ONE

Harmony price

ONE
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3.7/5
CyberScope
4.1
05/25/2024
TokenInsight
3.2
11/05/2022
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USD
USD
$0.022630
-1.36%
1h
24h
1W
1M
1Y
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Harmony price live data

The current price of Harmony is $0.022630. Since 00:00 UTC, Harmony has decreased by -1.35%. It currently has a circulating supply of 12,305,426,115 ONE and a maximum supply of 13,156,044,840 ONE, giving it a fully diluted market cap of $278.47M. At present, Harmony holds the 127 position in market cap rankings. The Harmony/USD price is updated in real-time.

Harmony price performance in USD

Time periodChange amount%Chg
Today-$0.00031 -1.36%
7 days$0.0023000 +11.31%
30 days$0.0012700 +5.94%
3 months-$0.00024 -1.05%

Harmony market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.022510
Last price $0.022630
24h high$0.023210
Heat index ranking
156
Market cap ranking
127
Market cap
$278.47M
Favorited rate
Percentage of users who favorited this asset to all users
0.81%
All-time high
$0.48000
-95.29% (-$0.45737)
Jan 15, 2022 (2 years ago)
All-time low
$0.0085800
+163.75% ($0.014050)
Oct 19, 2023 (7 months ago)
ICO date
05/17/2019
ICO price
The price at which this crypto was first traded
$0.0031750
Circulating supply
The amount of this crypto that is publicly available in the market
12,305,426,115 ONE
Market cap at circulating supply
Market cap = Circulating supply × Last price
$297.72M

About Harmony (ONE)

Harmony (ONE) stands out as a promising blockchain platform that tackles scalability challenges while upholding decentralization and security in the dynamic realm of cryptocurrencies. Harmony has garnered considerable recognition within the crypto community through its inventive consensus mechanisms and thriving ecosystem.

What is Harmony

Harmony is a blockchain platform that offers efficient and scalable solutions for decentralized applications (DApps) and the broader crypto ecosystem. It addresses the limitations of existing blockchain networks by implementing an innovative sharding technique known as Effective Proof of Stake (EPoS). This approach involves dividing the network into smaller shards, resulting in increased transaction processing capacity, reduced latency, and enhanced scalability for the platform.

The Harmony team

The Harmony team plays a crucial role in the success of the blockchain project, bringing together a highly skilled and diverse group of individuals. The team, led by co-founders Stephen Tse and Nicolas Burtey, includes top-notch researchers, engineers, and entrepreneurs from prestigious institutions and companies. Their collective expertise and experience provide a strong foundation for the development and growth of Harmony, ensuring that a talented and dedicated team drives the project.

How does Harmony work

Harmony operates on the foundation of its Epos consensus mechanism, which forms the core of its architecture. By implementing sharding, the network is divided into multiple shards, enabling independent processing of transactions and smart contracts

Validators are assigned to shards based on their reputation, ensuring decentralization and security. Harmony further enhances communication and consensus between shards through crosslinks and a secure random beacon. This innovative approach allows Harmony to achieve high throughput and low latency while maintaining a robust security model.

ONE: Harmony's native token 

Harmony's native cryptocurrency is ONE, a fundamental element of the Harmony blockchain. ONE plays a crucial role in governing the network, facilitating transactions, and incentivizing active participation. As a utility token, ONE grants users access to many features and services within the Harmony ecosystem. Whether it involves staking, participating in governance decisions, or utilizing DApps, ONE serves as the platform's primary medium of exchange and value transfer.

ONE tokenomics

Harmony's tokenomics have been carefully designed to foster the sustainable growth and development of the ecosystem. The total supply of ONE tokens is set at 13.1 billion, with a distribution that aims to be fair and balanced.

Harmony conducted an initial exchange offering (IEO) and subsequent token sales to ensure a fair distribution. Token allocations have been subject to a vesting schedule, which promotes responsible token release and helps prevent potential market disruptions.

ONE token use cases

ONE tokens have a wide range of use cases within the Harmony ecosystem. In addition to serving as a medium of exchange for transactions, they are used for paying network fees, participating in governance decisions, and accessing various decentralized applications and services built on the Harmony blockchain.

The versatility and utility of ONE tokens contribute to their value and encourage adoption and engagement across the platform.

ONE token distribution

Harmony allocated tokens to different stakeholders, including the team, investors, ecosystem development, and community incentives to ensure a wide distribution of ONE tokens and incentivize network participation. 

A portion of the token supply is reserved for community initiatives, partnerships, and strategic collaborations, fostering a vibrant and engaged ecosystem.

The full breakdown is as follows:

  • Protocol development: 26.4 percent
  • Seed sale: 22.4 percent
  • Ecosystem development: 21.8 percent
  • Team: 16.9 percent
  • Public sale: 12.5 percent

Innovating scalability with the future of Harmony

Harmony offers a compelling solution to the scalability challenges current blockchain networks encounter. With its innovative sharding technique, Epos consensus, and a highly skilled team driving its development, Harmony aims to revolutionize the blockchain landscape.

As the project matures and gains broader adoption, the potential for Harmony to emerge as a significant player in the decentralized future of finance and applications becomes increasingly apparent. By addressing crucial limitations, Harmony demonstrates its commitment to creating a scalable, secure, and inclusive blockchain ecosystem that empowers developers, businesses, and users.

ONE FAQ

What is Harmony?

Harmony (ONE) is a blockchain platform that delivers fast and scalable solutions for decentralized applications (DApps). It leverages a unique sharding technique, Effective Proof of Stake (EPoS), to significantly improve transaction processing capacity, minimize latency, and enhance overall scalability. Harmony aims to tackle the limitations of traditional blockchain networks while upholding the principles of decentralization and robust security.

What are the benefits of using ONE token?

ONE token offers several benefits within the Harmony ecosystem. It serves as a medium of exchange, facilitating transactions and value transfer on the network. 

Additionally, ONE tokens are utilized to pay network fees, participate in governance decisions, and access a wide range of decentralized applications and services built on the Harmony platform. The utility and versatility of ONE tokens enhance their overall value and contribute to an engaged and thriving ecosystem.

Where can I buy ONE tokens?

Easily buy ONE tokens on the OKX TR cryptocurrency platform. One available trading pairs in the OKX TR spot trading terminal is ONE/USDT.

You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for ONE with zero fees and no price slippage by using OKX TR Convert.

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