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OriginTrail Overview
24h High
$0.35
24h Low
$0.32
24h Change
-2.90%
7d Change
+5.67%
30d Change
-9.44%
Volume 24h
$2.33M
Market Cap
$129.71M
Circulating Supply
382.79M TRAC
OriginTrail News
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About OriginTrail
OriginTrail (TRAC) is the native token of the OriginTrail Decentralized Network (ODN), an ERC-20 token on the Ethereum blockchain. The platform, co-founded by Žiga Drev, Tomaž Levak, and Branimir Rakić, is designed to create a universal, collaborative, and trusted data exchange system. TRAC tokens are used for compensation to ODN nodes, staking to become a data holder node, bidding for data storage by nodes, and potentially for governance decisions.
TRAC tokens serve multiple purposes within the OriginTrail ecosystem:
- Compensation: Node runners are compensated in TRAC tokens for storing and sharing data, as well as for ensuring data integrity.
- Staking: To become a data holder node in the ODN, a certain amount of TRAC tokens need to be staked. This mechanism ensures the commitment and good behavior of nodes.
- Data Bids: Organizations or entities wanting to publish data on the ODN use TRAC tokens to bid for their data to be stored by nodes.
- Voting: TRAC can potentially be used in governance decisions, helping steer the future direction of the OriginTrail protocol.
OriginTrail was co-founded by Žiga Drev, Tomaž Levak, and Branimir Rakić. The trio embarked on the project with the goal of enhancing transparency and trust in supply chains using blockchain technology.
OriginTrail Markets
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OriginTrail Platforms
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Learn About OriginTrail
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OriginTrail Market Data
The live OriginTrail price today is $0.33 USD with a 24-hour trading volume of $2,333,872.34 USD. We update our TRAC to USD price in real-time. OriginTrail is down 2.90% in the last 24 hours.
The current market cap is $129,707,946.16 USD, ranking #187 by market capitalization. The circulating supply is 382,790,094 TRAC.