About SpaceChain
The key to Space Chain is to deploy all blockchain nodes on satellites so as to bring blockchain technology into space, adding a new dimension to blockchain’s core concept of distributed ledger by making use of space technology and advantages of space resources. As a space blockchain platform featuring data collecting, computing, application and storage, Space Chain uses satellites as its blockchain nodes for realizing direct on-satellite data processing and secure in-space data storage through cryptographic technologies such as quantum communications. Different from ground-network-based blockchain technology, Space chain provides a broader coverage and is based on a network of LEO satellites for achieving broad-based connectivity so that anyone and anything could become the user of blockchain technology anywhere and anytime.
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Market Stats
Market Cap
₹794.67M
0.77%
FDV
₹1.01B
Circ. Supply
307M SPC
Max Supply
Not enough data
Total Supply
391M SPC
Diluted Valuation
₹1.57B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹321.70K
-89.27%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
₹40.44
Price Change (1Y)
315.41%
Additional details
Recent trends
The latest SPC price is ₹2.59. Compared to SpaceChain's value of ₹2.58 from 24 hours ago, there's been a 1% increase, while the current price is -10% down from ₹2.83 which was recorded one week ago. SpaceChain's all time high is ₹40.44, which was reached on January 17, 2018. This is a -94% change from its price today.
The market cap is currently ₹794.67M, which is a result of multiplying the current price of SpaceChain(₹2.59) by the total supply(391,259,213 SPC). The fully diluted valuation of SpaceChain is ₹1.01B. The diluted valuation of SpaceChain is ₹1.01B.
Market details
SPC vs markets
↗ 203.62%
SPC vs BTC
↗ 159.01%
SPC vs ETH
↗ 491.42%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x86ed939B500E121C0C5f493F399084Db596dAd20 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹2.59 | ↗ 0.64% |
1 Day | ₹2.58 | ↗ 0.64% |
1 Week | ₹2.83 | ↘ 9.55% |
1 Month | ₹2.57 | ↘ 0.34% |
1 Year | ₹0.60 | ↗ 315.41% |
FAQ
SpaceChain (SPC) is a community-based platform that seeks to allow entrepreneurs worldwide to implement ideas that align with the blockchain-based outer space development ideology. SpaceChain strives to empower individuals to become an essential part of the space revolution by merging blockchain technology with present astronautical resources and capabilities. Also, the platform aims to be a leader in developing solutions that will allow humankind to prosper in the emerging space era.
According to the whitepaper, SpaceChain seeks to solve the issues related to the aerospace industry, such as lack of a democratic space cooperation alliance, lack of public contribution to the industry, and an imbalance between government and commercial enterprises. As a solution, SpaceChain aims to break down existing internal obstacles in the aerospace sector by establishing an alliance between companies and blockchains. Thereby, to achieve this goal, the project intends to create a SpaceChain OS, an operating system that enables a realistic network in space. The SpaceChain OS seeks to encrypt transmitted data with blockchain technology to provide total security while incorporating blockchain into the operating system to ensure that each satellite runs safely.
SPC is the native token of the SpaceChain platform. The SPC token seeks to connect to the SpaceChain OS, allowing developers to upload apps on the network. Additionally, the token intends to enable data and programs to be stored and executed on SpaceChain satellites. Therefore, to run the apps, SPC tokens are required. As a utility token, SPC works similar to a ticket to access an app's feature or storage.
Further, SpaceChain intends to value the space applications in its decentralized marketplace by utilizing SPC tokens. This utility seeks to give the SPC token a demand and value proposition as it necessitates token usage in the SpaceChain ecosystem.
Zee Zheng and Jeff Garzik cofounded the SpaceChain platform in 2017. Zee Zheng serves as the CEO, and Jeff Garzik serves as the CTO of SpaceChain. Garzik is a blockchain pioneer and a former core developer of Bitcoin. In March 2018, the platform completed the SpaceChain OS development.
We update our SpaceChain to INR currency in real-time. Get the live price of SpaceChain on Coinbase.
The current market cap of SpaceChain is ₹794.67M. A high market cap implies that the asset is highly valued by the market.
The all-time high of SpaceChain is ₹40.44. This all-time high is highest price paid for SpaceChain since it was launched.
Over the last 24 hours, the trading volume of SpaceChain is ₹321.70K.
Assets that have a similar market cap to SpaceChain include cheqd, Brett (ETH), Efinity Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SpaceChain is 307 million.
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