Currencies28867
Market Cap$ 2.68T+0.54%
24h Spot Volume$ 49.13B-35.5%
DominanceBTC50.59%+1.23%ETH16.74%-2.39%
ETH Gas6 Gwei
Cryptorank
MainCurrenciesConstellation Labs
Open report modalReport issue
Constellation Labs

Constellation Labs DAG Price $ 0.0489

Rank: 356

790 Watchlists

Blockchain Infrastructure

DAG Price

0.0489
1.65%
($ 0.000795)
Price Range
LowHigh
$ 0.0465$ 0.0502

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Funds and Backers

Wallets

No wallets found yet

Description

Constellation Labs is a Decentralized Application Integration Platform.

Constellation Labs (DAG) Chart

Constellation Labs price Index provides the latest DAG price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

DAG to USD Converter

Constellation Labs (DAG)DAG

ICO

15 Jun 2018

Raised

N/A

Price:

$ 0.0345

ROI:

1.42x  +41.6%

Platform:

N/A

ATH ROI:

13.06x  +1,206%

DAG Price Statistics

leaderboard

Market Cap

$ 147.61M

Fully diluted value

FDV

$ 173.46M

ATH Market Cap

$ 1.10B

24 Trade Vol.

$ 1.96M


Vol. (24h) / MCap

0.0133

Total Supply

DAG 3,550,000,000

Circulating Supply

DAG 3.02B

(85.1% of Total Supply)

Listing Date

20 Jun 2018

ICO Price

$ 0.0345

15 Jun 2018

ICO ROI

41.6%

1.42x

All Time High

$ 0.450

25 Aug 2021


All Time Low

$ 0.000905

21 Mar 2019


From ATH

89.2%

From ATL

5,300%

What is Constellation Labs (DAG)?

Constellation functions as a distributed network that facilitates quick and scalable solutions for the processing and transfer of data. The network is secure and interoperable for connected sensors and devices. The team is headquartered in San Francisco, and according to its mission statement the project was founded as a response to the “major interoperability issues between data-generating systems”.

The DAG token is the native token of the network. It is a utility token, the goal of which is to facilitate seamless exchange between the various channels and nodes that comprise the network.  Hypergraph, HGTP, is Constellation’s own decentralized network. As such, the DAG Token is HGTP L0 token standard, the first in the blockchain space.

What are Constellation’s key features and how does it work?

The Constellation Network’s architecture forms a key part of the functionality of the platform. It is designed as a directed acyclic graph. It is designed for high throughput and on the basis that microservices can be added and developed as the network grows. For example, the network makes it easy and flexible for application or task-specific hybrid nodes to be added in the future. 

The network is made up of interconnected decentralized nodes, which together form the network’s consensus model, Proof of Reputable Observation (PRO). Each node receives DAG rewards in proportion to the node’s PRO score. A node’s PRO score is determined by time on the network, validation consistency, as well as behavior. 

More specifically, the Constellation HGTP Network is made up of DAG nodes, state channel nodes, and ‘hybrid’ nodes. Hybrid nodes oversee the consensus for various state channels and DAG.

A state channel can validate specific data types based on validation functions as specified by users. State channels are capable of sharing, or “licensing”, its data to Constellation accounts. They do this by granting rights via payment in $DAG, or in return for validating data as a node operator and receiving throughout allowance. State channels can be directly integrated into already existing applications, meaning there is minimal hassle for deployment.

With Hybrid nodes, direct license exchange can be achieved via atomic commits. Hybrid nodes, essentially, allow cross-chain liquidity

What is noteworthy about Constellation?

Constellation has created its own L0 standard that allows anyone to build a blockchain based business programmed on HGTP. This is done through Hypercube, businesses can use it to validate data schemas and sources, mint their own cryptocurrency, as well as attach business logic and metrics to their L0.

What can DAG be used for?

Constellation’s DAG token main function is as the native medium medium of exchange and comprises the basis for all economic activity on the network. In addition to its utility as a store of value, it provides tokenized throughput, or bandwidth, on the network. The platform allows users to access basic rate-limited functionality free of charge, facilitating single transactions for on-off P2P payments. 

However, for transactions requiring high amounts of data processing or data exchanges, a higher rate of throughput is required. This can be obtained by using DAG for micropayments or being a node operator and contributing resources to the network.

DAG incentivizes participants to contribute and maintain the ecosystem on the HGTP network since it is awarded to users based on network activity.

Where can you buy DAG?

DAG is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are KuCoin and Gate.io. The price of DAG will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for DAG market price, please view the price charts on this page.

Constellation Labs Price Today

Constellation Labs's current price is $ 0.0489, it has increased +1.65% over the past 24 hours.

Constellation Labs's All Time High (ATH) of $ 0.450 was reached on 25 Aug 2021, and is currently -89.2% down.

The current circulating supply of Constellation Labs is 3.02 Billions tokens, and the maximum supply of Constellation Labs is 3.55 Billions.

Constellation Labs’s 24 hour trading volume is $ 1.96 Million.

Constellation Labs's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 147.61 Million.

You can find more details about Constellation Labs on its official website and on the block explorer.

Trending Coins and Tokens Flame icon