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.
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Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
869K MEDIA
Performance
Popularity
#5,400
Dominance
Not enough data
Volume (24H)
$3.97K
28.81%
Volume (7D)
$25.56K
Volume (30D)
$107.78K
All time high
$189.05
Price Change (1Y)
-97.17%
Additional info about Media Network
Recent trends
The latest MEDIA price is $0.59. Compared to Media Network's value of $0.54 from 24 hours ago, there's been a 9% increase, while the current price is 22% up from $0.49 which was recorded one week ago. Media Network's all time high is $189.05, which was reached on May 1, 2021. This is a -100% change from its price today.
Market details
MEDIA vs markets
↘ 98.11%
MEDIA vs BTC
↘ 98.21%
MEDIA vs ETH
↘ 96.7%
Tags
ftx-bankruptcy-estate
Network & Addresses
Network | Address | |
|---|---|---|
Solana | ETAtLmCmsoiEEKfNrHKJ2kYy3MoABhU6NQvpSfij5tDs |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.59 | ↗ 9.44% |
1 Day | $0.54 | ↗ 9.44% |
1 Week | $0.49 | ↗ 22.48% |
1 Month | $3.33 | ↘ 82.12% |
1 Year | $21.04 | ↘ 97.17% |
FAQ
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, making the process more efficient and cost-effective. 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, simplifying 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 simplify the interaction with the Media Network, enabling more users to benefit from the protocol's decentralized marketplace and smart contracts.
We update our Media Network to USD currency in real-time. Get the live price of Media Network on Coinbase.
The current market cap of Media Network is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Media Network is $189.05. This all-time high is highest price paid for Media Network since it was launched.
Over the last 24 hours, the trading volume of Media Network is $3.97K.
Assets that have a similar market cap to Media Network include Bozo Benk, Alvey Chain, PooChain - Powering poo.fun, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Media Network is 0.
Media Network ranks 292 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
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.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3625
Contributors
385
Posts
1,588
% About Media Network
0.004%
Articles
2
Hold times
0 days
X (Twitter)
9.17% bullish
Sentiment
5.0 ★
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.
Highlights
385 unique individuals are talking about Media Network and it is ranked #3,625 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 100 out of 5. Finally, Media Network is becoming less newsworthy, with 2 news articles published about Media Network.
On Twitter, people are mostly neutral about Media Network. There were 16.57% of tweets with bullish sentiment compared to 80.72% of tweets with a bearish sentiment about Media Network. 83.43% of tweets were neutral about Media Network. These sentiments are based on 133 tweets.
On Reddit, Media Network was mentioned in 33 Reddit posts and there were 37 comments about Media Network. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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.