Dynamic and history value of price XNK. Maximal value of price Ink Protocol was 0.006839$ - 2020-09-23 02:00:12, Minimal price of XNK was 0.0001931$ value and fixed at 2020-11-29 20:00:10. Today price of Ink Protocol is : 0.0003891$
About Ink Protocol
Ink Protocol (XNK) is a cryptocurrency token and works on the Ethereum platform. Ink Protocol has a current supply of 500,000,000 with 349,099,203,031 in circulation. The last known Ink Protocol price is $ 0.000622 USD and has decreased by -4.05% in the last 24 hours. It is currently listed on 10 active markets with $ 54,395.42 traded in the last 24 hours. Further information is available at https://paywithink.com.
ICO Review: Ink Protocol
is a hundred thirty.8 Lina Review (LINA)
The different 32% is of some concern but as long as they’re truly released slowly over 3 years they shouldn’t dilute the worth to a lot. The first thing to have a look at in this ICO is the Listia platform itself. If you believe in cryptocurrency adoption and blockchain expertise, it is a nice time to start building.
The neighborhood help behind the Ink Protocol ICO could be very sturdy. With a big group of neighborhood members behind the venture, the Ink Protocol ICO definitely has a springboard from which to gain momentum and help to facilitate wider adoption of the platform. As peer-to-peer transactions can not at all times be trusted, the token/blockchain may even act as an added level of security utilizing escrow and third-party dispute resolution.
The world is just getting launched to the benefits of this tech, and I imagine we are still within the 1st inning of adoption. This means marketplace transaction charges will begin to method 0 and so long as Ink Protocol is enabling simple and safe transactions, there shall be little need for absolutely centralized marketplaces that control the complete move.
While users can submit gadgets on different platforms, their profiles — often with years of transaction historical past and evaluations — don’t transfer. Venturing on to new marketplaces means beginning the method of constructing trust all over again.
Coinbase is likely one of the hottest and nicely-recognized brokers and trading platforms on the earth. Their platform makes it straightforward to securely purchase, use, store and trade digital forex. Users can buy bitcoins, Ether and now Litecoin from Coinbase by way of a digital wallet out there on Android & iPhone. Decentralized popularity is helpful for each sellers and buyers because it opens up the development of more unbiased marketplaces for honest competitors. This is a wonderful concept developed by a certified staff.
Cryptocurrencies are speculative and sophisticated, they usually involve vital risks—they’re highly volatile and delicate to secondary exercise. Performance is unpredictable, and past performance is not any assure of future efficiency.
Unlike many new cryptocurrency marketplaces, XNK is definitely being swapped out for an existing credit score system developed by Listia over the last 8 years. The team behind Ink Protocol have been running their very own website, Listia, since 2009. Listia is a P2P marketplace for buying and promoting used items and has over 10 million registered customers. Users of the positioning already utilize an offchain digital forex, known as Listia Credits, for transactions.
Accordingly, nothing on this web site constitutes, or ought to be relied on as, investment recommendation or financial recommendation of any kind. When assessing the use case of a particular token, it’s sometimes helpful to make use of the painkiller vs. vitamin analogy. For instance, if a brand new token is launched that solves a serious on a regular basis concern like decreasing electrical energy costs, we might check with this as a painkiller because it addresses an instantaneous and pressing demand. In distinction, the solution offered by Ink Protocol is extra like a vitamin, in that the use case stands to doubtlessly make the P2P market ecosystem more handy, but does not address any pressing demand in the market. We usually are not sure how successful and profitable Listia is given the assorted information we gathered.
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The properly-established user base and tradition of Craigslist brings into query to what extent customers will all of a sudden change the way in which they use the market. Since Listia will implement the use of XNK tokens soon after the tip of ICO, there might be immediately traction with the utilization of tokens. XNK will exchange Listia Credits as the marketplace foreign money, and users with current Listia Credits will have the ability to trade them in for XNK. In addition, users can earn XNK the same means they used to earn credits, which could be referring different users or finishing duties/presents.
What is Ink Protocol (XNK)?
Having examined the idea in Listia, a community backing it must be factors for consideration in backing up this ICO. The solely missing factor can be an excellent marketing agency, and if they have that, nicely and good. Ink Protocol is developed by Listia, a P2P market for purchasing and selling used goods on-line.
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- To do this, they encrypt the private keys to your cryptocurrency wallets so that no-one- not even you- can know them.
- As a result, all transactions and suggestions are backed by proof of cost on the blockchain.
- Just like the blockchain that powers it, Ink Protocol is open-source, which suggests it can be used in a variety of applications and platforms past Listia — including numerous ecommerce marketplaces.
- The information in this video is for educational purposes solely and isn’t funding recommendation.
- Most just lately, we launched a product called Ink Protocol, which takes every thing we now have learned operating Listia and distills it into a decentralized, blockchain-based mostly popularity and transaction system for all marketplaces.
- With over 1900 cash and tokens now listed on CoinMarketCap.com, there are tons of cryptos that we’ve never heard of.
- In early March 2019, Listia launched the beta model of its mainstream shopper reputation app Replin, which integrates Ink Protocol’s reputation and suggestions mobility.
- You’re going to search out it extremely informative and enlightening.
- Over 100M gadgets have been transacted on the market over the past 9 years.
- As the Listia marketplace is already generating income, this should provide a real source of worth to the XNK token from the get go.
Ink Protocol is developed by Listia, a P2P market for buying and selling used items online. Launched in 2009, the marketplace now has over 10 million registered users who have exchanged one hundred million items. Ink Protocol was designed to take a seat proper in the course of p2p market transactions. It is a totally free and open platform that handles all of the primary states when finishing an anonymous p2p transaction online. Listia, a web-based marketplace the place customers commerce items, launched Ink Protocol in 2017.
Buyers can view the reputation of sellers and determine whether they are going to buy an merchandise or not. One of the main attractions of the Ink token (XNK), in fact, is that it will be introduced routinely to the present Listia P2P market. Launched in 2009, the marketplace now has over 10 million registered customers who have exchanged over a hundred million gadgets. The firm itself is also no stranger to elevating capital the “more conventional means.” In reality, it has so far raised over USD$11 million from outstanding investors like Y Combinator, General Catalyst, and SV Angel.
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(As it would not matter how great the idea is or how nice the team is if the token you buy as an investment does not improve in value with the token/idea/platforms progress). It can be utilized identical to fiat foreign money to buy things on this platform. Further this token can simply be taken and utilized by another platform as a fee possibility and a P2P popularity system that might also have all of the P2P reputations from the Listia platform already built in. As a number one group in blockchain and fintech information, BeInCrypto all the time makes every effort to adhere to a strict set of editorial policies and apply the best degree of journalistic requirements. That being mentioned, we always encourage and urge readers to conduct their own analysis in relation to any claims made in this article.
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Ink turns P2P marketplace transactions into a sequence of “states.” This flow has been based mostly on the Listia Team’s expertise in working their service, together with multiple outcomes and edge instances. Ethereum based mostly – XNK relies on an ETH-20 utility token and could be easily exchanged again into ETH. A robust group forms the idea of any successful challenge.
If you needed to give props to another blockchain challenge, which would it not be and why?
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Get able to explore unusual new worlds, hunt down new life and new civilizations, and badly go the place nobody has gone before in this sponsored ICO Spotlight edition #15 of The Bad Crypto Podcast. Sellers will earn Ink reputation all over the place they promote and use it for immediate credibility on all marketplaces and for all p2p transactions. View any seller’s international reputation, pay with escrow, and go away suggestions for completed transactions. Reputation is decentralized, independent, and public, so it’s obtainable anywhere. Bring it with you and by no means worry about rebuilding it from scratch.
This article is intended as information or presented for informational functions solely. The matter of the article and data offered may potentially impact the value of a digital asset or cryptocurrency but isn’t meant to take action.
When a buyer pays, XNK tokens are held by the contract till the client signifies that they have acquired the merchandise (or service). Sellers should stake their status towards tokens until the client receives the merchandise. Faster market entry for sellers – Creating a public status throughout platforms quickly is one benefit of using this cryptocurrency. Think of it, on one degree, as a Paypal at the time eBay launched. Except, in this case, the cryptocurrency has been developed by Listia , an present on-line freebie barter trade.
Ink Protocol Price
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