Kyoto Protocol is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of Kyoto Protocol are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
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Kyoto Protocol Review
About Kyoto Protocol
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Kyoto Protocol token by explaining what the coin is about, tokenomics, roadmap, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.
What is Kyoto Protocol?
KyotoProtocol is named after the Kyoto Protocol 1997. – The first agreement to be signed by the United Nations to combat climate change by implementing emission trading in the form of carbon credits.
As carbon taxes become more prevalent to institutions globally, KyotoProtocol aims to offer a solution to companies wishing to cost effectively offset carbon emissions at little to no cost.
WEB3 accessibility allows any user globally to benefit from KyotoProtocol’s ecosystem by holding its native $KYOTO token, which is supported through its ecosystem of defi applications built in partnership with multiple blockchains.
The $KYOTO token is initially distributed on the BSC network as a 12 month genesis phase before migration to its own layer one blockchain, which will sit between all of its partnered blockchain defi applications.
Kyoto Protocol Supply
Pros and Cons of Kyoto Protocol
Pros of Kyoto Protocol
- There is a surge in the market price currently
- Project whitepaper available
- There is a community
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – Kyoto Protocol
Cons of Kyoto Protocol
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is Kyoto Protocol Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, Kyoto Protocol have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is Kyoto Protocol Safe?
Being willing to invest in any token is a question entirely up to you to answer. Kyoto Protocol token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
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