PICA token empowers Picasso's blockchain for seamless cross-chain transactions and governance, enhancing blockchain interoperability. More
| Fully Diluted Valuation | $204,006 |
|---|---|
| 24H Trading Volume | $167 |
| 24H Low / High | $0.00002045 / $ 0.00002128 |
| Circulating Supply | 9.20B |
| Total Supply | 9.97B |
| Max Supply | 10.00B |
| Categories | Decentralized Exchange (DEX) 9 more |
|---|---|
| Founder | Anonymous |
| Website | picasso.network Whitepaper |
| Socials | 4 more |
| Chains | Ethereum Ecosystem 4 more |
| Explorer | Mintscan 7 more |
| Contracts |
0xbb6....f159c
4 more
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| Name | Pair | OG Score |
|---|
In the dynamic landscape of blockchain technology, the Picasso blockchain, launched in 2022, has emerged as a groundbreaking layer-1 solution within the Kusama network. At its core lies the native token, $PICA, driving the functionalities of Picasso and its interconnected ecosystem. Through a parachain structure, Picasso ensures heightened security and efficiency while fostering native interoperability. Operating within the DotSama ecosystem, Picasso is a pivotal element in the broader blockchain framework, facilitating seamless, secure, and feeless transactions and liquidity movements through its innovative XCM channels to various parachains. Moreover, Picasso's integration of Centauri IBC-Substrate bridge and Mosaic expands its reach across IBC-enabled blockchains, linking to Cosmos and EVM-compatible Layer 1s and 2s.
PICA, as the fundamental token of Picasso, holds multifaceted roles, driving governance, network usage, and security. Its utility extends to diverse functionalities: from powering cross-ecosystem IBC transfers to revenue generation via PICA staking. The token serves as the backbone of interconnected blockchain futures, fostering revenue streams from various activities like network usage, oracle and collator staking, and validator staking in the Composable Cosmos Chain. Furthermore, as Picasso’s primary DEX pairing token and a cornerstone of governance, PICA stands as a testament to the evolving landscape of blockchain interoperability, positioning itself as a vital asset in the pursuit of a more integrated blockchain sphere. The programming language underpinning this innovative ecosystem includes Substrate for Picasso on Kusama and Cosmos SDK for the Composable Cosmos Chain, reflecting a commitment to advanced technological frameworks.
Picasso (PICA) stands out for its native token's role in fostering cross-ecosystem interoperability, enabling seamless transactions and governance across various blockchains while being an integral part of the DotSama ecosystem.
Nominated Proof-of-Stake (NPoS).
You can buy Picasso (PICA) on Osmosis cryptocurrency exchanges.
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