IRISnet
$0.005210
-6.5%(24h)Today
-6.5%
30 Days
-68.0%
Price Change (24h)
-$0.000360
View on TradingView
Price of IRISnet Today
The live price of IRISnet is $0.00521000 per IRIS/USD, -6.46% in the last 24 hours. It has a market cap of $242.60K and $379.46K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. IRIS has a circulating supply of 1.44B.
Current price
$0.0052100024h high
$0.010724h low
$0.0050000024h
-6.46%7d
-46.40%30d change
-67.96%IRIS Market Stats
Rank
#4446
By market cap
Market Cap
$242.60K
24h Volume
$379.46K
Across 1 exchanges
FDV
$11.20M
If all tokens were issued
Circulating Supply
1.44B IRIS
Total Supply
2.15B IRIS
Max Supply
—
No fixed cap
Listed on
1 exchanges
Website & Community
Website
Categories
Smart Contract PlatformOsmosis EcosystemProof of Stake (PoS)
Where to buy IRISnet
IRISnet is available on 1 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Binance | IRISUSDT | $379.46K | Buy IRIS on Binance |
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People also ask about IRISnet
What Is IRISnet (IRIS)?
IRISnet is a blockchain-based service protocol and cryptocurrency, launched on March 1, 2019. Its goal is to create an open network for small and medium-sized businesses offering various services. According to its whitepaper, IRISnet aims to integrate public and consortium blockchains to bring decentralized benefits to businesses and freelance providers. The name IRISnet is inspired by Iris, the Greek goddess of the rainbow and messenger of the gods.
What Makes IRISnet Unique?
IRISnet stands out by targeting small business operations, unlike many consortium blockchains controlled by large corporations. It recently introduced IRITA, an enterprise blockchain with flexible digital asset modeling and privacy-focused data authorization. A key feature is combining on-chain transactions with off-chain data processing and business logic. IRISnet also offers a smart wallet designed for business use.
How Many IRISnet Coins Are There in Circulation?
IRISnet's initial token supply was two billion IRIS tokens, allocated as follows: 25% for private sale, 15% to the Bianjie AI team, 15% for the IRIS Foundation, 30% for ecosystem development, 5% for a Cosmos Hub Airdrop, and 25% to the Tendermint team (vested after launch). Proceeds from the private sale are primarily intended for network improvement and development.
How Is the IRISnet Network Secured?
IRISnet uses a delegated proof-of-stake (dPoS) consensus mechanism based on Tendermint. In dPoS, stakeholders delegate to trusted validators who process transactions. The system relies on node reputation, penalizing misbehavior and removing unreliable validators. This ensures that validators perform accurately to maintain network integrity.
Where Can You Buy IRISnet (IRIS)?
IRISnet can be purchased on exchanges like Binance and Hotbit. As of January 2021, Binance had processed approximately $2,226,424 in IRIS trades, while Hotbit had around $148,196. These platforms offer liquidity for acquiring IRIS tokens.
What is IRISnet?
IRISnet is a blockchain-based service protocol and cryptocurrency that launched on March 1, 2019. Its stated goal is to create an open network for small and medium-sized businesses offering a range of services. According to its whitepaper, the project aims to combine public and consortium blockchains to connect businesses and freelance service providers with decentralized networks. The name is derived from Iris, the Greek mythological figure associated with rainbows and messages.
The protocol is designed to integrate both on-chain and off-chain operations. While transactions are recorded on the blockchain, data processing and business logic are handled off-chain. The project also includes IRITA, an enterprise-focused blockchain offering digital asset modeling and privacy-oriented data authorization. A smart wallet for business use is among its other products.
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IRISnet operates on a delegated proof-of-stake (dPoS) consensus built on the Tendermint engine. This system relies on validators selected by stakeholders, with misbehaving nodes being removed. The initial token supply was two billion IRIS tokens, distributed across private sales, team allocations, ecosystem development, a Cosmos Hub airdrop, and the Tendermint developer team. Proceeds from the private sale were intended for network development. As of January 2021, trading activity for IRIS was recorded on exchanges such as Binance and Hotbit.