Unisocks SOCKS
Rank #1330
16:01:00 27/05/2024
Unisocks (SOCKS) Price
$22,244.10 0%
0.3245 BTC
511,614,284 VND
Low: $22,244.10
High: $22,244.10
Market Cap | $6,717,718 | Volume 24h | - | Circulating Supply | 302 SOCKS |
Price Change 1 hour | 0% | Price Change 24 hours | 0% | Price Change 7 days | 1% |
Sàn Binance: Tặng 100 USDT (20+30+50) cho người đăng ký mới.
Convert SOCKS to USD
Thông tin Unisocks (SOCKS)
Trạng thái | Untracked |
Website | |
Block Explorer | https://etherscan.io/token/0x23b608675a2b2fb1890d3abbd85c5775c51691d5 |
Chat | |
X (Twitter) | |
Nền tảng | |
Ngày thêm vào danh sách | 07:00:00 18/09/2020 |
Thẻ | Collectibles & NFTs, DeFi, eGirl Capital Portfolio |
Số liệu thống kê Unisocks (SOCKS)
Giá Unisocks (SOCKS) hôm nay | |
---|---|
Giá Unisocks (SOCKS) | $22,244.10 |
Dao động 1 giờ | 0% |
Dao động 24 giờ | 0% |
Dao động 7 ngày | 1% |
Giá Thấp / Cao nhất (24h) | / |
Khối lượng giao dịch 24 giờ | - |
Vốn hóa | $6,717,718 |
Thị phần | 0.000203% |
Xếp hạng | #1330 |
Giá Unisocks (SOCKS) hôm qua | |
Giá Thấp / Cao nhất hôm qua | $22,244.10 / $22,244.10 |
Giá Mở / Đóng hôm qua | $22,244.10 / $22,244.10 |
Dao động giá hôm qua | -% |
Khối lượng giao dịch hôm qua | |
Nguồn cung Unisocks (SOCKS) | |
Tổng SOCKS đang lưu hành | 302.00 SOCKS |
Tổng cung | 302.00 SOCKS |
Tổng cung tối đa | 315.00 SOCKS |
Lịch sử giá Unisocks (SOCKS) | |
Giá Thấp / Cao 7 ngày | / |
Giá Thấp / Cao 30 ngày | / |
Giá Thấp / Cao 90 ngày | / |
Giá Thấp / Cao 52 tuần | / |
Giá cao nhất lịch sử | |
Giá thấp nhất lịch sử |
What Is Unisocks (SOCKS)?
Unisocks is an “experimental” non-fungible token (NFT) listed on the Uniswap exchange, which represents a real pair of limited edition and dynamically priced socks that users can purchase from anywhere in the world. Holders of $SOCKS can sell them through the Unisocks platform anytime they want. Furthermore, it can also be used to redeem the pair of socks that the token represents.Uniswap warns that Unisocks is one of the experimental projects on the protocol, which means that it’s very risky to invest in. Anyone with an ERC-20 compliant token can purchase SOCKS. Every time a SOCKS is purchased, its value increases, which is what is referred to as the “bonding curve” model.
Who Are the Founders of Unisocks?
The Unisocks project was launched by the Uniswap team, and first brought to the limelight during the Fluidity Summit in New York City on May 9, 2019. In keeping with the zany and envelope-pushing nature of DeFi in 2020, the Unisocks project may seem completely absurd at first glance and a game between DeFi degens. However the end goal of shifting the borders of DeFi applications is very serious indeed, much like the MEME token that transformed the world of art and NFTs last year did.Some of its known developers are Noah Zinsmeister, Uniswap’s engineering lead, and Callil Capuozzo, Uniswap’s designlLead. Leander Capuozzo, Callil’s brother who worked with Uniswap on the design of Unishirt for their V0 birthday, also helped out on the sock design.
Dean Eigenmann, a security researcher and co-founder of the blockchain governance startup Harbour and decentralized exchange platform Dexy, performed a quick review of the Unisocks platform before it was launched.
What Makes Unisocks Unique?
Unisocks is an experimental NFT project. Unlike other NFTs in the decentralized finance (DeFi) space, $SOCKS follows a “bonding curve” model governing its price, which enables the early adopters to earn more in profit than the late majorities. This is because when there are more tokens bought and brought to the supply, its value increases accordingly.Here’s how it works: the bonding curve model is facilitated by a smart contract, which is designed to function as an automated market maker with very specific purposes related to the tokens in circulation.
First, the model allows for the initial minting and purchase of the token based on a price determined within the smart contract. Then, the supply of the token will dictate how the token will be valued later on. If the token supply increases, the price increases consequently.
All the assets used to purchase NFTs, which is $SOCKS, in this case, are kept in a different smart contract labeled as the “reserve pool.”
Finally, in $SOCKS, the corresponding NFT gets burned, which simply means that it is removed from circulation, as soon as it is redeemed for a real pair of socks.
Related Pages
Learn more about Decentraland.Learn more about Rarible.
Read more about NFTs.
Check out the CMC blog.
How Many Unisocks (SOCKS) Coins Are There in Circulation?
There were about 500 SOCKS tokens created and locked into Uniswap’s liquidity pool with 35 ETH, which created this initial upwards price curve for SOCKS.>>>>> gd2md-html alert: inline image link here (to images/image1.png). Store image on your image server and adjust path/filename/extension if necessary.
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Every SOCKS that are sold increases the cost of the next one, but conversely, they can be sold back into the pool anytime, where they will be burned for 1 real pair of unisocks and shipped to any destination in the world.
After at least 100 days, all remaining liquidity will be removed and the SOCKS tokens that are left will be burned.
SOCKS reached an all time high (ATH) price of over $12,000 on Jan. 19, 2021. Furthermore, it is designed to increase in value every time a token is purchased. At present, only 326 SOCKS are in circulation.