What Is Octorand (OCTO)? Octorand is an ecosystem made up of a collection of configurable NFTs known as Primes (1,000 Gen1 Primes and 8,000 Gen2 Primes) and the deflationary currency OCTO. Each Prime is an Algorand Standard Asset (ASA) that has 8 (Gen1) or 16 (Gen2) letter traits, stored on the Algorand Blockchain. In the initial application, these traits can be transformed to spell words and phrases to earn badges and score points in a gamified competition. The ecosystem features a growing number of dApps - the initial application “Octoword” will be joined by the second dApp “Octodraw” in Q4 2022 with more dApps to follow. OCTO is the native utility token that is used to pay for all transactions within the Octorand ecosystem Fees for changing the letter attributes of Primes Fees for changing the artwork of Primes Fees to upvote / downvote Primes Fees to use the on-chain messaging facility which allows wallets in Algorand to message Prime owners Fees to store pixel art frames in the upcoming Octodraw dApp Being a deflationary token, OCTO is also a store of value. How Many OCTO Coins Are There in Circulation? Octorand launched on the 27th of January 2022 with the creation of the 1,000 Gen1 Primes. Each Gen1 Prime contained a store of 1,000 OCTO which were emitted at a constant rate of 0.0001 OCTO per second (8.64 OCTO per 24 hours). This makes a Total Supply of 1,000,000 OCTO. No more OCTO can be created. All of the stored OCTO were emitted from the Gen1 primes on the 17th May 2022. All transactions paid in OCTO are burned - the smart contract sends the transaction fee to the creator wallet which has been rekeyed so as to be verifiably inaccessible. As of the 19th of August 2022, 218K OCTO tokens have been burned leaving a remaining circulating supply of 781K tokens. Who Are the Founders of Octorand? Octorand is the brainchild of Developer Declan Rocco, assisted by Rob Sanders who is responsible for the Marketing of the Project. Declan is a career software dev
Daily trade volume is 0.284056 USD.
The Octorand price today in USD is 0.00541096. Through the Octorand price history, the price ranges from 0.75231 USD (all time high) to 0.00343561 USD (all time low). Octorand price last 24 hours fluctuated from 0.0055805 USD (24h high) to 0.00538613 USD (24h low).
Check the Octorand value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://octorand.com/
Block explorers: https://allo.info/asset/559219992/token https://explorer.perawallet.app/asset/559219992/
Twitter: https://twitter.com/octorand/
Octorand live price may differ in various exchanges. Check OCTO real-time data to make informed decisions.
You can buy Octorand on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell OCTO at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Octorand trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Octorand and trade with REVENUEBOT in less than a second.
In short, only if the current value of Octorand will be less than the value of Octorand at the moment of selling in the future. The Octorand chart can only assist the Octorand value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Octorand value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the OCTO supply. Check the Octorand live chart to see the current supply and predict how long it will take for the coins to run out.
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