Rank: 1171
WIT Price
ICO
24 Mar 2018 — 24 Mar 2018
Raised
$ 1.07M
Price:
$ 0.00428
ROI:
1.04x +3.85%
Platform:
N/A
ATH ROI:
9.95x +894.6%
Market Cap
$ 5.92M
FDV
$ 11.11M
ATH Market Cap
$ 34.91M
24 Trade Vol.
$ 77.47K
Vol. (24h) / MCap
0.0131
Max Supply
WIT 2,500,000,000
Total Supply
WIT 2,500,000,000
Circulating Supply
WIT 1.33B
(53.3% of Max Supply)
Listing Date
3 Dec 2021
ICO Price
$ 0.00428
24 Mar 2018
ICO ROI
1.04x
All Time High
$ 0.0426
3 Dec 2021
All Time Low
$ 0.00209
12 Mar 2023
From ATH
From ATL
Witnet is a decentralized oracle network (DON) that connects smart contracts to the outer world. Generally speaking, it allows any piece of software to retrieve the contents published at any web address at a certain point in time, with complete and verifiable proof of its integrity and without blindly trusting any third party.
Witnet runs on a blockchain with a native protocol token (called Wit), which miners - called witnesses - earn by retrieving, attesting, and delivering web content for clients. On the other hand, clients spend Wit to pay witnesses for their Retrieve-Attest-Deliver (RAD) work. Witnesses also compete to mine blocks with considerable rewards, but Witnet mining power is proportional to their previous performance in terms of honesty and trustworthiness—this is, their reputation as witnesses. This creates a powerful incentive for witnesses to do their work honestly, protect their reputation, and not deceive the network.
Witnet protocol builds upon a series of novel components:
Witnet's current price is $ 0.00444, it has increased +3.84% over the past 24 hours.
Witnet's All Time High (ATH) of $ 0.0426 was reached on 3 Dec 2021, and is currently -89.6% down.
The current circulating supply of Witnet is 1.33 Billion coins, and the maximum supply of Witnet is 2.50 Billions.
Witnet’s 24 hour trading volume is $ 77.47 Thousands.
Witnet (WIT) operates on its own blockchain.
Witnet's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 5.92 Million.
You can find more details about Witnet on its official website and on the block explorer.
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