Overview of TRAC
What is Origin Trail (TRAC) Coin:
OriginTrail is a web3 infrastructure project that merges knowledge graph and blockchain technologies to establish a neutral and inclusive ecosystem. The network is open source and permissionless, enhancing transparency and security. A key feature is the multi-chain Decentralized Knowledge Graph (DKG), operating on Ethereum, Polygon, and Gnosis blockchains.
Who are the Founders:
OriginTrail was founded by Tomaž Levak (CEO), Žiga Drev (COO), and Branimir Rakić (CTO). Initially conceived as a traceability platform for food products, it addresses trust and interoperability issues in supply chain data.
Key Features:
- DKG and Parachain: OriginTrail’s DKG runs on Ethereum, Polygon, and Gnosis. The OriginTrail Parachain, designed for the Polkadot relay chain, extends DKG capabilities, fostering real-world adoption in the supply chain sector.
- Tokenomics and UALs: OriginTrail employs Uniform Asset Locators (UALs) for enhanced asset discoverability. Tokenomics leverage network effects by integrating both network layers. It aims to drive use cases in various industries, including DeFi, real-world asset collateralization, metaverse, and IoT.
What Makes TRAC Coin Unique Aspects:
- Combining Technologies: OriginTrail uniquely combines blockchain and knowledge graph technologies, creating a DKG that facilitates trusted data exchange.
- Interoperability: The protocol is blockchain-agnostic, allowing integration with any blockchain supporting smart contracts.
- Diverse Use Cases: OriginTrail’s DKG has been applied to various use cases, including security audits, food certification, and fair trade of organic products.
- Polkadot Integration: OriginTrail collaborates with Polkadot to create a parachain, leveraging Polkadot’s scalability, interoperability, and governance.
Token Information:
- TRAC: OriginTrail’s original token with a fixed supply of 500 million. Used for payments in data exchange services, staking by node runners, and governance voting.
- OTP: OriginTrail Parachain Token, introduced for the Polkadot integration, with various use cases, including gas, governance, and fees on the parachain.
What is the volume of TRAC Coins currently in Circulation:
- TRAC has a total fixed supply of 500 million, with 365 million in circulation.
- Allocation includes a token sale, team, advisors, future development fund, and ecosystem development fund.
Security Measures:
- OriginTrail employs a multi-chain approach, connecting to several blockchains hosting smart contracts and utilizing cryptographic proofs, zero-knowledge proofs, and a decentralized network of nodes.
How do I buy OriginTrail (TRAC) coin:
- OriginTrail (TRAC) can be purchased on various cryptocurrency exchanges, including BitMart, KuCoin, Huobi, Coinbase Exchange, and Uniswap (V3).
How do I Sell OriginTrail (TRAC) coin; OriginTrail (TRAC) can be sold on various cryptocurrency exchanges, including BitMart, KuCoin, Huobi, Coinbase Exchange, and Uniswap (V3)
Disclaimer: Cryptocurrency investments carry risks, and thorough research is recommended before making any investment decisions. Always use secure practices and ensure information is up-to-date from official sources.
