logo
Back to News
Koinos.fun: Fee-less Transfers on X

Koinos.fun: Fee-less Transfers on X

Blockchain News

Koinos.fun: Fee-less NFT Transfers on X

Koinos.fun, a new application enabling users to mint and send NFTs on X (formerly Twitter), has rapidly gained traction. Within four hours, the app onboarded over 1,000 new blockchain users.

Revolutionizing Value Transfer

This web app offers a unique approach to blockchain transactions: completely fee-less and token-less. Users create an NFT via a generative AI, then send it directly on X. The app seamlessly handles wallet creation and NFT transfer in the background.

Built on the Koinos Blockchain

Koinos.fun leverages the Koinos blockchain, a layer-1 (L1) blockchain launched in 2022. Developed by experienced engineers from Steemit, Koinos has always prioritized feeless transactions. Unlike many other blockchains, Koinos is community-owned, with no venture capital backing or founder token lockups.

Koinos Group CEO Steve Gerbino explains: "Web3's complexity hinders mainstream adoption. We aim to create user-friendly apps that "just work," like internet apps, eliminating complicated onboarding and fees."

Koinos Network X Post

Outpacing X Money

While Elon Musk has promised X Money for value transfer on his platform, Koinos.fun represents the first blockchain application to deliver this functionality, according to Ron Hamenahem, one of the app's creators. He states: "We built this to demonstrate blockchain's potential for user-friendliness. We believe making it fun and accessible encourages adoption."

KOIN Airdrop

Koinos.fun is also running an airdrop of 50,000 KOIN. Users who share their NFTs with friends are eligible. Michael Vandeberg, a Koinos blockchain architect, explains: "We want people using Koinos fee-free. We track NFTs with high reach and followers, airdropping KOIN to everyone who owned them."

Disclosure: The author is a former Crypto Briefing editor-in-chief and unpaid volunteer who assisted in bringing the Koinos.fun app to market.

About Codeum

Codeum is a leading blockchain security and development platform. Our services include smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies. We help blockchain projects build securely and responsibly.

Share this article