Mina Foundation Raises $92M to Accelerate Adoption of Zero-Knowledge Proofs
The terms of the $92 million token sale were not disclosed but FTX Ventures and Three Arrows Capital led the effort.
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MINA is a cryptocurrency that powers Mina Protocol, a layer one blockchain that aims to be lightweight, privacy-preserving, and easily verifiable. Developers on Mina can build privacy-preserving smart contracts and decentralized applications based on zero-knowledge proofs. MINA is used to set up new accounts and pay for transactions. MINA holders can also stake directly on the network to validate transactions and process computation.
The price of Mina has risen by 28.73% in the past 7 days. The price increased by 11.00% in the last 24 hours. In just the past hour, the price shrunk by 5.30%. The current price is $0.742 per MINA. Mina is 92.51% below the all time high of $9.91.
The current circulating supply is 560,919,085.84 MINA.
Mina was mentioned in 256 out of 1,768,251 social media posts on Twitter and Reddit on Jun 24, 2022. 484 unique individuals are talking about Mina and it is ranked #387 in most mentions and activity from collected posts.
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