Harmony (ONE) offers high-speed, low-cost transactions, EVM compatibility, and scalability through sharding. More
| Fully Diluted Valuation | $148.54M |
|---|---|
| 24H Trading Volume | $12.41M |
| 24H Low / High | $0.01 / $ 0.01 |
| Circulating Supply | 14.67 B |
| Total Supply | 14.67 B |
| Max Supply | 0.00 |
| Categories | Smart Contract Platform 6 more |
|---|---|
| Founder | Stephen Tse 3 more |
| Website | harmony.one Whitepaper |
| Socials | 5 more |
| Chains | Harmony Ecosystem |
| Explorer | Harmony |
| Name | Pair | OG Score |
|---|
Harmony (ONE) Overview
Harmony is a high-speed, open-source, public blockchain designed to offer a more efficient platform for operating Ethereum decentralized applications (dApps). With Ethereum Virtual Machine (EVM) compatibility and smart contract functionality, Harmony aims to be a competitive alternative to Ethereum, boasting a transaction finality time of just over two seconds and transaction fees 100 times lower than Ethereum.
Harmony Ecosystem Growth
As of July 2022, the Harmony ecosystem has seen significant growth, with a total value locked (TVL) of over $1 billion across decentralized finance (DeFi), NFT, Web3, and gaming categories. The development team is actively working on enhancing the platform's capabilities to support more Web3 dApps. They are also adding features like Zero Knowledge proofs and decentralizing governance through funding and supporting decentralized autonomous organizations (DAOs).
The ONE Token and Its Utility
The native token of Harmony, ONE, plays a crucial role within the ecosystem. It is used for paying transaction fees, gas fees, and storage fees within the network. Additionally, users can stake ONE to become nodes and participate in the consensus mechanism by validating transactions. Validators also enjoy governance responsibilities by staking ONE within the network.
Founding and Development of Harmony
Harmony was founded in 2018 by Stephen Tse, along with co-founders Sahil Dewan, Rongjian Lan, and Nick White. The team brings professional experience from leading tech companies like Google, Amazon, Apple, and Facebook. Harmony's mainnet went live in June 2019, featuring a new Proof of Stake (PoS) consensus model known as Effective Proof of Stake (EPoS).
Investors and Backers
Harmony has received backing from various investors, including Binance Labs and HashKey Capital, who led a $5.5 million node round, as well as through an $18.3 million private round and a $5 million initial exchange offering (IEO) through Binance Launchpad.
In conclusion, Harmony (ONE) stands out as a promising blockchain platform with its focus on scalability, low fees, and EVM compatibility. With its innovative features and strong development team, Harmony aims to be a significant player in the blockchain space, particularly for Ethereum dApp developers and users.
Harmony (ONE) offers high-speed, low-cost transactions, EVM compatibility, and scalability through sharding, making it a competitive alternative to Ethereum.
Harmony (ONE) was founded by Stephen Tse, along with co-founders Sahil Dewan, Rongjian Lan, and Nick White, who bring professional experience from leading tech companies like Google, Amazon, Apple, and Facebook.
Harmony (ONE) has received backing from various investors, including Binance Labs and HashKey Capital, who led a $5.5 million node round, as well as through an $18.3 million private round and a $5 million initial exchange offering (IEO) through Binance Launchpad.
You can buy Harmony (ONE) on Binance, Gate.io, Bitget, BybitMEXC cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Harmony (ONE) is ($14,670,627,719), max supply of Harmony ONE is ($0) and the market cap of Harmony ONE is ($148,532,084).
What is the Harmony (ONE) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Harmony (ONE) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Harmony (ONE) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Harmony ONE) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Harmony (ONE) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Harmony (ONE) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
