NOW Token – The Utility Token of Huge Crypto Possibilities

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Over the past couple of years, the crypto world has grown tremendously and there are now countless services and tokens available. These services offer their own advantages and can help you have the best trading experience.

A relatively new token is gaining traction on the market despite its relative newness. Many believe it is superior to other digital assets in many ways. It is NOW Token, a native digital asset issued by ChangeNOW crypto exchange platform back in 2018.

As a starting point, let's take a look at NOW Token more generally. NOW token is part of the family of NOW products under the umbrella of the well-known ChangeNOW cryptocurrency exchange platform.

Almost 400 cryptocurrencies can be swapped on ChangeNOW in no time. An average transaction takes 5 minutes to process, and there is no doubt about the reliability and security of the service. Other NOW Token-related products include:

The official supply of NOW Token is 199,763,509.9. In line with NOW Token's whitepaper, quarterly burns take place for NOW Token until the ERC-20 and BEP-2 total supply of NOW Token reaches 100 million. In total, there are 99,839,014.17 ERC-20 NOW Tokens and 99,839,014.17 BEP-2 NOW Tokens. 

The team behind NOW Token has extensive experience in cryptocurrency, which is why the vesting plan for key members of the team accounts for 14% of the total supply. The tokens are released in chunks over time.

A total of 20% of the coins were released after NOW Token launched. A further 20% is released after the first year, and again after the second, third, and fourth years.

There are quite a lot of advantages that come with staking NOW Tokens. The