Review on NOW Token by Adedayo Adeniji
NOW Token
NOW token is the digital assets introduced by NOW exchange and adopted for usage within the NOW ecosystem.
NOW token is issued on ethereum network as ERC20 standard and on Binance chain as BEP-2 standard.
You can buy it on NOW exchange and if it is on the ethereum network you can buy it on uniswap with IDEX while you can get stakable NOW BEP-2 on Binance exchange and if you stake your NOW you automatically get 25% ROI.
You can swap NOW between ethereum and Binance free of charge.
NOW token is allocated as follows: 40% to reserve, 12% to development fund, 12% to advisors and corporate evangelist, 12% to marketing needs, 10% to risk prevention, 30% to airdrop, 10% to team bonuses and 14% to private investors.
It is an utility token of its exchange community and worth keeping for rewards.
Pros
- It is an utility token
- It can be swapped between ethereum and Binance network without fee
- It is stakable
Cons
- It is listed in few exchanges
- It is engaged in less activities
