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Price change (1h)

+100%

Price change (24h)

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Price change (7d)

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About Intercoin

Intercoin (ITR) is a peer-to-peer payment platform for various communities on the blockchain. Its whitepaper describes Intercoin as the next key step in the evolution of a currency-driven economy. Almost all existing cryptocurrencies are global tokens. The digital currencies created on the public blockchain function using global consensus. Cryptocurrencies have contributed towards the enhancement of internet-based payments on a global scale. However, digital crypto-assets rarely support the development of local commerce. For example, some crypto coins are capped in supply to create scarcity while increasing the value of the tokens. Although cryptocurrency functions as a potential store of value, the crypto coin fails to serve as a medium of exchange. In short, the crypto-assets do not favor local community needs and hardly improve local economies. Intercoin aims to empower communities to launch digital currencies of their own and manage currency-as-a-service (CaaS) among the local population. The platform wishes to strengthen communities, lessen poverty, increase productivity, and stand out as a sustainable economy. 

Intercoin is designed like the internet, bridging local currency or community coin and cryptocurrency. The payment system encourages users to trade tokens on the Intercoin network in exchange for local currency to conduct commerce within a local community. According to its whitepaper, the crypto-space is competitive. The value of a token can decrease depending on the demand for the particular crypto asset. Intercoin seeks to reduce these risks by allowing communities to issue unique local currencies and integrate the crypto assets in the local community apps. The applications include Intercoin as a payment method alongside PayPal, Stripe, and others. The platform envisions increasing the adoption of the community coin in exchange for local services and goods. Intercoin platform aims to support innovations and features applications like local CPI, basic income, and fundraising to benefit the public. 

Intercoin utilizes ITR, an ERC-20 token, primarily functioning on Ethereum. ITR is tradeable on decentralized exchanges (DEXs) across blockchains like Polygon, the Binance Smart Chain (BSC), and more. Intercoin encourages users to stake ITR tokens in communities worldwide to earn rewards. ITR grants token rewards to users contributing to the liquidity of the crypto community coin. ITR functions as a governance token, allowing members to vote and poll in enhancing the community’s monetary policy. 

News about Intercoin

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The Block • Mar 29, 24

Ethereum co-founder Vitalik Buterin would like to see ‘more good memecoins than bad ones’

Ethereum co-founder Vitalik Buterin shared his ideas about memecoins and the potential for "good ones" to have a positive impact.

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The Defiant • Mar 29, 24

Vitalik Urges Ethereum Developers To Target ‘Millions’ Of Users Post-Dencun

Ethereum’s chief scientist said Ethereum is ready to support applications servicing millions of users following Dencun's massive L2 fee reductions.

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BeInCrypto • Mar 29, 24

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The Block • Mar 29, 24

Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month

Flows into spot bitcoin exchange-traded funds remained net positive on Thursday for the fourth consecutive day.

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DL News • Mar 29, 24

How an Indonesian student turned the ‘stupidest idea’ into NFT and memecoin millions

In this week's Asia Dispatch, a memecoin rainmaker and HSBC's gold tokenisation play.

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Intercoin is on the rise this week.

The price of Intercoin has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Intercoin’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Intercoin?

We update our Intercoin to USD currency in real-time. Get the live price of Intercoin on Coinbase.

What other assets are similar to Intercoin?

Assets that have a similar market cap to Intercoin include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Intercoin on Coinbase?

Yes, Intercoin is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Intercoin guide.

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