Verified OGs:
9
CryptoFam:
211
Projects:
25725
BTC:
$113,910
0.33%
ETH:
$3,619.95
0.42%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.79T
Fear&Greed:
54

SKALE SKL
$0.01950 1.14%
OG Score 41.04
Reviews 4

SKALE SKL Price

$0.01950 1.14%
Low All Time High
$0.01596278 $1.22

Introduction

SKALE Network, launched in 2018, enhances Ethereum scalability with fast, customizable, and economical blockchain solutions. More

OG Score 41.04
Reviews 4
Market Cap $112.68M
Market Cap Rank # 443

Token Stats

Fully Diluted Valuation $118.54M
24H Trading Volume $5.71M
24H Low / High $0.02 / $ 0.02
Circulating Supply 5.78 B
Total Supply 6.08 B
Max Supply 7.00 B

Info

Categories Modular Blockchain 12 more
Founder Jack O'Holleran 1 more
Website skale.space
Socials 4 more
Chains Ethereum Ecosystem 1 more
Explorer Skalenodes 3 more
Contracts 0x00c....1a7a7 1 more

SKL/USD Price Chart

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OG Evaluation

OG Score

OG Score Rank #709
Reviews 4
Gem Score 13.83

OGAudit Coin Evaluation Metrics

Innovation 44 .43
Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
Security 42 .18
Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
Community 39 .48
Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
Tokenomics 40 .93
Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
Team 41 .43
Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
Roadmap 37 .80
Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

SKALE $skl User Reviews

What Crypto OGs are Saying About SKALE

SKALE $skl Markets

Name Pair OG Score

About SKALE $skl

What is SKALE (SKL)?

SKALE Network, launched in 2018, stands out as a groundbreaking "elastic" blockchain network, specifically engineered to enhance the scalability of Web3 applications. This open-source, decentralized network uniquely positions itself as a layer-2 scaling solution for the Ethereum blockchain, addressing some of the most pressing challenges faced by developers in the Ethereum ecosystem.

At the heart of SKALE's innovation are its application-specific blockchains, termed as "dynamic shards" or SKALE chains. These operate above the Ethereum blockchain, offering developers private, Ethereum-compatible platforms for smart contract execution. What sets SKALE apart is its ability to deliver faster block times and handle a greater number of transactions per second, significantly surpassing Ethereum's current capacity. This capability allows full-state smart contracts, decentralized storage, and even machine learning algorithms, all within the Ethereum Virtual Machine (EVM) framework.

The SKALE ecosystem is not just about high performance; it's also designed with economic efficiency in mind. By offering elastic sidechains, SKALE enables a substantial reduction in Ethereum's gas fees, a bottleneck for many developers and users on the mainnet. These sidechains, which are customizable and interoperable, allow for the creation of decentralized applications (dApps) such as DeFi platforms, games, NFT marketplaces, and decentralized streaming services, all with minimal delay and high throughput.

What is unique about SKALE (SKL)?

SKALE Network's uniqueness lies in its elastic sidechains, offering reduced operational costs for DApps during Ethereum network congestion, enabling faster transaction throughput, and providing scalable storage and testing environments without affecting Ethereum's mainnet​​.

Who are the founders of SKALE (SKL)?

SKALE Network was founded in 2018 by Jack O'Holleran, a technology entrepreneur with a background in blockchain and decentralized systems, and Stan Kladko, a tech executive with extensive experience in enterprise infrastructure technologies and cryptography​​​​.

Who are the backers/investors of SKALE (SKL)?

SKALE has many investors and backers such as Multicoin Capital, HashKey Capital, Galaxy, ConsenSys, Hashed Fund, Arrington XRP Capital, Boost VC, Hack VC, Blockchange Ventures, Winklevoss Capital, Aspect Ventures among others.

Where can I buy SKALE (SKL)?

You can buy SKALE (SKL) on Binance, Gate.io, Bitget, MEXCOKX cryptocurrency exchanges.

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