Utility

  1. Payment Method: $KNTT can be set by the seller as the payment currency for purchasing prize tickets. If the seller chooses $KNTT as the payment currency, no fees are required when listing a new NFT.

  2. Fee: If the seller chooses $BTC as the payment currency for the ticket, the seller needs to pay a certain proportion of $KNTT as a fee when listing a new NFT.

  3. Access Rights: $KNTT can grant users access to the NFT lottery system. Every seller and buyer needs to hold at least a certain amount of $KNTT tokens to participate in the system. This design ensures the system's security and fairness, as it requires users to make a certain investment to participate.

  4. Value Storage: Lastly, the $KNTT token itself has value as it can be traded on the market. With the growth in the system's user base and the increase in the use of $KNTT tokens, its value may rise. This provides an investment opportunity for investors, who can reap potential profits by purchasing and holding $KNTT tokens.

Advanced:

  1. Users can stake $KNTT to earn rewards in ORC-20 tokens.

  2. BITCOIN KNIGHT S1 & S2 NFTs can earn $KNTT through staking.

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