ALL

Sallar price
ALL
#1656

$0.001637  

5.95% (1d)

Sallar to USD Chart

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Sallar statistics

Market cap
$2.94M

5.95%

Volume (24h)
$349.86K

15.63%

FDV
$4.25M
Vol/Mkt Cap (24h)
11.87%
Total supply
ALL 2.6B
Max. supply
--
Circulating supply
ALL 1.8B
ALL to USD converter
ALL
USD
Price performance
24h 
Low
$0.00157
High
$0.001763
All-time high
Nov 20, 2024 (19 days ago)
$0.002426
-32.52%
All-time low
Nov 14, 2024 (25 days ago)
$0.0006195
+164.2%
See historical data


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About Sallar

Sallar is a decentralized mobile distributed computing network that transforms smartphones into nodes within a global computational ecosystem. Built on the Solana blockchain, Sallar utilizes a DePIN (Decentralized Physical Infrastructure Network) model, allowing users to contribute their device’s processing power to support high-demand industries, including AI, big data analytics, scientific research, and cryptography. This unique approach offers a cost-effective, scalable alternative to traditional data centers, leveraging the processing capabilities of everyday mobile devices to create a robust and sustainable infrastructure for data-intensive applications.

The Sallar network operates by rewarding users with Sallar tokens ($ALL) in exchange for sharing their device’s computational power. These tokens can be earned as rewards and further increased by holding them in a blockchain sub-wallet within the Sallar app. Users can connect to the network easily through the Sallar app, where they are assigned a blockchain sub-wallet for managing tokens. Token accumulation occurs in increments, capped at 20 Sallar per device. Users holding more tokens in their sub-wallet receive additional rewards, incentivizing both engagement and retention within the network, helping maintain stability and scalability.

One of Sallar's unique advantages is its ability to harness the idle processing power of millions of smartphones globally. As of recent estimates, over 6 billion mobile phones are in use worldwide, with a significant number of these devices capable of contributing to Sallar’s network. Unlike traditional server-based infrastructure, Sallar’s decentralized structure reduces dependency on large data centers, offering a more eco-friendly solution that democratizes access to high-performance computing. This network structure is highly suitable for AI projects, which often require extensive and flexible computational resources. By distributing computing loads across a vast network of smartphones, Sallar lowers the cost of AI and other data-driven projects, positioning itself as a valuable tool for developers and organizations focused on innovation in AI and big data.

To ensure security and transparency, Sallar’s smart contract was audited by Hacken, achieving a 9.1/10 score. Approximately 9.4 billion Sallar tokens are reserved in the contract for rewarding users who contribute processing power, with only around 2.6 billion currently minted as circulating supply. The Sallar ecosystem will continue to mint additional tokens as the network grows, strictly for distribution as rewards, supporting the project’s goal of building a decentralized computing network that meets the increasing demand for flexible, distributed processing power.

Sallar’s roadmap focuses on network stabilization, user expansion, and continued partnerships with AI and big data organizations interested in leveraging decentralized computing. As part of these efforts, Sallar is also developing a dedicated mobile application, allowing users to access the network seamlessly and manage rewards directly from their smartphones. Through a blend of DePIN infrastructure, blockchain-backed rewards, and a scalable model, Sallar is creating an accessible and impactful solution for decentralized computing on a global scale.