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0.00421440USDT
-1.24%
$0.00421440฿0.00000006Volume(24H)$14,901.26
Today
Low:0.00423051
High:0.00433240
Yesterday
Low:0.00415920
High:0.00427300

Market information

Market Cap $18,646,511.85
Global Volume(24H)$4,080,411.52
All-Time Low$0.00087829
All-Time High$2.2485
Initial Price
ROI
--
Circulating Supply 4,436,209,630 AKRO
Circulation Percentage 88.7242%
Max Supply --
Total Supply 5,000,000,000 AKRO

Price history

Information

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AKRO

Project Introduction

AKRO is a digital currency that stands for Akropolis. Akropolis created a network of financial protocols composed of all financial organizations to provide basic financial services independent of governments, banks, or other traditional financial institutions, and to protect against global contagion risks in the event of a financial crisis.

Project Vision

Construct a district - centered financial network protocol.

Market Demand

Autonomous financial organizations have existed for centuries. Whether it's rotating savings, credit associations (ROSCAs), or cooperatives, they're common around the world. But because of their informal nature, these organizations often suffer from fraud, mismanagement of funds and corruption.

Solution

Akropolis existence will start the autonomy of the complexity of the financial organization (AFO), will provide users around the world with simple and fast financial services, allows the trust value between groups of minimizing exchange (digital cooperatives, guild, help each other), in response to social trust is extensible, as an informal financial organizations, the security, Reliability and transparency will be better than traditional lending markets.

Project Implementation Mechanism

Akropolis is a company that operates a decentralized financial protocol based on Ethereum, which aims to provide an autonomous financial ecosystem for providing savings and growing wealth through borrowing. To that end, it offers a range of products, including AkropolisOS (a framework for developing for-profit decentralized autonomous organizations), Sparta (a platform for unsecured loans), and Delphi (an aggregator and dollar cost averaging tool for revenue costs). The project uses the ERC-20 token AKRO for protocol management of its entire product suite. Akropoli was first announced in March 2018 and launched on the Ethereum main network in June 2020. AKRO was founded with the goal of creating a distributed savings and pension fund, but it has grown much larger than that. It started with the AkropolisOS framework, which allows creators to create financial protocols, DApps, and DAOs. The complete toolkit allows the creation of smart contract-driven decentralized financial products. Using AkropolisOS, developers can create platforms that allow users to invest, lend, save and earn money from the cryptocurrencies they pledge. It even provides a way to create undercollateralized loans, which is what makes DeFi unique. It works by creating and controlling pools of capital that are still governed by DAO. Pools of capital can be deployed to deliver any financial results. This includes loan pools, savings pools, insurance pools, pension funds, group investment pools and any other financial pool you can imagine. Members of the ASSET pool DAO will be compensated to provide liquidity to the asset pool, provide collateral, and vote. The project's primary goal is to replace many traditional banking and insurance products with decentralized versions that use a "reciprocal or co-operative" model. This, the founders believe, will create a fairer banking system and also weed out predatory middlemen with no real purpose in the system.

Token Usage Scenarios

The internal Akropolis token can be classified as a network token, which combines usage and governance functions. The token economy model of Akropolis aims to ensure the sustainable operation of the Akropolis chain, make network governance possible, and motivate users to contribute to the network. The main function of the token is to increase the stickiness of the participant in the same way that it is used as a validation node. Any AKRO holder can delegate tokens to selected validation nodes to contribute to network operations and receive rewards. Other functions of AKRO tokens include payment of network fees, participation in the governance process and use of internal financial systems. The core value of AKRO tokens is like mortise and tenon structures: participating in the consensus-forming process as verification nodes (or entrusting tokens to them) and being an honest verification node can also earn rewards for their work.

Characteristic

(1) Simply create non-autonomous financial organizations (AFO); (2) reduce geographical restrictions on financial services; (3) allow transactions with minimum trust requirements between different groups; (4) Improve the security, reliability and transparency of informal financial organizations

Technical Characteristics

1. Akropolis has a more convenient interface, enabling users to participate in the process of decentralized financial operation and decision-making. AkropolisOS is a lightweight modular framework for creating 'profitable' DAOs. AkropolisOS also comes with customizable user incentives, bonding curve enabled automated liquidity allocation, and programmable liquidity and capital pool management.

Release Mechanism

Akropolis total of 4 billion tokens Distribution: Prime Transfer: 8% Team & Advisor: 9.5% Private Placement: 22.5% Markets & Communities: 14% Foundation: 46%

Project Highlights

1. Akropolis is the first Defi project on the Boca Chain. 2. The project is innovative and the market prospect is great. Digital pension industry is a sunrise industry. Through the establishment of a worldwide financial network, financial services can be reduced in geographical restrictions, open up world trade. 4. Huobi'S IEO, secondary market performance is good. 5. Good community construction

Points

DAO governance in decentralized finance seems to be an excellent model for solving many of the problems inherent in centralized banking systems that everyone has to use today. The pool of capital controlled by the DAO, created by Akropolis, does seem to create a more equitable system by eliminating greedy middlemen and returning power to the people. With many Akropolis projects becoming open source and entirely community-managed, it will be interesting to see where they go from here. Sparta should have no problem being the only platform that allows a shortage of mortgages. And the possibilities inherent in AkropolisOS are far greater than simple community banking and savings. I believe there are many other use cases that AkropolisOS can lead to. Akropolis is still in its early stages of development, and it is impossible to say what it will look like in five, 10 or 20 years. With the development of the community and the early implementation of the new dApp, the project seems to be coming back to life, which is certainly essential for the DAO project to flourish.

Market Commentary

Mulia: "ARKO has fundamentally applied Defi's solutions to the informal economy, designing a suite of solutions that provide a trusted, transparent and fair platform for traditional autonomous finance. With a strong team and a strong partner organization, ARKO will be a dark horse in the second half of the year."

KOL

MakerDAO has pledged 44.6 billion yuan in digital assets, up from 1.9 billion a few months ago. From the loan application of MakerDAO, we can see the great prospect of Defi ecosystem. With the emergence of more and more Defi tokens, the track will be full of contention. As the first Defi project in Boca, will Akropolis become the next MakerDAO on this track? Founder Ana is an Oxford-educated web3 Foundation consultant, and Akropolis is part of boca's parallel chain, which will be boca's first Defi project. We can see that chainX and Edgeware, the two brothers' projects as boca Royal Gift slots, have locked up more than 2000 BTC and 900,000 ETH at the highest, which have been wildly sought after by the entire coin circle since their birth. Given the Akropolis founder's relationship with Web3, it's not hard to imagine that Akropolis could be a parallel chain where Boca gets free slots."

Project Risk

The vision of the project is unrealistic. After all, the financial crisis is a global economic problem, and the project does not have such great strength to resist the global financial economy. The progress in the market is also slow, and although the project team is strong, the development of financial projects in the market is also subject to certain risks, as well as policy risks.

Values

Akropolis is a distributed financial network protocol that provides basic financial services such as savings, investment, and insurance to the world without relying on governments, banks, or other traditional financial institutions, and reduces global risk in the event of a financial crisis. Akropolis can be deployed on any blockchain system with Turing-complete virtual machines, and is developing and researching blockchain interoperability. Akropolis Parachain is also being built on PolkadoT network after its current deployment on Ethereum network. Akropolis became the first Defi project deployed on Polkadot. The team at Akropolis decided in 2017 to explore blockchain application scenarios in finance and society. The agreement focuses on providing informal savings users with the necessary blockchain technology to seek to be fairer and more scalable. The goal of Akropolis is to establish a protocol that allows the establishment of a distributed financial network of member-owned financial organizations, aiming to provide the triple benefit of basic financial services (savings, investment, social insurance) through the distributed network. The network does not rely on the networks of governments, banks or other traditional financial institutions. Akropolis aims to establish a chain of non-sovereignty and specific domains to strengthen partnerships among multiple players in different chains.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1Binance1BinanceAKRO/USDT
0.00420200
-1.48%$519,543.996.5636%2024-10-18 10:26:56
2Bitget2BitgetAKRO/USDT
0.00419870
-1.6%$83,2191.0513%2024-10-18 10:25:43
3MEXC3MEXCAKRO/USDT
0.00420300
-0.99%$55,580.170.7022%2024-10-18 10:26:53
4Gate.io4Gate.ioAKRO/USDT
0.00420900
-1.82%$36,740.540.4642%2024-10-18 10:26:26
5BingX5BingXAKRO/USDT
0.00420000
-1.66%$34,153.280.4315%2024-10-18 10:24:17
6KuCoin6KuCoinAKRO/USDT
0.00421440
-1.24%$14,901.260.1883%2024-10-18 10:21:07
7Gate.io7Gate.ioAKRO/TRY
0.14390000
-1.44%$463.40.0059%2024-10-18 10:27:21
8Gate.io8Gate.ioAKRO/ETH
0.00000160
-2.44%$345.170.0044%2024-10-18 10:24:05
9KuCoin9KuCoinAKRO/BTC
0.00000006
-2.38%$326.630.0041%2024-10-18 10:27:02
10HTX10HTXAKRO/USDT
0.00420300
-1.89%$20,173.370.2549%2024-10-18 10:26:39
11WhiteBIT11WhiteBITAKRO/USDT
0.00420300
-1.64%$2,014,926.2525.4554%2024-10-18 10:20:42
12XT.COM12XT.COMAKRO/USDT
0.00420400
-1.59%$202,000.912.5520%2024-10-18 10:22:47

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
BinanceBinance$519,543.9913.5470%Visit
Gate.ioGate.io$37,549.10.9791%Visit
KuCoinKuCoin$15,227.880.3971%Visit
BitgetBitget$83,2192.1699%Visit
MEXCMEXC$55,580.171.4492%Visit
BingXBingX$34,153.280.8905%Visit
HTXHTX$20,173.370.5260%Visit
WhiteBITWhiteBIT$2,014,926.2552.5388%Visit
XT.COMXT.COM$202,000.915.2671%Visit
BitrueBitrue$37,337.230.9736%Visit
NominexNominex$2,923.160.0762%Visit