Cryptocurrencies: 2378 Exchanges: 540 Market Cap: $212.20B 24h Vol: $99.93B BTC Dominance: 63.12%

IONChain price

IONChain (IONC)

$0.04
IONChain Facilitating an Internet of Things Economy. A platform to design and automate transactions between smart devices. IONChain aims to become the underlying particle in the Internet of Things (IoT) ecosystem. Through their IONChain Protocol, IONChain will serve as the link between IoT devices, supporting decentralized peer-to-peer application interaction between devices. In the IONChain ecosystem every IoT device that provides valuable data can act as a mining machine. Once connected to the IONChain network, a device will constantly contribute its calculative power via the Ionization Algorithm and in turn, receive IONC tokens as mining reward. IONChain has created a unique consensus algorithm to determine the value contributed by IoT devices. A deviceu2019s contribution is jointly determined by the Data Quality Proof Consensus and Time Lapse Proof Consensus (Check official names again). This consensus mechanism will consider a devices' function, data quality and quantity in calculating its contribution. Out of this analysis, the number of IONC token distributed to them as a reward can be determined.
$4.82M
Market Cap (0%)
$329.49K
Volume 24h (0%)

Rank

position
482

Type

of crypto asset
token

Circulating supply

Total 520000000Max 0
121180605
0.700858

Beta price

in USD
$0.70

Highest price

2020-03-24 -5.98%
$0.04

Links

explorer: medium: source code: website: youtube:

Volume

Change in 24h
$329.49K
in percents -18.49%

Market Cap

Change in 24h
$4.82M
in percents 3.96%

Price

Change in 24h
3.96%
in percents 3.96%

Price

Change in 7 days
17.22%
in percents 17.22%
Name Volume 24h Fiats
Hotbit 100.00% USD
Name Volume 24h Fiats
Name Pair Fee type Volume 24h share Volume 24h Last updated
Hotbit IONC/USDT Percentage 60.18% $198.30K 2020-04-09 04:50
Hotbit IONC/ETH Percentage 39.82% $131.20K 2020-04-09 04:50
Hotbit IONC/BTC Percentage 0.00% 0 2020-04-09 04:50
Name Pair Fee type Volume 24h share Volume 24h Last updated

Twiter timeline:

Recent Events