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DeepBrain Chain

DBC

Price
$0.000750
9/25/2022, 1:09:22 AM
diamondHands

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Market

Market stats

Market cap

$2.4M

Volume (24h)

$141,139.85

Circulating supply

3.2B DBC

All time high

$0.66

Price change (1h)

+0.61%

Price change (24h)

-0.72%

Price change (7d)

-6.01%

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DeepBrain Chain is on the decline this week.

The price of DeepBrain Chain has fallen by 6.01% in the past 7 days. The price declined by 0.72% in the last 24 hours. In just the past hour, the price grew by 0.61%. The current price is $0.00075 per DBC. DeepBrain Chain is 99.89% below the all time high of $0.66.

The current circulating supply is 3,200,000,000 DBC.

About

What Is DeepBrain Chain (DBC)?

DeepBrain Chain (DBC) is a unique AI platform that uses blockchain technology. AI or artificial intelligence is a branch of computer science that employs machines to do complex operations that only a human brain can perform. The platform aims to develop scalable, high-performance computing infrastructure based on AI technology. DBC is the token offering by DeepBrain Chain, and it works on blockchain technology and uses Polkadot substrate.

According to the foundation statement mentioned on the website, the platform is open-source and decentralized. The statement also invites individuals with a similar mindset to contribute to its development. Adding on to this, the whitepaper claims that the platform's main aim is to help save 70% of hardware costs of the organizations. The whitepaper also seeks to reiterate that with the use of smart contracts, the cost and the risk for the organizations can reduce considerably.

In addition, the whitepaper seeks to list out a set of goals on which the DeepBrain Chain operates, as given below:

  1. Blockchain technology can decentralize AI neural network operations and distribute them to mass nodes.

  2. Use of smart contracts to separate data providers and data training parties to protect data privacy. Establishing trust issues to ensure sharing data for AI training is done without problems.

  3. Use of DBC tokens in the platform as universal currency to help encourage participation from various players. Moreover, the DeepBrain Chain platform aims to ease the computing power network's usability and commercialization. So far, DeepBrain Chain has delivered AI-based high-performance computing projects to more than 50 manufacturers worldwide. The platform also seeks to serve several more AI developer groups through innovative technology. Furthermore, the platform aims to work on more such projects in the future.

History of DeepBrain Chain (DBC)

DeepBrain Chain came into existence in July 2017 in Singapore and set out initial goals, objectives, and technical architecture. According to the timeline on the website, the DBC network went live in August 2018. The year 2020 saw the launch of the DBChain website and the launch of the mainnet in the following year, 2021. Mainnet is an individual blockchain network and has a set of protocols.

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FAQ

What is the current price of DeepBrain Chain?

The price of 1 DeepBrain Chain currently costs $0.000750.

What is the market cap of DeepBrain Chain?

The current market cap of DeepBrain Chain is $2.40M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of DeepBrain Chain?

The all-time high of DeepBrain Chain is $0.66. This all-time high is highest price paid for DeepBrain Chain since it was launched.

What is the 24 hour trading volume of DeepBrain Chain?

Over the last 24 hours, the trading volume of DeepBrain Chain is $141.14K.

What other assets are similar to DeepBrain Chain?

Assets that have a similar market cap to DeepBrain Chain include ColossusXT, Safe Haven, RChain, and many others. To see a full list, see our comparable market cap assets.

How many DeepBrain Chain are there?

The current circulating supply of DeepBrain Chain is 3.2 billion.

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