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.
Earn $50 when you buy $50 in crypto
Sign me up
Market Stats
Market Cap
$32.51K
FDV
$114.19K
Circ. Supply
1.4B REAP
Max Supply
4.9B REAP
Total Supply
2.2B REAP
Diluted Valuation
$109.20K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$69.25K
-26.01%
Volume (7D)
$515.72K
Volume (30D)
$2.61M
All time high
$0.76
Price Change (1Y)
-82.87%
Additional info about ReapChain
Recent trends
The latest REAP price is $0.000023. Compared to ReapChain's value of $0.00 from 24 hours ago, there's been a 1% increase, while the current price is -5% down from $0.00 which was recorded one week ago. ReapChain's all time high is $0.76, which was reached on April 17, 2021. This is a -100% change from its price today.
The current circulating supply of ReapChain is 1,395,000,000. This is 28% of its max supply of 4,900,000,000 REAP and 63% of its total supply of 2,200,000,000. The market cap is currently $32.51K, which is a result of multiplying the current price of ReapChain($0.00) by the total supply(2,200,000,000 REAP). The fully diluted valuation of ReapChain is $114.19K. The diluted valuation of ReapChain is $114.19K.
Market details
REAP vs markets
↘ 86.47%
REAP vs BTC
↘ 88.66%
REAP vs ETH
↘ 74.8%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x1fc5EF0337AEA85C5f9198853a6E3A579a7A6987 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000023 | ↗ 1.04% |
1 Day | $0.000023 | ↗ 1.04% |
1 Week | $0.000025 | ↘ 5.44% |
1 Month | $0.000043 | ↘ 45.55% |
1 Year | $0.000136 | ↘ 82.87% |
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 USD currency in real-time. Get the live price of ReapChain on Coinbase.
The current market cap of ReapChain is $32.51K. A high market cap implies that the asset is highly valued by the market.
The all-time high of ReapChain is $0.76. 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 $69.25K.
Assets that have a similar market cap to ReapChain include Ponchiqs, Fusion AI, Ritocoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of ReapChain is 1.4 billion.
Earn $50 when you buy $50 in crypto
Restrictions apply. Promo code expires June 20th, 2025.
ReapChain calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
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.