Concordium (CCD) Gets Listed on KuCoin!

Dear KuCoin Users,

KuCoin is extremely proud to announce yet another great project coming to our trading platform. Concordium (CCD) will be available on KuCoin. Supported trading pair is CCD/USDT.

Please take note of the following schedule:

• Deposits Effective Immediately (Supported Network: CCD)
• Trading: 9:00 on May 27, 2022 (UTC)
• Withdrawals: 10:00 on May 28, 2022 (UTC)

Tags: DeFi, Layer1, Zero-Knowledge Proof

Project Summary

*Key metric numbers are calculated as of May 25 2022.

Concordium is a public-permissionless layer one blockchain with leadership from Volvo, IKEA, Credit Suisse, and more. To date, it has raised 52M EUR, and partnered with Geely, a global automaker and co-owner of Volvo Cars, Volvo AB, and Daimler. Concordium embeds encrypted ID into every on-chain transaction, making it part of ID credentials available to smart contracts, whilst preserving privacy. But why does ID even matter? In the next decade, every person and company will use decentralised services in order to verify almost everything on the blockchain. Modern pioneers are trying to build for this mass adoption of Web3, however, they need trust to make it all work. Whether we are online dating, gaming, or trading, we need to know who the other person is. With a built-in ID layer, people and companies will be able to verify one another in confidence, while remaining private, to conduct safe transactions on the first blockchain that will unlock a global, multi-trillion-dollar economy. By leveraging zero-knowledge proofs, Concordium is able to provide users complete privacy while using the blockchain, and ensure accountability. With a unique finality layer, Concordium makes it impossible for rollbacks to happen. The platform's native coin, CCD, is used for paying transaction fees, staking, rewards for node operators, and as a collateral/settlement medium for Concordium’s DeFi landscape. The team consists of key leadership with significant experience that have both built and worked at some of the largest companies in the banking, finance, and crypto industry, and are now scaling the chain to their extensive network of the world's biggest enterprises.

Official Website: https://www.concordium.com

Whitepaper: Click to view

Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

Regards,

The KuCoin Team

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