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The Coop Network

GMD

Price
$0.0079
12/3/2022, 4:50:46 PM
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Market

Market stats

Market cap

$1.7M

Volume (24h)

$9,725.20

Circulating supply

220.1M GMD

All time high

$0.0600

Price change (1h)

+0.31%

Price change (24h)

-30.41%

Price change (7d)

-39.79%

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The Coop Network is on the decline this week.

The price of The Coop Network has fallen by 39.79% in the past 7 days. The price declined by 30.41% in the last 24 hours. In just the past hour, the price grew by 0.31%. The current price is $0.0079 per GMD. The Coop Network is 86.91% below the all time high of $0.0600.

The current circulating supply is 220,128,710 GMD.

About

What Is The Coop Network (GMD)?

The Coop Network is a global ecological platform that allows decentralized applications (Dapps) to be easily integrated with existing high-tech products to improve the field's economy, stimulate growth, and attract new users to the blockchain space. The Coop Network blockchain aims to achieve the ideal balance between distributed and centralized technologies to make real-world products possible.

The platform seeks to use off-chain methods to grow production while keeping the benefits of data transparency and security in distributed ledger technology. Smart contract technology can also replace third-party organizations or roles to boost automation, trust, and efficiency. According to its whitepaper, the platform has launched the GEOMA DAO COOP business model that relies on blockchain technology to improve a COOP's performance significantly. Earth represents the "Geo," Management is represented by "Ma," and Decentralised Autonomous Organization is represented by "Dao." There are two token models in the GEOMA DAO COOP, i.e., COOP-S and GMD.

COOP-S is a security token. These non-fungible tokens (NFT) are dividend bearers and represent social components in the COOP. COOP-S is the source of social capital. This currency can only be spent if a proposal has been approved. These tokens can only be traded within the platform once KYC/AML has been completed. They are also available as a paper certificate of insurance.

GMD is the utility token of the platform. The token is used for Gas, DeFi, Governance, and Blockchain security. GMD is designed to integrate with all of the platform's functions.

  • The GMD token is used for voting power for governance purposes.

  • Users who hold a social part in the network can use this token to receive dividends.

  • The token can be used for staking purposes.

  • GMD can become a bridge between different blockchains for interactions and more.

History of the Coop Network (GMD)

The COOP Network was launched in September 2020 by five founding members. More than twenty new members have joined the platform since then.

The token supply of the COOP-S token is one million COOP-S. However, the token supply of the GMD token is one billion GMD.

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FAQ

What is the current price of The Coop Network?

The price of 1 The Coop Network currently costs $0.0079.

What is the market cap of The Coop Network?

The current market cap of The Coop Network is $1.73M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of The Coop Network?

The all-time high of The Coop Network is $0.0600. This all-time high is highest price paid for The Coop Network since it was launched.

What is the 24 hour trading volume of The Coop Network?

Over the last 24 hours, the trading volume of The Coop Network is $9.73K.

What other assets are similar to The Coop Network?

Assets that have a similar market cap to The Coop Network include ROCO FINANCE, Horizon Protocol, Ispolink, and many others. To see a full list, see our comparable market cap assets.

How many The Coop Network are there?

The current circulating supply of The Coop Network is 220 million.