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Market Data & Token Stats
| Fully Diluted Valuation | $4.39M |
|---|---|
| 24H Trading Volume | $286,093 |
| 24H Low / High | $0.005167 / $0.005962 |
| Circulating Supply | 801.02M |
| Total Supply | 801.34M |
| Max Supply | 1.00B |
Market Health Signals
| Vol / MC Ratio | 6.51% Fair |
|---|---|
| Circulating Ratio | 99.96% Very High |
Key Project Information
| Categories | DePIN 2 more |
|---|---|
| Founder | Yanbo Li 2 more |
| Website | nkn.org Whitepaper |
| Socials | 7 more |
| Chains | Ethereum Ecosystem |
| Explorer | Arkm 2 more |
| Contracts |
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$nkn Markets
| Name | Pair | OG Score |
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About NKN
NKN: Revolutionizing Internet Connectivity with Blockchain
NKN (NKN) is a blockchain-based network infrastructure project aiming to revolutionize internet connectivity and data transmission. Founded in January 2018 by Yanbo Li, Bruce Li and Yilun Zhang, the team brings a wealth of experience from companies such as Google, Nokia, QCOM, Baidu and Onchain. NKN seeks to create an open, decentralized and shared internet ecosystem powered by blockchain technology.
Addressing Internet Challenges
The project's core objective is to address the challenges faced by the current internet infrastructure, such as inefficient resource utilization, lack of net neutrality and centralized network control. NKN's innovative approach involves blockchainizing the network layer, providing a decentralized peer-to-peer networking stack that incentivizes users to share network connections, allows service providers to utilize unused bandwidth and offers developers access to a global networking stack.
Technical Innovations
NKN's technical innovations include dynamic routing, Proof of Relay (PoR), highly scalable consensus and a token reward mechanism. These features enable NKN to create a new type of P2P protocol for network connectivity and ecosystems, based on a public blockchain. The platform aims to restore the internet to be open, decentralized, dynamic, secure, shared and owned by the community.
Community-Powered Network
One of NKN's key achievements is its large network, boasting over 100,000 nodes worldwide, with 99.9% run by community members and powered by mining incentives. NKN's network infrastructure has enabled the development of several applications such as nMobile (secure private chat), nConnect (secure remote access) and Surge (private P2P file sharing).
Native Token and Use Cases
NKN's native token, NKN Coin, plays a crucial role in the ecosystem, facilitating the sharing of network bandwidth and internet connectivity. The platform has garnered attention for its notable use cases, including content distribution systems, edge computing and secure messaging applications like D-chat. NKN's innovative approach to decentralized networking has the potential to reshape the internet landscape, offering a more open, efficient and secure internet experience for users worldwide.
What is unique about NKN (NKN)?
NKN is unique for blockchainizing internet connectivity, incentivizing network sharing and offering decentralized networking solutions.
Who are the founders of NKN (NKN)?
NKN was founded by Yanbo Li, Bruce Li and Yilun Zhang, with backgrounds in Google, Nokia and QCOM.
Who are the backers/investors of NKN (NKN)?
NKN's investors include Stephen Wolfram and Whitfield Diffie, among others.
Where can I buy NKN (NKN)?
You can buy NKN (NKN) on Coinbase, Gate.io, MEXC, KuCoin, Upbit cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the NKN Official Website, NKN Whitepaper, NKN GitHub Repository and NKN X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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