MSN

Meson Network price 
MSN

$0.7259  

17.11% (1d)

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Meson Network statistics
Market cap
 

0.00%

$9,254,766
#2676
Volume (24h)
 

4.71%

$26,754,990
#236
Volume/Market cap (24h)
 
289.09%
Self-reported circulating supply
 
12,750,000 MSN
10.20%
Total supply
 
100,000,000 MSN
Max. supply
 
125,000,000 MSN
Fully diluted market cap
 
$90,733,000
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MSN
USD
Price performance
24h 
Low
$0.687
High
$0.882
All-time high
Apr 29, 2024 (2 months ago)
$5.05
-85.64%
All-time low
Jun 18, 2024 (2 hours ago)
$0.687
+5.66%
See historical data
Popularity
In watchlists4,278x
3593rd / 10.1K
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About Meson Network

Meson Network is committed to creating an efficient bandwidth marketplace on Web3, using a blockchain protocol model to replace the traditional labor-based sales models, consolidating and monetizing idle bandwidth from long-tail users at a low cost. Meson Network is the foundation of data transmission for decentralized storage, computation, and the emerging Web3 Dapp ecosystem.

Meson is trying to create the world’s largest bandwidth marketplace in the future. Here, users can exchange their unused bandwidth resources with Meson for tokens, and those who need bandwidth will come to Meson’s market to borrow bandwidth anywhere in the world. To achieve this goal, we cannot simply use the direct sales model.

Existing cloud vendors rely more on a sales model, a top-down model, for aggregation of resources. For example, if you want to open a new local market, you need to recruit local people, and as the market coverage expands, the number of people recruited rises linearly or even exponentially. This model worked very well for the last 10–20 years because the sales model led to people targeting medium to large accounts, which can provide high output per account. But now, the situation is that a lot of resources are slowly dispersing to the long-tail market where the demand is much more fragmented, leading to much lesser output per account. However, demand from the long-tail market is growing stronger than the large account market. To capture the long tail market demand, there needs to be a new alternative to the direct sales model. The answer is open bandwidth exchange, done through Meson Network.

Meson can integrate resources from the bottom up. Users do not need to care about how to deal with people, they only need to upload or access the resources in the marketplace according to standards and protocols. The advantage of this new model is to remove human interaction in the system as much as possible, and to quickly achieve scale through free market mechanisms. Using the human sales model, if we are very lucky, we might create another Amazon. However, using the protocol model, we don’t need to define the composition of roles at both ends of the market. Maybe a boring user connects his Starlink network to Meson; maybe a large number of developers connect different Telecoms around the world to Meson; maybe in the future, Meson’s market will cover the resources of cloud vendors such as Amazon and Google, but we are just a team of less than 100 people at that point.