Market Rank | #4917 |
---|---|
Market Cap | $ 0.1M |
Volume 24h | $ 575.4 |
Circ. Supply | 60.9M |
Total Supply | 100.0M |
Max Supply | ? |
Genesis Date | 30/8/2016 |
As of now, the current price of Delphy (DPY) is $ $ 0.00166728. It has increased by +3.29% in the last 24 hours and has a 24-hour trading volume of $575.4.
Certainly, Delphy is a predictive markets platform that functions as a decentralized application (DApp) on the Ethereum blockchain. It is specially designed to run on mobile devices, making it accessible and user-friendly. Essentially, its primary function is to provide a platform where users can trade predictions about future events.
Details about the founders of Delphy aren't given. However, the creation and maintenance of this innovative platform involve a team of professionals working continuously to ensure its smooth operation, as referenced from their official website.
Delphy works by utilizing the power of the Ethereum blockchain to create a decentralized and non-manipulable platform for prediction markets. Users can create their predictions about a future event, and others can trade on the outcome. The platform uses its native token, DPY, to facilitate these transactions. The decentralization aspect makes it a reliable platform because it doesn't depend on one single entity.
The uniqueness of Delphy lies in its use of blockchain technology to create a decentralized predictive markets platform. Unlike traditional prediction platforms, Delphy is hard to manipulate or be shut down because it doesn’t rely on any single entity or authority. Additionally, being a light Ethereum client running on mobile devices, it brings the power of blockchain-based prediction markets to your fingertips, increasing accessibility and usability.
The current circulating supply of Delphy (DPY) is 60.9M. This is a part of the total supply which is tagged at 100.0M.
Delphy's DPY tokens can be purchased on several cryptocurrency exchanges. It's important to mention that the list of these exchanges changes regularly as the market evolves. As of now, the token DPY is available for purchase on Gate.io, OKEx. Make sure to do your research before making a purchase.
As with any cryptocurrency, investing in Delphy carries certain risks. The value of DPY tokens, similar to other cryptocurrencies, can fluctuate significantly in a short span of time. Moreover, while Delphy's underlying technology and concept are sound, its widespread adoption is not guaranteed. Information about the team behind Delphy isn’t very clear, which could pose as a lack of transparency concern to some users. Always ensure to do thorough research and consider these factors before making any investments.
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