About IRISnet
Inter-chain Service Infrastructure and Protocol Technology Foundation for a Distributed Business Ecosystem
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Sign me upMarket Stats
Market Cap
$2,117,727.73
3.52%
FDV
Not enough data
Circulating Supply
1,599,758,637.85 IRIS
Max Supply
Not enough data
Total Supply
2,111,005,032.248 IRIS
Diluted Valuation
$2,644,461.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$106,455.97
-0.14%
Volume (7D)
$735,634.39
Volume (30D)
$3,065,025.68
All time high
$0.32
Overall Price Change (1Y)
-0.95%
Additional info about IRISnet
Recent trends
The price of IRISnet has increased by 2.30% in the last hour and increased by 6.52% in the past 24 hours. IRISnet’s price has also fallen by 9.94% in the past week. The current price is $0.0013 per IRIS with a 24-hour trading volume of $106.46K. Currently, IRISnet is valued at 99.58% below its all time high of $0.32. This all-time high was the highest price paid for IRISnet since its launch. The current circulating supply of IRISnet is 1,599,758,637.85 IRIS which means that IRISnet has as total market cap of $2,117,727.73.
Market details
IRIS vs markets
↘ 96.25%
IRIS vs BTC
↘ 96.75%
IRIS vs ETH
↘ 91.35%
Tags
Network & Addresses
Network | Address | |
---|---|---|
Cosmos | IBC/7C4D60AA95E5A7558B0A364860979CA34B7FF8AAF255B87AF9E879374470CEC0 | |
Ethereum | 0x76C4A2B59523eaE19594c630aAb43288dBB1463f | |
Polygon | 0x3dc6052a693E4a2fc28Eb2Ea12fe0CfD3BD221D1 | |
Osmosis | ibc/7C4D60AA95E5A7558B0A364860979CA34B7FF8AAF255B87AF9E879374470CEC0 |
Price history
Time | Price | Change |
---|---|---|
Today | $0.0013 | ↗ 6.45% |
1 Day | $0.0012 | ↗ 6.52% |
1 Week | $0.0015 | ↘ 9.94% |
1 Month | $0.0018 | ↘ 26.45% |
1 Year | $0.0274 | ↘ 95.16% |
FAQ
IRISnet (IRIS) is a protocol designed to be the foundation for next-generation applications. IRISnet permits token transfers across multiple blockchain networks. The main goal of IRISnet is to deliver a blockchain-based open network to small and medium companies that are offering a wide variety of services.
As per its whitepaper, blockchain technology is still in its early stages. As with any new technology, there are defects. These include narrow performance and unstructured governance mechanisms. Presently, these defects make it challenging for blockchains to assist real-world distributed business collaboration. IRISnet intends to improve the current blockchain technology and make it feasible to allow businesses to provide their services and earn rewards in an open network.
IRIS network is developed on top of Cosmos and Tendermint to solve the problems around existing blockchain networks. Cosmos is a network of multiple independent blockchains, called zones. Each zone is powered by the Tendermint protocol, which provides a high-performance, consistent, and secure engine, allowing a hold over malicious behaviours within the network.
IRIS is the native fee token for all transactions on IRISnet. One of the benefits for IRIS token holders is that holders participate in governance by creating and voting for governance proposals. Furthermore, there are two types of tokens expected to support IRISnet's operation:
IRISnet was developed and designed by the tech experts behind Bianjie AI, a tech company founded in 2016. Harriet Cao is a co-founder at Bianjie AI and one of the leaders behind the IRISnet protocol establishment. Haifeng Xi is the other co-founder at Bianjie AI. He has expertise in developing distributed systems and blockchain applications.
We update our IRISnet to USD currency in real-time. Get the live price of IRISnet on Coinbase.
The current market cap of IRISnet is $2.12M. A high market cap implies that the asset is highly valued by the market.