Price
$0.000771
11/27/2022, 9:57:24 AM
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Taraxa can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$2.1M

Volume (24h)

$192,667.68

Circulating supply

2.7B TARA

All time high

$0.0800

Price change (1h)

-0.51%

Price change (24h)

+6.47%

Price change (7d)

+20.5%

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Taraxa is on the rise this week.

The price of Taraxa has risen by 20.50% in the past 7 days. The price increased by 6.47% in the last 24 hours. In just the past hour, the price shrunk by 0.51%. The current price is $0.000771 per TARA. Taraxa is 99.04% below the all time high of $0.08.

The current circulating supply is 2,742,477,499 TARA.

About

What Is Taraxa (TARA)?

Taraxa is a public ledger platform developed to audit the logging of informal transactions. Informal transactional data is the data that is not recorded in legal documents or structured systems and is not verifiable. Taraxa is designed to help businesses make better and more responsive decisions. Taraxa gives every entity a verifiable reputation by making informal transactions trustworthy, and eradicating operational friction. Thus, Taraxa helps to make the world more innovative and productive.

Taraxa aims to make 80 percent of wasted transactional data valuable, well structured in legal documents and help everyone to streamline their operations. The vision of Taraxa is to democratize reputation by tracking informal transactions. By making informal data, trustworthy Taraxa empowers minor participants to have a trusted reputation with rich context and removes friction from business collaborations. 

Popular entities have a trustworthy reputation, whereas most people struggle to establish or prove their reputations to others. As organizations or projects scale, they cannot trust the informal data because most stakeholders do not witness it directly, leading to downfall. Taraxa offers purpose-built technology to resolve the problem mentioned above.

As per its whitepaper, the TARA token is the native token of Taraxa. The TARA token is a cryptographically secured utility coin and has three significant uses- voting, gas fees, and stakingGas refers to fees required to conduct a transaction or execute a contract on the Ethereum blockchain. Users can vote for proposals for changes in the network. Token owners can also use coins to fund the cost of transaction tax. Users can also use their TARA coins for staking and helping the Taraxa network to grow. Users can earn TARA tokens as rewards for staking. 

The Taraxa platform aims to distribute the total token supply as follows:

  • 9% of the tokens’ allocation goes to seed sales.

  • 15.1% of the tokens’ allocation is utilized in private sales.

  • 11.8% of the tokens’ allocation goes to public sales.

  • 15% of the tokens’ allocation is distributed in the team of Taraxa.

  • 20% of the tokens’ allocation is kept reserved for the foundation of the company.

  • 28.4% of the tokens’ allocation is used in the community & ecosystem.

  • 0.65% of the tokens’ allocation is for the exchange security deposit. 

History of Taraxa (TARA)

Steven is the CEO, and Justin is the CTO of the Taraxa. Further, the total supply of TARA tokens is ten billion TARA.

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FAQ

What is the current price of Taraxa?

The price of 1 Taraxa currently costs $0.000771.

What is the market cap of Taraxa?

The current market cap of Taraxa is $2.11M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Taraxa?

The all-time high of Taraxa is $0.0800. This all-time high is highest price paid for Taraxa since it was launched.

What is the 24 hour trading volume of Taraxa?

Over the last 24 hours, the trading volume of Taraxa is $192.67K.

What other assets are similar to Taraxa?

Assets that have a similar market cap to Taraxa include Robonomics.network, Pawtocol, GameCredits, and many others. To see a full list, see our comparable market cap assets.

How many Taraxa are there?

The current circulating supply of Taraxa is 2.7 billion.