About IRISnet
Inter-chain Service Infrastructure and Protocol Technology Foundation for a Distributed Business Ecosystem
Trading Insights
Searched
1
Market Stats
Market Cap
£392.16K
-1.18%
FDV
£385.75K
Circ. Supply
1.6B IRIS
Max Supply
Not enough data
Total Supply
2.1B IRIS
Diluted Valuation
£1.79M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£163.97K
-1.93%
Volume (7D)
£1.24M
Volume (30D)
£5.09M
All time high
£0.24
Price Change (1Y)
-98.25%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of IRISnet has decreased by 72.70% in the last hour and decreased by 73.26% in the past 24 hours. IRISnet’s price has also fallen by 65.27% in the past week. The current price is £0.000671 per IRIS with a 24-hour trading volume of £163.97K. Currently, IRISnet is valued at 99.72% below its all time high of £0.24. This all-time high was the highest price paid for IRISnet since its launch.
The current circulating supply of IRISnet is 1,611,201,117.017 IRIS which means that IRISnet has as total market cap of £392,156.24.
Market details
IRIS vs markets
↘ 98.93%
IRIS vs BTC
↘ 99.06%
IRIS vs ETH
↘ 98.25%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Cosmos | IBC/7C4D60AA95E5A7558B0A364860979CA34B7FF8AAF255B87AF9E879374470CEC0 | |
Ethereum | 0x76C4A2B59523eaE19594c630aAb43288dBB1463f | |
Polygon | 0x3dc6052a693E4a2fc28Eb2Ea12fe0CfD3BD221D1 | |
Osmosis | ibc/7C4D60AA95E5A7558B0A364860979CA34B7FF8AAF255B87AF9E879374470CEC0 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.000671 | ↘ 73.26% |
1 Day | £0.000681 | ↘ 73.26% |
1 Week | £0.000518 | ↘ 65.27% |
1 Month | £0.000657 | ↘ 72.59% |
1 Year | £0.0107 | ↘ 98.25% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
IRISnet (IRIS) is a protocol designed to be the foundation for next-generation applications. IRISnet permits token transfers across multiple blockchain networks. The main goal of IRISnet is to deliver a blockchain-based open network to small and medium companies that are offering a wide variety of services.
As per its whitepaper, blockchain technology is still in its early stages. As with any new technology, there are defects. These include narrow performance and unstructured governance mechanisms. Presently, these defects make it challenging for blockchains to assist real-world distributed business collaboration. IRISnet intends to improve the current blockchain technology and make it feasible to allow businesses to provide their services and earn rewards in an open network.
IRIS network is developed on top of Cosmos and Tendermint to solve the problems around existing blockchain networks. Cosmos is a network of multiple independent blockchains, called zones. Each zone is powered by the Tendermint protocol, which provides a high-performance, consistent, and secure engine, allowing a hold over malicious behaviours within the network.
IRIS is the native fee token for all transactions on IRISnet. One of the benefits for IRIS token holders is that holders participate in governance by creating and voting for governance proposals. Furthermore, there are two types of tokens expected to support IRISnet's operation:
IRISnet was developed and designed by the tech experts behind Bianjie AI, a tech company founded in 2016. Harriet Cao is a co-founder at Bianjie AI and one of the leaders behind the IRISnet protocol establishment. Haifeng Xi is the other co-founder at Bianjie AI. He has expertise in developing distributed systems and blockchain applications.
We update our IRISnet to GBP currency in real-time. Get the live price of IRISnet on Coinbase.
The current market cap of IRISnet is £392.16K. A high market cap implies that the asset is highly valued by the market.
The all-time high of IRISnet is £0.24. This all-time high is highest price paid for IRISnet since it was launched.
Over the last 24 hours, the trading volume of IRISnet is £163.97K.
Assets that have a similar market cap to IRISnet include Mint Club V1, NanoByte Token, TypeAI, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of IRISnet is 1.6 billion.
IRISnet news
IRISnet calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.