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Minds

MINDS

Price
$0.0626
11/30/2022, 8:54:55 PM
diamondHands

Trade Minds on DEX

Minds can be traded on a decentralized exchange (DEX) using your Coinbase dapp wallet.

Market

Market stats

Market cap

-

Volume (24h)

$26,189.99

Circulating supply

-

All time high

$4.08

Price change (1h)

-0.06%

Price change (24h)

+6.8%

Price change (7d)

+11.97%

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Minds is on the rise this week.

The price of Minds has risen by 11.97% in the past 7 days. The price increased by 6.80% in the last 24 hours. In just the past hour, the price shrunk by 0.06%. The current price is $0.0626 per MINDS. Minds is 98.47% below the all time high of $4.08.

The current circulating supply is 0 MINDS.

About

What Is Minds (MINDS)?

Minds is a social network where users earn native cryptocurrency of Minds network. According to its whitepaper, Minds’ mission is to bring back internet freedom on social media. The Minds platform intends to provide a network that has organic reach, privacy, and monetization opportunities. The platform further claims to be the leading open-source social network globally, having around four million users.

As time passed, it became clear that social media was an inevitable part of everyday life. It was also obvious that the time had come to adopt the network on the blockchain technology for WEB 3.0. The mainstream platform got overburdened with centralization and secrecy. Thus, it was time for a transparent and decentralized network. Therefore, the Minds platform came into the picture.

MINDS is the native token of the Minds platform. The MINDS token is based on the ERC20 token standard and is a utility token that works on the Ethereum blockchain. According to its website, MINDS coin is the fuel of the Minds network. The whitepaper intends that the MINDS token is an essential mechanism to incentivize the community to participate on the platform actively. The platform ensures that such contributions are adequately quantified, and the users who contribute are rewarded. Moreover, a tokenized reward system allows users to earn access to paid services on the Minds network. Such paid services include advertising and premium membership.

Further, the token is used to purchase advertising impressions through boost. The whitepaper claims that the token provides guaranteed views of the user’s content. This is an effective way to grow the audience and gain exposure. The holders of MINDS tokens can also provide liquidity to the token via liquidity pool and earn the reward on Uniswap. The Minds Pay is another feature of the platform where users can send MINDS directly to each other. Such transfer can be done as a tip or even as a payment for a premium membership. The platform is also preparing for the decentralized autonomous organization (DAO), which intends to open the governance system of the platform in the near future.

History of Minds (MINDS)

The Minds app was launched in 2015. The whitepaper was released on March 9, 2021. The core team includes Bill Ottman (CEO), Mark Harding (CTO), Jack Ottman (COO), and Peter Schwartz (CFO). The coin's initial supply was 1,000,000,000 MINDS, which was reduced to 250,000,000 MINDS on March 8, 2021.

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FAQ

What is the current price of Minds?

The price of 1 Minds currently costs $0.0626.

What is the market cap of Minds?

The current market cap of Minds is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Minds?

The all-time high of Minds is $4.08. This all-time high is highest price paid for Minds since it was launched.

What is the 24 hour trading volume of Minds?

Over the last 24 hours, the trading volume of Minds is $26.19K.

What other assets are similar to Minds?

Assets that have a similar market cap to Minds include Halloween Floki, PLC Ultima, Tokerr, and many others. To see a full list, see our comparable market cap assets.

How many Minds are there?

The current circulating supply of Minds is 0.