$ 0.0119 USD
$ 0.0119 USD
$ 116.485 million USD
$ 116.485m USD
$ 932,102 USD
$ 932,102 USD
$ 20.781 million USD
$ 20.781m USD
10 billion GEAR
Issue Time
2022-12-23
Platform pertained to
--
Current price
$0.0119USD
Market Cap
$116.485mUSD
Volume of Transaction
24h
$932,102USD
Circulating supply
10bGEAR
Volume of Transaction
7d
$20.781mUSD
Change
24h
0.00%
Number of Markets
44
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+102.09%
1Y
+11.15%
All
-52.46%
Gear is a cutting-edge cryptocurrency project that aims to revolutionize the Polkadot ecosystem with its innovative smart contract capabilities. Gear functions as a parachain within the Polkadot network, offering a platform for developers to deploy a variety of decentralized applications (DApps) such as DeFi, DAOs, NFTs, and supply chain management systems. The project is distinguished by its support for asynchronous programming, parallel computing, and the use of the WebAssembly (WASM) virtual machine, which positions it to offer significantly higher transaction processing speeds and lower costs compared to traditional Ethereum Virtual Machine (EVM) chains.
Led by CEO Nikolay Volf, a former core developer at Parity Technologies and a collaborator with Polkadot's founder Gavin Wood, the Gear team brings a wealth of experience in blockchain development. The project has made notable progress, including the completion of a $12 million private funding round with investments from Blockchange Ventures, Three Arrows Capital, and other prominent players in the blockchain industry.
Gear's technical architecture is designed to support parallel task processing and asynchronous programming models, potentially allowing its transaction per second (TPS) capacity to surpass that of many other blockchain networks. The use of WASM also broadens the range of programming languages supported for smart contract development, making it more accessible to a wider array of developers.
With its ambitious goals and strong foundational support, Gear is poised to become a significant player in the Polkadot ecosystem and contribute to the broader adoption of Web3 technologies.
Solana‘s rapid network growth and escalating on-chain activity have exceeded that of rival Ethereum
2024-11-13 10:18
Ethereum, in the last 24 hours surpassed $2.5K for the first time since October 1. The altcoins dail
2024-10-14 16:11
SUI is gearing up for a critical move as bullish momentum builds, setting its sights on the $1.16 re
2024-09-13 03:04
Speculation is mounting over whether altcoin season has begun, with Bitcoins (BTC) dominance (BTC.D)
2024-08-20 07:19
The pioneer cryptocurrency Bitcoin witnessed a shy slowdown in bullish momentum this week resulting
2024-07-25 05:03
Decentraland, a virtual world platform that allows users to buy real estate and conduct NFT transact
2024-05-16 05:09
Decentraland, a virtual world platform that allows users to buy real estate and conduct NFT transact
2024-04-16 04:06
Learn about the Swords of Blood Founders Loot Box sale before the presale ends.
2023-06-11 08:00
6 ratings