IRIS Network (IRIS) Live Tokenomics, Charts, Ratings & News

Cryptocurrencies
IRIS Network / Overview

IRIS Network IRIS

0x76C...1463f

Cosmos
IBC/7...0CEC0
Polygon
0x3dc...221D1

Website

Explorer

Resource

#450

$0.023867 -15.54% -$0.004391

= 0.000000924862 BTC (-11.34%) | = 0.000013150248 ETH (-12.17%)

Low: $0.023679 High: $0.025215

24H

Market Cap $36,468,321
Fully Diluted Valuation -
24H Spot Volume $2,507,438
24H Volume / Market Cap 0.07 (+75.00%)
Circulating Supply 1,528,006,688
Total Supply 1,993,957,077
Max Supply -
Project Start Date -

1H -0.17%
24H -15.54%
7D -24.30%
30D -2.05%
90D -22.79%
180D +59.30%
1 Y -6.67%
YTD +85.36%

What is IRIS Network (IRIS)

IRIS is the native token for staking and payment in the Cosmos-based IRISnet, a service protocol aiming to provide a blockchain-based, open network to small and medium businesses. By TokenInsight Research

What is the utility of $IRIS?

The IRIS hub has its own native token known as IRIS. It is designed to serve three purposes in the network.

Staking. Similar to the ATOM token in the Cosmos Hub, the IRIS token will be used as a staking token to secure the PoS blockchain.

Transaction Fee. The IRIS token will also be used to pay fees for all transactions in the IRIS network.

Service Fee. It is required that service providers in the IRIS network charge service fees denominated in the IRIS token.

It is intended that the IRIS network will eventually support all whitelisted fee tokens from the Cosmos network, which can be used to pay the transaction fees and service fees.

IRIS Network $IRIS Funding History

1 - Mar, 01, 2018 Token Sale