What is Shentu (CTK)?
Shentu (CTK), previously known as CertiK, is a Layer 1 blockchain built on the Cosmos SDK with a Delegated Proof-of-Stake (DPoS) consensus mechanism. Shentu's main goal is to provide a secure platform for blockchain infrastructure and decentralized applications (dApps) to be built. It focuses on quantifying the safety level of transactions, allowing applications to make precise decisions on whether to permit transactions.
CTK Coin is the native cryptocurrency of the Shentu Blockchain. It is used for:
Transaction Fees: CTK is used to pay fees for transactions and smart contracts on the network.
Staking: Users can stake CTK to participate in securing the network and earn rewards.
Governance: CTK holders have the right to participate in decision-making regarding the future of the platform.
Shentu Chain Ecosystem
The Shentu ecosystem includes the following components:
Security Certifier: Security experts who contribute opinions, vote on decisions, and ensure the safety of the system.
Validator Operator: Entities operating nodes, participating in data validation and block creation.
CertiK Virtual Machine (CVM): As mentioned, CVM allows users to access, audit, and integrate smart contracts securely.
OpenBounty: An incentive program for white-hat hackers to find security vulnerabilities in projects on the Shentu Chain.
Tokenomics
Basic Information:
Name: Shentu
Trading Name: CTK
Type: Coin, Utility Token
Platform: Shentu, BEP-20
BEP-20 Contract: 0xa8c2b8eec3d368c0253ad3dae65a5f2bbb89c929
Total Supply: 141,143,721 CTK
CTK Token Allocation:
Binance Launchpool: 1.5%
Private Sale 1: 29%
Private Sale 2: 9%
Team: 10%
Foundation: 25%
Community Team: 17.5%
ShentuShield Team: 8%
CTK Token Unlocking Schedule:
Who created Shentu (CTK) Coin?
Shentu was developed by seasoned engineers from CertiK. The head of this team is Ronghui Gu, co-founder and CEO of CertiK, with nearly 5 years of teaching experience at Columbia University.
Investor
Shentu has attracted the interest of many major investors from the beginning. In 2018, Binance Labs was the first investor to trust this project. Later, Shentu continued to receive support from 'giants' in the tech industry such as Coinbase, SoftBank, Goldman Sachs, and Sequoia.
In private funding rounds, Shentu raised a total of $39.43 million. Subsequently, the company successfully raised hundreds of millions of dollars in two Series B funding rounds. This has helped elevate Shentu's value to $2 billion.
Current exchange rate of Shentu (CTK)
Where to buy and sell CTK Coin?
Currently, you can buy and sell CTK Coin on exchanges such as:
Mexc.com
Gate.io
Bingx.com
Among the exchanges trading CTK, the largest volume is on Binance, accounting for over 50% of the total trading volume of all other exchanges combined.
If anyone intends to buy this coin, they should go to this exchange to trade, as the large trading volume facilitates liquidity; moreover, this exchange is currently the top exchange in the world, so you can be completely assured when trading.
Register an account on Binance and get a 20% discount on trading fees: https://accounts.binance.com/register?
CTK Storage
Some popular wallets that can store CTK include:
Metamask
TrustWallet
Binance Wallet Chain
Additionally, choosing to store on Binance is also a very good option.