What is IO Coin (IOVC Coin)?

What is IO Coin? According to official information, IO is the only accounting un

What is IO Coin (IOVC Coin)?

What is IO Coin? According to official information, IO is the only accounting unit in the blockchain network. By issuing and circulating IOVC tokens, it can support monetary policy, financial services, and other application scenarios. In addition, transaction fees can be paid by purchasing ADA. It is introduced that Cardano (ADA) is an open platform project with the vision of building a decentralized network ecosystem on the basis of Bitcoin, coexisting with other digital assets to benefit the entire crypto industry. (ChainNews)

IOVC Coin

According to iovc.com, IOVC Coin is a token issued based on IOVC. By mortgaging IOVC Coin, participants can obtain the platform token IOVC and participate in community voting to determine project direction and future development.

According to official introduction, users can mint IOV by mortgaging their holdings of IOVC (currently listed on Huobi Pro). The project aims to achieve diversified development of the financial services ecosystem. It will also support the creation, pledging, and trading functions of more types of tokens.

It is understood that iovc coin is a decentralized autonomous organization (DAO) initiated and promoted by the iovc foundation, dedicated to building infrastructure for decentralized applications (dapps) and providing distributed network technology support.

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