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Price
$0.20
9/24/2022, 5:00:25 PM
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Market

Market stats

Market cap

$9.1M

Volume (24h)

$3,794.55

Circulating supply

44.4M SCP

All time high

$3.60

Price change (1h)

+1.53%

Price change (24h)

+2.62%

Price change (7d)

-6.12%

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ScPrime is on the decline this week.

The price of ScPrime has fallen by 6.12% in the past 7 days. The price increased by 2.62% in the last 24 hours. In just the past hour, the price grew by 1.53%. The current price is $0.203665 per SCP. ScPrime is 94.34% below the all time high of $3.60.

The current circulating supply is 44,368,077.845 SCP.

About

What Is ScPrime Distributed Cloud Storage (SCP)?

ScPrime is a decentralized cloud storage platform on a network that is distributed across multiple networks. ScPrime aims to solve the problem that a small number of public cloud storage businesses control a significant portion of enterprise data. Besides this, there are other concerns like increased risk of a data breach, monopolistic pricing, and questions of data ownership. Hence, business managers need solutions that can return control to the customer, and a secure cloud provider is also necessary. 

According to its whitepaper, ScPrime provides a decentralized network of independent storage providers. These storage providers are compensated for donating small quantities of disk space. Hence, a globally connected ‘datacenter’ is established. To assure the security and durability of client data in a self-organizing and cost-competitive environment, the system combines end-to-end encryption, data sharding (a method for distributing a single dataset across multiple databases), cryptographic signatures, and a publicly auditable blockchain.

The ScPrime platform offers two cryptocurrencies to users. Firstly, there is the utility token of the platform with the ticker SCP that facilitates all the transactions on the platform. For example, users can get storage services of this platform through SCP tokens. Besides this, SCP is also utilized in an incentive program for storage providers to improve the ScPrime network's performance, capacity, and growth. Lastly, ScPrimefunds, or SPF, is a private equity token that isn't available to the general public.  

 History of ScPrime Distributed Cloud Storage (SCP)

The ScPrime team includes Kenneth Scott Bell as the team leader, as stated on the website. Kenneth has over twentt years of experience in video production and storage subsystem design and sales. Kenneth has also been the Telestream Wirecast Gear's product development leader. He also has extensive experience in channel building.

Pavel Dolgov is the lead developer of ScPrime. Pavel's research interests include data structures and algorithms in informatics and cryptography. He has extensive experience in software design patterns and site reliability engineering.

Jay Rama leads IT and Network Operations at ScPrime. Jay is a systems engineer with fifteen years of expertise in various industries, most notably in the film and television industry and storage pipelines.

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FAQ

What is the current price of ScPrime?

The price of 1 ScPrime currently costs $0.20.

What is the market cap of ScPrime?

The current market cap of ScPrime is $9.06M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of ScPrime?

The all-time high of ScPrime is $3.60. This all-time high is highest price paid for ScPrime since it was launched.

What is the 24 hour trading volume of ScPrime?

Over the last 24 hours, the trading volume of ScPrime is $3.79K.

What other assets are similar to ScPrime?

Assets that have a similar market cap to ScPrime include ELYSIA, SHILL Token, Bitcoin 2, and many others. To see a full list, see our comparable market cap assets.

How many ScPrime are there?

The current circulating supply of ScPrime is 44 million.

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