- #2656
Spheroid Universe SPH
SPH Price
Market Cap
$2.62 MRank #2656FDV
$2.84 MRank #2454Investors
X Followers
Detailed Performance
SPH shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
SPH to USD Converter
Price History
- All-Time High
- $0.5355405.68x to ATH
- All-Time Low
- $0.0000385934.21x to ATL
- Trade Launch Date
- 4 Aug, 2020
1597 days ago
Exchanges
Exchanges type
About SPH
Spheroid Universe is a platform that utilizes Extended Reality (XR) technology to create a virtual world called the Spheroid Universe. This world is divided into plots called Spaces, which can be filled with various content such as advertising, entertainment, and visual references. The owners of these Spaces have the opportunity to monetize them. Spheroid Universe also offers a cross-platform programming language called Spheroid Script, which allows for the development of XR applications with less code and can run on different platforms like Android and iOS. Additionally, Spheroid Universe is a member of the VRARA, an international organization that promotes collaboration in the VR/AR ecosystem. The platform is also involved in the Spheroid.Earth project, which aims to create a digital 3D map of Earth linked to the Spaces NFT.
What makes Spheroid Universe unique?
Spheroid Universe is unique compared to other cryptocurrencies due to several factors.
Firstly, it is built specifically for the world of Extended Reality (XR), which sets it apart from other cryptocurrencies that may have a broader focus. Spheroid Universe's native token, SPH, is the exclusive payment method within the growing ecosystem of XR Apps developed with Spheroid technology. This specialization within the XR industry gives it a unique position and utility.
Secondly, Spheroid Universe offers Spaces NFTs (ERC-721), which are parcels of Earth's Extended Reality. These Spaces can be filled with various content, including advertising, entertainment, and visual references. The Space owners have the opportunity to monetize their Spaces, providing a unique avenue for income generation within the XR space.
Additionally, Spheroid Universe is backed by Spaces, with 150 billion Spaces serving as collateral against SPH. This provides stability and value to the token and allows for the exchange of Spaces at any time.
Furthermore, Spheroid Universe is actively involved in industry collaborations and memberships. It is a member of the VR/AR ecosystem and has joined an industry consortium that develops open programming interface (API) standards for dynamic graphics. This involvement showcases Spheroid Universe's commitment to collaboration and innovation within the XR industry.
Lastly, Spheroid Universe has implemented burning rules for SPH. Every SPH received as payment for Spaces on the primary market is burned, reducing circulation and potentially increasing the value for all token holders. This burning mechanism adds a unique aspect to the token's value proposition.
In summary, Spheroid Universe stands out from other cryptocurrencies through its specialization in XR, its offering of Spaces NFTs, its backing by Spaces, its industry collaborations, and its burning rules for SPH.
Live Spheroid Universe Price Data
The current price of Spheroid Universe (SPH) is approximately $0.00132, reflecting a increase of 11.81% in the last 24 hours. The SPH trading volume in the last 24 hours stands at $2,061.03. Spheroid Universe's market cap is currently $2.62 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of SPH is 1.98 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Spheroid Universe's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on SPH, check out our crypto insights page.
Official Links
SPH to USD Converter
Price History
- All-Time High
- $0.5355405.68x to ATH
- All-Time Low
- $0.0000385934.21x to ATL
- Trade Launch Date
- 4 Aug, 2020
1597 days ago