About Edge
Edge is the infrastructure of Web3. A peer-to-peer network and blockchain providing high performance decentralised web services, powered by the spare capacity all around us. Edge is a distributed computing paradigm that brings data storage and computation as close to the point of need as possible, pushing applications, data, and computing power away from centralized data centers. It is designed to reduce the volumes of data that must be moved, the consequent traffic, and the distance the data must travel, providing lower latency and reduced transmission costs. The $EDGE token can be bridged in and out of the Edge Network on a 1:1 basis with $XE, the coin internal to the network that is used for the transfer of value, device staking and community governance. The Edge Network is maintained by Edge Network Technologies, a not for profit company registered in England.
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Trading Insights
Searched
7
Market Stats
Market Cap
$10.78M
1.11%
FDV
$15.85M
Circ. Supply
41M EDGE
Max Supply
60M EDGE
Total Supply
57M EDGE
Diluted Valuation
$15.77M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$3.27K
-31.76%
Volume (7D)
$21.60K
Volume (30D)
$97.11K
All time high
$1.48
Price Change (1Y)
193.26%
Additional details
Market details
EDGE vs markets
↗ 78.34%
EDGE vs BTC
↗ 74.19%
EDGE vs ETH
↗ 84.53%
Tags
platform
ai-big-data
distributed-computing
filesharing
+3
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x4EC1b60B96193a64AcAe44778e51f7BfF2007831 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.26 | ↗ 0.47% |
1 Day | $0.26 | ↗ 0.48% |
1 Week | $0.25 | ↗ 5.02% |
1 Month | $0.32 | ↘ 17.20% |
1 Year | $0.0901 | ↗ 193.26% |
FAQ
Edge is a platform based on Web3. Edge networking is a computing platform that runs on the spare capacity that can be found worldwide. It is a kind of decentralized cloud service. According to the website, anyone can contribute to the Edge platform and yield benefits. The platform claims to be environmentally friendly because it is built using the spare capacity of the devices that are already in the home and office. The platform facilitates content delivery by transforming and optimizing the media library with simple URL parameters. The platform also provides file storage and sharing facility.
According to the documents of the platform, Edge is a peer-to-peer network of blockchain that provides high-performance decentralized web services. The platform was earlier called DADI, which stands for Decentralized Architecture for a Democratic Internet, which was later renamed Edge.
The platform claims that centralized authorities control the internet, and users and consumers do not have total freedom there. Only a handful of global corporations control the network. The platform aims to reverse this relationship and give the network ownership to everyone connected to it. The platform further intends to provide the benefit of the revenue that comes from its use to the consumers only.
The platform has two native tokens, namely XE and EDGE. The EDGE token is a utility token that works on the ERC-20 Ethereum blockchain. The EDGE token is used for trading and exchanging with other coins, and for purchasing services on the Edge platform and mining. The XE is an internal coin of the Edge platform. XE is used for staking, governance, and adding value to the nodes. XE is used for fast transactions on the platform and is mapped on a 1:1 ratio with EDGE token.
The Edge platform was founded in 2013 and was renamed in July 2019. The initial coin offering (ICO) was held in 2018 and raised $29 million at an ICO price of $0.5 per token. The founding team behind the platform includes Joseph Denne, Chris Mair, and Will Lebens.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1025
Contributors
0
Posts
0
% About Edge
0.023%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
4.0 ★
Highlights
0 unique individuals are talking about Edge and it is ranked #1,025 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Edge has an average sentiment score of 4.0 out of 5. Finally, Edge is becoming less newsworthy, with 0 news articles published about Edge.
On Reddit, Edge was mentioned in 0 Reddit posts and there were 0 comments about Edge. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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