Equity Details
Price & Market Data
Price: $0.0₃488
Daily Change: -$0.0₅308 / 0.63%
Daily Range: $0.0₃488 - $0.0₃491
Market Cap: $566,237
Daily Volume: 4
About Archway (ARCH)
Financial insights into Archway (X:ARCH). Current price: 0.0₃488, daily change: -$0.0₅308 / 0.63%. Market cap: 566,237. Performance metrics across all timeframes are updated.
Details
Archway (ARCH) is a Cosmos-native blockchain platform tailored for developing decentralized applications (dapps). Founded by Griffin Anderson and backed by Tendermint Ventures, Archway stands out for its incentive model that rewards developers with a share of network fees, inflation, and premiums based on the impact of their dapps. This model aims to foster recurring value generation for developers within the network. The platform is maintained by Phi Labs and utilizes Cosmos SDK and Tendermint for networking and consensus, along with custom modules for rewards and transaction tracking. $ARCH is used primarily to incentivize developers through various revenue streams such as transaction fees, inflationary rewards, and optional smart contract fees. This ecosystem is designed to encourage the creation of impactful dapps while providing developers with multiple potential funding sources, aligning with the platform's goal of driving innovation and participation in the DeFi space.
