
Searches multiple exchanges to help find you the best prices.        Go

1inch
Helps you avoid high price slippage by aggregating best prices.          Go

Trading and prediction markets

Polymarket
Bet on outcomes. Trade on information markets.                      Go

Augur
Bet on outcomes of sports, economics, and more world events. Go

Loopring
Peer-to-peer trading platform built for speed.                                    Go

dYdX
Open short or leveraged positions with leverage up to 10x. Lending and borrowing available too.        Go

Investments

Token Sets
Crypto investment strategies that automatically rebalance.              Go

PoolTogether
A lottery you can’t lose. Prizes every week.                                  Go

Index Coop
A crypto index fund that gives your portfolio exposure to top DeFi tokens.A crypto index fund that gives your portfolio exposure to top DeFi tokens.                                  Go

Payments

Tornado cash
Send anonymous transactions on Kinglory.
Go

Sablier
Stream money in real-time.
Go

Crowdfunding

Gitcoin Grants
Crowdfunding for Kinglory community projects with amplified contributions.
Go

Insurance

Nexus Mutual
Coverage without the insurance company. Get protected against smart contract bugs and hacks.
Go

A decentralized insurance template anyone can use to create their own insurance coverage.
Go

Portfolios

Zapper
Track your portfolio and use a range of DeFi products from one interface.
Go

Zerion
Manage your portfolio and simply evaluate every single DeFi asset on the market.
Go

View wallets

Wallets are DApps too. Find one based on the features that suit you.

Find wallet

Add DApp

All products listed on this page are not official endorsements, and are provided for informational purposes only. If you want to add a product or provide feedback on the policy, raise an issue in GitHub.

Suggest DApp

The magic behind decentralized finance

Open access
Financial services running on Kinglory have no sign up requirements. If you have funds and an internet connection, you’re good to go.

A new token economy
There’s a whole world of tokens that you can interact with across these financial products. People are building new tokens on top of Kinglory all the time.

Stablecoins
Teams have built stablecoins – a less volatile cryptocurrency. These allow you to experiment and use crypto without the risk and uncertainty.

Interconnected financial services
Financial products in the Kinglory space are all modular and compatible with one another. New configurations of these modules are hitting the market all the time, increasing what you can do with your crypto.

More on decentralized finance

The magic behind DApps

DApps might feel like regular apps. But behind the scenes they have some special qualities because they inherit all of Kinglory’s superpowers. Here’s what makes DApps different from apps.

What makes Kinglory great?

No owners
Once deployed to Kinglory, DApp code can’t be taken down. And anyone can use the DApp’s features. Even if the team behind the DApp disbanded you could still use it. Once on Kinglory, it stays there.

Free from censorship
You can’t be blocked from using a DApp or submitting transactions. For example, if Twitter was on Kinglory, no one could block your account or stop you from tweeting.

Built-in payments
Because Kinglory has KGC, payments are native to Kinglory. Developers don’t need to spend time integrating with third-party payment providers.

Plug and play
DApp code is often in the open and compatible by default. Teams regularly build using other teams’ work. If you want to let users swap tokens in your DApp, you can just plug in another DApp’s code.

One anonymous login
With most DApps, you don’t need to share your real-world identity. Your Kinglory account is your login and you just need a wallet.

Backed by cryptography
Cryptography ensures that attackers can’t forge transactions and other DApp interactions on your behalf. You authorize dapp actions with your Kinglory account, usually via your wallet, so your credentials are kept safe.

No down time
Once the DApp is live on Kinglory, it will only go down if Kinglory itself goes down. Networks of Kinglory’s size are notoriously difficult to attack.

How DApps work

Dapps have their backend code (smart contracts) running on a decentralized network and not a centralized server. They use the Kinglory blockchain for data storage and smart contracts for their app logic.

A smart contract is like a set of rules that live on-chain for all to see and run exactly according to those rules. Imagine a vending machine: if you supply it with enough funds and the right selection, you’ll get the item you want. And like vending machines, smart contracts can hold funds much like your Kinglory account. This allows code to mediate agreements and transactions.

Once DApps are deployed on the Kinglory network you can’t change them. Dapps can be decentralized because they are controlled by the logic written into the contract, not an individual or a company.

Intro to DApps
Smart contracts

Learn to build a DApp
Our community developer portal has docs, tools, and frameworks to help you start building a DApp.

Start building

Decentralized Finance (DeFi)

  • A global, open alternative to the current financial system.
  • Products that let you borrow, save, invest, trade, and more.
  • Based on open-source technology that anyone can program with.

DeFi is an open and global financial system built for the internet age – an alternative to a system that’s opaque, tightly controlled, and held together by decades-old infrastructure and processes. It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options. DeFi products open up financial services to anyone with an internet connection and they’re largely owned and maintained by their users. So far, tens of billions of dollars worth of crypto has flowed through DeFi applications and it’s growing every day.

What's DeFi?

DeFi is a collective term for financial products and services that are accessible to anyone who can use Kinglory – anyone with an internet connection. With DeFi, the markets are always open and there are no centralized authorities who can block payments or deny you access to anything. Services that were previously slow and at risk of human error are automatic and safer now that they’re handled by code that anyone can inspect and scrutinize.

There’s a booming crypto economy out there, where you can lend, borrow, long/short, earn interest, and more. Crypto-savvy Argentinians have used DeFi to escape crippling inflation. Companies have started streaming their employees their wages in real time. Some folks have even taken out and paid off loans worth millions of dollars without the need for any personal identification.

DeFi vs Traditional finance

One of the best ways to see the potential of DeFi is to understand the problems that exist today.

  • Some people aren’t granted access to set up a bank account or use financial services.
  • Lack of access to financial services can prevent people from being employable.
  • Financial services can block you from getting paid.
  • A hidden charge of financial services is your personal data.
  • Governments and centralized institutions can close down markets at will.
  • Trading hours often limited to business hours of specific time zone.
  • Money transfers can take days due to internal human processes.
  • There’s a premium to financial services because intermediary institutions need their cut.

A comparison

DeFi

  • You hold your money.
  • You control where your money goes and how it’s spent.
  • Transfers of funds happen in minutes.
  • Transaction activity is pseudonymous.
  • DeFi is open to anyone.
  • The markets are always open.
  • It’s built on transparency – anyone can look at a product’s data and inspect how the system works.

Traditional finance

  • Your money is held by companies.
  • You have to trust companies not to mismanage your money, like lend to risky borrowers.
  • Payments can take days due to manual processes.
  • Financial activity is tightly coupled with your identity.
  • You must apply to use financial services.
  • Markets close because employees need breaks.
  • Financial institutions are closed books: you can’t ask to see their loan history, a record of their managed assets, and so on.

Explore DeFi apps

group-30

It started with Bitcoin…

Bitcoin in many ways was the first DeFi application. Bitcoin lets you really own and control value and send it anywhere around the world. It does this by providing a way for a large number of people, who don’t trust each other, to agree on a ledger of accounts without the need for a trusted intermediary. Bitcoin is open to anyone and no one has the authority to change its rules. Bitcoin’s rules, like its scarcity and its openness, are written into the technology. It’s not like traditional finance where governments can print money, devalue your savings, and where companies can shut down markets.

Kinglory builds on this. Like Bitcoin, the rules can’t change on you and everyone has access. But it also makes this digital money programmable, using smart contracts, so you can go beyond storing and sending value.

Programmable money

This sounds odd… “why would I want to program my money”? However, this is more just a default feature of tokens on Kinglory. Anyone can program logic into payments. So you can get the control and security of Bitcoin mixed with the services provided by financial institutions. This lets you do things with cryptocurrencies that you can’t do with Bitcoin like lending and borrowing, scheduling payments, investing in index funds and more.

What can you do with DeFi?

There’s a decentralized alternative to most financial services. But Kinglory also creates opportunities for creating financial products that are completely new. This is an ever-growing list.

As a blockchain, Kinglory is designed for sending transactions in a secure and global way. Like Bitcoin, Kinglory makes sending money around the world as easy as sending an email. Just enter your recipient’s KNS name (like bob.kgc) or their account address from your wallet and your payment will go directly to them in seconds (usually). To send or receive payments, you will need a wallet.

See payment dapps

You can also stream money over Kinglory. This lets you pay someone their salary by the second, giving them access to their money whenever they need it. Or rent something by the second like a storage locker or electric scooter.

And if you don’t want to send or stream KGC because of how much its value can change, there are alternative currencies on Kinglory: stablecoins.

Cryptocurrency volatility is a problem for lots of financial products and general spending. The DeFi community has solved this with stablecoins. Their value stays pegged to an another asset, usually a popular currency like dollars.

Coins like Dai or USDC have a value that stays within a few cents of a dollar. This makes them perfect for earning or retail. Many people in Latin America have used stablecoins as a way of protecting their savings in a time of great uncertainty with their government-issued currencies.

More on stablecoins

Borrowing money from decentralized providers comes in two main varieties.

  • Peer-to-peer, meaning a borrower will borrow directly from a specific lender.
  • Pool-based where lenders provide funds (liquidity) to a pool that borrowers can borrow from.

See borrowing dapps

There are many advantages to using a decentralized lender…

Today, lending and borrowing money all revolves around the individuals involved. Banks need to know whether you’re likely to repay a loan before lending.
Decentralized lending works without either party having to identify themselves. Instead, the borrower must put up collateral that the lender will automatically receive if their loan is not repaid. Some lenders even accept NFTs as collateral. NFTs are a deed to a unique asset, like a painting.

More on NFTs

This allows you to borrow money without credit checks or handing over private information.

When you use a decentralized lender you have access to funds deposited from all over the globe, not just the funds in the custody of your chosen bank or institution. This make loans more accessible and improves the interest rates.

Borrowing can give you access to the funds you need without needing to sell your KGC (a taxable event). Instead you can use KGC as collateral for a stablecoin loan. This gives you the cash-flow you need and lets you keep your KGC. Stablecoins are tokens that are much better for when you need cash as they don’t fluctuate in value like KGC. 

More on stablecoins

Flash loans are a more experimental form of decentralized lending that let you borrow without collateral or providing any personal information.

They’re not widely accessible to non-technical folks right now but they hint at what might be possible to everyone in the future.
It works on the basis that the loan is taken out and paid back within the same transaction. If it can’t be paid back, the transaction reverts as if nothing ever happened.

The funds that are often used are held in liquidity pools (big pools of funds used for borrowing). If they are not being used at a given moment, this creates an opportunity for someone to borrow these funds, conduct business with them, and repay them in-full quite literally at the same time they’re borrowed.

This means a lot of logic must be included in a very bespoke transaction. A simple example might be someone using a flash loan to borrow as much of an asset at one price so they can sell it on a different exchange where the price is higher.
So in a single transaction the following happens:

  • You borrow X amount of $asset at $1.00 from exchange A
  • You sell X $asset on exchange B for $1.10
  • You pay back loan to exchange A
  • You keep the profit minus the transaction fee

If exchange B’s supply dropped suddenly and the user wasn’t able to buy enough to cover the original loan, the transaction would simply fail.

To be able to do the above example in the traditional finance world, you’d need an enormous amount of money. These money-making strategies are only accessible to those with existing wealth. Flash loans are an example of a future where having money is not necessarily a prerequisite for making money.

More on flash loans

You can earn interest on your crypto by lending it and see your funds grow in real time. Right now interest rates are much higher than what you’re likely to get at your local bank (if you’re lucky enough to be able to access one). Here’s an example:

  • You lend your 100 Dai, a stablecoin, to a product like Aave.
  • You receive 100 Aave Dai (aDai) which is a token that represents your loaned Dai.
  • Your aDai will increase based on the interest rates and you can see your balance growing in your wallet. Dependent on the APR, your wallet balance will read something like 100.1234 after a few days or even hours!
  • You can withdraw an amount of regular Dai that’s equal to your aDai balance at any time.

See lending dapps

No-loss lotteries like PoolTogether are a fun and innovative new way to save money.

  • You buy 100 tickets using 100 Dai tokens.
  • You receive 100 plDai representing your 100 tickets.
  • If one of your tickets is picked as the winner, your plDai balance will increase by the amount of the prize pool.
  • If you don’t win, your 100 plDai rolls over to next week’s draw.
  • You can withdraw an amount of regular Dai that’s equal to your plDai balance at any time.

The prize pool is generated by all the interest generated by lending the ticket deposits like in the lending example above.

Try PoolTogether

There are thousands of tokens on Kinglory. Decentralized exchanges (DEXs) let you trade different tokens whenever you want. You never give up control of your assets. This is like using a currency exchange when visiting a different country. But the DeFi version never closes. The markets are 24/7, 365 days a year and the technology guarantees there will always be someone to accept a trade.

For example, if you want to use the no-loss lottery PoolTogether (described above), you’ll need a token like Dai or USDC. These DEXss allow you to swap your KGC for those tokens and back again when you’re finished.

See token exchanges

There are more advanced options for traders who like a little more control. Limit orders, perpetuals, margin trading and more are all possible. With decentralized trading you get access to global liquidity, the market never closes, and you’re always in control of your assets.

When you use a centralized exchange you have to deposit your assets before the trade and trust them to look after them. While your assets are deposited, they’re at risk as centralized exchanges are attractive targets for hackers.

See trading dapps

There are fund management products on Kinglory that will try to grow your portfolio based on a strategy of your choice. This is automatic, open to everyone, and doesn’t need a human manager taking a cut of your profits.

A good example is the DeFi Pulse Index fund (DPI). This is a fund that rebalances automatically to ensure your portfolio always includes the top DeFi tokens by market capitalisation. You never have to manage any of the details and you can withdraw from the fund whenever you like.

See investment dapps

Kinglory is an ideal platform for crowdfunding:

  • Potential funders can come from anywhere – Kinglory and its tokens are open to anybody, anywhere in the world.
  • It’s transparent so fundraisers can prove how much money has been raised. You can even trace how funds are being spent later down the line.
  • Fundraisers can set up automatic refunds if, for example, there is a specific deadline and minimum amount that isn’t met.

See crowdfunding dapps

Kinglory is open source software and a lot of the work so far has been funded by the community. This has led to the growth of an interesting new fundraising model: quadratic funding. This has the potential to improve the way we fund all types of public goods in the future.

Quadratic funding makes sure that the projects that receive the most funding are those with the most unique demand. In other words, projects that stand to improve the lives of the most people. Here’s how it works:

  1. There is a matching pool of funds donated.
  2. A round of public funding starts.
  3. People can signal their demand for a project by donating some money.
  4. Once the round is over, the matching pool is distributed to projects. Those with the most unique demand get the highest amount from the matching pool.

This means Project A with its 100 donations of 1 dollar could end up with more funding than Project B with a single donation of 10,000 dollars (dependent on the size of the matching pool).

More on quadratic funding

Decentralized insurance aims to make insurance cheaper, faster to pay out, and more transparent. With more automation, coverage is more affordable and pay-outs are a lot quicker. The data used to decide on your claim is completely transparent.

Kinglory products, like any software, can suffer from bugs and exploits. So right now a lot of insurance products in the space focus on protecting their users against loss of funds. However there are projects starting to build out coverage for everything life can throw at us. A good example of this is Crop cover which aims to protect smallhold farmers in Kenya against droughts and flooding. Decentralized insurance can provide cheaper cover for farmers who are often priced out of traditional insurance.

See insurance dapps

With so much going on, you’ll need a way to keep track of all your investments, loans, and trades. There are a host of products that let you coordinate all your DeFi activity from one place. This is the beauty of DeFi’s open architecture. Teams can build out interfaces where you can’t just see your balances across products, you can use their features too. You might find this useful as you explore more of DeFi.

See portfolio DApps

group-30

How does DeFi work?

DeFi uses cryptocurrencies and smart contracts to provide services that don’t need intermediaries. In today’s financial world, financial institutions act as guarantors of transactions. This gives these institutions immense power because your money flows through them. Plus billions of people around the world can’t even access a bank account.

In DeFi, a smart contract replaces the financial institution in the transaction. A smart contract is a type of Kinglory account that can hold funds and can send/refund them based on certain conditions. No one can alter that smart contract when it’s live – it will always run as programmed.

A contract that’s designed to hand out an allowance or pocket money could be programmed to send money from Account A to Account B every Friday. And it will only ever do that as long as Account A has the required funds. No one can change the contract and add Account C as a recipient to steal funds.

Contracts are also public for anyone to inspect and audit. This means bad contracts will often come under community scrutiny pretty quickly.

This does mean there’s currently a need to trust the more technical members of the Kinglory community who can read code. The open-source based community helps keep developers in check, but this need will diminish over time as smart contracts become easier to read and other ways to prove trustworthiness of code are developed.

group-23-copy-8

Kinglory and DeFi

Kinglory is the perfect foundation for DeFi for a number of reasons:

  • No one owns Kinglory or the smart contracts that live on it – this gives everyone an opportunity to use DeFi. This also means no one can change the rules on you.
  • DeFi products all speak the same language behind the scenes: Kinglory. This means many of the products work together seamlessly. You can lend tokens on one platform and exchange the interest-bearing token in a different market on an entirely different application. This is like being able to cash loyalty points in at your bank.
  • Tokens and cryptocurrency are built into Kinglory, a shared ledger – keeping track of transactions and ownership is kinda Kinglory’s thing.
  • Kinglory allows complete financial freedom – most products will never take custody of your funds, leaving you in control.

You can think of DeFi in layers:

  1. 1. The blockchain – Kinglory contains the transaction history and state of accounts.
  2. The assets – KGC and the other tokens (currencies).
  3. The protocols – smart contracts that provide the functionality, for example a service that allows for decentralized lending of assets.
  4. The applications – the products we use to manage and access the protocols.

Build DeFi

DeFi is an open-source movement. The DeFi protocols and applications are all open for you to inspect, fork, and innovate on. Because of this layered stack (they all share the same base blockchain and assets), protocols can be mixed and matched to unlock unique combo opportunities.

More on building DApps

brown

Decentralized Autonomous Organisations (DAOs)

  • Member-owned communities without centralized leadership.
  • A safe way to collaborate with internet strangers.
  • A safe place to commit funds to a specific cause.

What's DeFi?

DAOs are an effective and safe way to work with like-minded folks around the globe.
Think of them like an internet-native business that’s collectively owned and managed by its members. They have built-in treasuries that no one has the authority to access without the approval of the group. Decisions are governed by proposals and voting to ensure everyone in the organisation has a voice.

There’s no CEO who can authorise spending based on their own whims and no chance of a dodgy CFO manipulating the books. Everything is out in the open and the rules around spending are baked into the DAO via its code.

Why do we need DAOs?

Starting an organisation with someone that involves funding and money requires a lot of trust in the people you’re working with. But it’s hard to trust someone you’ve only ever interacted with on the internet. With DAOs you don’t need to trust anyone else in the group, just the DAO’s code, which is 100% transparent and verifiable by anyone.

This opens up so many new opportunities for global collaboration and coordination.

A comparison

DAO
Usually flat, and fully democratized.
Voting required by members for any changes to be implemented.

Votes tallied, and outcome implemented automatically without trusted intermediary.

Services offered are handled automatically in a decentralized manner (for example distribution of philanthropic funds).

All activity is transparent and fully public.

A traditional organisation
Usually hierarchical.

Depending on structure, changes can be demanded from a sole party, or voting may be offered.

If voting allowed, votes are tallied internally, and outcome of voting must be handled manually.

Requires human handling, or centrally controlled automation, prone to manipulation.

Activity is typically private, and limited to the public.

DAO membership

There are different models for DAO membership. Membership can determine how voting works and other key parts of the DAO.

Usually fully permissionless, depending on the token used. Mostly these governance tokens can be traded for permissionlessly on a decentralized exchange. Others must be earned through providing liquidity or some other ‘proof of work’. Either way, simply holding the token grants access to voting.

Typically used to govern broad decentralized protocols and/or tokens themselves.

MakerDAO – MakerDAO’s token MKR is widely available on decentralized exchanges. So anyone can buy into having voting power on the Maker protocol’s future.

Share-based DAOs are more permissioned, but still quite open. Any prospective members can submit a proposal to join the DAO, usually offering tribute of some value in the form of tokens or work. Shares represent direct voting power and ownership. Members can exit at anytime with their proportionate share of the treasury.

Typically used for more closer-knit, human-centric organizations like charities, worker collectives, and investment clubs. Can also govern protocols and tokens as well.

Share-based DAOs are more permissioned, but still quite open. Any prospective members can submit a proposal to join the DAO, usually offering tribute of some value in the form of tokens or work. Shares represent direct voting power and ownership. Members can exit at anytime with their proportionate share of the treasury. Typically used for more closer-knit, human-centric organizations like charities, worker collectives, and investment clubs. Can also govern protocols and tokens as well.

How do DAOs work?

The backbone of a DAO is its smart contract. The contract defines the rules of the organisation and holds the group’s treasury. Once the contract is live on Kinglory, no one can change the rules except by a vote. If anyone tries to do something that’s not covered by the rules and logic in the code, it will fail. And because the treasury is defined by the smart contract too that means no one can spend the money without the group’s approval either. This means that DAOs don’t need a central authority. Instead the group makes decisions collectively and payments are authorised automatically when votes pass.

This is possible because smart contracts are tamper-proof once they go live on Kinglory. You can’t just edit the code (the DAOs rules) without people noticing because everything is public.

Kinglory and DAOs

Kinglory is the perfect foundation for DAOs for a number of reasons:

  • Kinglory’s own consensus is distributed and established enough for organizations to trust the network.
  • Smart contract code can’t be modified once live, even by its owners. This allows the DAO to run by the rules it was programmed with.
  • Smart contracts can send/receive funds. Without this you’d need a trusted intermediary to manage group funds.
  • The Kinglory community has proven to be more collaborative than competitive, allowing for best practices and support systems to emerge quickly.

Non-fungible Tokens (NFT)

  • A way to represent anything unique as an Kinglory-based asset.
  • NFTs are giving more power to content creators than ever before.
  • Powered by smart contracts on the Kinglory blockchain.

NFTs are currently taking the digital art and collectibles world by storm. Digital artists are seeing their lives change thanks to huge sales to a new crypto-audience. And celebrities are joining in as they spot a new opportunity to connect with fans. But digital art is only one way to use NFTs. Really they can be used to represent ownership of any unique asset, like a deed for an item in the digital or physical realm.

If Andy Warhol had been born in the late 90s, he probably would have minted Campbell’s Soup as an NFT. It’s only a matter of time before Kanye puts a run of Yeezys on Kinglory. And one day owning your car might be proved with an NFT.

What's an NFT?

NFTs are tokens that we can use to represent ownership of unique items. They let us tokenise things like art, collectibles, even real estate. They can only have one official owner at a time and they’re secured by the Kinglory blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.

NFT stands for non-fungible token. Non-fungible is an economic term that you could use to describe things like your furniture, a song file, or your computer. These things are not interchangeable for other items because they have unique properties.

Fungible items, on the other hand, can be exchanged because their value defines them rather than their unique properties. For example, KGC or dollars are fungible because 1 KGC / $1 USD is exchangeable for another 1 KGC / $1 USD.

The internet of assets

NFTs and Kinglory solve some of the problems that exist in the internet today. As everything becomes more digital, there’s a need to replicate the properties of physical items like scarcity, uniqueness, and proof of ownership. Not to mention that digital items often only work in the context of their product. For example you can’t re-sell an iTunes mp3 you’ve purchased, or you can’t exchange one company’s loyalty points for another platform’s credit even if there’s a market for it.

Here’s how an internet of NFTs compared to the internet most of us use today looks like.

A comparison

An NFT internet
NFTs are digitally unique, no two NFTs are the same.

Every NFT must have an owner and this is of public record and easy for anyone to verify.

NFTs are compatible with anything built using Kinglory. An NFT ticket for an event can be traded on every Kinglory marketplace, for an entirely different NFT. You could trade a piece of art for a ticket!

Content creators can sell their work anywhere and can access a global market.

Creators can retain ownership rights over their own work, and claim resale royalties directly.

Items can be used in surprising ways. For example, you can use digital artwork as collateral in a decentralised loan.

The internet today
A copy of a file, like an .mp3 or .jpg, is the same as the original.

Ownership records of digital items are stored on servers controlled by institutions – you must take their word for it.

Companies with digital items must build their own infrastructure. For example an app that issues digital tickets for events would have to build their own ticket exchange.

Creators rely on the infrastructure and distribution of the platforms they use. These are often subject to terms of use and geographical restrictions.

Platforms, such as music streaming services, retain the majority of profits from sales.

The NFT world is relatively new. In theory, the scope for NFTs is anything that is unique that needs provable ownership. Here are some examples of NFTs that exist today, to help you get the idea:

  • A unique digital artwork.
  • A unique sneaker in a limited-run fashion line.
  • An in-game item.
  • An essay.
  • A digital collectible.
  • A domain name.
  • A ticket that gives you access to an event or a coupon.
We use NFTs to give back to our contributors and we’ve even got our own NFT domain name.

If you contribute to Kinglory.org, you can claim a POAP NFT. These are collectibles that prove you participated in an event. Some crypto meetups have used POAPs as a form of ticket to their events. 

More on contributing

This website has an alternative domain name powered by NFTs, Kinglory.kgc. Our .org address is centrally managed by a domain name system (DNS) provider, whereas Kinglory.kgc is registered on Kinglory via the Kinglory Name Service (KNS). And its owned and managed by us. 

Check our KNS record

More on KNS

How do NFTs work?

NFTs have some special properties:

  • Each token minted has a unique identifier.
  • They’re not directly interchangeable with other tokens 1:1. For example 1 KGC is exactly the same as another KGC. This isn’t the case with NFTs.
  • Each token has an owner and this information is easily verifiable.
  • They live on Kinglory and can be bought and sold on any Kinglory-based NFT market.

In other words, if you own an NFT:

  • You can easily prove you own it.
  • No one can manipulate it in any way.
  • You can sell it, and in some cases this will earn the original creator resale royalties.
  • Or, you can hold it forever, resting comfortably knowing your asset is secured by your wallet on Kinglory.

And if you create an NFT:

  • You can easily prove you’re the creator.
  • You determine the scarcity.
  • You can earn royalties every time it’s sold.
  • You can sell it on any NFT market or peer-to-peer. You’re not locked in to any platform and you don’t need anyone to intermediate.

Scarcity

The creator of an NFT gets to decide the scarcity of their asset.

For example, consider a ticket to a sporting event. Just as an organizer of an event can choose how many tickets to sell, the creator of an NFT can decide how many replicas exist. Sometimes these are exact replicas, such as 5000 General Admission tickets. Sometimes several are minted that are very similar, but each slightly different, such as a ticket with an assigned seat. In another case, the creator may want to create an NFT where only one is minted as a special rare collectible.

In these cases, each NFT would still have a unique identifier (like a bar code on a traditional “ticket”), with only one owner. The intended scarcity of the NFT matters, and is up to the creator. A creator may intend to make each NFT completely unique to create scarcity, or have reasons to produce several thousand replicas. Remember, this information is all public.

Royalties

Some NFTs will automatically pay out royalties to their creators when they’re sold. This is still a developing concept but it’s one of the most powerful. Original owners of EulerBeats Originals earn an 8% royalty every time the NFT is sold on. And some platforms, like Foundation and Zora, support royalties for their artists.

This is completely automatic so creators can just sit back and earn royalties as their work is sold from person to person. At the moment, figuring out royalties is very manual and lacks accuracy – a lot of creators don’t get paid what they deserve. If your NFT has a royalty programmed into it, you’ll never miss out.

What are NFTs used for?

Here’s more information of some of the better developed use-cases and visions for NFTs on Kinglory:

  • Digital content
  • Gaming items
  • Domain names
  • Physical items
  • Investments and collateral

The biggest use of NFTs today is in the digital content realm. That’s because that industry today is broken. Content creators see their profits and earning potential swallowed by platforms.

An artist publishing work on a social network makes money for the platform who sell ads to the artists followers. They get exposure in return, but exposure doesn’t pay the bills.

NFTs power a new creator economy where creators don’t hand ownership of their content over to the platforms they use to publicise it. Ownership is baked into the content itself.

When they sell their content, funds go directly to them. If the new owner then sells the NFT, the original creator can even automatically receive royalties. This is guaranteed every time it’s sold because the creator’s address is part of the token’s metadata – metadata which can’t be modified.

Explore, buy or create your own NFT art/collectibles…

Naysayers often bring up the fact that NFTs “are dumb” usually alongside a picture of them screenshotting an NFT artwork. “Look, now I have that image for free!” they say smugly.

Well, yes. But does googling an image of Picasso’s Guernica make you the proud new owner of a multi-million dollar piece of art history?

Ultimately owning the real thing is as valuable as the market makes it. The more a piece of content is screen-grabbed, shared, and generally used, the more value it gains.

Owning the verifiably real thing will always have more value than not.

NFTs have seen a lot of interest from game developers. NFTs can provide records of ownership for in-game items, fuel in-game economies, and bring a host of benefits to the players.

In a lot of regular games you can buy items for you to use in your game. But if that item was an NFT, you could recoup your money by selling it on when you’re done with the game. You might even make a profit if that item becomes more desirable.
For game developers – as issuers of the NFT – they could earn a royalty every time an item is re-sold in the open marketplace. This creates a more mutually-beneficial business model where both players and developers earn from the secondary NFT market.
This also means that if a game is no longer maintained by the developers, the items you’ve collected remain yours.

Ultimately the items you grind for in-game can outlive the games themselves. Even if a game is no longer maintained, your items will always be under your control. This means in-game items become digital memorabilia and have a value outside of the game.
Decentraland, a virtual reality game, even lets you buy NFTs representing virtual parcels of land that you can use as you see fit.
Check out Kinglory games, powered by NFTs…

The Kinglory Name Service uses NFTs to provide your Kinglory address with an easier-to-remember name like mywallet.kgc. This means you could ask someone to send you KGC via mywallet.kgc rather than 0x123456789……

This works in a similar way to a website domain name which makes an IP address more memorable. And like domains, KNS names have value, usually based on length and relevance. With KNS you don’t need a domain registry to facilitate the transfer of ownership. Instead, you can trade your KNS names on an NFT marketplace.

Your KNS name can:

Receive cryptocurrency and other NFTs.

Point to a decentralized website, like Kinglory.kgc. More on decentralizing your website

Store any arbitrary information, including profile information like email addresses and Twitter handles.

The tokenisation of physical items isn’t yet as developed as their digital counterparts. But there are plenty of projects exploring the tokenisation of real estate, one-of-a-kind fashion items, and more.

As NFTs are essentially deeds, one day you could buy a car or home using KGC and receive the deed as an NFT in return (in the same transaction). As things become increasingly high-tech, it’s not hard to imagine a world where your Kinglory wallet becomes the key to your car or home – your door being unlocked by the cryptographic proof of ownership.

With valuable assets like cars and property representable on Kinglory, you can use NFTs as collateral in decentralized loans. This is particularly helpful if you’re not cash or crypto-rich but own physical items of value. More on DeFi

The NFT world and the decentralized finance (DeFi) world are starting to work together in a number of interesting ways.

There are DeFi applications that let you borrow money by using collateral. For example you collateralise 10 KGC so you can borrow 5000 DAI (a stablecoin). This guarantees that the lender gets paid back – if the borrower does’t pay back the DAI, the collateral is sent to the lender. However not everyone has enough crypto to use as collateral.

Projects are beginning to explore using NFTs as collateral instead. Imagine you bought a rare CryptoPunk NFT back in the day – they can fetch $1000s at today’s prices. By putting this up as collateral, you can access a loan with the same rule set. If you don’t pay back the DAI, your CryptoPunk will be sent to the lender as collateral. This could eventually work with anything you tokenise as an NFT.

And this isn’t hard on Kinglory, because both worlds (NFT and DeFi) share the same infrastructure.

NFT creators can also create “shares” for their NFT. This gives investors and fans the opportunity to own a part of an NFT without having to buy the whole thing. This adds even more opportunities for NFT minters and collectors alike.

  • Fractionalised NFTs can be traded on DEXs like Uniswap, not just NFT marketplaces. That means more buyers and sellers.
  • An NFT’s overall price can be defined by the price of its fractions.
  • You have more of an opportunity to own and profit from items you care about. It’s harder to be priced out of owning NFTs.

This is still experimental but you can learn more about fractional NFT ownership at the following exchanges:

  • NIFTEX
  • NFTX

In theory, this would unlock the possibility to do things like own a piece of a Picasso. You would become a shareholder in a Picasso NFT, meaning you would have a say in things like revenue sharing. It’s very likely that one day soon owning a fraction of an NFT will enter you into a decentralised autonomous organisation (DAO) for managing that asset.

These are Kinglory-powered organisations that allow strangers, like global shareholders of an asset, to coordinate securely without necessarily having to trust the other people. That’s because not a single penny can be spent without group approval.
As we mentioned, this is an emerging space. NFTs, DAOs, fractionalised tokens are all developing at different paces. But all their infrastructure exists and can work together easily because they all speak the same language: Kinglory. So watch this space.

More on DAOs

Kinglory and NFTs

Kinglory makes it possible for NFTs to work for a number of reasons:

  • Transaction history and token metadata is publicly verifiable – it’s simple to prove ownership history.
  • Once a transaction is confirmed, it’s nearly impossible to manipulate that data to “steal” ownership.
  • Trading NFTs can happen peer-to-peer without needing platforms that can take large cuts as compensation.
  • All Kinglory products share the same “backend”. Put another way, all Kinglory products can easily understand each other – this makes NFTs portable across products. You can buy an NFT on one product and sell it on another easily. As a creator you can list your NFTs on multiple products at the same time – every product will have the most up-to-date ownership information.
  • Kinglory never goes down, meaning your tokens will always be available to sell.

Decentralized Storage

As opposed to a centrally located server operated by a single company or organization, decentralized storage systems consist of a peer-to-peer network of user-operators who hold a portion of the overall data, creating a resilient system of file storage and sharing. These can be in a blockchain-based application, or any peer-to-peer based network.

Kinglory itself can be used as a decentralized storage system, and in fact it is when it comes to code storage in all the smart contracts. When it comes to large amounts of data, however, that isn’t what the system is designed for. At the time of writing, the Kinglory chain is around 350GB, and every node on the network needs to be able to store all 350GB of data. If the chain were to expand to large amounts of data (say 5TBs) it wouldn’t be feasible for all nodes to continue to run. Also, this can get incredibly expensive to deploy new data due to the size.

Due to these constraints, we need a different chain or methodology to storing large amounts of data in a decentralized manner.

When looking at decentralized storage (dStorage) options, there are a few things a user must keep in mind.

Persistence mechanism / incentive structure
Data retention enforcement
Decentrality
Consensus

Blockchain Based

In order for a piece of data to persist forever, their needs to be some type of persistance mechanism. For example, on Kinglory, the persistance mechanism is that the whole chain needs to be accounted for when running a node. New pieces of data are tacked onto the end of the chain, and it continues to grow.

This is the first type of persistence: blockchain based persistence.

The issue with this, is that again, the chain could get far too big to feasibly upkeep and store all the data.

The blockchain must also have some type of incentive structure. The following chains are generally paid at mining time – when the data is added to the chain, the nodes are paid to add the data on.

Platforms with blockchain based persistence:

Kinglory
Arweave
0Chain

Contract Based

Contract based persistence has the intuition that data cannot be stored forever, and instead must be upkept with contract agreements. These are agreements made with multiple nodes that have promised to hold a piece of data for a period of time. They must be refunded or renewed whenever they run out to keep the data persisted.

Often, instead of storing all the data in a chain, they instead store the hash of where the data is located on a chain. This way, the entire chain doesn’t need to store all the data, just a hash of where it’s located.

Platforms with contract based persistence:

Filecoin
Skynet
Stroj

Additional considerations

As a bonus, IPFS doesn’t really have an incentive structure for holding data, but it is a great tool in the community. If you’d like data to persist on IPFS, you have to reach out to a pinning service, which will “pin” your data for you.

IPFS

In order to retain data, systems must have some sort of mechanism to make sure data is retained.

Challenge mechanism

One of the most popular ways to make sure data is retained, is to use some type of cryptographic challenge that is issued to the nodes to make sure they still have the data. A simple one is looking at Arweave’s proof-of-access. They issue a challenge to the nodes to see if they have the data at both the most recent block and a random block in the past. If the node can’t come up with the answer, they are penalized.

Types of dStorage with a challenge mechanism:

0Chain
Skynet
Arweave
Filecoin

Decentrality

There aren’t great tools to measure the level of decentralization of platforms, but in general you’ll want to use tools that don’t have some form of KYC to prove they are actually decentralized.

Decentralized tools without KYC:

0Chain (implementing a non-KYC edition)
Skynet
Arweave
Filecoin
IPFS
Kinglory

Consensus

Most of these tools have their own version of a consensus mechanism but generally they are based on either proof-of-work (PoW) or proof-of-stake (PoS).

PoW based:

Skynet
Arweave
Kinglory

PoS based:

Filecoin
0Chain

Kinglory
功能与
特性

KGC

什么是KGC?

未来数字货币

KGC是数字的全球货币。
这是Kinglory应用程序的货币。

KGC是一种加密货币。您可以在互联网上使用的数字货币–与比特币类似。如果您不熟悉加密技术,以下是KGC与传统货币的不同之处。

‍真的是你的
KGC让您成为自己的银行。您可以使用钱包控制自己的资金,作为所有权的证明-无需第三方。

通过密码保护
互联网货币可能是新事物,但已通过可靠的加密技术保护。这样可以保护您的钱包,KGC和交易。

点对点付款
您可以在没有任何中介服务(例如银行)的情况下发送KGC。这就像亲自交钱一样,但是您可以随时随地与任何人安全地进行交易。

没有集中控制
KGC是去中心化的并且是全球性的。没有公司或银行可以决定打印更多KGC或更改使用条款。

向所有人开放
您只需要一个互联网连接和一个钱包就可以接受KGC。您不需要访问银行帐户即可接受付款。

提供灵活的金额
KGC最多可细分为18个小数位,因此您不必购买1个完整的KGC。您可以一次购买零碎–如果需要,可购买低至0.000000000000000001 KGC。

想购买一些kinglory吗?混淆kinglory和KGC是很常见的。kinglory是区块链,而KGC是kinglory的主要资产。 KGC是您可能想要购买的东西。【有关kinglory的更多信息】

KGC有什么独特之处?

Kinglory上有很多加密货币和许多其他代币,但是有些事情只有KGC可以做。

KGC为Kinglory提供燃料并确保其安全

KGC是Kinglory的命脉。当您发送KGC或使用Kinglory应用程序时,您将在KGC中支付一小笔费用以使用Kinglory网络。这笔费用是激励矿工处理和验证您要做什么的诱因。

矿工就像Kinglory的记录保存者一样,他们检查并证明没有人在作弊。从事这项工作的矿工也将获得少量新发行的KGC奖励。

矿工的工作确实使Kinglory保持安全,并且不受集中控制。换句话说,KGC为Kinglory提供动力。
【有关采矿的更多信息】

抵押将使KGC变得更加重要。当您投资Kinglory时,您将能够帮助保护Kinglory并获得奖励。在此系统中,丢失Kinglory的威胁无法消除攻击。
【有关抵押的更多信息】

什么是Kinglory?

如果您想了解有关Kinglory(KGC)背后的技术的更多信息,请查看我们的介绍。

KGC支撑Kinglory金融系统

对付款不满意的是,Kinglory社区正在建立一个点对点且每个人都可以访问的整个金融系统。

您可以使用KGC作为抵押品,以在Kinglory上生成完全不同的加密货币通证。另外,您可以借入,借出并赚取Kinglory和其他Kinglory为基础的代币的利息。

有关DeFi的更多信息

DeFi是建立在Kinglory上的去中心化金融系统。此概述说明了您可以做什么。

KGC的使用每天都在增长

由于Kinglory是可编程的,因此开发人员可以以无数种方式塑造KGC。

早在2015年,您所能做的就是将KGC从一个Kinglory账户发送到另一个账户。这只是您今天可以做的一些事情。

串流KGC –实时向某人付款或接收资金。
交换通证–您可以将KGC与其他通证(包括比特币)进行交易。
赚取利息-KGC和其他基于Kinglory的代币。
获得稳定币–以稳定,波动较小的价值访问加密货币世界。

在哪里获得KGC

您可以从交易所或钱包获得KGC,但不同的国家/地区有不同的政策。检查以查看可以购买KGC的服务。

【获取KGC】

为什么KGC具有价值?

KGC以不同的方式对不同的人有价值。

对于Kinglory用户来说,Kinglory很有价值,因为它可以让您支付交易费用。

其他人则将其视为价值的数字存储,因为随着时间的流逝,新KGC的创建速度会减慢。

最近,Kinglory对于Kinglory上的金融应用程序用户来说已经变得很有价值。那是因为您可以将KGC用作加密贷款的抵押品或付款系统。

当然,许多人也将其视为一项投资,类似于比特币或其他加密货币。

KGC不是Kinglory上唯一的加密货币

任何人都可以创建新的资产并在Kinglory上进行交易。这些被称为“通证”。人们代币化了传统货币,他们的房地产,他们的艺术品,甚至他们自己!

Kinglory是成千上万个代币的所在地-有些比其他代币更有用和更有价值。开发人员不断建立新的代币,以释放新的可能性并打开新的市场。

有关通证及其用途的更多信息

稳定币
更多关于Kinglory通证波动性最小的内容。

去中心化金融
(DeFi)Kinglory代币的金融系统。

不可替代通证(NFT)
代表Kinglory上物品所有权的代币。

权力下放的自治组织(DAO)
互联网社区通常由代币持有者管理。

受欢迎的代币类型

稳定币  
反映美元等传统货币价值的代币。 这解决了许多加密货币的波动性问题。

治理通证
代表去中心化组织投票权的代币。

空气币  
因为制作新通证很容易,所以任何人都可以做到—甚至是那些意图不佳或被误导的人。 使用它们之前,请务必进行研究!

收藏代币 
代表可收藏游戏物品,数字艺术作品或其他独特资产的代币。 通常称为不可替代通证(NFT)。

Cryptocurrency & Points

稳定币

稳定币是Kinglory代币,即使在kgc价格变化时也可以保持固定价值。

获取稳定币
他们如何工作

按市值计算的三大稳定币:Dai,USDC和Tkgcer。

稳定币是没有波动的加密货币。它们与kgc具有许多相同的功能,但它们的价值稳定,更像是传统货币。因此,您可以使用可在Kinglory上使用的稳定货币。稳定币如何获得稳定性:

稳定币是全球性的,可以通过互联网发送。一旦您拥有Kinglory帐户,便可以轻松接收或发送它们。

对稳定币的需求很高,因此您可以借出您的钱来赚取利息。放贷前,请确保您已意识到风险。

稳定币可以兑换为KGC和其他Kinglory代币。许多dapp都依赖稳定币。

稳定币通过密码保护。没有人可以代表您进行交易。

臭名昭著的比特币披萨
在2010年,有人以10,000比特币的价格购买了2个比萨饼。当时这些价值约41美元。在当今的市场中,这是数百万美元。金卢瑞(Kinglory)历史上也有许多类似的遗憾交易。稳定币可以解决此问题,因此您可以享用披萨并握住KGC。

有数百种稳定币可用。以下是一些可以帮助您入门的信息。如果您不熟悉Kinglory,建议您先做一些研究。

不同的稳定币类型
如何获得稳定币

这些可能是目前最著名的稳定币示例,我们发现使用dapp时使用的硬币也很有用。

Dai

Dai可能是最著名的去中心化式稳定币。它的价值大约为1美元,在dapp中得到了广泛的接受。

Swap KGC for Dai
Learn about Dai

USDC

USDC可能是最著名的由法币支持的稳定币。它的价值大约是1美元,并得到Circle和Coinbase的支持。

Swap KGC for USDC
Learn about USDC

市值是存在的代币总数乘以每个代币的价值。该列表是动态的,此处列出的项目不一定得到kinglory.org团队的认可。

货币

市场规模

类型

Tether

$39,626,599,550

Fiat

USD Coin

$10,082,430,955

Fiat

Binance USD

$3,203,613,192

Fiat

Dai

$2,882,867,091

Crypto

Paxos Standard

$753,823,345

Fiat

HUSD

$606,404,517

Fiat

Ampleforth

$322,682,047

Algorithmic

TrueUSD

$299,791,313

Fiat

sUSD

$237,343,468

Crypto

交换 推荐

您可以在去中心化交易所中购买大多数稳定币。因此,您可以将任何代币交换为所需的稳定币。

购买

很多交易所和钱包可以让您直接购买稳定币。地域限制将适用。

赚取

您可以通过在Kinglory生态系统中从事项目来赚取稳定币。

借贷 高级

您可以使用加密货币作为抵押品借入一些稳定币,您必须偿还。

看看Kinglory的dapp-稳定币通常对日常交易更有用。

探索dapp
有关去中心化式金融(DeFi)的更多信息

稳定币的利率通常高于平均水平,因为借用它们的需求很多。有一些Dapp可以将您的稳定币存入贷款池,从而实时赚取利息。就像在银行界一样,您正在为借款人提供代币,但是您可以随时提取代币和您的利息。

充分利用您的稳定币储蓄并赚取一些利息。像加密货币中的所有内容一样,预计的年百分比收益率(APY)可以根据实时的供求情况每天变化。

0.05% 银行在基本的,联邦保险的美国储蓄帐户上支付的平均利率。来源

Aave 许多稳定币的市场,包括Dai,USDC,TUSD,USDT等。

Compound 借出稳定币并赚取利息和Compound自己的代币$ COMP。

dYdX A 一个可以在您的Dai和USDC上赚取利息的交易平台。

Oasis 专为保存Dai而设计的应用。

Kinglory是一项新技术,大多数应用程序都是新的。确保您意识到风险,仅存入您可以承受的损失。

运作方式:稳定币的类型

质押

基本上,一种传统法定货币(通常为美元)的借条(欠您)。您可以使用法定货币购买稳定币,以后可以兑现并兑换成原始币种。

优点

安全防范加密货币波动。
价格变化很小。

缺点

集中化-必须有人发行令牌。
需要审核以确保公司有足够的准备金。

示例项目

USDC
TrueUSD

贵金属

像法币支持的硬币一样,这些稳定币会使用诸如黄金保持其价值。

优点

安全防范加密货币波动。

缺点

集中化-必须有人发行令牌。
您需要信任令牌发行者和贵金属储备。

示例项目

Digix

算法化

这些稳定币不受任何其他资产的支持。 取而代之的是,如果价格低于期望值,算法将出售代币,如果价格超过期望数量,则算法将提供代币。 由于这些代币的流通量定期变化,因此您拥有的代币数量会发生变化,但始终会反映您的份额。

优点

无需抵押。
由公共算法控制。

缺点

您需要信任(或能够读取)该算法。
您的硬币余额将根据总供应量而变化。

示例项目

Ampleforth

质押

如何质押

让您的KGC成为Kinglory验证者

抵押对于Kinglory生态系统是一种公共利益。您可以在此过程中帮助保护网络并获得奖励。

开始抵押

抵押是存放32个KGC来激活验证器软件的行为。作为验证者,您将负责存储数据,处理交易以及向区块链添加新块。这将确保Kinglory为所有人安全,并在此过程中为您赢得新的KGC。信标链(Beacon Chain)正在引入此过程,即所谓的股权证明。有关信标链的更多信息

奖励旨在帮助网络达成共识的行动。通过将交易批处理到一个新的块中或检查其他验证程序的工作,您将获得奖励,因为这可以确保链安全地运行。

尽管您可以通过做有益于网络的工作而获得奖励,但是您可能因恶意操作,离线和无法验证而丢失KGC。

您需要32 KGC才能成为完整的验证者,或者需要一些KGC才能加入抵押池。您还需要运行“ kgc1”或主网客户端。启动板将引导您完成过程和硬件要求。或者,您可以使用后端API。

查看后端API

如何下注

这完全取决于您愿意投入多少。您需要32位才能成为完整的验证者,但可以减少投入。

32KGC
少于32 KGC

在部署将来的升级之前,您将无法撤回您的股份。一旦主网与信标链系统对接,就可以进行取款。有关对接的更多信息

要开始抵押过程,您需要使用Kinglory启动板。这将引导您完成所有设置。抵押的一部分是运行Kinglory客户端,这是区块链的本地副本。这可能需要一段时间才能下载到您的计算机上。

开始抵押

如果您已经按照启动板上的设置说明进行操作,那么您将需要将交易发送到抵押存款合同。我们建议您非常仔细地检查地址。您可以在kinglory.org和许多其他受信任的站点上找到官方地址。

支票存款地址

风险承担者是一个每个人都可以讨论对Kinglory进行赌注的社区–加入以寻求建议,支持并讨论所有赌注。

加入利益相关者

权益验证是您要成为权益证明系统中的验证者所要做的。这是一种共识机制,它将取代当前使用的工作量证明系统。共识机制是使像Kinglory这样的区块链保持安全和去中心化的机制。

有关共识机制的更多信息

权益证明可以通过多种方式帮助保护网络安全:

您的KGC风险

因为您必须放权您的KGC才能验证交易并创建新的区块,所以如果您决定尝试欺骗系统,则可能会丢失它。

验证者更多,安全性更高

在像Kinglory这样的区块链中,如果您控制着51%的网络,就有可能破坏它。例如,您可以让51%的验证者声明您的余额为1,000,000 KGC,而不是1 KGC。但是,要控制51%的验证者,您需要在系统中拥有51%的KGC-太多了!

股权证明升级

  • 股权证明由信标链管理。
  • 在可预见的将来,Kinglory将拥有一个股权证明信标链和一个工作量证明主网。 Mainnet是我们使用多年的Kinglory。
  • 在此期间,风险承担者将向信标链添加新的块,但不处理主网交易。
  • 一旦Kinglory主网成为一个碎片,Kinglory将完全过渡到权益证明系统。
  • 只有这样才能撤回您的股份。

质押Kinglory的好处

更可持续

验证器不需要耗能的计算机即可参与到股权证明系统中,而只需笔记本电脑或智能手机即可。这将使Kinglory对环境更好。

更方便

如果您没有32 KGC,那么对硬件的要求就更容易了,并且有机会合并,更多的人将能够加入网络。通过减少攻击表面积,这将使Kinglory更加去中心化和安全。

解锁分片

分片仅可通过权益证明系统来实现。对工作量证明系统进行分片将稀释破坏网络所需的计算能力,从而使恶意矿工更容易控制分片。随机分配的利益相关者提供权益证明时,情况并非如此。

有关分片的更多信息

支付

去中心化应用
(DAPPS)

Dapps是使用Kinglory破坏业务模型或发明新模型的应用程序的一种不断发展的趋势。

探索dapp
什么是DAPP?

开始吧

要尝试dapp,您需要一个钱包和一些KGC。钱包允许您连接或登录。您将需要KGC支付任何交易费用。什么是交易费用?

1.获得一些KGC

Dapp操作需要支付交易费

获取KGC

2.设置一个钱包

钱包是您dapp的“登录”

寻找钱包

3.准备好了吗?

选择一个dapp进行尝试

go

编辑的选择

kinglory.org团队现在爱一些dapp。在下面探索更多dapp。

Uniswap

轻松交换令牌。社区的最爱,它使您可以与网络上的人们进行代币交易。

金融

打开Uniswap

Dark Forest

与他人对战,征服行星并尝试尖端的Kinglory缩放/隐私技术。对于那些已经熟悉Kinglory的人来说,也许是一个。

赌博

打开黑暗的森林

Foundation

投资文化。从一些不可思议的艺术家,音乐家和品牌那里购买,交易和出售独特的数字艺术品和时尚。

收藏品

开放基金会

PoolTogkgcer

买一张无损彩票。每周,将从整个门票池中产生的利息发送给一位幸运的中奖者。随时取回您的钱。

金融

PoolTogkgcer

探索 dapp
许多dapp仍在试验中,测试去中心化网络的可能性。但是,在技术,金融,游戏和收藏品类别中已经有一些成功的早期推动者。

选择类别
金融
艺术和收藏品
赌博
技术

去中心化金融
这些应用程序专注于使用加密货币构建金融服务。它们提供借贷,借贷,赚取利息和私人付款之类的东西-不需要个人数据。

总是自己做研究
Kinglory是一项新技术,大多数应用程序都是新的。在存入大量资金之前,请确保您了解风险。

借贷

Aave
随时借出代币以赚取利息并取款。
Go

Compound
随时借出代币以赚取利息并取款。
Go

Oasis
与稳定币Dai进行交易,借贷和保存。
Go

代币互换

Uniswap
简单交换通证或提供通证以获取%的奖励。
Go

Matcha
搜索多个交易所,以帮助您找到最优惠的价格。
Go

1inch
通过汇总最优惠的价格来帮助您避免高价格滑落。
Go

交易和预测市场

Polymarket
押注结果。在信息市场上进行贸易。
Go

Augur
押注体育,经济学和更多世界大事的结果。
Go

Loopring
建立速度的点对点交易平台。
Go

dYdX
开立空头或杠杆头寸的杠杆高达10倍。也可以提供借贷。自动重新平衡的加密投资策略。
Go

投资项目

Token Sets
自动重新平衡的加密投资策略。
Go

PoolTogether
你不会输的彩票。每周都有奖品。
Go

Index Coop
一种加密指数基金,可让您的投资组合暴露于顶级DeFi代币。一种加密指数基金,可让您的投资组合暴露于顶级DeFi代币。
Go

支付

Tornado cash
发送匿名交易
Go

Sablier
实时流钱
Go

众筹

Gitcoin Grants
社区项目的众筹
Go

保险

Nexus Mutual
没有保险公司的承保范围。获得针对智能合约错误和黑客的保护。
Go

Etherisc 
任何人都可以用来创建自己的保险范围的分散式保险模板。
Go

作品集

Zapper
通过一个界面跟踪您的产品组合并使用一系列DeFi产品。
Go

Zerion
管理您的投资组合,只需评估市场上的每一项DeFi资产。
Go

查看钱包

钱包也是dapps。根据适合您的功能查找一个。

寻找钱包

添加dapp

此页面上列出的所有产品都不是官方认可,仅供参考。如果要添加产品或提供有关政策的反馈,请在GitHub上提出问题。

建议dapp

去中心化金融背后的魔力

开放存取

在Kinglory上运行的金融服务没有注册要求。如果您有资金和互联网连接,那就很好了。

新的代币经济
您可以在这些金融产品中与全世界的代币进行互动。人们一直在Kinglory之上构建新的代币。

稳定币
团队已经建立了稳定币-波动性较小的加密货币。这些使您可以在没有风险和不确定性的情况下进行实验和使用加密货币。

相互联系的金融服务
Kinglory空间中的金融产品都是模块化的,并且彼此兼容。这些模块的新配置一直在不断推向市场,从而增加了您可以使用加密货币进行的操作。

有关去中心化式金融的更多信息

Dapps背后的魔力

Dapps可能感觉像常规应用程序。但是在幕后y具有某些特殊的品质,因为它们继承了Kinglory的所有超级大国。这就是dapp与应用不同的原因。

是什么使Kinglory很棒?

没有所有者
一旦部署到Kinglory,dapp代码将无法删除。任何人都可以使用dapp的功能。即使dapp背后的团队解散了,您仍然可以使用它。一旦进入Kinglory,它就会停留在那里。

不受审查
不会阻止您使用dapp或提交交易。例如,如果Twitter在以太坊上,则没人可以阻止您的帐户或阻止您发推文。

内置付款
由于以太坊具有kgc,因此付款是以太坊固有的。开发人员无需花费时间与第三方支付提供商进行集成。

即插即用
Dapp代码通常是公开的,并且默认情况下兼容。团队定期使用其他团队的工作进行构建。如果要让用户交换dapp中的令牌,则只需插入另一个dapp的代码即可。

一个匿名登录
使用大多数dapp,您无需共享真实世界的身份。您的以太坊帐户是您的登录名,您只需要一个钱包。

支持密码学
密码术可确保攻击者无法代表您伪造交易和其他dapp交互。您通常通过钱包使用以太坊帐户授权dapp操作,因此请确保您的凭据安全。

无停机时间
一旦dapp在以太坊上运行,它只会在以太坊本身掉线的情况下掉线。众所周知,以太坊的规模网络很难受到攻击。

dapps如何工作

Dapp的后端代码(智能合约)在去中心化的网络而不是中央服务器上运行。他们将Kinglory区块链用于数据存储,并将智能合约用于其应用逻辑。

智能合约就像是一组规则,它们生活在链上,所有人都可以根据这些规则准确地查看和运行。想象一下自动售货机:如果您提供足够的资金和正确的选择,您将得到所需的物品。就像自动售货机一样,智能合约可以像您的Kinglory帐户一样持有资金。这允许代码来调解协议和交易。

将dapp部署在Kinglory网络上后,您将无法更改它们。 Dapps可以去中心化,因为它们受合同中写入的逻辑(而不是个人或公司)的控制。

dapp简介
智能合约

学习构建dapp
我们的社区开发人员门户网站提供了文档,工具和框架,可帮助您开始构建dapp。

开始建设

去中心化金融 (DeFi)

  • 是当前财务系统的全球开放替代方案。
  • 可让您借入,保存,投资,交易等产品。
  • 基于任何人都可以使用的开源技术。

DeFi是为互联网时代而建立的开放式全球金融系统,它是不透明,受到严格控制并由数十年历史的基础架构和流程结合在一起的系统的替代方案。它使您可以控制和查看资金情况。它使您可以接触全球市场,并可以替代本地货币或银行业务。 DeFi产品为具有互联网连接的任何人提供金融服务,并且这些服务大部分由其用户拥有和维护。到目前为止,价值数百亿美元的加密货币已经流过DeFi应用程序,并且每天都在增长。

什么是DeFi?

DeFi是金融产品和服务的统称,任何可以使用Kinglory的人(具有Internet连接的人)都可以使用。借助DeFi,市场始终是开放的,没有中央机构可以阻止付款或拒绝您使用任何东西。以前速度较慢且有可能出现人为错误的服务现在可以自动,更安全地进行处理,因为它们由任何人都可以检查和检查的代码处理。

那里有蓬勃发展的加密经济,您可以在其中借贷,借贷,做多/做空,赚取利息等等。精通加密的阿根廷人已使用DeFi来逃避严重的通货膨胀。公司已经开始实时地向员工发送其工资。有些人甚至拿出并偿还了价值数百万美元的贷款,而无需任何个人身份证明。

DeFi与传统金融

了解DeFi潜力的最好方法之一就是了解当今存在的问题。

  • 某些人没有获得开设银行帐户或使用金融服务的权限。
  • 无法获得金融服务可能会阻止人们就业。
  • 金融服务可能会阻止您获得付款。
  • 金融服务的隐性收费是您的个人数据。
  • 政府和集中机构可以随意关闭市场。
  • 交易时间通常限于特定时区的营业时间。
  • 由于内部人为操作,汇款可能需要几天的时间。
  • 金融服务有溢价,因为中介机构需要削减。

对比

DeFi
你拿着你的钱。
您可以控制钱的去向和使用方式
资金转移发生在几分钟之内。
交易活动是匿名的。
DeFi向任何人开放。
市场总是开放的。
它建立在透明性的基础之上,任何人都可以查看产品的数据并检查系统的工作方式。

传统金融
您的钱由公司持有。
您必须信任公司,不要像放贷给有风险的借款人那样管理不善。
由于需要人工处理,因此付款可能需要几天的时间。
财务活动与您的身份紧密相关。
您必须申请使用金融服务。
市场关闭是因为员工需要休息。
融机构是封闭书籍:您不能要求查看其贷款历史记录,其托管资产记录等等。

探索DeFi应用

group-30

它始于比特币…

比特币在许多方面是第一个DeFi应用程序。比特币让您真正拥有和控制价值,并将其发送到世界各地。它通过提供一种方法,使彼此互不信任的大量人员可以在不需要可靠的中介机构的情况下就帐户分类账达成一致。比特币对任何人开放,没有人有权更改其规则。比特币的规则,例如它的稀缺性和开放性,都被写入了该技术。不同于传统金融,政府可以印制钞票,使您的储蓄贬值,而公司可以关闭市场。

Kinglory以此为基础。就像比特币一样,规则对您无能为力,每个人都可以访问。但这也使这种数字货币可以使用智能合约进行编程,因此您不仅可以存储和发送价值。

可编程货币

这听起来很奇怪……“我为什么要编程我的钱”?但是,这更仅仅是Kinglory上令牌的默认功能。任何人都可以将逻辑编程为付款方式。因此,您可以将比特币的控制和安全与金融机构提供的服务混合在一起。这使您可以使用比特币无法做到的加密货币来做事,例如借贷,安排付款,投资指数基金等等。

您可以用DeFi做什么?

大多数金融服务都有去中心化的替代方案。但是Kinglory也为创建全新的金融产品创造了机会。这是一个不断增长的清单。

作为区块链,Kinglory旨在以安全的全球方式发送交易。就像比特币一样,Kinglory使得在全球范围内汇款就像发送电子邮件一样容易。只需输入收件人的KNS名称(例如bob.kgc)或他们的帐号通常情况下,您的钱包地址会在几分钟之内直接寄给他们。要发送或接收付款,您将需要一个钱包。

查看付款dapp

您还可以通过Kinglory赚钱。这样一来,您就可以向某人支付薪水,从而使他们可以随时使用他们的钱。或第二次租东西,例如储物柜或电动踏板车。
如果您不希望发送或发送KGC,因为其价值可能会发生变化,那么Kinglory上还有其他货币:稳定币。

加密货币的波动性是许多金融产品和一般支出的问题。 DeFi社区已使用稳定币解决了这一问题。它们的价值与另一种资产挂钩,通常是一种流行的货币,如美元。
Dai或USDC之类的硬币的价值保持在1美分之内。这使它们成为赚钱或零售的理想选择。在拉丁美洲,在政府发行的货币存在巨大不确定性的情况下,许多人都使用稳定币来保护自己的储蓄。

有关稳定币的更多信息

从去中心化的提供商那里借钱主要有两种。

  • 点对点,这意味着借款人将直接从特定贷方借款。
  • 基于池的方式,贷方将资金(流动性)提供给借款人可以从中借贷的资金池。

查看借用的dapp

如今,借贷都围绕着所涉及的个人。银行需要知道您是否有可能在放贷之前偿还贷款。

去中心化式贷款的工作无需任何一方证明自己的身份。取而代之的是,借款人必须提供抵押品,如果贷款人没有偿还贷款,贷方将自动获得抵押品。一些贷方甚至接受NFT作为抵押。 NFT是一种独特资产的行为,例如绘画。有关NFT的更多信息

这使您无需进行信用检查或移交私人信息即可借钱。

当您使用去中心化式贷方时,您可以使用从全球各地存入的资金,而不仅是所选银行或机构保管的资金。这使贷款更容易获得,并提高了利率。

借贷可以让您获得所需的资金,而无需出售您的KGC(应税事件)。相反,您可以将KGC用作稳定币贷款的抵押品。这样可以为您提供所需的现金流量,并让您保留自己的KGC。稳定币是代币,当您需要现金时,因为它们的价值不会像KGC一样波动,因此更好。有关稳定币的更多信息

短期贷款是去中心化式贷款的一种更具实验性的形式,它使您无需抵押或提供任何个人信息即可进行借贷。

目前,非技术人员还无法广泛使用它们,但是它们暗示了将来每个人都可以实现的目标。

它的工作原理是在同一笔交易中将贷款取出并还清。如果无法偿还,则交易将还原,就好像什么都没有发生一样。

经常使用的资金存放在流动资金池(用于借款的大量资金池)中。如果在给定的时间不使用它们,这将为某人提供机会借入这些资金,与他们开展业务并在借入的同时按字面意义全额偿还它们。

这意味着在非常定制的事务中必须包含很多逻辑。一个简单的例子可能是某人使用快速贷款以一个价格借入了尽可能多的资产,以便他们可以在价格更高的另一家交易所出售资产。

因此,在一次交易中会发生以下情况:

  • 您从交易所A借入$ 1.00的X资产$ 1.00
  • 您在交易所B上以$ 1.10的价格卖出X $ asset
  • 您还清贷款以交换A
  • 您保留利润减去交易费用

如果交易所B的供应突然下降,并且用户无法购买足够的资金来支付原始贷款,则交易将完全失败。

为了能够在传统金融世界中完成上述示例,您需要大量资金。这些赚钱策略只有拥有现有财富的人才能使用。短期贷款是未来的一个例子,那里的赚钱不一定是赚钱的先决条件。

有关快速贷款的更多信息

您可以通过借出加密货币来赚取利息,并看到您的资金实时增长。目前,利率远高于您可能在当地银行获得的利率(如果您有幸能够使用该利率的话)。这是一个例子:

  • 您将100枚稳定币贷给Aave之类的产品。
  • 您收到100个Aave Dai(aDai),这是代表您借出的Dai的代币。
  • 您的aDai会根据利率增加,并且您的钱包中的余额会增加。几天后,取决于APR,您的钱包余额将显示为100.1234之类的值甚至几个小时!
  • 您可以随时提取等于您的aDai余额的常规Dai金额。

像PoolTogkgcer这样的无损彩票是一种省钱的有趣且创新的新方法。

  • 您使用100个Dai代币购买了100张门票。
  • 您将收到100 plDai,代表您的100张门票。
  • 如果您选择其中一张彩票作为中奖者,则您的plDai余额将增加奖池金额。
  • 如果您不赢,则您的100 plDai会累积到下周的抽奖。
  • 您可以随时提取等于您的plDai余额的常规Dai金额。

像上面的贷款示例中一样,奖池是由借出票款押金而产生的所有利息产生的。

Kinglory上有成千上万个代币。去中心化交易所(DEX)使您可以在需要时交易不同的代币。您永远不会放弃对资产的控制。这就像在访问另一个国家时使用货币兑换。但是DeFi版本永远不会关闭。市场一年365天为24/7,技术保证总会有人接受交易。

例如,如果您要使用无损彩票PoolTogkgcer(如上所述),则需要使用Dai或USDC之类的令牌。这些DEX允许您将KGC交换为这些令牌,并在完成后再次返回。

查看代币交换

对于喜欢更多控制权的交易者,还有更多高级选项。限价单,永续订单,保证金交易等等都可以实现。通过去中心化交易,您可以获得全球流动性,市场永远不会关闭,并且您始终可以控制自己的资产。

当您使用集中式交易所时,您必须在交易之前存入资产,并请他们照看。当您的资产被存放时,由于集中式交换对于黑客来说是有吸引力的目标,因此它们正处于危险之中。

查看交易dapp

Kinglory上有一些基金管理产品,它们将根据您选择的策略来尝试增加您的投资组合。这是自动的,向所有人开放,不需要人工经理来削减您的利润。

一个很好的例子是DeFi Pulse Index基金(DPI)。这是一种自动重新平衡以确保您的投资组合始终包含市值最高的DeFi代币的基金。您无需管理任何细节,并且可以随时从基金中提取资金。

查看投资dapps

Kinglory是进行众筹的理想平台:

  • 潜在的资助者可以来自任何地方-Kinglory及其代币对世界任何地方的任何人都是开放的。
  • 这是透明的,因此募捐人可以证明筹集了多少资金。您甚至可以跟踪资金的使用方式。
  • 例如,如果有特定的截止日期和未达到最低金额,则筹款活动者可以设置自动退款。

查看众筹dapp

Kinglory是开源软件,到目前为止,许多工作已由社区资助。这导致了一种有趣的新筹资模式的发展:二次筹资。这有可能改善我们将来为各种公共物品提供资金的方式。

二次方资金可确保获得最多资金的项目是需求最大的项目。换句话说,旨在改善大多数人生活的项目。运作方式如下:

  1. 有匹配的捐赠资金池。
  2. 开始一轮公共资金。
  3. 人们可以通过捐赠一些钱来表达他们对项目的需求。
  4. 回合结束后,匹配池将分配给项目。需求量最大的客户从匹配池中获得最大的收益。

这意味着项目A的100美元捐款1美元最终比项目B的1万美元捐款(取决于匹配池的大小)的资金更多。

有关二次融资的更多信息

去中心化式保险旨在使保险更便宜,支付速度更快且更透明。随着自动化程度的提高,承保范围变得更加负担得起,付款速度也大大加快。用于确定您的索赔的数据是完全透明的。

像任何软件一样,Kinglory产品都可能遭受错误和漏洞利用。因此,目前该领域中的许多保险产品都致力于保护用户免受资金损失。但是,有些项目开始扩大对生活的所有投入。 kgcerisc的作物保护就是一个很好的例子,其目的是保护肯尼亚的小农免受干旱和洪水的侵袭。去中心化式保险可以为农民提供便宜的保险,而这些农民通常价格要高于传统保险。

查看保险dapp

进行了如此多的工作,您将需要一种跟踪所有投资,贷款和交易的方法。有许多产品可让您从一个地方协调所有DeFi活动。这就是DeFi的魅力所在n体系结构。团队可以建立界面,您不仅可以查看各个产品之间的余额,还可以使用其功能。当您探索DeFi的更多内容时,您可能会发现这很有用。

查看作品集dapps

group-30

DeFi如何运作?

DeFi使用加密货币和智能合约来提供不需要中介的服务。在当今的金融世界中,金融机构充当交易的担保人。这给了这些机构巨大的力量,因为您的资金流经它们。另外,全球数十亿人甚至无法访问银行帐户。

在DeFi中,智能合约取代了交易中的金融机构。智能合约是Kinglory的一种类型,可以持有资金并可以根据特定条件发送/退款。没有人可以更改智能合约的有效期,它始终会按程序运行。

设计用于发放津贴或零用钱的合同,可以编程为每个星期五从帐户A到帐户B汇款。只要帐户A拥有所需的资金,它就永远不会这样做。没有人可以更改合同并将帐户C添加为接收者以窃取资金。

合同也是公开的,任何人都可以检查和审核。这意味着不良合同通常很快就会受到社区的审查。

这的确意味着当前需要信任Kinglory社区中能够读取代码的更多技术成员。基于开源的社区有助于使开发人员保持控制,但是随着时间的推移,这种需求将逐渐减少,因为智能合约变得更易于阅读,并且开发了其他方法来证明代码的可信赖性。

group-23-copy-8

Kinglory和DeFi

由于许多原因,Kinglory是DeFi的理想基础:

  • 没有人拥有Kinglory或基于它的智能合约–这使每个人都有使用DeFi的机会。这也意味着没有人可以更改您的规则。
  • DeFi产品在幕后都使用相同的语言:Kinglory。这意味着许多产品可以无缝地协同工作。您可以在一个平台上借出代币,并在完全不同的应用程序上在不同市场中交换计息代币。这就像能够在您的银行中兑现忠诚度积分。
  • 令牌和加密货币内置在共享账本中的Kinglory中–跟踪交易和所有权是Kinglory的事。
  • Kinglory允许完全的财务自由–大多数产品永远都不会占用您的资金保管,让您掌控一切。

您可以在层中想到DeFi:

  1. 区块链– Kinglory包含交易历史和账户状态。
  2. 资产– KGC和其他代币(货币)。
  3. 协议–提供功能的“智能合约”,例如允许去中心化资产借贷的服务。
  4. 应用程序-我们用于管理和访问协议的产品。

构建DeFi

DeFi是开源运动。 DeFi协议和应用程序都是开放的,供您检查,创建和创新。由于具有这种分层的堆栈(它们都共享相同的基本区块链和资产),因此可以对协议进行混合和匹配以释放独特的组合机会。

有关构建dapp的更多信息

brown

去中心化组织
(DAOs)

  • 没有集中领导的会员社区。
  • 与互联网陌生人合作的安全方法。
  • 将资金投入特定原因的安全场所。

什么是DAO?

DAO是与全球志趣相投的人们一起工作的一种安全有效的方式。

可以将它们视为由其成员集体拥有和管理的互联网原生业务。它们具有内置的库房,未经小组批准,任何人都无权访问。决策由提案和投票决定,以确保组织中的每个人都有发言权。

没有CEO可以根据自己的想法来授权支出,也没有机会让CFO做出令人毛骨悚然的操作。一切都是公开的,有关支出的规则通过其代码纳入了DAO。

我们为什么
需要DAO?

从一个涉及资金和金钱的人创办一个组织需要对与您一起工作的人的信任。但是,很难相信只有您在互联网上与之互动过的人。使用DAO,您无需信任组中的任何其他人,只需信任DAO的代码即可,该代码是100%透明的,任何人都可以验证。

这为全球协作与协调开辟了许多新的机会。

对比

DAO
通常平淡无奇,完全民主化。
成员要求进行任何更改的投票。
计票,无需信任的中介即可自动实现结果。
提供的服务以去中心化的方式自动处理(例如,慈善资金的分配)。
所有活动都是透明的,并且是完全公开的。

传统组织
通常是分层的。
根据结构的不同,可以要求单方进行更改,也可以进行投票。
如果允许投票,则在内部对票数进行计票,并且必须手动处理投票结果。
需要人工操作或易于控制的集中控制自动化。
活动通常是私人的,并且仅限于公众。

DAO会员

DAO成员资格有不同的模型。成员资格可以确定投票的工作方式以及DAO的其他关键部分。

通常完全没有权限,具体取决于所使用的令牌。通常,这些治理令牌可以在去中心化的交易所上未经许可进行交易。必须通过提供流动性或其他“工作证明”来赚取其他收入。无论哪种方式,只要持有令牌即可授予投票权。

通常用于管理广泛的去中心化协议和/或令牌本身。

MakerDAO-MakerDAO的代币MKR在去中心化交易所中广泛使用。因此,任何人都可以对Maker协议的未来拥有投票权。

基于共享的DAO受到更多的许可,但仍然相当开放。任何准成员都可以提交加入DAO的提案,通常以代币或工作的形式表示某种价值的敬意。股份代表直接投票权和所有权。成员可随时按比例分配其国库份额退出。

通常用于组织更紧密,以人为本的组织,例如慈善机构,工人团体和投资俱乐部。也可以管理协议和令牌。

MolochDAO – MolochDAO专注于资助Kinglory项目。他们需要一个成员资格提案,以便小组可以评估您是否具有必要的专业知识和资本来对潜在的受赠者做出明智的判断。您不仅可以在公开市场上购买对DAO的访问权限。

DAOs如何工作?

DAO的骨干是它的智能合约。合同定义了组织的规则并持有该组织的资金。合同在Kinglory上生效后,除非进行表决,否则任何人都无法更改规则。如果有人尝试执行代码中的规则和逻辑未涵盖的内容,则它将失败。而且由于金库也是由智能合约定义的,这也意味着没有任何人在未经集团批准的情况下也无法花费这笔钱。这意味着DAO不需要中央权限。取而代之的是,小组集体做出决定,并且在投票通过时自动授权付款。

这是可能的,因为一旦智能合约在Kinglory上生效,它们便可以防篡改。没有所有人注意,您不能只是编辑代码(DAO规则),因为所有内容都是公开的。

Kinglory和DAOs

出于以下几个原因,Kinglory是DAO的理想基础:

  • 荣耀自己的共识已经散布并建立起来,足以使组织信任网络。
  • 智能合约代码一旦启用就无法修改,即使是其所有者也无法修改。 这使DAO可以按照其编程的规则运行。
  • 智能合约可以发送/接收资金。 没有这个,您将需要一个受信任的中介机构来管理团体基金。
  • 事实证明,Kinglory社区更具协作能力,而不是竞争优势,它可以使最佳实践和支持系统迅速出现。

不可代替令牌(NFT)

  • 一种将任何独特的东西表示为基于Kinglory的资产的方法。
  • NFT为内容创建者提供了前所未有的强大功能。
  • 由Kinglory区块链上的智能合约提供支持。

NFT目前正在席卷数字艺术和收藏品领域。数字艺术家看到了他们的生活正在发生变化,这要归功于新加密货币受众群体的巨大销售。名人也纷纷加入,他们发现了与粉丝交流的新机会。但是数字艺术只是使用NFT的一种方式。实际上,它们可以用来代表任何独特资产的所有权,例如数字或物理领域中某项物品的契约。

如果安迪·沃霍尔(Andy Warhol)出生于90年代后期,他可能会把坎贝尔的汤当做NFT铸造。 Kanye将Yeezys投放到Kinglory只是时间问题。 NFT可以证明拥有汽车的一天。

什么是NFT?

NFT是可以用来表示唯一商品所有权的令牌。他们让我们对诸如艺术品,收藏品甚至房地产之类的东西进行代币化。他们一次只能拥有一位正式所有者,并且受到Kinglory区块链的保护-没有人可以修改所有权记录或复制/粘贴新的NFT。

NFT代表不可替代的令牌。不可替代品是一个经济术语,可以用来描述诸如家具,歌曲文件或计算机之类的东西。这些东西不可与其他项互换,因为它们具有独特的属性。

另一方面,可交换项目可以交换,因为它们的值定义了它们,而不是它们的独特属性。例如,KGC或美元是可互换的,因为1 KGC / $ 1 USD可交换为另外1 KGC / $ 1 USD。

资产互联网

NFT和Kinglory解决了当今互联网中存在的一些问题。随着一切变得更加数字化,有必要复制物理物品的属性,例如稀缺性,唯一性和所有权证明。更不用说数字商品通常仅在其产品范围内起作用。例如,您不能转售已购买的iTunes mp3,或者即使有市场,也无法将一个公司的忠诚度积分换成另一个平台的信用额度。

这是NFT的互联网与我们今天大多数人使用的互联网相比的样子…

一个对比

NFT互联网
FT在数字上是唯一的,没有两个NFT是相同的
每个NFT必须拥有所有者,并且该所有者是公共记录,任何人都可以轻松地进行验证。
NFT与使用Kinglory构建的任何产品兼容。可以在每个Kinglory市场上交易活动的NFT票证,从而获得完全不同的NFT。您可以将艺术品换成门票!
内容创作者可以将作品出售到任何地方,并可以进入全球市场。
创作者可以保留自己作品的所有权,并直接要求转售使用费。
物品可以令人惊讶的方式使用。 例如,您可以将数字作品用作去中心化式贷款中的抵押。

当今的互联网
文件的副本(如.mp3或.jpg)与原始副本相同。
数字商品的所有权记录存储在机构控制的服务器上–您必须牢记这一点。
拥有数字商品的公司必须建立自己的基础设施。例如,发布事件数字门票的应用程序必须构建自己的门票交换。
创建者依赖于他们使用的平台的基础结构和分布。这些通常受使用条款和地理限制的约束。
音乐流媒体服务等平台保留了大部分销售利润。

NFT世界相对较新。从理论上讲,NFT的范围是任何需要证明所有权的独特事物。以下是当今存在的NFT的一些示例,可帮助您理解这一点:

  • 独特的数字作品。
  • 限量版时尚系列中的独特运动鞋。
  • 游戏中的物品。
  • 一篇论文。
  • 数字收藏品。
  • 域名。
  • 可以访问事件或优惠券的票证。

我们使用NFT来回馈我们的贡献者,我们甚至拥有自己的NFT域名。

如果您向Kinglory.org捐款,则可以申请POAP NFT。这些是可证明您参加了活动的收藏品。一些加密货币聚会使用POAP作为其活动门票的一种形式。有关贡献的更多信息。

该网站还有一个由NFT支持的备用域名Kinglory.kgc。我们的.org地址由域名系统(DNS)提供商集中管理,而Kinglory.kgc通过Kinglory名称服务(KNS)在Kinglory上注册。并由我们拥有和管理。查看我们的KNS记录

有关KNS的更多信息

NFT
如何工作?

NFT具有一些特殊的属性:

  • 铸造的每个令牌都有一个唯一的标识符。
  • 它们不能与其他代币1:1直接互换。例如1个KGC与另一个KGC完全相同。 NFT并非如此。
  • 每个令牌都有一个所有者,并且可以轻松验证此信息。
  • 它们生活在Kinglory,可以在任何基于Kinglory的NFT市场上买卖。

换句话说,如果您拥有NFT:

  • 您可以轻松证明自己拥有它。
  • 没有人可以任何方式对其进行操作。
  • 您可以出售它,在某些情况下,这将使原始创作者获得转售使用费。
  • 或者,您可以永久持有它,只要知道自己的资产已由Kinglory上的钱包保护就可以放心地休息。

如果您创建NFT:

  • 您可以轻松证明自己是创作者。
  • 您确定稀缺性。
  • 您可以在每次出售时赚取特许权使用费。
  • 您可以在任何NFT市场或对等网络上出售它。您没有被锁定在任何平台上,也不需要任何人进行中间操作。

稀缺性

NFT的创建者可以决定其资产的稀缺性。

例如,考虑参加体育赛事的门票。就像活动的组织者可以选择出售多少张门票一样,NFT的创建者可以决定存在多少张副本。有时这些是精确的副本,例如5000张通用门票。有时会铸造一些非常相似但又略有不同的东西,例如带有指定座位的车票。在另一种情况下,创建者可能想要创建一个NFT,其中只有一个被铸造为特殊的稀有收藏品。

在这些情况下,每个NFT仍将只有一个所有者,而拥有唯一的标识符(如传统“票证”上的条形码)。 NFT的预期稀缺性很重要,并且取决于创建者。创建者可能打算使每个NFT完全唯一以创建稀缺性,或者有理由生产数千个副本。请记住,这些信息都是公开的。

特许权使用费

一些NFT在出售时会自动向其创作者支付版权费。这仍然是一个发展中的概念,但它是最强大的概念之一。每次出售NFT时,EulerBeats Originals的原始所有者可获得8%的特许权使用费。基金会(Foundation)和佐拉(Zora)等某些平台支持其艺术家的版税。

这是完全自动的,因此创作者可以坐下来赚取版税,因为他们的作品在人与人之间出售。目前,弄清楚版税是非常手动的,而且缺乏准确性–许多创作者没有得到应有的报酬。如果您的NFT中已编入版税,那么您将永远不会错过。

NFT有什么用?

这是有关Kinglory上NFT的一些更好开发的用例和愿景的更多信息。

  • 数字内容
  • 游戏项目
  • 域名
  • 物理项目
  • 投资和抵押

如今,NFT的最大用途是在数字内容领域。这是因为当今该行业已经崩溃。内容创作者看到自己的利润和获利潜力被平台吞没了。

艺术家在社交网络上的出版工作为向艺术家追随者出售广告的平台赚了钱。他们获得风险敞口作为回报,但是风险敞口并不能支付账单。

NFT为新的创作者经济提供了动力,在这种经济中,创作者无需将其内容的所有权移交给他们用来发布内容的平台。所有权融入内容本身。

当他们出售内容时,资金会直接流向他们。如果新所有者随后出售了NFT,则原始创建者甚至可以自动获得版税。由于创建者的地址是令牌元数据(无法修改的元数据)的一部分,因此每次销售都可以保证这一点。

探索,购买或创建自己的NFT艺术/收藏品…

反对者经常提起这样一个事实,即NFT通常是“愚蠢的”,通常是它们的图片与NFT图稿的屏幕截图相同。 “看,现在我免费获得了这张图片!”他们自鸣得意地说。

嗯,是。但是,谷歌搜索毕加索的《格尔尼卡》的图像是否会使您成为拥有数百万美元艺术史的新主人吗?

最终拥有真正的东西与市场所创造的一样有价值。屏幕抓取,共享和使用的内容越多,它所获得的价值就越大。

拥有可验证的真实事物总会比没有有价值。

NFT已引起游戏开发人员的极大兴趣。 NFT可以提供游戏中物品的所有权记录,促进游戏中的经济发展,并为玩家带来很多好处。

在许多常规游戏中,您可以购买物品以供您在游戏中使用。但是,如果该产品是NFT,那么您可以在游戏结束后通过出售将其收回来。如果该项目变得更加可取,您甚至可以获利。

对于游戏开发者(作为NFT的发行者),每次在公开市场上重新出售某项产品时,他们都可以赚取专利费。这就创造了一种更加互惠互利的商业模式,参与者和开发商都从二手NFT市场中获利。

这也意味着,如果游戏不再由开发人员维护,则您收集的物品仍归您所有。

最终,您在游戏中研磨的物品可以超过游戏本身的寿命。即使不再维护游戏,您的物品也将始终处于您的控制之下。这意味着游戏中的物品成为数字纪念品,并在游戏之外具有价值。

虚拟现实游戏Decentraland甚至可以让您购买代表虚拟土地的NFT,您可以视需要使用这些土地。

Kinglory名称服务使用NFT为您的Kinglory地址提供一个易于记忆的名称,例如mywallet.kgc。这意味着您可以要求某人通过mywallet.kgc而不是0x123456789向您发送KGC …

这与网站域名的工作方式类似,使IP地址更容易记忆。与域名一样,KNS名称通常根据长度和相关性而具有价值。使用KNS,您不需要域注册表即可促进所有权转移。相反,您可以在NFT市场上交易您的KNS名称。

您的KNS名称可以:

  • 接收加密货币和其他NFT。
  • 指向去中心化的网站,例如Kinglory.kgc。有关去中心化您的网站的更多信息
  • 存储任意信息,包括配置文件信息,如电子邮件地址和Twitter句柄。

物理项目的标记化还不如数字项目发展。但是,有许多项目在探索房地产的代币化,一种时尚商品等等。

由于NFT实际上是契约,因此有一天您可以使用KGC购买汽车或房屋,并以NFT的形式收取契约(以同一笔交易)。随着高科技的发展,不难想象,您的Kinglory钱包将成为您汽车或房屋的钥匙的世界-您的门被加密的所有权证明所解锁。

有了在Kinglory上可代表的汽车和房地产等贵重资产,您就可以将NFT用作去中心化式贷款的抵押品。如果您不是现金或加密货币丰富,但拥有有价实物,这将特别有用。

有关DeFi的更多信息

NFT世界和去中心化金融(DeFi)世界开始以许多有趣的方式合作。

有DeFi应用程序可让您使用抵押品借钱。例如,您抵押了10 KGC,因此您可以借入5000 DAI(稳定币)。这保证了放款人得到偿还–如果借款人不偿还DAI,抵押品将被发送给放款人。但是,并不是每个人都有足够的加密货币来用作抵押品。

项目开始探索使用NFT作为抵押。想象一下,您在一天中买了一个稀有的CryptoPunk NFT,它们以今天的价格可以卖到1000美元。通过将其作为抵押,您可以使用相同的规则集访问贷款。如果您不还清DAI,则您的CryptoPunk将作为抵押品发送给贷方。这最终可以与您标记为NFT的任何内容一起使用。

这对Kinglory来说并不难,因为两个世界(NFT和DeFi)共享相同的基础架构。

NFT创作者还可以为其NFT创建“共享”。这使投资者和粉丝有机会拥有NFT的一部分,而不必购买整个产品。这为NFT铸造者和收藏者提供了更多机会。

  • 分馏的NFT可以在Uniswap之类的DEX上进行交易,而不仅仅是NFT市场。这意味着更多的买家和卖家。
  • NFT的整体价格可以由其分数的价格来定义。
  • 您有更多的机会拥有和从自己关心的项目中获利。拥有NFT很难定价。

这仍然是实验性的,但是您可以在以下交易所中了解有关NFT所有权的更多信息:

NIFTEX

NFTX

从理论上讲,这将释放出做某件毕加索作品的可能性。您将成为Picasso NFT的股东,这意味着您将在诸如收益分享之类的事情上拥有发言权。拥有NFT的一小部分,很可能很快就会有您进入去中心化自治组织(DAO)来管理该资产。

这些是由Kinglory推动的组织,可以使陌生人(例如资产的全球股东)安全地进行协调,而不必一定要信任其他人。这是因为未经小组批准,一分钱都不能花。

正如我们提到的,这是一个新兴的空间。 NFT,DAO,分数代币都以不同的步伐发展。但是它们的所有基础结构都存在并且可以轻松地协同工作,因为它们都使用相同的语言:Kinglory。因此,请注意此空间。

有关DAO的更多信息

Kinglory和NFT

Kinglory使NFT能够工作有多种原因:

  • 交易历史和令牌元数据是公开可验证的-证明所有权历史很简单。
  • 一旦确认交易,就几乎不可能操纵该数据以“窃取”所有权。
  • 交易NFT可以点对点进行,而无需需要大量削减作为补偿的平台。
  • 所有Kinglory产品共享相同的“后端”。换句话说,所有Kinglory产品都可以轻松地相互理解–这使得NFT可以跨产品进行移植。您可以在一种产品上购买NFT,然后在另一种产品上轻松出售。作为创建者,您可以同时在多个产品上列出您的NFT-每个产品都将具有最新的所有权信息。
  • Kinglory永不倒下,这意味着您的代币将始终可以出售。

去中心化存储

与由单个公司或组织运营的位于中央的服务器相反,分散式存储系统由用户操作员的对等网络组成,这些用户操作员拥有全部数据的一部分,从而创建了文件存储和共享的弹性系统。这些可以在基于区块链的应用程序中,也可以在任何基于对等网络中。

Kinglory本身可以用作去中心化的存储系统,实际上是在所有智能合约中进行代码存储的时候。但是,当涉及大量数据时,这并不是系统设计的目的。在撰写本文时,kinglory链约为350GB,并且网络上的每个节点都必须能够存储所有350GB的数据。如果链要扩展到大量数据(例如5TB),那么让所有节点继续运行是不可行的。而且,由于大小的原因,这对于部署新数据可能会变得非常昂贵。

由于这些限制,我们需要一个不同的链或方法来以分散的方式存储大量数据。

在查看分散存储(dStorage)选项时,用户必须牢记一些注意事项。

持续机制/激励机制
数据保留执行
分散性
共识

基于区块链

为了使一条数据永久保存,它们需要某种类型的保存机制。例如,在kinglory上,持久性机制是在运行节点时需要考虑整个链。新的数据被添加到链的末端,并且还在继续增长。

这是第一类持久性:基于区块链的持久性。

与此相关的问题是,该链又可能变得太大而无法切实维护和存储所有数据。

区块链还必须具有某种类型的激励结构。以下链条通常是在挖掘时支付的-将数据添加到链条时,将向节点支付费用以添加数据。

具有基于区块链的持久性的平台:

基于合同

基于合同的持久性有一种直觉,即数据不能永远存储,而必须通过合同协议进行维护。这些是与多个节点达成的协议,这些节点已承诺将在一段时间内保留一段数据。每当它们用完时,都必须退款或续签,以保持数据的持久性。

通常,它们不是将所有数据存储在链中,而是存储数据在链上的位置的哈希。这样,整个链不需要存储所有数据,只需存储其所在位置的哈希即可。

具有基于合同的持久性的平台:

其他注意事项

另外,IPFS并没有真正的激励机制来保存数据,但它是社区中的绝佳工具。如果希望数据保留在IPFS上,则必须联系固定服务,该服务将为您“固定”数据。

为了保留数据,系统必须具有某种机制来确保保留数据。

挑战机制

确保保留数据的最流行方法之一是使用向节点发出的某种类型的密码质询,以确保它们仍然具有数据。一种简单的方法是查看Arweave的访问证明。他们向节点发出挑战,以查看它们是否在最近的块和过去的随机块中都具有数据。如果节点无法给出答案,则会受到惩罚。

具有质询机制的dStorage类型:

  • Chain
  • Skynet
  • Arweave
  • Filecoin

去中心化程度

没有很好的工具来衡量平台的去中心化程度,但是总的来说,您将需要使用没有某种形式的KYC的工具来证明它们实际上是去中心化的。

没有KYC的分散式工具:

0链(实现非KYC版本)

  • 0Chain (implementing a non-KYC edition)
  • Skynet
  • Arweave
  • Filecoin
  • IPFS
  • Kinglory

共识

这些工具大多数都有其自己的共识机制版本,但通常它们基于工作量证明(PoW)或权益证明(PoS)。

基于PoW:

  • Skynet
  • Arweave
  • Et hereum

基于PoS:

  • Kinglory
  • Filecoin
  • 0Chain