Carry to USD Price Chart

Carry Statistics

Market Rank	#786
Market Cap	$ 49.4M
Volume 24h	$ 237.9
Circ. Supply	10.0B
Total Supply	10.0B
Max Supply	10.0B

How Much Is Carry (CRE) Currently Worth?

Carry (CRE)'s current price is $ 0.00494062, having decreased by -5.07% in the last 24 hours. It holds the #787 position in the cryptocurrency market with a market capitalization of $ 49.4M.

What Is Carry (CRE)?

Carry Protocol is a blockchain initiative that aims to create a platform where consumers are compensated for sharing their purchase data and receiving advertisements. It offers a novel approach to how consumer data is handled in the advertising industry. Through Carry, consumers can control their data and choose to monetize it by sharing their offline purchase information. This helps build a comprehensive offline purchase database. Additionally, Carry rewards users for engaging with targeted ads that advertisers send using the Carry database.

Who Created Carry Protocol?

The founders of Carry Protocol have not been specified in the provided information. Typically, a project like Carry is developed by a team of blockchain enthusiasts, marketers, and developers who see the value in giving power back to the consumer. The exact individuals behind Carry Protocol would be listed on their official website or whitepaper.

How Does Carry Protocol Work?

Carry Protocol operates by enabling consumers to share their offline purchase data on the blockchain. When consumers choose to share this information, they contribute to a wide-ranging offline purchase database that advertisers can use to send targeted ads. Consumers who share their data and those who choose to receive ads are rewarded with Carry tokens (CRE). This system incentivizes data sharing and ad engagement, and also ensures that the consumers who generate valuable data are the ones who are compensated for it rather than large corporations.

What Makes Carry Protocol Unique?

Carry Protocol's uniqueness lies in its consumer-centric approach. While many platforms collect consumer data without transparent compensation, Carry flips the script by empowering consumers to take full control of their own data. The protocol addresses privacy concerns and the desire for transparent data monetization by providing a clear value exchange — data for rewards. Carry also stands out because it focuses on offline purchase data, which is less tapped compared to online data, and can provide valuable insights for businesses.

How Are Consumers Compensated on Carry Protocol?

Consumers are compensated on Carry Protocol with CRE tokens. They earn these tokens by either sharing their offline purchase data to the Carry platform or by engaging with targeted ads sent by advertisers. This dual-compensation mechanism ensures that the consumers are rewarded for both providing valuable market data and their attention to advertisements.

What Is the CRE Token Used For?

The CRE token serves as the primary medium of exchange within the Carry ecosystem. It is used to reward consumers for their data and engagement with ads, to pay for advertisements by businesses, and potentially, for transactions and services within the ecosystem. As part of a broader utility within the platform, CRE tokens are intended to facilitate a fair value exchange between consumers and advertisers.

How Much CRE Is in Circulation?

The circulating supply of Carry tokens (CRE) is 10.0B, with a total supply that might be capped at 10.0B. The actual circulating supply represents the number of tokens currently available for use and trading within the market.

How Is Carry Protocol's Technology Upgraded?

Upgrades to Carry Protocol's technology would typically occur through community governance or decisions made by the Carry development team, depending on the project's governance structure. As with most blockchain projects, improvements and protocol upgrades can be proposed and deployed to address emerging needs, security enhancements, and feature additions. Information about specific upgrade processes for Carry would be available through their official communication channels or documentation.

Can Carry Protocol Be Considered a Privacy-Centric Blockchain Project?

Carry Protocol can be viewed as privacy-centric in its approach to consumer data. The platform claims to put consumers in control of their data, allowing them to share it and benefit from it on their own terms. This is a contrast to the prevailing model where companies harvest user data often without transparent compensation to the user.

Where Can You Buy Carry (CRE)?

Carry tokens (CRE) can be purchased on the LBank, Huobi, Gate.io, Indodax, where they are currently listed. As always, it is important to do thorough research and consider all factors before engaging in any cryptocurrency transactions.

How to Keep Your Carry (CRE) Safe?

Keeping your Carry (CRE) tokens safe involves using reputable wallets that support the CRE token. It is recommended to use hardware wallets for the highest security, especially if you are holding a significant amount of CRE. Always be cautious, use strong, unique passwords, enable two-factor authentication, and never share your private keys with anyone.

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