Koinos Price (KOIN)

Koinos is a blockchain framework made to be accessible and user-friendly. The Koinos blockchain enables faster and easy to launch high-performance applications with no extra fees. As per the whitepaper, the platform aims to fasten the transition to a truly decentralized future by maximizing blockchain accessibility. The Koinos Blockchain Framework (KBF) facilitates developers to create free-to-use decentralized applications (Dapps) using any universal programming language.

Further, the network brings a new concept known as mana, which aims to enable token holders to perform fee-less transactions and execute fee-less smart contracts without affecting a user’s token balance. The platform applies a certain amount of mana on every token of Koin, the native token of Koinos. The proportional mana is consumed when a user consumes network resources. So, whenever a user submits a Koin transaction, they already have mana that can be consumed down. The user would still have to incur some cost based on the cost of the network resources being consumed; thus, once any of the mana in a given token is consumed, that token would be locked for a period of time. Therefore, an opportunity cost is created in contrast to the real-time monetary cost that disincentivises the submission of value-less transactions. The lock-in period of a Koin token is specified within the mana smart contract. Further, the lock-in time also allows mana to regenerate automatically. Thus, if all of a user’s mana gets consumed, they will have to wait to perform more fee-less transactions without purchasing additional tokens.

The core team of Koinos comprises five members. Andrew Levine serves as the CEO; he is a graduate from JD Villanova School of Law and has blockchain experience of six years. Michael Vandeberg, a blockchain architect, has seven years of blockchain experience. Other team members are Steve Gerbino, Nathaniel Caldwell, and Ron Hamenahem.

NO initial coin offering (ICO) was held for the token. 

We update our Koinos to USD currency in real-time. Get the live price of Koinos on Coinbase.

The current market cap of Koinos is $19.05M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Koinos is $13.93. This all-time high is highest price paid for Koinos since it was launched.

Over the last 24 hours, the trading volume of Koinos is $43.96K.

Assets that have a similar market cap to Koinos include Kang3n, YFIONE, Angle, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Koinos is 83 million.