Analysis
price change
N/A
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$0.00
total volume
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Insights
# | Wallet Address | Type | Balance | % Total Supply | Net Worth |
---|---|---|---|---|---|
97
21/34
positive markers
4/34
negative markers
Last Checked 20 Sep 2024
GoPlus Security Stats
FAQs
OriginTrail is a decentralized, open ecosystem dedicated to building a sustainable global economy by organizing trusted AI-ready Knowledge Assets. Utilizing its unique Decentralized Knowledge Graph (DKG) and NeuroWeb, OriginTrail enables AI-powered semantic search for enterprises and individuals worldwide. It integrates blockchain and AI technologies to ensure the provenance, integrity, and verifiability of information, thereby addressing challenges such as misinformation and data ownership.
$TRAC (a.k.a. Trace Token) is the utility token of the OriginTrail ecosystem, essential for operating the Decentralized Knowledge Graph (DKG). Launched in 2018 as an ERC-20 token, $TRAC facilitates various operations within the network, such as publishing and updating Knowledge Assets, serving as collateral on DKG nodes, and enabling delegated staking.
The primary purpose of $TRAC is to power the OriginTrail DKG. It is required to perform all operations on the network, including publishing, updating, and verifying Knowledge Assets. $TRAC also incentivizes protocol behavior, ensuring network participants are rewarded for their contributions to the ecosystem.
The main use cases of $TRAC include:
- Publishing and updating Knowledge Assets: Compensates node runners for data replication and verification.
- Collateral on DKG nodes: Increases the node's stake in the network, enhancing their chances of receiving fees.
- Delegating to DKG nodes: Token holders can delegate their $TRAC to nodes, earning part of the rewards.
- Multichain accessibility: Ensures functionalities can be accessed across various blockchain ecosystems.
The value of $TRAC is influenced by several factors, including the demand for its utility within the OriginTrail ecosystem, the overall market conditions for cryptocurrencies, and the adoption rate of the DKG. The limited supply of $TRAC (fixed at 500 million tokens) also plays a crucial role in its market value, along with its integration and usage across multiple blockchains.
The initial distribution of $TRAC allocated tokens to various stakeholders, including the team, investors, and community. Moreover, 20% of $TRAC has been locked for utility purposes. If you wish to explore the live distribution of the TRAC token, use the insights offered by this page.
$TRAC has specific vesting schedules for team members, investors, and other stakeholders. These schedules ensure that tokens are gradually released into circulation, preventing sudden market influxes that could affect the token's price stability. However, for detailed vesting schedules, you’ll need to reach out to OriginTrail’s team.
$TRAC supports unique technological features such as the Decentralized Knowledge Graph (DKG), which combines knowledge graph and blockchain technologies to create AI-ready Knowledge Assets. The DKG ensures data ownership, discoverability, and trust, enhancing AI reliability and fostering a verifiable internet for AI.
$TRAC stands out due to its focus on integrating AI and blockchain technologies to combat misinformation and ensure data verifiability. The Decentralized Knowledge Graph (DKG) and NeuroWeb innovations provide a robust framework for managing and verifying information, distinguishing $TRAC from other tokens that do not offer such advanced knowledge management capabilities.
The core team behind OriginTrail and $TRAC includes developers from Trace Labs, who are dedicated to advancing the trusted knowledge foundation. The project is supported by a wide range of partners and supporters, including British Standards Institution, Polkadot, Walmart, and Oracle, among others. The team collaborates through the non-profit Trace Alliance organization, bringing together over 150 members worldwide.
You can contribute to the OriginTrail DKG by running DKG nodes, publishing assets, staking on DKG keywords, and more. Developers can access the code on GitHub, consult the documentation, and start building on the DKG. Community members can join discussion channels on Telegram and Discord to stay updated and contribute ideas.
The OriginTrail DKG is deployed in various industries, including the pharmaceutical industry, food industry, construction industry, international trade, factory audits, and decentralized data marketplaces. Detailed use cases can be explored under the Solutions section on the website or on the blog.
When it comes to exploring the $TRAC token price and its live on-chain metrics on Ethereum, there’s no better place than this page. But if you are interested in the OriginTrail project’s progress, latest partnerships, new potential token utilities, and other announcements, then you need to check out the project’s official website, social media channels (like X (former Twitter) and Telegram), and other official outlets. You can find links to these sites in the “Token Links” section on this page.