Shyft Network

SHFT Price

Alright, I need to proofread and rewrite the provided content about Shyft Network. First, I'll read through each section to understand the main points. Starting with "What is Shyft Network about?" The original paragraph is a bit wordy. I can make it more concise by removing redundant phrases and ensuring clarity. Next, "What makes Shyft Network unique?" This section has a lot of information. I'll break it into shorter sentences for better readability and highlight the key features like regulatory compliance and identity solutions. Moving on to "What's the history of Shyft Network?" The original text is straightforward, but I can make it more engaging by restructuring the sentences for a smoother flow. For "What's next for Shyft Network?" I notice it's similar to the previous sections. I'll ensure consistency in the language and focus on the future goals clearly. Lastly, "What can Shyft Network be used for?" This section is quite detailed. I'll organize the information into clear, distinct uses to make it easier to understand. Throughout the process, I'll remove any unnecessary repetition and ensure each section is concise and informative without adding new content. The goal is to present the information in a polished and professional manner.

What is Shyft Network about?

Shyft Network is a public blockchain protocol that aggregates and embeds trust and validation into data stored across public and private ecosystems, as well as permissioned and permissionless networks. By bridging siloed datasets, it adds context to raw data, transforming it into meaningful information.

What makes Shyft Network unique?

Shyft Network stands out for its development of regulatory-compliant tools tailored for Decentralized Finance (DeFi). These tools bridge the gap between centralized and decentralized organizations, easing their entry into the blockchain space. The network aims to enable mainstream financial institutions to participate in DeFi in a compliant manner, reducing the risk of money laundering and potentially attracting large capital inflows and millions of mainstream users. Additionally, Shyft offers identity solutions to help both centralized and decentralized applications meet regulatory requirements. Its proactive approach to compliance, known as Veriscope, has garnered recognition for uniting prominent liquidity providers and accelerating the mass adoption of decentralized applications.

What's the history of Shyft Network?

Founded in 2017 in Bridgetown, Barbados, Shyft Network was established by a group of founders who have successfully launched multiple companies in the blockchain ecosystem since 2012. The core team focuses on developing the network architecture, identifying use cases for the SHFT token, and guiding the network's growth and vision.

What's next for Shyft Network?

Shyft Network is committed to advancing its regulatory-compliant tools for DeFi, assisting mainstream financial institutions in entering the blockchain space, and expanding its identity solutions to ensure compliance for both centralized and decentralized applications. By reducing risks associated with money laundering, Shyft aims to unlock large capital inflows and attract millions of mainstream users to the crypto industry.

What can Shyft Network be used for?

Shyft Network serves multiple purposes. It aggregates and validates data across various ecosystems, bridging siloed datasets to add context and transform raw data into meaningful information. Additionally, it provides regulatory-compliant tools for DeFi, helping mainstream institutions enter the blockchain space compliantly. Shyft also offers identity solutions to assist centralized and decentralized applications in meeting regulations, particularly for virtual asset service providers (VASPs) needing to comply with the FATF Travel Rule.

Where can you buy Shyft Network?

SHFT tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Shyft Network is Gate.io, where the most active trading pair SHFT/USDT has a trading volume of $2.00 in the last 24 hours.

What is the daily trading volume of Shyft Network (SHFT)?

The trading volume of Shyft Network (SHFT) is $2.00 in the last 24 hours, representing a -99.60% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Shyft Network (SHFT)?

Shyft Network (SHFT) reached an all-time high of BTC0.0001139 and an all-time low of BTC0.0₈2712. It’s now trading -100.00% below that peak and 9.30% above its lowest price.

What is the market cap of Shyft Network (SHFT)?

Market capitalization of Shyft Network (SHFT) is BTC6.6538 and is ranked #4104 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SHFT tokens (2.2 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Shyft Network (SHFT)?

The fully diluted valuation (FDV) of Shyft Network (SHFT) is BTC7.5512. This is a statistical representation of the maximum market cap, assuming the maximum number of 2.5 Billion SHFT tokens are in circulation today. Depending on how the emission schedule of SHFT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Shyft Network compare against its peers?

With a price decline of -11.20% in the last 7 days, Shyft Network (SHFT) is underperforming the global cryptocurrency market which is up 3.50%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Shyft Network (SHFT) to MetaMask?

Adding Shyft Network (SHFT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SHFT as a token. You can copy SHFT’s contract address (0xb17c88bda07d28b3838e0c1de6a30eafbcf52d85) and import it manually, or if you've installed MetaMask's chrome extension, add SHFT to MetaMask with one click on CoinGecko.

Add SHFT to MetaMask.