About Media Network
MEDIA is a Solana token for the Media Network, a new protocol that foregoes traditional centralized CDN approaches and opts for a self-governed, open-source solution. Users can monetize spare bandwidth resources and earn MEDIA in exchange for their contributions.
Trading Insights
Traders
7
Searched
36
Market Stats
Market Cap
£57.15K
-0.98%
FDV
£2.29M
Circ. Supply
250K MEDIA
Max Supply
10M MEDIA
Total Supply
869K MEDIA
Diluted Valuation
£198.70K
Performance
Popularity
#5,837
Dominance
0%
Volume (24H)
£268.45
-87.35%
Volume (7D)
£2.66K
Volume (30D)
£8.29K
All time high
£189.05
Price Change (1Y)
-97.71%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Media Network has increased by 0.27% in the last hour and decreased by 0.97% in the past 24 hours. Media Network’s price has also risen by 3.11% in the past week. The current price is £0.23 per MEDIA with a 24-hour trading volume of £268.45. Currently, Media Network is valued at 99.88% below its all time high of £189.05. This all-time high was the highest price paid for Media Network since its launch.
The current circulating supply of Media Network is 250,000 MEDIA which means that Media Network has as total market cap of £57,151.53.
Market details
MEDIA vs markets
↘ 98.64%
MEDIA vs BTC
↘ 98.73%
MEDIA vs ETH
↘ 97.73%
Tags
ftx-bankruptcy-estate
Network & Addresses
Network | Address | |
|---|---|---|
Solana | ETAtLmCmsoiEEKfNrHKJ2kYy3MoABhU6NQvpSfij5tDs |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.23 | ↘ 0.97% |
1 Day | £0.23 | ↘ 0.97% |
1 Week | £0.22 | ↗ 3.11% |
1 Month | £0.44 | ↘ 48.56% |
1 Year | £10.39 | ↘ 97.71% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Media Network is a new protocol that aims to decentralize the traditional approach of Content Delivery Network (CDN) providers. It strives to create a self-governed and open-source solution where everyone can participate. The protocol seeks to establish a distributed bandwidth market, enabling service providers such as media platforms to hire resources from the network and dynamically adjust as the demand for last-mile data delivery fluctuates. Media Network aims to allow anyone to serve content organically without any trust assumptions or pre-authentication requirements. Participants in the network may receive MEDIA tokens as compensation for their bandwidth contributions. These tokens are a fixed supply SPL token minted on Solana’s Blockchain.
Media Network operates as a decentralized hub for web services, connecting providers and clients through smart contracts. It allows service providers to hire resources from the network and dynamically adjust as the demand for data delivery shifts. The network participants, whether they are clients consuming web services or providers supplying web services, interact using the MEDIA token. This token serves as the medium of exchange between clients and providers, powering the network's economy. Providers need to hold MEDIA LP tokens to provide services. An innovative burn mechanism is activated with each deal, infusing dynamism into the system.
Media Network has a wide range of potential use cases. It may be used by media platforms and other service providers to hire resources from the network for data delivery. This eliminates the need for third-party facilitators.The network also aims to allow anyone to serve content organically, which can be particularly useful for content creators and distributors. Additionally, the MEDIA token may be used in exchange for web services, creating a self-sustaining economy within the network. The Media Network App serves as an intuitive front-end interface for accessing the features of the Media Network protocol, enhancing the browsing and usage of web services.
Media Network was launched with the aim of decentralizing the traditional approach of CDN providers. It was designed as a self-governed and open-source solution where everyone can participate. The protocol was built on Solana’s Blockchain, and the MEDIA token was introduced as a fixed supply SPL token to reward participants for their bandwidth contributions. The network has undergone changes and updates, with various developments being introduced to enhance its functionality and usability. For instance, the Media Network App was developed to improve the interaction with the Media Network, enabling more users to benefit from the protocol's decentralized marketplace and smart contracts.
We update our Media Network to GBP currency in real-time. Get the live price of Media Network on Coinbase.
The current market cap of Media Network is £57.15K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Media Network is £189.05. This all-time high is highest price paid for Media Network since it was launched.
Over the last 24 hours, the trading volume of Media Network is £268.45.
Assets that have a similar market cap to Media Network include Bonfire, GreenTrust, Pippi Finance, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Media Network is 250 thousand.
Media Network ranks 307 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 80% of Coinbase users are buying Media Network. In other words, 80% of Coinbase customers have increased their net position in Media Network over the past 24 hours through trading.
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Legal
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