Cryptos:  11,059Exchanges:  390Market Cap:  $1,399,680,602,32324h Vol:  $63,653,349,988Dominance:  BTC: 46.3% ETH: 18.0%ETH Gas:  18 Gwei
Cryptos:  11,059Exchanges:  390Market Cap:  $1,399,680,602,32324h Vol:  $63,653,349,988Dominance:  BTC: 46.3% ETH: 18.0%ETH Gas:  18 Gwei
CONV

ConvergenceCONV

Rank #616
Token
On 9,541 watchlists

Convergence Price (CONV)

$0.02312
10.07%

0.0000006696 BTC10.07%

0.00001071 ETH10.07%

Low:$0.02138
High:$0.0259
24h
CONV  Convergence CONVPrice: $0.02312 10.07%
Market Cap
$20,393,329
8.65%
Fully Diluted Market Cap
$231,209,374
8.00%
Volume
24h
$1,617,101
80.35%
Volume / Market Cap
0.0793
Circulating Supply
882,028,659.65 CONV
Max Supply
--
Total Supply
10,000,000,000
Sponsored

Convergence Chart

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CONV Price Live Data

The live Convergence price today is $0.023121 USD with a 24-hour trading volume of $1,617,101 USD. Convergence is down 10.07% in the last 24 hours. The current CoinMarketCap ranking is #616, with a live market cap of $20,393,329 USD. It has a circulating supply of 882,028,660 CONV coins and the max. supply is not available.

If you would like to know where to buy Convergence, the top exchanges for trading in Convergence are currently OKEx, FTX, ZT, Gate.io, and MEXC. You can find others listed on our crypto exchanges page.

What Is Convergence (CONV)?

Convergence is a new age protocol allowing both retail and enterprise users to swap between real-world assets and blockchain-based DeFi utility tokens seamlessly. Set to officially launch around Mar. 25, Convergence aims to be the go-to decentralized interchangeable assets protocol.

Supported by institutional investors like Divergence Ventures and Kinetic, Convergence has attracted a lot of attention. By building a bridge between real assets and the DeFi world, the protocol addresses a wide range of implementation issues standing before enterprise adoption of blockchain-based tokens. Aiming to be the first decentralized asset swap protocol, Convergence is one of the ICOs coming up in March 2021.

Who Are the Founders of Convergence?

Oscar and Ivan Yeung are the co-founders of Convergence. Oscar Yeung graduated with a degree in finance and international business from NYU Stern and immediately started a career in finance. In 2014, he took a position as a global markets analyst at Deutsche Bank. In 2016, Oscar Yeung founded KidHop, an educational platform banking on technological advancements to bring ease of use to parents looking for various activities for their kids. In 2021, Oscar teamed up with Ivan Yeung to found Convergence.

Ivan Yeung is the other half of the co-founding duo behind Convergence. He graduated with a degree in computer science from Simon Fraser University. In 2016, he became an information technology analyst for IBM and spent two years with the tech giant. In 2018, Ivan Yeung joined Axon Driver Solutions as a product development lead. Later on, in 2019, he joined Liquefy as a senior product manager. Since the beginning of 2021, Ivan Yeung has been actively working on Convergence and the protocol launch.

What Makes Convergence Unique?

Convergence is reportedly the first protocol to successfully create a bridge between real assets and tokenization. Convergence aims to merge the worlds of decentralized finance and traditional asset supply chains by providing organic liquidity to real assets.

By focusing on creating bridges between utility tokens and wrapped security tokens, Convergence aims to completely revolutionize how decentralized finance may function. Such bridges allow for more global adoption of DeFi technology by both private and enterprise users. Not only that, tokenizing real assets allows for greater liquidity, which is currently unavailable for certain asset classes. Convergence aims to bring the global financial system to the 21st century by relying on blockchain technology, tokenization and the versatility of decentralized finance. In essence, the Convergence protocol would allow users to easily swap between different types of assets, for example, a stock and a cryptocurrency.

Read more about Ren.

Find out more about Algorand.

Learn more about DApps.

Have a look at the CoinMarketCap blog.

How Many Convergence (CONV) Coins Are There in Circulation?

Convergence has a total supply of 10,000,000,000 CONV tokens. The upcoming ICO will feature about 60,000,000 CONV tokens, or about 0.6% of the total supply, released for public sale. Convergence (CONV) currently has a circulating token supply of 448,000,000 tokens.

Out of the total token supply, about 40% will go directly into the Convergence ecosystem. Another 10% will be distributed among prominent members of the Convergence community. About 20% of CONV tokens will be dedicated to strategic sales and liquidity guarantees. The founding team and advisors will receive 10% and 5% of the total token supply, respectively. Last but not least, 4% of the total supply has been distributed among investors during the seed sale for Convergence.

How Is the Convergence Network Secured?

As an Ethereum-based protocol, Convergence is secured by the proof-of-stake (PoS) consensus mechanism. While other popular consensus mechanisms like the one utilized by the Bitcoin blockchain, proof-of-work (PoW), the PoS consensus is more scalable and eco-friendly. Unlike PoW, which requires large amounts of computing and electrical power, PoS relies on stakeholders to validate new blocks.

Convergence also introduces EVM-compatibility, which allows it to interact with other chains (i.e., Binance Smart Chain, Moonbeam and more). The protocol also introduces the Convergence Automated Market Maker, which enables trading Wrapped Security Tokens and real asset price discovery at all times.

Where Can You Buy Convergence (CONV)?

Convergence is still not a publicly-traded token, which is why it is not currently available for purchase. However, because this is an Ethereum-based token, aiming to revolutionize the world of asset trading completely, most big exchanges like Binance and KuCoin are expected to start offering CONV tokens.

Find more information here about buying cryptos.

Our most recent articles about Convergence:

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CONV

Convergence

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CONV Price Statistics

Convergence Price Today
Convergence Price$0.02312
Price Change24h$-0.002589
10.07%
24h Low / 24h High
$0.02138 /
$0.0259
Trading Volume24h$1,617,101.22
80.35%
Volume / Market Cap0.0793
Market Dominance0.00%
Market Rank#616
Convergence Market Cap
Market Cap$20,393,329.43
8.65%
Fully Diluted Market Cap$231,209,374.02
8.00%
Convergence Price Yesterday
Yesterday's Low / High
$0.02448 /
$0.02586
Yesterday's Open / Close
$0.02469 /
$0.02576
Yesterday's Change

4.34%

Yesterday's Volume$878,616.46
Convergence Price History
7d Low / 7d High
$0.01852 /
$0.0259
30d Low / 30d High
$0.01852 /
$0.03066
90d Low / 90d High
$0.01852 /
$0.114
52 Week Low / 52 Week High
$0.01852 /
$0.2298
All Time High
Mar 27, 2021 (4 months ago)
$0.2298
89.94%
All Time Low
Jul 20, 2021 (5 days ago)
$0.01852
24.84%
Convergence ROI
No Data
Convergence Supply
Circulating Supply882,028,660 CONV
Total Supply10,000,000,000 CONV
Max SupplyNo Data