Terms and Conditions of Konnect Membership

The membership level is determined by amount of staking KCT token in Konnect. The minimum quantity of KCT token required by membership level is calculated by KCT price at the point of staking, and the membership level is assigned when required certification is completed by the system request after staking KCT token more than minimum quantity of requirement.

KCT token used for staking is transferred to lock up state for a chosen period, the user who want to give up their membership after the lock up period, get KCT token back by un staking. The user who want to maintain their membership, their membership maintains during staking main tains. But in the case of abusing a membership with malicious and abnormal intention, that user can get un staking by force for the protection of Konnect ecosystem.

As Konnect platform is activated and our membership users increase, the amount of tradable KCT token in circulation decrease and the variability of market price increase. Konnect protects the value of membership user s asset and will adjust the membership requirement quarterly or monthly in accordance with a market situation for adjusting the entry barrier of new member ship user effectually. All the things will be accomplished for the direction of increasing our mem