KONNECT
  • KONNECT
  • ◻️Whitepaper
    • KONNECT Whitepaper ENG
      • Summary
      • Duty-Free Market Analysis
        • Prospects of Duty-Free Market
        • Purpose of Blockchain Introduction
      • Konnect Project
        • Konnect E-Commerce Platform
        • Konnect NFT Marketplace
          • 1. Luxuriate to Earn NFT(L2E NFT)
          • 2. KONNECT PFP NFT
        • Konnect Community
      • Konnect Membership
        • Structure of Konnect Membership
        • Benefits of Konnect Membership
        • Terms and Conditions of Konnect Membership
      • KCT Token
        • Token Matrix
        • Token Economy
        • Token Allocation
      • Roadmap
      • Our Team & Advisor & Partner
        • Team
        • Advisor
        • Partner
      • Exemption Clause
  • 📍Membership
    • Membership
      • Accommodation
        • Oak Valley Resort
        • Aiden by Best Western Cheongdam
        • LOTTE CITY HOTEL
          • LOTTE CITY HOTEL MYEONGDONG
          • LOTTE CITY HOTEL MAPO
          • LOTTE CITY HOTEL GURO
          • LOTTE CITY HOTEL GIMPO AIRPORT
          • LOTTE CITY HOTEL DAEJEON
          • LOTTE CITY HOTEL ULSAN
          • LOTTE CITY HOTEL JEJU
        • LAHAN
          • LAHAN SELECT GYEONGJU
          • LAHAN HOTEL JEONJU
          • HOTEL HYUNDAI BY LAHAN ULSAN
          • HOTEL HYUNDAI BY LAHAN MOKPO
          • LAHAN HOTEL POHANG
        • L7
          • L7 MYEONGDONG
          • L7 HONGDAE
          • L7 GANGNAM
        • Hotel Nongshim
        • LOTTE HOTEL
          • LOTTE HOTEL WORLD
          • LOTTE HOTEL SEOUL
          • LOTTE HOTEL ULSAN
        • LOTTE SIGNIEL SEOUL
        • Park Roche
      • Beauty & Spa
        • MYGB SPA
          • MYGB Spa Black
          • MYGB Spa Jeju Airport
          • MYGB Spa Cheongdam
        • Foresta
          • Foresta Black
          • Foresta BAYANTREE
          • Foresta Dongtan
      • F&B
        • A Lounge
        • All day fresh kitchen
          • All day fresh kitchen Yeouido
          • All day fresh kitchen Gwanggyo
          • All day fresh kitchen For ME Lotte World Mall
        • Mammoth Coffee
      • Health & Medical
        • BongBong Plastic Surgery Clinic
        • FRESH Plastic Surgery Clinic
        • Minish Dental Hospital
        • Oganacell Dermatology Clinic
      • Shopping
        • The Shilla Duty-Free
          • The Shilla Duty-Free Seoul Store
          • The Shilla Duty-Free Jeju Downtown Store
          • The Shilla Duty-Free Incheon Int’l Airport T2 store
          • The Shilla Duty-Free Changi Airport Store
      • Life
        • JOOWON Attorneys at Law
  • 🤝PARTNERSHIP
    • Partnership
  • 📱Application
    • Android
    • iOS
    • How to fix
      • Enable JavaScript Cell phones(ENG)
      • 手机javascript怎么启用 (CN)
  • 🔄AMA
    • AMA RECAP Konnect (Aug 17th, 2023)
  • ❓F&Q
    • F&Q
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  2. KONNECT Whitepaper ENG
  3. Konnect Membership

Structure of Konnect Membership

PreviousKonnect MembershipNextBenefits of Konnect Membership

Last updated 1 year ago

Konnect builds B2B2C e-commerce ecosystem based on KCT membership. We offer the discount of goods and services that our users actually feel benefits by our membership level through staking KCT token. Besides discount benefits per membership level, we offer additional benefits within Konnect platforms to actively promote users to obtain Konnect membership.

We support the payment method of digital asset, WBTC, ETH, USDT for now, and others will be supported later on. KCT token cannot be used as a means of payment for the good and services purchased on the platform and that cryptocurrencies mentioned above and/or credit cards must be used for the payment of such goods and services.

When the users inquire the payment of using digital asset, Oracle solution arranges the quantity of required digital asset for the payment by calculating appropriate number converted in USD of digital asset formed out of Konnect. Starting with 3 kinds of payment method in the beginning, we will introduce more various digital assets afterwards by gathering opinions from our community or contracting a strategic partnership. We will support the multiple main net through Bridge for reducing Gas fee required at verifying a transaction on main net of Ethereum afterwards. This works as the precondition that brings forward an activation point of membership by lowering the entry barrier of payment through Konnect platform and minimize the all charges for the payment.

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Figure 11. Business Structure of Konnect Membership Platform