Spotcoin

SPOT token is a NEO-based (NEP-5) cryptocurrency developed by the Spotcoin platform. As a dividend token, SPOT holders will be entitled to a weekly dividend of 51% of the total trading fees generated by Spoitcoin’s digital asset exchange. Spotcoin token holders are also entitled to an additional quarterly dividend of 12% of the net profits derived from Spotcoin’s mining, OTC, and Spotpay payments businesses.

Although 'SPOT' was the ticker assigned at the deployment of the Spotcoin Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'SPOTCOIN' has been adopted for this token. This designation ensures that assets are distinctly identified.