Home » Blockchain » What is Skey Network coin and how does it work?

What is Skey Network coin and how does it work?

by Financial Economy

As well as being the world’s first platform to successfully bridge decentralized finance (DeFi) and IoT, Skey Network will create the platform for a new physical asset economy called ‘Blockchain of Things’ (BoT). Built on the Ethereum network, SKEY Coin is the native cryptocurrency of the Skey Network platform. Information about some topics that what is Skey Network coin, how it works, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can check out here for informaiton about Chainge (CHNG) coin.

What is Skey Network coin and how does it work?

The decentralized network of blockchain oracles connects the world of on-chain digital assets, smart contracts and DeFi with off-chain data, services and devices. Skey Network is the only connector that connects IoT devices with Blockchain technology and creates a Blockchain of Things. Just as Bluetooth technology is the standard for wireless connectivity, their goal is to become the communication standard for IoT devices.

Skey Coin is the native cryptocurrency of the Skey Network platform, built on the Ethereum network. Skey provides blockchain-managed access to assets such as cars, homes, hotels, and more. The connector combines three unusual technologies to create a unique access token called Smart NFT: Blockchain of Things (BoT), 2nd generation Oracle, and DeFi access.

Skey Network founders!

Skey Network was founded by Szymon Fiedorowicz (CEO), Radoslav Krzycki (COO) and Herman Sadik (CTO).

SKEY token advantages and disadvantages!

Skey Network (SKEY) Token benefits are as follows:

  • Skey caters to the growing Defi and IoT ecosystem.
  • There is a small amount of SKEY Coins in circulation.
  • It is a candidate to be the leading technology for the smart city mission using tokens powered by NFT functions for cars, homes and other assets.

Skey Network (SKEY) Token disadvantages are listed below:

  • The continuation of the downtrend in prices may lead investors to consider SKEY Coin as a risky token.
  • You may need to keep your SKEY Coin investments in a hardware wallet against the risk of attack and theft.

Which exchange is SKEY coin on?

Skey Network coin is listed on some cryptocurrency exchanges such as KuCoin, BitMart, ProBit Global, Uniswap (V2), etc.

How to buy SKEY coins?

Skey Network coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

SKEY coin supply!

Total and maximum supply of Skey Network coin is SKEY.

SKEY coin price!

As of July 22, 2022, at the time of the writing, 1 Skey Network coin price is around $0,0234 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

Related Posts

Leave a Comment