About Skey Network
Skey Network aims to connect the physical with blockchain database via a "Blockchain or Things" bridge.
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Market Stats
Market Cap
$5,003,662.83
-21.85%
FDV
$11,893,470.62
Circulating Supply
420,706,704.646 SKEY
Max Supply
1,000,000,000 SKEY
Total Supply
1,000,000,000 SKEY
Diluted Valuation
$11,897,469.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$156,874.79
-0.18%
Volume (7D)
$1,011,282.77
Volume (30D)
$3,935,182.30
All time high
$0.55
Overall Price Change (1Y)
-0.71%
Additional info about Skey Network
Recent trends
The price of Skey Network has decreased by 2.49% in the last hour and decreased by 21.89% in the past 24 hours. Skey Network’s price has also fallen by 33.07% in the past week. The current price is $0.0119 per SKEY with a 24-hour trading volume of $156.87K. Currently, Skey Network is valued at 97.85% below its all time high of $0.55. This all-time high was the highest price paid for Skey Network since its launch. The current circulating supply of Skey Network is 420,706,704.646 SKEY which means that Skey Network has as total market cap of $5,003,662.83.
Market details
SKEY vs markets
↘ 74.94%
SKEY vs BTC
↘ 78.35%
SKEY vs ETH
↘ 44.75%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x06A01a4d579479Dd5D884EBf61A31727A3d8D442 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0119 | ↘ 22.04% |
1 Day | $0.0152 | ↘ 21.89% |
1 Week | $0.0178 | ↘ 33.07% |
1 Month | $0.0236 | ↘ 49.53% |
1 Year | $0.0417 | ↘ 71.44% |
FAQ
Skey Network (SKEY) is a platform that connects physical assets with decentralized finance (DeFi) projects operating on the Ethereum blockchain. According to the whitepaper, Skey Network seeks to maximize the opportunities offered by DeFi. The network intends to let users create new business models around traditional car rental, carsharing, and home rental services. Further, Skey network claims to utilize BIoT (Blockchain Internet of Things) technology to create a unique smart contract in the form of an NFT token. Internet of Things is the concept of linking any device to the Internet and other connected devices.
As per the whitepaper, an NFT access token is a mixture of three technologies. The first is BIoT, which connects an IoT device’s unique IT record to the Blockchain. The users can install the devices in cars, gates, homes, etc. The second technology Skey Network utilizes is Oracle II, used to verify elements that impact the value, such as weather conditions or seasonality. It can also be used to verify information about the user, such as a credit record, which is especially important when creating smart contracts to rent an apartment or a car. The third technology utilized to make the access token is the smart contract conditions. The conditions can be decided by the person issuing the contract with various levels of customization. These conditions contain contract expiration time, access time, price, user verification rules, deposit amount, and others. Combining these three technologies creates a smart contract in an NFT token called the Skey Network.
The Skey Network intends to solve the problem of the transactions between physical and digital assets that often require multiple stages, such as, converting one digital asset to another and then converting a digital asset into the traditional currency. A value is lost at every stage of this transaction via intermediates that charge fees or commissions. Skey Network solves this problem by acting as a single bridge between physical and digital assets, significantly reducing the network fees accrued by asset holders.
SKEY is the native token of the Skey Network. The total supply of the SKEY token is 1,000,000,000 SKEY. Of all the tokens 30% is distributed to the BoTGlobal company, 20% is allocated to the team, and 10% to the marketing team. Further, 10% each were distributed to the Pre-sale Stage A, Stage B, and UniSwap. Apart from this, 5% each was distributed among the Exchange and reserve.
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The current market cap of Skey Network is $5.00M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Skey Network is $0.55. This all-time high is highest price paid for Skey Network since it was launched.
Over the last 24 hours, the trading volume of Skey Network is $156.87K.
Assets that have a similar market cap to Skey Network include MXC, Pandora, Public Masterpiece Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Skey Network is 421 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1315
Contributors
5
Posts
49
% About Skey Network
0.024%
Hold times
0 days
X (Twitter)
99.93% bullish
Sentiment
92 ★
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.
Highlights
5 unique individuals are talking about Skey Network and it is ranked #1,315 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Skey Network has an average sentiment score of 92 out of 5. Finally, Skey Network is becoming less newsworthy, with 0 news articles published about Skey Network.
On Twitter, people are mostly bullish about Skey Network. There were 99.93% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Skey Network. 0.07% of tweets were neutral about Skey Network. These sentiments are based on 37 tweets.
On Reddit, Skey Network was mentioned in 10 Reddit posts and there were 6 comments about Skey Network. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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.