DIA price is $0.96261200
| Market Rank | #569 |
|---|---|
| Market Cap | $ 115.2M |
| Volume 24h | $ 41.5M |
| Circ. Supply | 119.7M |
| Total Supply | 168.8M |
| Max Supply | 200.0M |
DIA's price has increased in the last 24 hours, representing a change of +10.88%. It's important to monitor the price frequently as the cryptocurrency market can be volatile.
DIA, short for Decentralised Information Asset, is a cryptocurrency that aims to provide a reliable and verifiable source of financial market data. They describe themselves as an open-source, financial information platform that leverages crypto-economic incentives to source and validate data.
The origins of DIA are rooted in the increasing demand for transparent and decentralized financial data. The founders of DIA are a group of individuals who identified the need for an open-source, crowd-verified data platform. However, specific founder names are not commonly referenced in prominent media or on their official communications.
DIA works by aggregating data from a variety of sources, which is then standardized, and the records are hashed to the Ethereum blockchain. This ensures the integrity and auditability of the data. They use crypto-economic incentives to ensure the data on their platform remains accurate and reliable, rewarding individuals who contribute and validate information.
DIA's unique proposition is that it provides transparency and trust in the data they provide. Since the platform is open-source, the community can contribute to the data collection and validation process. This participatory approach to information is a significant diversion from traditional data providers who often keep their data sourcing mechanisms opaque.
The governance of the DIA ecosystem is decentralized and democratized, often leveraging community input to make key decisions about the network's future. The use of governance tokens allows token holders to potentially influence how the platform evolves over time.
The DIA token is primarily used within the DIA platform for governance and for rewarding users who contribute to the data validation process. It acts as a means of incentivizing the creation and curation of accurate financial data.
As DIA hosts its data on the Ethereum blockchain, it benefits from the security protocols of the Ethereum network itself. The integrity of data and transactions within DIA is safeguarded by Ethereum’s robust cryptographic functions.
The circulating supply of DIA is currently 119.7M tokens, while the total supply that can ever exist is 168.8M tokens. It's important to consider these figures, as they can affect the scarcity and potential value of the token.
The main use cases for DIA include providing a source for decentralized financial market data and price oracles for other cryptocurrencies and financial instruments. This data can be used by both individuals and entities that require transparent and tamper-proof information for decision-making.
DIA can be obtained by purchasing it on Huobi, Coinone, BitMax, Mercado Bitcoin, Binance US where it's currently listed. Make sure to choose a reputable exchange and consider storing your tokens securely in a wallet.
Keeping your DIA safe typically involves storing it in a secure cryptocurrency wallet. You should opt for hardware wallets or reputable software wallets that provide strong security features. Always practice good security hygiene such as keeping your private keys private and enabling two-factor authentication.
You can buy DIA on the various exchanges mentioned as Huobi, Coinone, BitMax, Mercado Bitcoin, Binance US. Be sure to do your own research to find one that fits your needs in terms of fees, security, and user interface.
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