Open Platform (OPEN) is not tradable on Coinbase.
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The current price is $0.0044 per OPEN with a 24-hour trading volume of $0.00.
Data is sourced from third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
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Max Supply
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Volume (24h)
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Volume (30D)
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All time high
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Open Platform (OPEN) is a cryptocurrency and operates on the Ethereum platform. Open Platform has a current supply of 1,745,447,045 with 0 in circulation. The last known price of Open Platform is 0.0034489 USD and is up 0.00 over the last 24 hours. It is currently trading on 8 active market(s) with $34,748.95 traded over the last 24 hours. More information can be found at
Networks and tags
As its name suggests, OPEN Platform (OPEN) is an open-source ecosystem offering tools for developers to build decentralized technologies. Using smart contracts enables developers to create markets, store records of loans, and move funds according to the auto-executed instructions without any intermediaries. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.
The core roadblock to the large-scale adoption of blockchain platforms is their inability to integrate easily with the present infrastructure. Developers need a mechanism to integrate a decentralized payment gateway into their app's unique payment scheme, which can accept any cryptocurrency and synchronize transactions with their existing backend. Further, the centralized nature of traditional finance results in manual verification of contracts which is a time-consuming process and results in backlogs.
According to its whitepaper, OPEN addresses this issue by employing advanced smart contract systems as transaction and verification tools for software applications. Payments are quicker and cheaper, with the added benefit of a trustless environment, thus providing unique advantages for both the app developer and the app's users. Hence, Open Platform aims to encourage mass adoption of blockchain technologies by providing ready-to-use solutions that developers can easily integrate within the existing systems.
To realize its vision, OPEN features a decentralized application payment gateway that interacts smoothly with existing application backends. Further, OPEN's design produces proofs of legitimate transactions that contain information about the transaction, allowing for a wide range of application-level use cases. The OPEN platform, in a way, serves as the foundation for one of the first decentralized API (application programming interface) for centralized apps.
When it comes to the token, OPEN serves as the native currency of the platform. The token seeks to allow developers to create and operate scaffolds(frames) in the OPEN ecosystem. However, to use that Scaffold, the developer must stake a particular amount of OPEN token on it. When a developer wants to retire a scaffold, they can anytime close it and receive their staked OPEN tokens back.
Ken Sangha is the CEO of Open Platform. Before this, Ken was involved with startup growth and has scaled multiple companies.
We update our Open Platform to USD currency in real-time. Get the live price of Open Platform on Coinbase.
Date | Price | Change |
|---|---|---|
Today (April 21, 2025) | $0.0044 | +NaN% |
24 hours ago (April 20, 2025) | $0.0044 | +0.00% |
1 week ago (April 14, 2025) | $0.0044 | +0.00% |
1 month ago (March 21, 2025) | $0.0034 | +0.00% |
1 year ago | $0.0498 | +0.00% |
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Conversion Table
Stellar Blog • Mar 18, 25
How to Use the OpenZeppelin Contract Wizard to Create a Fungible Token
OpenZeppelin's Contract Wizard now supports Stellar’s smart contracts platform making it easier than ever to generate secure and standardized smart contracts for the Stellar network.
Read more
BeInCrypto • Jul 16, 24
PLUTO Studio’s Catizen Tap-to-Earn Game Attracts Investment from The Open Platform
The Open Platform invests in PLUTO Studio, boosting the growth and success of the Catizen tap-to-earn game on Telegram.The post PLUTO Studio’s Catizen Tap-to-Earn Game Attracts Investment from The Open Platform appeared first on BeInCrypto.
Read more
Blockworks • Jun 02, 24
Funding Wrap: Babylon announces $70M raise led by Paradigm
Babylon led the pack of funding announcements alongside OpenSocial, Aperture and Scrypt
Read more
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