About ReapChain
ReapChain was created to solve the problems of the existing IoT Blockchain. Based on the Shell-Core structure, which combines public and private Blockchains, and the two-way consensus algorithm (PoDC), we have overcome the three problems of the existing Blockchain: “scalability, security, and decentralization”. Also, by giving the PID of an object through the Reap SDK, it is possible to secure clean data by improving security through mutual verification between devices and preventing the forgery of data. ReapChain is creating a new IoT Blockchain world with technology that has both complete security and transparency.
Market Stats
Market Cap
Not enough data
FDV
£8.32K
Circ. Supply
Not enough data
Max Supply
4.9B REAP
Total Supply
4.7B REAP
Diluted Valuation
£7.95K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
£9.79K
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.56
Price Change (1Y)
-97.53%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.00000170 per REAP with a 24-hour trading volume of £9.79K. Currently, ReapChain is valued at 100.00% below its all time high of £0.56. This all-time high was the highest price paid for ReapChain since its launch.
The current circulating supply of ReapChain is 0 REAP which means that ReapChain has as total market cap of £0.00.
Market details
REAP vs markets
↘ 98.48%
REAP vs BTC
↘ 98.59%
REAP vs ETH
↘ 97.76%
Tags
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x1fc5EF0337AEA85C5f9198853a6E3A579a7A6987 |
Price history
Time | Price | Change |
---|---|---|
Today | £0.00000170 | 0.00% |
1 Day | £0.00000171 | 0.00% |
1 Week | £0.00000170 | 0.00% |
1 Month | £0.000019 | ↘ 90.84% |
1 Year | £0.000072 | ↘ 97.53% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
ReapChain is a blockchain aiming to solve the “trilemma of blockchains,” i.e., scalability, security, and decentralization. The platform seeks to enable the commercialization of blockchain and implement blockchain-based DApp services. ReapChain intends to implement a secure and transparent IoT (Internet of Things) ecosystem by blockchain-izing the entire end-to-end section of the IoT industry.
According to the whitepaper, ReapChain was created to solve the problems of the IoT blockchain. Based on the shell-core structure, which integrates public and private blockchains to form a double-layered chain, and the two-way Proof of Double Committee (PoDC) consensus algorithm, the platform aims to overcome the blockchain problems of scalability, security, and decentralization. PoDC is an algorithm aiming for decentralization in constructing the double (standing and steering) committees. Also, by offering the PID (product id) of an object through the Reap SDK (software development kit, which is a tool for developing blockchain services for different DApp service providers), the platform seeks to improve security through mutual verification between devices.
In addition, ReapChain offers the following features:
The whitepaper Ver 0.8 of ReapChain (REAP) was released in the first quarter of 2020. However, pre-sale and exchange listing, token generation (TGE) and distribution, and whitepaper Ver 0.9 release were done in the third quarter of 2020. The team of ReapChain includes Jake Lee, CEO; Seungjong Lee, COO; Khan Kim, CSO; Sungjin Kim, CTO; Suho Kwon, R&D CTO; Jay Yoo, CMO; and other skilled members.
We update our ReapChain to GBP currency in real-time. Get the live price of ReapChain on Coinbase.
The current market cap of ReapChain is £0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of ReapChain is £0.56. This all-time high is highest price paid for ReapChain since it was launched.
Over the last 24 hours, the trading volume of ReapChain is £9.79K.
Assets that have a similar market cap to ReapChain include Aave, Lympo, Phoenix Global [Old], and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of ReapChain is 0.
Social stats
Popularity in posts
#4821
Contributors
6
Posts
14
% About ReapChain
0.001%
Hold times
0 days
X (Twitter)
47.06% bullish
Sentiment
3.4 ★
Highlights
6 unique individuals are talking about ReapChain and it is ranked #4,821 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, ReapChain has an average sentiment score of 67 out of 5. Finally, ReapChain is becoming less newsworthy, with 0 news articles published about ReapChain.
On Twitter, people are mostly bullish about ReapChain. There were 53.33% of tweets with bullish sentiment compared to 13.33% of tweets with a bearish sentiment about ReapChain. 46.67% of tweets were neutral about ReapChain. These sentiments are based on 14 tweets.
On Reddit, ReapChain was mentioned in 0 Reddit posts and there were 0 comments about ReapChain. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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ReapChain calculator
1 ReapChain (REAP) to Canadian Dollar (CAD)
CA$0.00000313
1 ReapChain (REAP) to British Pound (GBP)
£0.00000170
1 ReapChain (REAP) to Real (BRL)
R$0.000013
1 ReapChain (REAP) to Euro (EUR)
€0.00000196
1 ReapChain (REAP) to Singapore Dollar (SGD)
S$0.00000293
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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.