Root Protocol Price
(ISME)
USD($)
Root Protocol (ISME) Live Price Chart
Overview
About
Analysis
FAQ
Root Protocol Live Price Data
The live price of Root Protocol is $0.00084, with a total trading volume of $ 9,737 in the last 24 hours. The price of Root Protocol changed by -11.45% in the past day, and its USD value has decreased by -55.02% over the last week. With a circulating supply of -- ISME, the market cap of Root Protocol is currently -- USD, marking a --% increase today. Root Protocol currently ranks #-- in market cap.
How do you feel about Root Protocol today?
Note: This data is for reference only.
Root Protocol(ISME) Profile
Rank--
--Expand 
Website
Documentation
- --
Explorer
Contract
- Ethereum 0x87c22d...bb8
Audited By
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Code & Community
Investors
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$0.00078
$0.00096
- ATH
- $0.03955
- Price Change (1h)
- -1.16%
- Price Change (24h)
- -11.45%
- Price Change (7d)
- -55.02%
- Market Cap
- --
- 24h Volume
- $9,737
- Circulating Supply
- --
- Max Supply
- 1B
About ISME
How can I buy Root Protocol (ISME)?
Buying ISME on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Root Protocol (ISME) for more information. What Is Root Protocol (ISME) Crypto?
Root Protocol (ISME), formerly NFT3, is an innovative project designed to create a unified operating system for Web3, aiming to simplify and enhance the user experience across various blockchain platforms and applications. It seeks to aggregate users' digital identities, virtual accounts, social graphs, and crypto demands into a single, intent-centric platform, allowing for seamless access to decentralized finance (DeFi) applications, management of non-fungible tokens (NFTs), and community connections.
This aggregation is facilitated through features like Root Dex, Root Lending, and Root Graph, which are integrated into one intuitive interface. Recently, Root Protocol has expanded its capabilities through integrations with LayerZero and Celestia, moving towards omnichain interoperability and a more sustainable layer 2 (L2) environment.
The protocol's native token, ISME, plays a crucial role in the ecosystem, incentivizing user participation, governance, incentivization, and fee payments. To ensure the integrity and success of its launch, Root Protocol is implementing a rigorous whitelist and Know Your Customer (KYC) process, partnering with Synaps for KYC/AML solutions. This approach underlines the project's commitment to regulatory compliance and community authenticity.
How Does Root Protocol Work?
Root Protocol operates as a comprehensive platform aiming to streamline the user experience across the Web3 ecosystem, making it more accessible and integrated. Here's an overview of how it works:
1. Unified Digital Identity and Accounts: At its core, Root Protocol aims to consolidate various aspects of a user's digital presence, including identities, virtual accounts, and social graphs, into a single platform. This integration allows users to manage their Web3 activities more efficiently without navigating multiple wallets, identities, or protocols.
2. Seamless Access to Web3 Services: The protocol facilitates easy access to a wide range of decentralized applications (dApps), DeFi services, NFT management, and community interactions. By offering an intent-centric platform, Root Protocol simplifies the process of engaging with the decentralized web, making it more user-friendly for both seasoned crypto enthusiasts and newcomers.
3. Omnichain Interoperability: Root Protocol integrates with technologies like LayerZero and Celestia to achieve omnichain interoperability. This means the platform can interact with various blockchain networks, enabling users to operate across different chains seamlessly. Such interoperability is crucial for reducing costs and improving the efficiency of transactions in the L2 environment.
4. Comprehensive Ecosystem Services: The platform includes several built-in features like Root Dex (a decentralized exchange), Root Lending (a lending service), and Root Graph (a service to manage social graphs and connections), among others. These services are integrated into the platform's intuitive interface, providing users with a wide array of tools within a single ecosystem.
5. Rigorous Security and Compliance Measures: To safeguard its launch and ecosystem, Root Protocol is implementing strict whitelist and KYC procedures. This approach ensures that participants are genuine and aligns with global regulatory standards, thereby protecting the community and the integrity of the ISME tokens.
History of Root Protocol and ISME Coin
The founding team behind Root Protocol includes individuals with a diverse and robust background, originating from respected organizations and institutions such as Consensys, Bankless Ventures, Ontology, Polygon, CoinShares, Morgan Stanley, DCG, Stanford University, and MIT.
This collective of experienced crypto and Web3 builders and enthusiasts is supported by a notable group of advisors and angels like Meltem Demirors, Evin McMullen, Ben Lakoff, and Tekin Salimi, highlighting the project's strong foundation and ambitious vision for the future of digital identity and blockchain interoperability.
Root Protocol, previously known as NFT3, successfully raised $10 million in an extended seed funding round at a valuation of $100 million in January 2024. This funding round was supported by notable investors, including Animoca Brands, Signum Capital, and Ankr Network.
This rebranding to Root Protocol signifies a strategic shift towards building a comprehensive Web3 operating system to simplify access to decentralized identities and enhance the Web3 user experience.
What Is ISME Token Used for?
The ISME token within the Root Protocol ecosystem has several use cases, including governance, where token holders can vote on protocol decisions; paying fees for services like the Root Wallet and SDK; staking, to participate in network security or earn rewards; and rewards for ecosystem contributions, referrals, or debugging. These functionalities aim to enhance user engagement and ensure the smooth operation and development of the Root Protocol.
You can also trade Root Protocol coin against other cryptocurrencies on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell $ISME or HODL if you believe in the potential of the Root Protocol project in the future. Ensure that you undertake any trades in the crypto market only after doing your own research (DYOR).
Root Protocol (ISME) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.00011 | -11.46% |
| 7 Days | $-0.00104 | -55.03% |
| 30 Days | $-0.00081 | -48.80% |
| 3 Months | $-0.00157 | -64.88% |
24H Investment Barometer
24H
- Neutral
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
Root Protocol Conversion Rate
FAQ
How much is 1 Root Protocol (ISME) worth?
KuCoin provides real-time USD price updates for Root Protocol (ISME). Root Protocol price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ISME to USD exchange rates. What Is Root Protocol Tokenomics?
Root Protocol's ISME tokenomics involve a total supply of 1 billion tokens, with allocations for various purposes, including Angel Round (6%), Strategic Round (10%), Private Rounds (13%), Community Presale (1%), Liquidity Bootstrapping Pool (10%), Community & Ecosystem (15%), Operational Reserve (15%), Vault (15%), and Team (15%).
Is Root Protocol (ISME) a Good Investment?
Here are some potential advantages of adding Root Protocol token to your crypto portfolio:
1. Innovative Web3 Infrastructure: Root Protocol is building a comprehensive operating system for Web3, aiming to simplify user interactions with decentralized identities, virtual accounts, and social graphs. This ambition positions Root Protocol at the forefront of the next wave of internet evolution, potentially offering significant growth opportunities.
2. Omnichain Interoperability: By focusing on omnichain interoperability and integrating with technologies like LayerZero and Celestia, Root Protocol aims to enable seamless transactions and interactions across different blockchain networks. This capability could become increasingly valuable as the blockchain ecosystem grows more fragmented.
3. High-Profile Backing and Partnerships: The project has attracted attention and funding from notable investors in the crypto space, which could indicate confidence in its team, vision, and technology. Such backing might also provide valuable networks and resources for future development.
4. Utility and Incentivization via ISME Token: The ISME token is designed to play a central role in the Root Protocol ecosystem, offering utility in governance, incentivization, and fee payments. This multi-faceted use case could drive demand for the token as the platform expands and attracts more users.
5. Commitment to Compliance and Security: The protocol's emphasis on rigorous security measures, including a strict whitelist and KYC process for its token launch, underscores a commitment to regulatory compliance and community protection. This approach could mitigate some risks associated with investing in crypto projects.
What Is Root Protocol Price Prediction?
Although we cannot offer a reliable ISME price prediction, monitoring the following factors could help you better understand the price changes in the Root Protocol coin:
1. Crypto Market Sentiment and Adoption: The overall sentiment in the cryptocurrency market can significantly impact the Root Protocol price. Positive sentiment and increased adoption of the Root Protocol platform can drive demand for ISME tokens, potentially leading to an increase in the $ISME price.
2. Future Developments in the Root Protocol Roadmap: Progress and updates on the Root Protocol platform, such as new feature releases, partnerships, or successful integration with other blockchain networks, can positively influence investor and user perception, thereby affecting the ISME token price.
3. ISME Token Utility and Incentives: The utility of the ISME token within the Root Protocol ecosystem, including its role in governance, incentivization, and fee payments, directly influences its value proposition. Enhancements to token utility or additional incentives for holding or using ISME can drive demand and affect the ISME to USD price.
4. Root Protocol Ecosystem Growth and User Base Expansion: As Root Protocol attracts more users and developers, and as its ecosystem grows, the increased activity can drive demand for ISME tokens, potentially leading to appreciation in the ISME coin price.
5. Investor and Community Support: The level of support and engagement from institutional investors and the broader Root Protocol community can impact the token's market perception. High-profile investments, endorsements, or community-driven projects can enhance the token's visibility and demand, supporting the ISME crypto price.
6. Macroeconomic Factors: Broader economic conditions and movements in the global financial markets, including interest rates, inflation rates, and economic growth indicators, can indirectly impact the cryptocurrency market, including the Root Protocol token price.
7. Level of Competition: The position of Root Protocol relative to competing projects and platforms can also affect the $ISME token price. Innovations or advancements by competitors could impact investor interest in ISME, while unique achievements by Root Protocol can enhance its competitive edge.
8. $ISME Liquidity and Exchange Listings: The availability of ISME on major cryptocurrency exchanges and its liquidity can influence its price volatility and accessibility, affecting investor participation and token valuation.
What is the all-time high price of Root Protocol (ISME)?
The all-time high price of Root Protocol (ISME) is $0.03958. The current price of ISME is down 97.85% from its all-time high.
What is the all-time low price of Root Protocol (ISME)?
The all-time low price of Root Protocol (ISME) is $0.00078. The current price of ISME is up 8.00% from its all-time low.
What is the market cap of Root Protocol (ISME)?
The current market cap of ISME is $22.07M. It is calculated by multiplying the current supply of ISME by its real-time market price of $22.07M.
How do I store Root Protocol (ISME)?
You can securely store your Root Protocol in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ISME include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Pepe 2.0 (PEPE2) to cash?
You can instantly exchange your Pepe 2.0 (PEPE2) for cash using KuCoin's Fast Trade feature. This feature enables you to convert PEPE2 to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.