KREST

krest Network price
KREST
#4581

$0.1232  

3.19% (1d)

krest Network to USD Chart

Loading Data

Please wait a moment.

Krest Network statistics

Market cap
$6.34M

0.00%

Volume (24h)
$46.39K

11.50%

FDV
$49.30M
Vol/Mkt Cap (24h)
0.7315%
Total supply
400M KREST
Max. supply
400M KREST
Self-reported circulating supply
51.46M KREST
12.864249999999998%
KREST to USD converter
KREST
USD
Price performance
24h 
Low
$0.1102
High
$0.1249
All-time high
Mar 09, 2024 (9 months ago)
$1.52
-91.91%
All-time low
Aug 16, 2023 (1 year ago)
$0.0089
+1284.76%
See historical data


Loading Data

Please wait a moment.

krest Network Markets

All pairs

Loading data...

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure

krest Network News

  • Top
    Top
  • Latest
    Latest
CMC Daily Analysis

krest Network community

skeleton-white
 
 
 
 
 
 

About krest Network

krest is peaq’s canary network.

krest is the home for socio-economic, technical, community, and governance innovation and experimentation in the peaq ecosystem. This is the place where the peaq community can launch dApps and tools to assess their impact in a production environment without running the risk of causing real-world harm.

Simulation, the use of computers to digitally model a specific process or event without having to conduct it in the real world, has become a crucial part of many of today’s industries. In manufacturing, it enables companies to experiment with production line setups and other variables without having to invest money and time in costly real-world modifications; startups similarly rely on simulations to tailor their products to the market faster. While simulations usually run on a purely digital basis, krest brings this up a notch, giving projects building on peaq an environment for live tests leveraging real Internet of Things (IoT) hardware and connections.

By connecting their devices, such as Raspberry Pi mini-computers, to krest, the peaq community will create a pool of live devices capable of simulating the operations of various machines, such as drones, electric vehicles, and more. Users will receive rewards in the network’s native token for performing certain actions on the network.

Entrepreneurs and developers building machine-focused projects on krest will be able to leverage this pool to test their dApps with real-world IoT connectivity. This way, they can assess their dApps’ performance and wider societal impact, and uncover bugs and risks in cooperation with the wider community before releasing them for use with real-world machines on the peaq network. They can also develop and foster the adoption of their own simulation packages, tailored to their specific needs, besides using the existing ones.

The network will be powered by krest, its native digital token, which will be openly accessible on public exchanges. The token will fuel the network by being used for transaction fees, economic incentive mechanisms and working as a reward tool for community initiatives such as users connecting their devices and opening them for developers to leverage for simulating machines.

What is krest Network?

How is krest Network secured?

How will krest Network be used?

What key events have there been for krest Network?

 
 
 
 
 
 

Similar Coins to krest Network