Currencies28080
Market Cap$ 2.78T+2.31%
24h Spot Volume$ 68.03B-8.27%
BTC Dominance50.25%+0.56%
ETH Gas52 Gwei
Cryptorank
Report issue
MerchDAO

MerchDAO  MRCH Price $ 0.0127

Rank: 2423

39 Watchlists

NFT

MRCH Price

0.0127
32.6%
(-$ 0.00613)
Price Range
LowHigh
$ 0.012$ 0.0198

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Description

MerchDAO leverages decentralized governance and NFT technology to create the first marketplace for rare and unique items run by users.

MerchDAO (MRCH) Chart

The MerchDAO to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

MRCH to USD Converter

MerchDAO  (MRCH)MRCH

IDO

27 Mar — 27 Mar 2021

Raised

$ 120.00K

Price:

$ 0.600

ROI:

0.02x  -97.9%

Platform:

N/A

ATH ROI:

10.24x  +923.9%

MRCH Price Statistics

leaderboard

Market Cap

$ 57.97K

FDV

$ 114.07K

ATH Market Cap

$ 6.48M

24 Trade Vol.

$ 212.84K


Vol. (24h) / MCap

3.67

Max Supply

MRCH 9,000,000

Total Supply

MRCH 9,000,000

Circulating Supply

MRCH 4.57M

(50.8% of Max Supply)

Listing Date

29 Mar 2021

IDO Price

$ 0.600

27 Mar 2021

IDO ROI

97.9%

0.0211x

All Time High

$ 6.14

29 Mar 2021


All Time Low

$ 0.0044

6 Dec 2023


From ATH

99.8%

From ATL

187.9%

MerchDAO Price Analysis

What is MerchDAO (MRCH)?

MerchDAO is the first-of-its-kind blockchain-based marketplace that gives consumers the power to decide what rare and unique items are produced and sold.

MerchDAO leverages the potential of non-fungible tokens (NFTs) on blockchain to ensure that the uniqueness of rare items can easily be proven.

MRCH is a ERC20 token, and its governance features make it similar to such popular DeFi tokens as COMP, YFI, and AAVE.

The key use cases are as follows:

1) Proposing new designs and types of goods. A user can both make a general suggestion and submit a ready design, such as a logo. For diꢀ erent types of goods there will be diꢀ erent token-holding requirements: for instance, you might need to have just 100 MRCH to propose a small item like a phone case or magnet but 300 MRCH for a hoodie or laptop sleeve. Users don’t spend their MRCH when they submit designs: they just need to hold these tokens in their wallet.

2) Voting on new merchandise. Every MRCH token signifiesꢀone vote: the more tokens one holds, the more their opinion weighs. To cast a vote, one needs to lock up tokens in a voting smart contract, for which they earn additional rewards (see ‘Stakingꢀandꢀrewards’). It is possible to withdraw one’s tokens from the contract before the vote is over, but the proposal will also lose the corresponding votes.

3) Extending a vote. By default, every vote will run for 3 days. This is because the number of tokens (votes) is limited, so if a member uses their MRCH to vote for one proposal, they can’t simultaneously cast the same votes for another, even if they like both equally. Since a few votes might be running at the same time, users will be motivated to choose wisely, supporting only those designs they really like.


MerchDAO Price Today

MerchDAO 's current price is $ 0.0127, it has dropped -32.6% over the past 24 hours.

MerchDAO 's All Time High (ATH) of $ 6.14 was reached on 29 Mar 2021, and is currently -99.8% down.

The current circulating supply of MerchDAO is 4.57 Million tokens, and the maximum supply of MerchDAO is 9.00 Million.

MerchDAO ’s 24 hour trading volume is $ 212.84 Thousands.

MerchDAO 's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 57.97 Thousands.

Trending Coins and Tokens