About RingDAO
RingDAO is a venture DAO focused on DeFi and DAO applications within the Web3 space. It has fostered the development of applications such as Helixbox ( DeGov.AI ( Darwinia Network ( and others. RING serves as the governance token for RingDAO and is widely utilized across its projects. RING is used to capture value within our decentralized system, establish decentralized governance, and unite all RING holders in collectively advancing the ecosystem.
Market Stats
Market Cap
£1.72M
-1.61%
FDV
£2.11M
Circ. Supply
1.7B RING
Max Supply
2.1B RING
Total Supply
2.1B RING
Diluted Valuation
£2.11M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£63.94K
19.98%
Volume (7D)
£555.30K
Volume (30D)
£1.69M
All time high
£0.23
Price Change (1Y)
-55.06%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of RingDAO has decreased by 0.04% in the last hour and decreased by 1.65% in the past 24 hours. RingDAO’s price has also risen by 13.54% in the past week. The current price is £0.0010 per RING with a 24-hour trading volume of £63.94K. Currently, RingDAO is valued at 99.56% below its all time high of £0.23. This all-time high was the highest price paid for RingDAO since its launch.
The current circulating supply of RingDAO is 1,709,976,056 RING which means that RingDAO has as total market cap of £1,716,168.84.
Market details
RING vs markets
↘ 73.16%
RING vs BTC
↘ 74.5%
RING vs ETH
↘ 55.99%
Tags
pos
platform
defi
gaming
+5
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x9469D013805bFfB7D3DEBe5E7839237e535ec483 | |
Arbitrum | 0x9e523234D36973f9e38642886197D023C88e307e | |
Polygon | 0x9C1C23E60B72Bc88a043bf64aFdb16A02540Ae8f |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0010 | ↘ 1.65% |
1 Day | £0.0010 | ↘ 1.65% |
1 Week | £0.000878 | ↗ 13.54% |
1 Month | £0.000859 | ↗ 16.94% |
1 Year | £0.0023 | ↘ 55.06% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Darwinia Network is a Web3 cross-chain bridge hub built on Substrate (a blockchain framework for future ) that enables the easy build of future-proof blockchains. The initial thought while developing Darwinia was to provide a low-level cross-chain solution for Evolution Land (the first Defi+NFT cross-chain game) though later it evolved as a decentralized cross-chain infrastructure. The Darwinia Network can be called the first game chain designed to connect to Polkadot. Thus, the development of the Darwinia network depends on both Polkadot and Substrate frameworks.
Darwinia Network combines cutting-edge cryptography technology, verification games, and super-light client technologies to decentralize the cross-chain transfer process. The aim is to remove third-party participation altogether.
Darwinia Network application areas include DeFi, cross-chain NFT trading, games, etc. Further, Darwinia offers a safe bridging solution that connects to Polkadot, Ethereum, TRON, and other heterogeneous chains by the medium of cross-chain transfer of assets and remote chain calls. Darwinia Bridge Chain is also a bridging hub of Dapps and public chains.
Darwinia Network can operate itself as a stand-alone cross-chain network, and the Darwinia chain is responsible for consensus security and cross-chain interoperability. Darwinia has the choice to access Polkadot as a Parachain of Polkadot, after which Polkadot will take over and be responsible for the security of the Darwinia chain. Polkadot enables all the Parachain in Darwinia Network to connect to a broader external blockchain network.
The native token of Darwinia Network is RING which is used as gas for transactions. Gas includes contract execution fees, network bandwidth charges, storage fees, transaction fees, and more. As per the gene paper, the benefits of Darwinia Network includes transaction fees and block reward. The transaction fees include cross-chain staking fees, App-chain access fees, and others. Darwinia Network distributes newly generated RING on the blockchain as an incentive to the participants of staking. The staking process can also be understood through POS mining, wherein miners obtain staking energy by pledging tokens. POS mining refers to offering computing capability of traditional web and network service to serve the users of Darwinia Network.
Darwinia Network project started in late 2018. Alex Chein and Denny Wang are the co-founders of Darwinia Network. Alex and Denny have also worked on various blockchain projects in the past.
We update our RingDAO to GBP currency in real-time. Get the live price of RingDAO on Coinbase.
The current market cap of RingDAO is £1.72M. A high market cap implies that the asset is highly valued by the market.
The all-time high of RingDAO is £0.23. This all-time high is highest price paid for RingDAO since it was launched.
Over the last 24 hours, the trading volume of RingDAO is £63.94K.
Assets that have a similar market cap to RingDAO include Unibright, Keep3rV1, Banano, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of RingDAO is 1.7 billion.
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Legal
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