- #848
Onomy Protocol NOM
NOM Price
Market Cap
$27.00 MRank #848FDV
$42.47 MRank #923Investors
Twitter Followers
Twitter Performance
355Rank by Twitter #4056- 0
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Detailed Performance
NOM shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
NOM to USD Converter
Price History
- All-Time High
- $1.325.06x to ATH
- All-Time Low
- $0.054054.85x to ATL
- Trade Launch Date
- 15 Mar, 2023
407 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $10.00 M
- Tokens Sold
- --
Exchanges
Exchanges type
About NOM
Onomy Protocol is a blockchain platform that aims to create a free and open financial metaverse. It is designed to provide decentralized financial services, including lending, borrowing, staking, and asset management, on a scalable and interoperable infrastructure. Onomy Protocol utilizes the Cosmos SDK and Tendermint consensus algorithm to achieve fast and secure transactions. It also aims to integrate with other blockchain networks, such as IOTA, to expand its ecosystem and provide cross-chain functionality.
What makes Onomy Protocol unique?
Onomy Protocol stands out from other cryptocurrencies in several ways. Firstly, it utilizes a Proof-of-Stake mechanism, where users can stake their NOM tokens to secure the network and earn rewards over time. This approach is more energy-efficient and environmentally friendly compared to the energy-intensive Proof-of-Work mechanism used by some other cryptocurrencies.
Additionally, Onomy Protocol offers governance features, allowing token holders to participate in decision-making processes regarding the protocol's development and future updates. This gives users a say in the direction of the project and enhances decentralization.
Furthermore, Onomy Protocol's Arc Bridge Hub enables native cross-chain trades with integrated blockchains. This means that users can easily and securely trade assets across different blockchains, increasing liquidity and promoting interoperability in the multi-chain economy.
Lastly, Onomy Protocol has partnerships with other projects and ecosystems, such as IOTA's Shimmer, which allows for the integration and expansion of its product suite. This collaboration enhances the utility and potential of Onomy Protocol within various blockchain networks.
Overall, Onomy Protocol's combination of Proof-of-Stake, governance features, cross-chain trading capabilities, and strategic partnerships sets it apart from other cryptocurrencies, offering unique benefits and opportunities for its users.
Live Onomy Protocol Price Data
The current price of Onomy Protocol (NOM) is approximately $0.2624, reflecting a increase of 7.86% in the last 24 hours. The NOM trading volume in the last 24 hours stands at $732,001.71. Onomy Protocol's market cap is currently $27.00 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of NOM is 95.30 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Onomy Protocol's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on NOM, check out our crypto insights page.
NOM to USD Converter
Price History
- All-Time High
- $1.325.06x to ATH
- All-Time Low
- $0.054054.85x to ATL
- Trade Launch Date
- 15 Mar, 2023
407 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $10.00 M
- Tokens Sold
- --