It has been a long time since we last talked about KryptKoin on this website. SOme interesting updates have been posted, and the KTK Marketplace is expected in little over a week. Let’s take a look at what they have been up to!
It has been confirmed by the KryptKoin developers they will launch the KTK Marketplace on September 29th. This project has been announced several months ago, but it takes a lot of time to develop these kinds of platforms from scratch.
KryptKoin holders will be earning some passive income once the KTK Marketplace has launched though. No less than 20.4% of all generated profits will be returned to KryptKoin holders, assuming they hold a minimum of 30,000 KTK and no more than 1 million KTK. Keep in mind these coins will have to be in an actual wallet, and not on an exchange in order to be eligible.
So how are these profits generated, you ask? Vendor sales fees, products created and owned by the KTK Marketplace, advertising revenue and more will all bring income to the platform. It will be interesting to see how much revenue will be generated by the KryptKoin Marketplace.
Another things worth noting is that all dividends will be paid out in Bitcoin, and not in KryptKoin. All of the generated revenue will be converted to Bitcoin first, and then distributed among eligible KTK holders. The start date of dividend payments will be announced once the Marketplace goes live.
Official announcement :