Areon Network (AREA) is a blockchain technology that aims to develop its own Proof of Area (POA) blockchain technology. This protocol focuses on digital asset ownership rather than computational power, striving to address the high energy consumption and other challenges associated with Bitcoin mining. AREA is the first cryptocurrency to utilize the POA protocol, with Areon Network being the creator of this protocol. The network's primary goal is to provide a crypto experience for users. The Areon Network ecosystem includes the PoA AreonChain, the metAREON NFT Marketplace, AreonCity (a metaverse), and the Areon Academy.

Areon Network operates using its unique Proof of Area (POA) protocol. This protocol is an alternative to Bitcoin's Proof of Work system, focusing on digital asset ownership rather than computational power. The network includes the PoA AreonChain, a blockchain ecosystem that enables scalable, user-friendly applications. Areon Network also features metAREON, an NFT marketplace, and AreonCity, a metaverse. The Areon Academy is another integral part of the network, providing educational resources about blockchain and cryptocurrency. The network's native token, AREA, plays a role in transaction verifications and rewards distribution within the ecosystem.

Areon Network offers a range of potential use cases, particularly in the realm of NFTs and metaverse experiences. The metAREON NFT Marketplace provides a platform for NFT exchanges, while AreonCity offers a metaverse experience. The network's unique Proof of Area protocol also presents opportunities for blockchain transactions. Additionally, Areon Network's loyalty programs reward users for their participation in the ecosystem. The Areon Academy, part of the network's ecosystem, provides educational resources about blockchain and cryptocurrency, making it a valuable tool for those new to the crypto world.

Areon Network was established with the vision of developing a unique Proof of Area blockchain technology to address the challenges associated with Bitcoin mining. The network's native token, AREA, was the first cryptocurrency to utilize the POA protocol. The Areon Network team does not possess any authority over the token, demonstrating the decentralized nature of the token and fostering strong collaboration with the community. The network's ecosystem, including the PoA AreonChain, metAREON, AreonCity, and Areon Academy, was developed to provide a crypto experience. The network continues to evolve as a new blockchain.

We update our Areum to USD currency in real-time. Get the live price of Areum on Coinbase.

The current market cap of Areum is $1.608M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Areum is $0.32. This all-time high is highest price paid for Areum since it was launched.

Over the last 24 hours, the trading volume of Areum is $1.342K.

Assets that have a similar market cap to Areum include OBT, CumRocket, Cypherium, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Areum is 118 million.