Archway arch #1887

$0.0092606

-6.25% (1d)

Market Cap

$5.6M

BTC Price

$0.00000025

FDV

$10.6M

Vol24h

$34.1K

Circulating Supply

1.1B arch

Total Supply

Info

Website
Website Whitepaper
Community
Algorithm

N/A
Proof Type

Proof of Stake
Block Reward

0
messages.All Time High

$0.277883
messages.ATL Date

12/24/2023

The current price of Archway is $0.0092606 in USD. As of now, a total of 1.1B arch are in circulation across the market. Archway has experienced a price change of -6.25% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Archway trading volume on crypto exchanges has reached $34.1K.

- Changelly
- Crypto.com

Description

Archway (ARCH) is a Cosmos-native blockchain platform tailored for developing decentralized applications (dapps). Founded by Griffin Anderson and backed by Tendermint Ventures, Archway stands out for its incentive model that rewards developers with a share of network fees, inflation, and premiums based on the impact of their dapps. This model aims to foster recurring value generation for developers within the network. The platform is maintained by Phi Labs and utilizes Cosmos SDK and Tendermint for networking and consensus, along with custom modules for rewards and transaction tracking. $ARCH is used primarily to incentivize developers through various revenue streams such as transaction fees, inflationary rewards, and optional smart contract fees. This ecosystem is designed to encourage the creation of impactful dapps while providing developers with multiple potential funding sources, aligning with the platform's goal of driving innovation and participation in the DeFi space.