MAPO Price
(MAPO)
MAPO Live Price Data
The live price of MAPO is $0.008843, with a total trading volume of $ 121,765 in the last 24 hours. The price of MAPO changed by -2.82% in the past day, and its USD value has decreased by -23.11% over the last week. With a circulating supply of -- MAPO, the market cap of MAPO is currently -- USD, marking a --% increase today. MAPO currently ranks #-- in market cap.
How do you feel about MAPO today?
Note: This data is for reference only.MAPO(MAPO) Profile
Website
Documentation
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Explorer
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Contract
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Audited By
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Code & Community
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Investors
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- ATH
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- Price Change (1h)
- -0.23%
- Price Change (24h)
- -2.82%
- Price Change (7d)
- -23.11%
- Market Cap
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- 24h Volume
- $121,765
- Circulating Supply
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- Max Supply
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About MAPO
How can I buy MAPO (MAPO)?
Buying MAPO 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 MAPO (MAPO) for more information. What Is MAP Protocol (MAPO) Crypto?
MAP Protocol (MAPO) is a Bitcoin layer-2 and peer-to-peer omnichain infrastructure that enhances cross-chain interoperability using light client and Zero-Knowledge (ZK) technology. This means it enables different blockchain networks to interact with each other without relying on a trusted third party, maintaining a decentralized and integrated ecosystem.
MAPO, the protocol's native token, serves multiple purposes within this ecosystem. It is used to pay transaction fees, incentivize validators, and can also be staked to secure the network while earning rewards. The MAP Protocol uses light clients to verify transactions across chains, ensuring security and trustworthiness without central oversight.
For developers, MAP Protocol provides tools and APIs to build and integrate decentralized applications (dApps) that can operate across multiple blockchains, making creating versatile and powerful Web3 applications easier. The protocol aims to connect all major blockchain networks, thereby facilitating a more interconnected and efficient blockchain environment.
How Does MAP Protocol Work?
MAP Protocol operates through a sophisticated three-layer structure designed to facilitate seamless cross-chain interoperability across various blockchain networks.
MAP Protocol Layer
The MAP Protocol Layer is a foundational layer that includes the MAP Relay Chain and light clients deployed on each participating blockchain. These light clients perform independent verifications of transactions and updates, ensuring secure and final communications across chains without the need for intermediaries.
MAP Omnichain Services (MOS) Layer
Similar to how Google Mobile Services works for the Android ecosystem, this layer provides developers with the necessary tools and frameworks to create and deploy dApps that can operate across different blockchains. It features components like Vaults and Data storage solutions on each chain, as well as a Messenger Program to facilitate communication between chains.
MAPO Application Layer
This layer is where the actual applications interact. Due to the underlying services provided by the MOS, dApps can achieve true interoperability, accessing and utilizing assets and data across multiple blockchains. This layer benefits from the verification network of the MAP Protocol Layer, which assures the integrity and finality of the data and transactions.
At its core, MAP Protocol leverages light client technology enhanced by Zero-Knowledge proofs to ensure that all cross-chain transactions are secure and trustworthy. This structure not only supports the verification of transactions across different blockchains but also ensures that these operations are cost-efficient and final, thereby eliminating the risks associated with third-party intermediaries. This intricate architecture allows MAP Protocol to support a wide array of EVM and non-EVM blockchains and provides developers with the tools to build flexible and powerful omnichain applications.
History of MAP Protocol and MAPO Coin
Since its launch in 2018, MAP Protocol has made significant strides in the development of its cross-chain interoperability platform:
1. Makalu PoC-2 Testnet: Launched in December 2021, this update introduced the IBFT algorithm to achieve consensus among nodes, facilitating validator registration and election through on-chain contracts. It continued to support light client verification, which is crucial for verifying on-chain transactions on peer chains.
2. Integration with Major Blockchain Networks: MAP Protocol has been actively integrating with major blockchain networks like Cosmos and Klaytn. This includes testing and deploying light clients on these networks to facilitate seamless cross-chain transactions.
3. Development of Omnichain Dictionary: This application demonstrates how cross-chain contract interactions are processed, allowing users to add new entries on a foreign chain through MAP Protocol's omnichain service contract.
4. Expansion of Validator Information: Enhancements were made to provide more complete information on validators, accessible through the MAPO Scan, which also saw improvements in its mobile view and backend data query optimizations.
What Is MAPO Token Used for?
The MAPO token, native to the MAP Protocol, is used for several key functions within the network:
1. Pay Transaction Fees on MAP Protocol: You'll use MAPO to pay fees when you send MAPO or use applications on the MAP Protocol. These fees compensate block producers for processing and verifying your activities on the network.
2. Staking MAPO on MAP Protocol: Validators, who ensure the accuracy and validity of transactions within the MAP network, are required to stake MAPO. This not only secures the network but also earns them rewards. If you don't want to run a node yourself, you can still participate in the network by delegating your MAPO for staking.
3. Decentralized Governance of MAP Protocol: Holding MAPO allows you to participate in the protocol's governance. This might include voting on various proposals that dictate the direction and implementation of network updates or changes.
4. Cross-Chain Interactions: MAPO underpins a broad omnichain financial system, which supports functions beyond mere transactions like borrowing, lending, and other decentralized finance (DeFi) activities. This makes MAPO pivotal in facilitating and managing cross-chain interactions within the MAP ecosystem.
5. Trade MAPO on KuCoin: Trade MAP Protocol token against other cryptocurrencies on the KuCoin Spot Market to make the most of changing market conditions, but only after doing your own research (DYOR). Buy or sell $MAPO or HODL if you believe in the future potential of the MAP Protocol.
MAPO (MAPO) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $-0.000214 | -2.36% |
7 Days | $-0.002577 | -22.57% |
30 Days | $0.000029 | 0.34% |
3 Months | $-0.000096 | -1.07% |
24H Investment Barometer
- Buy
- 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.
MAPO Conversion Rate
FAQ
How much is 1 MAPO (MAPO) worth?
KuCoin provides real-time USD price updates for MAPO (MAPO). MAPO price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time MAPO to USD exchange rates. Is MAP Protocol (MAPO) a Good Investment?
Investing in MAP Protocol (MAPO) comes with several potential advantages:
1. Decentralized and Transparent: MAP Protocol operates on a peer-to-peer basis without intermediaries, ensuring transactions are secure and transparent. All transactions are recorded on the blockchain, allowing you to verify them independently.
2. Utility and Versatility: MAPO tokens are used for transaction fees, staking, and governance within the MAP Protocol ecosystem. This multi-use functionality increases its intrinsic value as the network grows.
3. Interoperability: MAP Protocol is designed to facilitate seamless interactions between different blockchain networks, both EVM and non-EVM. This capability is essential for the future scalability and integration of blockchain technologies.
4. MAP Protocol’s Tokenomics: The total supply of MAPO is capped, which may protect against inflation. Additionally, the strategic allocation of tokens ensures long-term participation and support from developers, investors, and users.
5. Incentives for Participation: Validators who help secure the network are rewarded with MAPO tokens. This helps maintain the network's integrity and incentivizes more users to participate in network security through staking.
What Is MAP Protocol Price Prediction?
Although we cannot offer a precise MAPO price prediction, here are some factors to help you understand the price movements in MAP Protocol crypto:
1. Crypto Market Sentiment and Adoption: General investor sentiment and the level of adoption of the MAP Protocol in the blockchain community can significantly affect the MAPO token price. As the protocol gains more users and partnerships, demand for MAPO tokens can increase, supporting the MAP Protocol price.
2. MAPO Tokenomics and Supply: The total supply of MAPO tokens is capped at 10 billion, with various allocations for development, staking rewards, and ecosystem support. This limited supply, coupled with strategic token distribution, can impact MAPO price movements.
3. Future Developments in the MAP Protocol Roadmap: Advances in the MAP Protocol's technology, such as updates for enhanced cross-chain interoperability and other features, can also influence the MAPO to USD price. Positive developments often attract more attention and investment.
4. Market Liquidity and Trading Volume of MAPO Tokens: The availability of MAPO tokens on major exchanges and the volume of transactions can affect its price stability and volatility. Higher liquidity typically leads to less price manipulation and more stable prices.
How to Stake MAPO on MAP Protocol
To stake MAPO on MAP Protocol, you need to follow these steps:
1. Acquire MAPO: First, ensure you have MAPO in your wallet. Buy MAPO tokens on KuCoin and transfer them to your compatible crypto wallet.
2. Access the Staking Interface: Connect your wallet to the MAP Protocol staking page.
3. Lock Your MAPO for Staking: You'll be prompted to lock the amount of MAPO you want to stake on the staking page. Click the "Lock" button and enter the amount.
4. Select a Validator: After locking your MAPO, choose a validator to delegate your staked MAPO. Reviewing the validators’ performance and reputation is crucial to ensure they are reliable and have a good track record.
5. Delegate Your MAPO: Finalize your choice by delegating your MAPO to the selected validator. This process involves confirming the transaction, which may require paying a small gas fee.
6. Monitor Your Staking: After staking, you can monitor the performance and potential rewards from your staking dashboard on the MAP Protocol website.
Note: You can withdraw your staked MAPO at any time, subject to a 15-day unlocking period.
What is the market cap of MAPO (MAPO)?
The current market cap of MAPO is $22.21M. It is calculated by multiplying the current supply of MAPO by its real-time market price of $22.21M.
How do I store MAPO (MAPO)?
You can securely store your MAPO in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your MAPO 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 Arbitrum (ARB) to cash?
You can instantly exchange your Arbitrum (ARB) for cash using KuCoin's Fast Trade feature. This feature enables you to convert ARB 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.