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Internet of Energy Network can be traded using Coinbase Wallet, your key to the world of crypto.

About Internet of Energy Network

Internet of Energy Network (IOEN) is a community-driven network built on the Holochain network. The Holochain is an open-source framework that aims to perform secure and reliable peer-to-peer transactions. As per the website, the platforms aim at accelerating a clean energy future by interconnecting mini grids. Besides this, the IOEN seeks to create and deliver digital infrastructure through blockchain and accelerate transition for everyone. The IOEN platform can perform transactions within and between the mini grids from appliance and consumption level to storage and generation.

Internet of Energy Network is an open protocol that coordinates with microgrid and ecosystem financing. A microgrid is a group of power sources and power-consuming devices. The platform provides governance, supports, and fosters the community with numerous initiatives. Besides this, the IOEN protocol offers many templates, examples, support, etc., that users can implement in real-life energy solutions. According to the IOEN whitepaper, the platform aims to use a fixed supply model. DeFi liquidity pool, monitoring active address, rewards from staking, stimulating, and redistributing rewards are objectives of the IOEN treasury pool. Liquidity pools are a crowdsourced pool of cryptocurrency locked in the smart contract.

IOEN is the ticker name for the Internet of Energy Network. IOEN follows standards of ERC-20 token which defines how the tokens are transferred between the traders and how traders can access data. Besides this, by locking ERC-20 tokens, traders can access membership that provides energy credit. Moreover, IOEN uses smart contracts for distribution. Smart contracts are like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

IOEN is a decentralized nonrefundable functional utility token. The token can be used as a medium of exchange between the users on the IOEN platform. The token combines macroDAO with miniDAO. DAOs are automated organizations that establish the ‘rule of the game’ tailored by each individual, micro, and mini grid project.

According to the website, IOEN, pronounced as ‘ion,’ seeks to be launched in early October. A team of twelve members contributes toward the launch. Adams Bumpus, Simon Wilson, Alex Evans, and Mike Gamble are cofounders of the IOEN platform.

Market

Market stats

Market cap

$975,983.76

Volume (24h)

$23,650.77

Circulating supply

317.1M IOEN

All time high

$0.29

Market performance

Price change (1h)

+0.21%

Price change (1d)

-0.27%

Price change (1w)

-13.76%

Price change (2w)

-1.25%

Price change (1m)

+8.54%

Price change (1y)

+3.93%

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Internet of Energy Network is on the decline this week.

The price of Internet of Energy Network has increased by 0.21% in the last hour and decreased by 0.27% in the past 24 hours. Internet of Energy Network’s price has also fallen by 13.76% in the past week. The current price is $0.0031 per IOEN with a 24-hour trading volume of $23.65K. Currently, Internet of Energy Network is valued at 98.94% below its all time high of $0.29. This all-time high was the highest price paid for Internet of Energy Network since its launch.

The current circulating supply of Internet of Energy Network is 317,051,435 IOEN which means that Internet of Energy Network has as total market cap of 317,051,435.

FAQ

What is the current price of Internet of Energy Network?

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

What is the market cap of Internet of Energy Network?

The current market cap of Internet of Energy Network is $975.98K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Internet of Energy Network?

The all-time high of Internet of Energy Network is $0.29. This all-time high is highest price paid for Internet of Energy Network since it was launched.

What is the 24 hour trading volume of Internet of Energy Network?

Over the last 24 hours, the trading volume of Internet of Energy Network is $23.65K.

What other assets are similar to Internet of Energy Network?

Assets that have a similar market cap to Internet of Energy Network include ILCOIN, PERI Finance, Position Exchange, and many others. To see a full list, see our comparable market cap assets.

How many Internet of Energy Network are there?

The current circulating supply of Internet of Energy Network is 317 million.

Can I buy Internet of Energy Network on Coinbase?

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