OCTO

OctorandOCTO

Rank #6100
Token
On 10 watchlists

Octorand Price (OCTO)

$0.6648
7.19%

0.00003516 BTC6.55%

0.0005046 ETH6.57%

Low:$0.6525
High:$0.733
24h
OCTO  Octorand OCTO
Price:
$0.6648
 7.19%
Market Cap
$519,370
0.00%
Fully Diluted Market Cap
$664,750
7.19%
Volume
24h
$629
81.69%
Volume / Market Cap
0.001211
Self Reported Circulating Supply
781,300.00 OCTO
Max Supply
1,000,000
Total Supply
777,796
Sponsored

Octorand to USD Chart

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OCTO to USD Converter

OCTO

Octorand

USD

United States Dollar

OCTO Price Statistics

Octorand Price Today
Octorand Price$0.6648
Price Change24h-$0.0515
7.19%
24h Low / 24h High
$0.6525 /
$0.733
Trading Volume24h$629.01
81.69%
Volume / Market Cap0.001211
Market Dominance0.00%
Market Rank#6100
Octorand Market Cap
Market Cap$519,369.53
Fully Diluted Market Cap$664,750.45
7.19%
Octorand Price Yesterday
Yesterday's Low / High
$0.66 /
$0.733
Yesterday's Open / Close
$0.6987 /
$0.7189
Yesterday's Change

2.89%

Yesterday's Volume$2,969.01
Octorand Price History
7d Low / 7d High
$0.563 /
$0.733
30d Low / 30d High
$0.4876 /
$0.733
90d Low / 90d High
$0.4876 /
$0.733
52 Week Low / 52 Week High
$0.4876 /
$0.733
All Time High
Sep 23, 2022 (a day ago)
$0.733
9.32%
All Time Low
Sep 05, 2022 (20 days ago)
$0.4876
36.34%
Octorand ROI
No Data
Octorand Supply
Circulating Supply781,300 OCTO
Total Supply777,796 OCTO
Max Supply1,000,000 OCTO

OCTO to USD Converter

OCTO

Octorand

USD

United States Dollar

OCTO Price Live Data

The live Octorand price today is $0.664750 USD with a 24-hour trading volume of $629.01 USD. We update our OCTO to USD price in real-time. Octorand is down 7.19% in the last 24 hours. The current CoinMarketCap ranking is #6100, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000 OCTO coins.

If you would like to know where to buy Octorand at the current rate, the top cryptocurrency exchange for trading in Octorand stock is currently Tinyman. You can find others listed on our crypto exchanges page.

What Is Octorand (OCTO)?

Octorand is an ecosystem made up of a collection of configurable NFTs known as Primes (1,000 Gen1 Primes and 8,000 Gen2 Primes) and the deflationary currency OCTO. Each Prime is an Algorand Standard Asset (ASA) that has 8 (Gen1) or 16 (Gen2) letter traits, stored on the Algorand Blockchain. In the initial application, these traits can be transformed to spell words and phrases to earn badges and score points in a gamified competition.

The ecosystem features a growing number of dApps - the initial application “Octoword” will be joined by the second dApp “Octodraw” in Q4 2022 with more dApps to follow.

OCTO is the native utility token that is used to pay for all transactions within the Octorand ecosystem

  • Fees for changing the letter attributes of Primes
  • Fees for changing the artwork of Primes
  • Fees to upvote / downvote Primes
  • Fees to use the on-chain messaging facility which allows wallets in Algorand to message Prime owners
  • Fees to store pixel art frames in the upcoming Octodraw dApp

Being a deflationary token, OCTO is also a store of value.

How Many OCTO Coins Are There in Circulation?

Octorand launched on the 27th of January 2022 with the creation of the 1,000 Gen1 Primes. Each Gen1 Prime contained a store of 1,000 OCTO which were emitted at a constant rate of 0.0001 OCTO per second (8.64 OCTO per 24 hours). This makes a Total Supply of 1,000,000 OCTO. No more OCTO can be created.

All of the stored OCTO were emitted from the Gen1 primes on the 17th May 2022.

All transactions paid in OCTO are burned - the smart contract sends the transaction fee to the creator wallet which has been rekeyed so as to be verifiably inaccessible. As of the 19th of August 2022, 218K OCTO tokens have been burned leaving a remaining circulating supply of 781K tokens.

Who Are the Founders of Octorand?

Octorand is the brainchild of Developer Declan Rocco, assisted by Rob Sanders who is responsible for the Marketing of the Project. Declan is a career software developer and Rob is a semi-retired business executive.

The two “met” after the initial launch of Octorand (Rob was an early investor) and since April Rob has been driving the marketing of the project while Declan focuses on development which is his passion. Rob has an Honours Degree in Computer Science and a Masters Degree in International Management. Rob lives in the UK and Declan resides in Australia - the two have never met in person!

The project was certified as “Verified” by Pera Wallet (the official wallet of the Algorand Foundation) - the highest level of certification from the Algorand Foundation on the 20th of May 2022. Achieving this certification might have happened sooner but the verification process required an OCTO token to be sent from the creator wallet and as the wallet had been rekeyed to be inaccessible (in order to create the burn mechanism) this was impossible!

Octorand was recently awarded “Most exciting dApp” by the Algorand Foundation in their 2022 awards.

Where Can I Buy OCTO?

The OCTO token can be bought on the Tinyman exchange. As of the 19th of August 2022 the Liquidity of the Tinyman pool stands at 235,455 Algo. The market price of OCTO is 2.9357 ALGO giving a project market cap of 2,295,431 Algo (https://tinychart.org/asset/559219992).

The Octorand Prime NFTs can be bought on the Octorand website which features a marketplace as well as the front end tools for transforming Primes - see https://octorand.com/

OCTO to USD Converter

OCTO

Octorand

USD

United States Dollar

OCTO Price Statistics

Octorand Price Today
Octorand Price$0.6648
Price Change24h-$0.0515
7.19%
24h Low / 24h High
$0.6525 /
$0.733
Trading Volume24h$629.01
81.69%
Volume / Market Cap0.001211
Market Dominance0.00%
Market Rank#6100
Octorand Market Cap
Market Cap$519,369.53
Fully Diluted Market Cap$664,750.45
7.19%
Octorand Price Yesterday
Yesterday's Low / High
$0.66 /
$0.733
Yesterday's Open / Close
$0.6987 /
$0.7189
Yesterday's Change

2.89%

Yesterday's Volume$2,969.01
Octorand Price History
7d Low / 7d High
$0.563 /
$0.733
30d Low / 30d High
$0.4876 /
$0.733
90d Low / 90d High
$0.4876 /
$0.733
52 Week Low / 52 Week High
$0.4876 /
$0.733
All Time High
Sep 23, 2022 (a day ago)
$0.733
9.32%
All Time Low
Sep 05, 2022 (20 days ago)
$0.4876
36.34%
Octorand ROI
No Data
Octorand Supply
Circulating Supply781,300 OCTO
Total Supply777,796 OCTO
Max Supply1,000,000 OCTO