KYVE
KYVE

0.04902
0.77 %
Change 24h
Market Cap
€ 28,102,111
Volume 24h
€ 16,313
Circulating Supply
573,153,600
Total Supply
1,000,000,000
KYVE
# Exchange Pair Price Volume 24h

Description

KYVE, the Web3 data lake solution, is a protocol that enables data providers to standardize, validate, and permanently store blockchain data streams. By leveraging permanent data storage solutions like Arweave, KYVE’s Cosmos SDK chain creates permanent backups and ensures the scalability, immutability, and availability of these resources over time. KYVE’s network is powered by decentralized uploaders and validators funded by $KYVE tokens and aims to operate as a DAO (Decentralized Autonomous Organization) in the near future. This past year KYVE has gained major support, currently backed by top VCs, including Hypersphere Ventures, Coinbase Ventures, Mechanism Capital, CMS Holdings, and blockchains such as Arweave, Avalanche, Solana, Interchain, and NEAR.
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