ORBS

Orbs price

ORBS
|
3.3/5
$0.0391
-6.59%
1h
24h
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1M
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Orbs price live data

The current price of Orbs is $0.0391. Since 00:00 UTC, Orbs has decreased by -6.59%. It currently has a circulating supply of 4,301,534,998 ORBS and a maximum supply of 10,000,000,000 ORBS, giving it a fully diluted market cap of $167.85M. At present, Orbs holds the 165 position in market cap rankings. The Orbs/USD price is updated in real-time.

Orbs price performance in USD

Time periodChange amount%Chg
Today$0.00 -6.59%
7 days-$0.01 -15.19%
30 days$0.00 -6.73%
3 months-$0.01 -18.41%

Orbs market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.0390
Last price $0.0391
24h high$0.0435
Heat index ranking
108
Market cap ranking
165
Market cap
$167.85M
Favorited rate
Percentage of users who favorited this asset to all users
0.68%
All-time high
$2.08
-98.12% (-$2.04)
Mar 21, 2022 (2 years ago)
All-time low
$0.00330
+1,086.06% ($0.0358)
Jul 25, 2019 (5 years ago)
ICO date
04/03/2019
ICO price
The price at which this crypto was first traded
$0.00
Circulating supply
The amount of this crypto that is publicly available in the market
4,301,534,998 ORBS
Market cap at circulating supply
Market cap = Circulating supply × Last price
$390.20M
Audits
The audit data comes from partners that we have integrated with via API. Our partners conduct security assessments on the provided source code.
CertiK
Last audit: {date}

About Orbs (ORBS)

Orbs (ORBS) is an open, decentralized public blockchain operating on a permissionless network with a Proof of Stake (PoS) consensus mechanism. The platform facilitates interoperability by supporting two primary Layer 1 networks: Ethereum Virtual Machine (EVM) and The Open Network (TON).

What is Orbs

Orbs, a hybrid decentralized blockchain, combines the benefits of the PoS consensus mechanism with a unique virtual chain infrastructure. This blend aids in the creation of the next wave of decentralized applications (dApps). The platform offers both client and smart contract development kits (SDKs), enabling development to be secure, efficient, and cost-effective. At the same time, with isolated virtual chains, Orbs ensures that congestion on one chain doesn't hinder the performance of others.

The Orbs team

The Orbs team consists of professionals with backgrounds in blockchain and cryptocurrency. Daniel Peled serves as Orbs' president and is also the co-founder and CEO of the fintech startup, PayKey. The team also includes Tal Kol, co-founder of Appixia, which was acquired by Wix.com, Netta Korin, formerly an investment banker on Wall Street, and Uriel Paled, a blockchain consultant. The team has collaborated with ventures such as Polygon Labs as part of their ongoing efforts for the platform. 

How does Orbs work

Orbs has three main features: Virtual chains, randomized Proof of Stake, and cross-chain interoperability. Virtual chains operate on a shared node infrastructure, ensuring isolation between chains and preventing congestion. The platform's unique PoS model, known as Randomized Proof of Stake (RPoS), ensures security and scalability by randomly selecting validators from a broad pool and utilizing smaller committees for consensus. Finally, through smart contracts, Orbs offers a bridge to Ethereum, allowing users to tap into Ethereum's capabilities without exiting the Orbs environment.

ORBS tokenomics 

There is a maximum supply of 10 billion ORBS. ORBS is used as a means of payment on the platform, primarily used to settle application execution fees. Moreover, the token also plays a pivotal role in electing public network permissionless validators in a secure and decentralized manner.

ORBS distribution 

ORBS tokens were distributed in the following way:

  • 55 percent to long-term reserves.
  • 20 percent to private sales.
  • 20 percent went to the team and founding partners.
  • 5 percent to project advisors.

Learn more about Orbs (ORBS)

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ORBS FAQ

What is Orbs, and why is it important?

The Orbs network helps developers improve decentralized applications (dApps) capabilities and build solutions at scale. Businesses can leverage Orbs’ cloud system overseen by validators to manage customer data on a decentralized public network. Additionally, Orbs enables interoperability, ensuring that contracts deployed are compatible across various blockchains.

What are the benefits of holding ORBS?

ORBS tokens are essential for transactions within the Orbs network, particularly for decentralized applications. Moreover, ORBS holders have the opportunity to serve as validators and earn rewards for bolstering network security.

Where can I buy ORBS?

Easily buy ORBS tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal includes the ORBS/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for SAITAMA with zero fees and no price slippage by using OKX Convert.

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1 ORBS ≈ $0.0391 USD
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