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Cirus Foundation news
About Cirus Foundation
What Is Cirus Foundation (CIRUS)?
Cirus is a Web3-powered solution that empowers individuals to take full control of their digital assets. It provides a seamless entry point into the Web3 world, allowing users to securely manage their earnings and cryptocurrencies through a multi-chain wallet. Cirus also enables users increase their Cirus Score, granting access to exclusive ecosystem apps within the Web3 Labs.
Cirus is committed to delivering tangible value to people, especially in a world where financial opportunities are often limited. It goes beyond just monetizing data; Cirus enables users to own their digital footprint and generate income from it. Furthermore, Cirus aligns with the principles of Web3 by advocating for financial inclusion and banking the unbanked.
With Cirus, users can unlock the full potential of Web3 while ensuring that their data and assets remain under their control.
Who is the founder of the Cirus Foundation?
Michael Luckhoo is a seasoned businessman and entrepreneur with a deep immersion in blockchain technology and decentralized digital assets since 2017. During his tenure as Head of Business Development at Torus Solutions, Luckhoo successfully launched and promoted four projects, positioning them as market leaders. Additionally, he served as the VP of DigitalBits, where he led the introduction of their branded stablecoin initiative and facilitated valuable partnerships with new enterprise collaborators.
Don’t forget to check out the CMC glossary - our educational crypto resource.
How Many Cirus Foundation (CIRUS) Coins Are There in Circulation?
Cirus Foundation (CIRUS) is an ERC-20 token that operates on Ethereum / Polygon. The total fixed supply of CIRUS is 250,000,000 coins. The distribution is as follows:
125m to ecosystem development;
61m to advisors, operations and the team;
37m to token sale;
6m to partnerships and grants;
20m to liquidity & reserve.
Functions of the CIRUS token:
Remittance. After the data monetization process takes place, the value flows into the network, and then is transferred to platform users via CIRUS tokens.
Bridge. A commission is charged for converting CIRUS to FIAT off-ramps (or other currencies). Transaction fees go to the Cirus ecosystem development fund.
Rewards. Users are rewarded in the form of CIRUS tokens for maintaining the network through staking, delegation and nodes.
Unlocking Web3 Apps CIRUS tokens are required to unlock apps within the Cirus Web3 Labs!
How Is the Cirus Foundation Network Secured?
In addition, the Cirus Foundation (CIRUS) was audited by one of the leading security consulting companies with an essential focus on blockchain security, namely, Hacken. The audit report is available here.
The live Cirus Foundation price today is $0.033547 USD with a 24-hour trading volume of $503,911 USD. We update our CIRUS to USD price in real-time. Cirus Foundation is down 4.40% in the last 24 hours. The current CoinMarketCap ranking is #1117, with a live market cap of $2,099,709 USD. It has a circulating supply of 62,590,209 CIRUS coins and the max. supply is not available.
If you would like to know where to buy Cirus Foundation at the current rate, the top cryptocurrency exchanges for trading in Cirus Foundation stock are currently BitMart, Gate.io, KuCoin, MEXC, and LATOKEN. You can find others listed on our crypto exchanges page.