### What is Coin98?

Coin98 is a decentralised finance (DeFi) solution that allows users access to cross-chain swaps, staking, and yield farming. It aims to fulfil untapped demand in the industry and become a gateway bridging Traditional Finance (TradFi) users to any DeFi services on multiple blockchains. The platform offers a comprehensive suite of DeFi services, including Coin98 Wallet, Coin98 Exchange, and various other components aimed at making DeFi more accessible.

### How does Coin98 work?

Coin98 operates across multiple blockchains such as Ethereum, BSC, and Solana, using cross-chain bridges to enable seamless asset transfers. It utilises smart contracts for its decentralised exchange (DEX) and staking services, ensuring interoperability on various blockchains. Key components include the Coin98 Exchange, a multichain liquidity aggregator, and the Coin98 Super App, which offers a non-custodial wallet, native swap, cross-chain bridge, and DApp browser.

### What are the potential use cases for Coin98?

Coin98 offers a range of potential use cases, including:

- **DeFi Services**: Cross-chain swaps, staking, yield farming, and lending.
- **Multi-Chain Wallet**: Non-custodial wallet supporting over 50 blockchains.
- **Decentralised Exchange**: Facilitates quick and safe swaps of multi-chain assets.
- **Portfolio Management**: Helps manage assets on different blockchains.
- **Market Data Analysis**: Real-time data for monitoring DeFi tokens.
- **Staking and Yield Farming**: Supports staking of multiple crypto assets.
- **NFT Marketplace**: The Dagora platform for buying and selling NFTs.
- **Cross-Chain Bridge**: The SpaceGate bridge connects C98 across four different chains.

Industries and sectors where Coin98 is used include DeFi, blockchain gaming, and NFTs.

### What is the history of Coin98?

Coin98 was founded on October 31, 2017, by Lê Thanh and Nguyễn Thế Vinh, initially as a community for crypto investors in Vietnam. In 2019, it rebranded to focus on product development. Major milestones include launching the Coin98 Wallet in January 2020 and raising significant funding in 2021. The C98 token was listed on the Binance exchange in July 2021. In November 2023, the platform rebranded to Ninety Eight to expand its developmental focus. Coin98's evolution includes the shift from single-chain to multi-chain operations, growing from a Vietnamese community to a global presence in the DeFi space.

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