UDT

Unlock Protocol price 
UDT

$9.72  

13.73% (1d)

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Unlock Protocol statistics
Market cap
 

0.00%

$435,273
#5903
Volume (24h)
 

495.51%

$2,146
#5441
Volume/Market cap (24h)
 
0.49%
Self-reported circulating supply
 
44,778 UDT
4.48%
Total supply
 
1,000,497 UDT
Max. supply
 
1,000,497 UDT
Fully diluted market cap
 
$9,725,520
UDT to USD Converter
UDT
USD
Price performance
24h 
Low
$8.42
High
$9.72
All-time high
Apr 27, 2021 (3 years ago)
$1,486.40
-99.35%
All-time low
Apr 21, 2023 (a year ago)
$2.39
+306.47%
See historical data
Popularity
In watchlists3,662x
3737th / 9.6K
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About Unlock Protocol

Unlock is a protocol for memberships which lets creators monetize their work, on their own terms, without having to rely on 3rd party applications or platform.

As a creator, you want to monetize your work and ensure that only your members can access it. For this you should create a Lock. The lock is a smart contract deployed on the Ethereum blockchain which defines the terms of your membership. The Lock is yours and cannot be modified by anyone else, unless you grant them the permission.

The lock itself does not know about the content or features which it locks. The lock is also completely decoupled from your application, which means that it can be implemented in many different contexts: on the front-end, on the back-end, inside of chat applications, or even in other smart contracts.

As consumers, you want to easily unlock access to your favorite websites, or be part of communities. Unlock represents these memberships as Non Fungible Tokens. These tokens are directly linked to your Ethereum wallet.

Unlock also built a keychain for consumers to easily view all of their memberships and use them. This involves cancelling them, transferring them or printing codes to assert ownership.