SOCKS

UnisocksSOCKS

Rank #709
Token
On 1,777 watchlists

Prezzo Unisocks (SOCKS)

€83,660.82
6.33%

1.6161 BTC9.17%

40.76 ETH7.74%

Basso:€76,661.96
Alto:€83,660.82
24h
SOCKS  Unisocks SOCKSPrice: €83,660.82 6.33%
Cap. del mercato
€26,269,499
6.33%
Fully Diluted Market Cap
€26,353,160
6.33%
Volume
24h
€171,360
69.45%
Volume / Market Cap
0.006523
Rifornimento circolante
314 SOCKS
100%
Rifornimento massimo
315
Rifornimento totale
314

Unisocks Chart

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SOCKS Quotazione in tempo reale

Il prezzo odierno di The live è di €83,660.82 EUR con un volume di trading in 24 ore di €171,360 EUR. Unisocks ha registrato un aumento del 6.33% nelle ultime 24 ore. L'attuale posizione in classifica su CoinMarketCap è #709, con una capitalizzazione di mercato pari a €26,269,499 EUR Ha un'offerta circolante pari a 314.00000000 SOCKS. e una fornitura massima di 315.00000000 SOCKS monete.

Le principali piattaforme per lo scambio di Unisocks sono attualmente Uniswap (V2), e 0x Protocol. Puoi trovarne altre nella nostra pagina dedicata alle piattaforme di scambio delle criptovalute.

What Is Unisocks (SOCKS)?

Unisocks is an “experimental” non-fungible token (NFT) listed on the Uniswap exchange, which represents a real pair of limited edition and dynamically priced socks that users can purchase from anywhere in the world. Holders of $SOCKS can sell them through the Unisocks platform anytime they want. Furthermore, it can also be used to redeem the pair of socks that the token represents.

Uniswap warns that Unisocks is one of the experimental projects on the protocol, which means that it’s very risky to invest in. Anyone with an ERC-20 compliant token can purchase SOCKS. Every time a SOCKS is purchased, its value increases, which is what is referred to as the “bonding curve” model.

Who Are the Founders of Unisocks?

The Unisocks project was launched by the Uniswap team, and first brought to the limelight during the Fluidity Summit in New York City on May 9, 2019. In keeping with the zany and envelope-pushing nature of DeFi in 2020, the Unisocks project may seem completely absurd at first glance and a game between DeFi degens. However the end goal of shifting the borders of DeFi applications is very serious indeed, much like the MEME token that transformed the world of art and NFTs last year did.

Some of its known developers are Noah Zinsmeister, Uniswap’s engineering lead, and Callil Capuozzo, Uniswap’s designlLead. Leander Capuozzo, Callil’s brother who worked with Uniswap on the design of Unishirt for their V0 birthday, also helped out on the sock design.

Dean Eigenmann, a security researcher and co-founder of the blockchain governance startup Harbour and decentralized exchange platform Dexy, performed a quick review of the Unisocks platform before it was launched.

What Makes Unisocks Unique?

Unisocks is an experimental NFT project. Unlike other NFTs in the decentralized finance (DeFi) space, $SOCKS follows a “bonding curve” model governing its price, which enables the early adopters to earn more in profit than the late majorities. This is because when there are more tokens bought and brought to the supply, its value increases accordingly.

Here’s how it works: the bonding curve model is facilitated by a smart contract, which is designed to function as an automated market maker with very specific purposes related to the tokens in circulation.

First, the model allows for the initial minting and purchase of the token based on a price determined within the smart contract. Then, the supply of the token will dictate how the token will be valued later on. If the token supply increases, the price increases consequently.

All the assets used to purchase NFTs, which is $SOCKS, in this case, are kept in a different smart contract labeled as the “reserve pool.”

Finally, in $SOCKS, the corresponding NFT gets burned, which simply means that it is removed from circulation, as soon as it is redeemed for a real pair of socks.

Learn more about Decentraland.

Learn more about Rarible.

Read more about NFTs.

Check out the CMC blog.

How Many Unisocks (SOCKS) Coins Are There in Circulation?

There were about 500 SOCKS tokens created and locked into Uniswap’s liquidity pool with 35 ETH, which created this initial upwards price curve for SOCKS.

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Every SOCKS that are sold increases the cost of the next one, but conversely, they can be sold back into the pool anytime, where they will be burned for 1 real pair of unisocks and shipped to any destination in the world.

After at least 100 days, all remaining liquidity will be removed and the SOCKS tokens that are left will be burned.

SOCKS reached an all time high (ATH) price of over $12,000 on Jan. 19, 2021. Furthermore, it is designed to increase in value every time a token is purchased. At present, only 326 SOCKS are in circulation.

How Is the Unisocks Network Secured?

Unisocks runs on top of the Ethereum blockchain, just like its parent platform, Uniswap. It follows the ERC-721 token standard for Ethereum-based NFTs. This means that Unisocks’ security rests on the second-largest blockchain network, Ethereum, which currently uses a dual PoW and PoS consensus mechanism.

Where Can You Buy Unisocks ($SOCKS)?

Buying $SOCKS is fairly easy. Users can just visit the Unisocks interface from the Uniswap webpage and connect it with their own cryptocurrency wallets. Afterwards, they can purchase as much $SOCKS as they want through their ERC-20 compatible tokens including ETH, ANT, BAT, DAI and KNC. For more information on buying cryptocurrencies, click here.

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SOCKS

Unisocks

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EUR

Euro

SOCKS Price Statistics

Unisocks Prezzo oggi
Prezzo Unisocks€83,660.82
Price Change24h€4,981.63
6.33%
24h Low / 24h High
€76,661.96 /
€83,660.82
Trading Volume24h€171,359.99
69.45%
Volume / Market Cap0.006523
Market Dominance0.00%
Posizione mercato#709
Unisocks Market Cap
Cap. del mercato€26,269,498.84
6.33%
Fully Diluted Market Cap€26,353,159.67
6.33%
Unisocks Prezzo ieri
Yesterday's Low / High
€70,482.03 /
€80,980.09
Apertura/Chiusura ieri
€74,729.33 /
€80,241.96
Risultato ieri

7.38%

Volume ieri€195,134.02
Unisocks Cronologia dei prezzi
7d Low / 7d High
€64,355.58 /
€83,660.82
30d Low / 30d High
€51,312.05 /
€101,900.54
90d Low / 90d High
€5,100.75 /
€137,138.90
52 Week Low / 52 Week High
€1,471.15 /
€137,138.90
Più alto di sempre
Mar 04, 2021 (a month ago)
€137,138.90
39.00%
Più basso di sempre
Dec 09, 2020 (4 months ago)
€1,471.15
5586.77%
ROI Unisocks

3606.61%

Unisocks Fornitura
Rifornimento circolante314.00000000 SOCKS
Rifornimento totale314.00000000 SOCKS
Rifornimento massimo315.00000000 SOCKS