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Media Network

MEDIA

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

About Media Network

MEDIA is a Solana token for the Media Network, a new protocol that foregoes traditional centralized CDN approaches and opts for a self-governed, open-source solution. Users can monetize spare bandwidth resources and earn MEDIA in exchange for their contributions.

Media Network is a new protocol that aims to decentralize the traditional approach of Content Delivery Network (CDN) providers. It strives to create a self-governed and open-source solution where everyone can participate. The protocol seeks to establish a distributed bandwidth market, enabling service providers such as media platforms to hire resources from the network and dynamically adjust as the demand for last-mile data delivery fluctuates. Media Network aims to allow anyone to serve content organically without any trust assumptions or pre-authentication requirements. Participants in the network may receive MEDIA tokens as compensation for their bandwidth contributions. These tokens are a fixed supply SPL token minted on Solana’s Blockchain.

Media Network operates as a decentralized hub for web services, connecting providers and clients through smart contracts. It allows service providers to hire resources from the network and dynamically adjust as the demand for data delivery shifts. The network participants, whether they are clients consuming web services or providers supplying web services, interact using the MEDIA token. This token serves as the medium of exchange between clients and providers, powering the network's economy. Providers need to hold MEDIA LP tokens to provide services. An innovative burn mechanism is activated with each deal, infusing dynamism into the system.

Media Network has a wide range of potential use cases. It may be used by media platforms and other service providers to hire resources from the network for data delivery. This eliminates the need for third-party facilitators.The network also aims to allow anyone to serve content organically, which can be particularly useful for content creators and distributors. Additionally, the MEDIA token may be used in exchange for web services, creating a self-sustaining economy within the network. The Media Network App serves as an intuitive front-end interface for accessing the features of the Media Network protocol, enhancing the browsing and usage of web services.

Media Network was launched with the aim of decentralizing the traditional approach of CDN providers. It was designed as a self-governed and open-source solution where everyone can participate. The protocol was built on Solana’s Blockchain, and the MEDIA token was introduced as a fixed supply SPL token to reward participants for their bandwidth contributions. The network has undergone changes and updates, with various developments being introduced to enhance its functionality and usability. For instance, the Media Network App was developed to improve the interaction with the Media Network, enabling more users to benefit from the protocol's decentralized marketplace and smart contracts.

Market

United Kingdom Market Stats

Market cap

-

Volume (24h)

£121,532.17

Circulating supply

-

Typical hold time

2 days

Popularity

#3472

All time high

£151.35

Price change (1h)

-0.89%

Price change (24h)

-0.98%

Price change (7d)

+8.93%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about Media Network on social media

4 unique individuals are talking about Media Network and it is ranked #1,247 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Media Network has an average sentiment score of 3.2 out of 5. Finally, Media Network is becoming more newsworthy, with 0 news articles published about Media Network. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Media Network. There were 46.67% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Media Network. 53.33% of tweets were neutral about Media Network. These sentiments are based on 30 tweets.

On Reddit, Media Network was mentioned in 0 Reddit posts and there were 0 comments about Media Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

4 people

Volume rank

#1,247

Average Sentiment

3.2 out of 5

Twitter

Media Network is on the rise this week.

The price of Media Network has decreased by 0.89% in the last hour and decreased by 0.98% in the past 24 hours. Media Network’s price has also risen by 8.93% in the past week. The current price is £17.81 per MEDIA with a 24-hour trading volume of £121.53K. Currently, Media Network is valued at 88.23% below its all time high of £151.35. This all-time high was the highest price paid for Media Network since its launch.

The current circulating supply of Media Network is 0 MEDIA which means that Media Network has as total market cap of 0.

FAQ

What is the current price of Media Network?

We update our Media Network to GBP currency in real-time. Get the live price of Media Network on Coinbase.

What is the market cap of Media Network?

The current market cap of Media Network is £0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Media Network?

The all-time high of Media Network is £151.35. This all-time high is highest price paid for Media Network since it was launched.

What is the 24 hour trading volume of Media Network?

Over the last 24 hours, the trading volume of Media Network is £121.53K.

What other assets are similar to Media Network?

Assets that have a similar market cap to Media Network include Omni, CryptMi, Wrapped Pepe, and many others. To see a full list, see our comparable market cap assets.

How many Media Network are there?

The current circulating supply of Media Network is 0.

What is the typical holding time of Media Network?

The median time that Coinbase customers hold Media Network before selling it or sending it to another account or address is 2 days.

What is the relative popularity of Media Network?

Media Network ranks 241 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Media Network?

Currently, 80% of Coinbase users are buying Media Network. In other words, 80% of Coinbase customers have increased their net position in Media Network over the past 24 hours through trading.

Can I buy Media Network on Coinbase?

Yes, Media Network is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Media Network guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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.

This Financial Promotion has been approved by Archax LTD on February 7, 2024