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Keep network (KEEP) is the 208th largest cryptocurrency in the world by market cap, valued at $199,469,832. The current price of Keep network is $0.1995, which is -10.458% lower than yesterday. Prices have ranged between $0.236707 and $0.218246 over the past 24 hours. All prices are listed in US dollars and accurate as of January 30, 2023 06:01 UTC.
The Keep Network protocol was designed as a privacy solution that enables users and decentralized applications (dapps) to store information and data off-chain in containers, often referred to as "Keeps". Private data can be used on public applications without the risk of a data breach.
The Keep Network’s first product was the tBTC token. tBTC is the first truly decentralized BTC token built for the Ethereum blockchain. Users can deposit BTC and mint tBTC at a 1:1 ratio. By randomly assigning "signers" in the network, the amount of tBTC being minted and the depositor of the BTC is never known.
The KEEP token is used to power the network and support all applications that are built on the Keep Network. KEEP token holders can participate in the operation of "Keep" off-chain containers in return for rewards. In 2021, a proposal passed on both the Keep Network and NuCypher platforms, with the two networks deciding to merge. The new project was named Keanu, after the star of The Matrix.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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