Rank: 1044
571 Watchlists
Chain
SDN Price
Contracts/Explorers:
Funds and Backers
Wallets
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Shiden Network is a dApp hub on Kusama Network that supports Ethereum and layer2 solutions.
IEO
28 Aug — 29 Aug 2021
Raised
$ 50.00K
Price:
$ 1.40
ROI:
0.17x -82.7%
Platform:
N/A
ATH ROI:
5.85x +485.4%
Market Cap
$ 15.76M
FDV
$ 20.48M
ATH Market Cap
$ 462.58M
24 Trade Vol.
$ 415.57K
Vol. (24h) / MCap
0.0264
Max Supply
SDN 81,536,536
Total Supply
SDN 84,491,421
Circulating Supply
SDN 65.01M
(79.7% of Max Supply)
Listing Date
6 Sep 2021
IEO Price
$ 1.40
29 Aug 2021
IEO ROI
0.173x
All Time High
$ 8.20
11 Sep 2021
All Time Low
$ 0.158
19 Oct 2023
From ATH
From ATL
Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design - the protocol needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs, and more.
Shiden Network is one of the Kusama Parachain candidates (2021-05-14). Parachains connect to the Relaychain by leasing a slot via permissionless auction. In other words, Shiden needs to win a slot auction to lease a Parachain slot. After the start of the lease period, Shiden will deploy its mainnet on the acquired slot.
To collect KSM tokens as fast as possible, Shiden team has chosen to crowdfund its slot lease using Kusama’s crowdloan mechanism, allowing KSM holders to contribute by locking up their own KSM tokens for 11 months. The network will reward their contributions by providing SDN tokens.
The PLO consists of both a “Crowdloan” and an “Auction”. Shiden Network will conduct its crowdloan before the auction. The team highly encourages KSM holders to join the crowdloan as soon as possible if they would like to participate in the PLO. The collected KSM will be used for the Parachain auctions.
Shiden Network's current price is $ 0.242, it has dropped -1.35% over the past 24 hours.
Shiden Network's All Time High (ATH) of $ 8.20 was reached on 11 Sep 2021, and is currently -97% down.
The current circulating supply of Shiden Network is 65.01 Million coins, and the maximum supply of Shiden Network is 81.54 Million.
Shiden Network’s 24 hour trading volume is $ 416.43 Thousands.
Shiden Network (SDN) operates on its own blockchain.
Shiden Network's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 15.76 Million.
You can find more details about Shiden Network on its official website and on the block explorer.
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