Rank #2175
241 people like this
ionchain  (IONC)

IONChain (IONC)

$0.001600825109 -33.0%
0.00000003 BTC -37.5%
0.00000041 ETH -34.5%
241 people like this
$0.002074379691
24H Range
$0.002432861299
Market Cap $887,237
24 Hour Trading Vol $2,529.72
Circulating Supply 427,711,895
Total Supply 520,000,000
Max Supply ?
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IONC
USD
USD
IONChain (IONC) Price Chart

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1h
24h
7d
14d
30d
1y
-25.6%
-33.0%
-27.9%
-31.0%
-44.2%
-84.6%

IONC Price and Market Stats

IONC Price $0.001600825109
Market Cap $887,237
Market Cap Dominance 0.00%
Trading Volume $2,529.72
Volume / Market Cap 0.0036
24h Low / 24h High $0.002074379691 / $0.002432861299
7d Low / 7d High $0.002103788514 / $0.002416619122
Market Cap Rank #2175
All-Time High $0.066354594345 -97.6%
Jun 12, 2020 (over 1 year)
All-Time Low $0.000889917235 79.9%
Jul 09, 2021 (3 months)

IONChain Coin Price & Market Data

IONChain price today is $0.001600825109 with a 24-hour trading volume of $2,529.72. IONC price is down -33.0% in the last 24 hours. It has a circulating supply of 430 Million IONC coins and a total supply of 520 Million. If you are looking to buy or sell IONChain, Hotbit is currently the most active exchange.

IONC is the official token of IONChain. It can be utilized by different participants in IONChain ecosystem. The maximum supply of IONC is 800 million. It is going to be released gradually for 20 years. After 20 years, the administrative committee elected by IONChain users using the consensus mechanism will decide whether to re-issue IONC tokens based on the amount of on-chain devices, amount of data being processed and the overall level of IONC abundance in the ecosystem.
IoT devices and data access constitute the core parts of IONChain ecosystem, therefore IONC token is going to be used to reward devices and data providers. The yearly supply of IONC tokens increases along with the demand for data access. However, the upper limit is pre-set.

IONC token is an indispensable part of the IONChain system as it is a single most crucial part of its ecIONChain aims to solve a wide range of the current problems of IoT networks in terms of data security, data circulation, data sharing and data transactions, thus enhancing the efficiency of the whole IoT ecosystem. IONChain introduces the concept of “One Device, One Coin, One Code” which facilitates the integration of IoT devices with the IONChain blockchain network. With the use of Edge Computing technology, it enables every device on the IoT network to be utilized as a mining machine, making every IoT device that uses IONChain subject to mining rewards. Owing to the use of blockchain technology, the data source will always be reliable and verifiable on the IONChain network. Furthermore, the value ofthe data is quantified and data transfers are fast and secured. This makes it easier for IoT standards to emerge, unlocks a plethora of new IoT application scenarios and boosts the whole industry to enter the next level of development.

IONChain News & Guides

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