About Draken
Draken (DRK) is a cryptocurrency launched in 2020. Draken has a current supply of 0. The last known price of Draken is 0.00049963 USD and is up 0.00 over the last 24 hours. It is currently trading on 4 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
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Market Stats
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Additional info about Draken
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Tags
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.000500 | 0.00% |
1 Year | $0.000700 | 0.00% |
FAQ
Draken DeFi Chain, abbreviated as Draken, functions as an all-in-one blockchain-based platform that supports a multi-tiered smart contract system to facilitate a wide range of real-life use cases and achieve blockchain mass adoption. The platform was developed to form a complete financial ecosystem on-chain (on the blockchain), and the main focus is on privacy and portability.
The forum seeks to overcome various challenges currently faced by blockchain ecosystems. Such as an expensive and time-consuming infrastructure. Other problems include:
Draken works on Proof-of-Honor (PoH), an upgrade from Proof-of-Stake, that ranks nodes based on the amount of stake and transactions to encourage Dapp developers to serve as many users and generate as many transactions as possible. POH is also helpful in removing all cheating and slacking miners to preserve the network's longevity via its advanced incentive system.
Therefore, Draken seeks to improvise on its key features that include privacy-on-demand, decentralized exchange, decentralized social network, payment gateway, and decentralized games.
DRK is the ecosystem's native digital token that allows holders to participate in the on-chain governance through which holders can determine critical parameters and consensus nodes that maintain the network's chain.
We update our Draken to USD currency in real-time. Get the live price of Draken on Coinbase.
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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.