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Klaytn

Klaytn  KLAY Price $ 0.161

Rank: 131

1209 Watchlists

Chain

KLAY Price

0.161
0.72%
($ 0.00114)
Price Range
LowHigh
$ 0.159$ 0.167

General Info

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Tags (Sub-Categories):

#Coin

Funds and Backers

Description

Kakao’s global public blockchain project Klaytn is an enterprise-grade, service-centric platform.

Klaytn (KLAY) Chart

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

KLAY to USD Converter

Klaytn  (KLAY)KLAY

Private

1 Apr — 30 Apr 2019

Raised

$ 90.00M

Price:

$ 0.047

ROI:

3.42x  +241.8%

Platform:

N/A

ATH ROI:

92.36x  +9,136%

KLAY Price Statistics

leaderboard

Market Cap

$ 593.80M

Fully diluted value

FDV

$ 958.40M

ATH Market Cap

$ 7.81B

24 Trade Vol.

$ 8.95M


Vol. (24h) / MCap

0.0151

Total Supply

KLAY 5,966,754,444

Circulating Supply

KLAY 3.70B

(62% of Total Supply)

Listing Date

27 Sep 2019

All Time High

$ 4.34

30 Mar 2021


All Time Low

$ 0.0562

6 May 2020


From ATH

96.3%

From ATL

185.9%

What is Klaytn (KLAY)?

Klaytn was created by the Korean tech giant Kakao. Kakao has a variety of products, including KakaoBank, an internet-only bank, KakaoTalk, an immensely popular messaging app, and KakaoTaxi, the most used taxi service in South Korea.

Klaytn aims to be the backbone blockchain for South Korean businesses, including its own Kakao owned ventures. Klaytn mainnet launched less than a year after the KLAY ICO in June 2019. 

KLAY is the native token of the Klaytn blockchain. It is used as the utility token for all platform transactions as well as all other blockchain applications on the network

What are KLAY key features and how does it work?

Klaytn uses a modular architecture. In this way, it allows businesses to create and operate their own customised service-oriented blockchain on the Klaytn network. These service-oriented blockchains are more simply known as service chains. Each service chain is autonomous and runs as its own subnetwork, further adding to Klaytn’s core value as an enterprise-friendly ecosystem.

Since service chains are flexible and easy to customize, they have the potential to host any kind of web service. With the exception, however, of services offering gambling and financial speculations. 

Since Klaytn is enterprise-focused, it deploys an enhanced version of Instabul Byzantine Fault Tolerance (IBFT), rather than the more typical Proof-of-Work or Proof-of-Stake consensus mechanisms.

Specifically, Klaytn employs a practical BFT which enables the network to operate its hybrid infrastructure in order to facilitate its aims as a business focused blockchain. This combines the benefits of both private and public blockchains. Klaytn’s use of BFT also addresses scaling concerns, which are particularly prominent at enterprise level.

Klaytn’s governance is delegated to a board consisting of multinational corporations and business, board members are responsible for the growth and development of the platform’s ecosystem.

What makes Klaytn noteworthy?

Klaytn refers its service chains as Blockchain applications (BApps), rather than the more commonly used dApps. This is because they are not required to run decentralized web services. For example, they have the option to use their own PoS consensus mechanism.

Klaytn blockchain has become available on KakaoTalk via the Klip Wallet which exists within the KakaoTalk app itself. The Klip Wallet stores the KLAY coin, as well as both fungible and non-fungible tokens on the Klaytn blockchain.

Where can you buy KLAY?

KLAY can be bought in any of the CEXs and DEXs as listed in the markets tab.

Klaytn Price Today

Klaytn 's current price is $ 0.161, it has increased +0.72% over the past 24 hours.

Klaytn 's All Time High (ATH) of $ 4.34 was reached on 30 Mar 2021, and is currently -96.3% down.

The current circulating supply of Klaytn is 3.70 Billions coins, and the maximum supply of KLAY is unlimited.

Klaytn ’s 24 hour trading volume is $ 8.95 Million.

Klaytn (KLAY) operates on its own blockchain.

Klaytn 's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 593.80 Million.

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

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