OriginTrail Parachain (OTP)

OriginTrail Parachain (OTP) Price

This cryptocurrency is not listed for trading or services on Gate.

$0.000000

Market Cap

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24h Low

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24h Turnover

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Total Supply

548.75M

Market Sentiment

Neutral

About OriginTrail Parachain (OTP)

OriginTrail ecosystem’s vision is to build a trusted knowledge foundation that greatly impacts the way humanity’s knowledge is produced, maintained and shared in a trusted and inclusive manner. The purpose of the OriginTrail Parachain is to provide a tailored blockchain for Artificial Intelligence that extends the capabilities of the Decentralized Knowledge Graph with growth incentivization features for real world adoption. The OriginTrail ecosystem is based on real-world adoption of Web3 technologies with utility and is further spurred by the tokenomics design of both the OriginTrail DKG and OriginTrail Parachain, aligned in a way to leverage network effects by seamlessly integrating both network layers. OriginTrail Parachain L1 supports a spectrum of real world use cases, such as securing around 40% of imports the United States of America, vastly improving transparency and trust in electric vehicle (EV) industry, supporting trusted knowledge exchange in pharmaceutical supply chains, helping drive sustainability in European construction sector to name a few. More examples of real-world adoption may be found at www.origintrail.io . The plethora of applications designed to drive mainstream adoption of Web3 solutions are supported by a growing number of integrations with leading software and cloud providers such as Google, Oracle, DIgital Ocean and their Web2 product suites. The OriginTrail provides a quick and scalable way of bringing Web2 users into the Web3 world at an enterprise - grade level. The OTP’s basic utility is to facilitate the transactions in the OriginTrail consensus layer (similar to ETH used on Ethereum). In addition to the basic utility, OTP is used to ​​incentivise growth of trusted knowledge in the OriginTrail DKG, as well as to incentivise parachain collators and their delegators, and enable inclusive development by on-chain voting. The token (OTP) is created with the launch of the OriginTrail Parachain on the Polkadot network and

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