Idena (IDNA)

Idena (IDNA)

Coin Information

Unkown Country Icon Unknown Country
Blockchain icon Blockchain: Idena
Ticker icon Ticker: IDNA
Type icon Type: Cryptocurrency
Proof type icon Proof type: Unknown
Algorithm icon Algorithm: Unknown

Market Cap

Fully Diluted Valuation

$1 137 467

Coin Supply

Circ icon Circ.: 69 292 589(100%)Question Mark Icon
Total icon Total: 69 292 589
Max icon Max: 68 020 856

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About Idena

Idena (IDNA) is a unique blockchain project that operates on the principles of democratic governance. Unlike most other cryptocurrencies, Idena’s blockchain is based on a Proof-of-Person consensus, where each validator is tied to a cryptoidentity representing a single individual with equal voting power. The goal of Idena is to create a borderless and democratic world, where anyone can obtain a cryptoidentity, regardless of their background or location. Becoming a validator and earning rewards with Idena requires proving one’s uniqueness as a human without the need for disclosing personal information or undergoing Know Your Customer (KYC) procedures.

Idena’s innovative approach introduces the concept of cryptoidentity, which serves as a digitally verified avatar. It is semi-unique, allowing for easy validation of one account while preventing the creation of multiple accounts. Cryptoidentity cannot be bought or sold and gains value over time, providing a secure and tamper-resistant identity solution. Critically, cryptoidentity is decentralized and self-managed, preventing abuse of human rights by powerful entities and ensuring equal participation and rights for all Idena users.

Idena offers various use cases, including democratic governance, freedom of speech, universal basic income, and attention economy. By implementing advanced voting mechanisms, such as quadratic voting, Idena aims to improve decentralized governance for everyone. Furthermore, Idena allows for seamless information distribution and censorship resistance, enabling freedom of speech. Additionally, Idena participants can earn basic rewards for network maintenance, creating the concept of universal basic income. Lastly, Idena supports an attention economy, where advertisers pay Idena Oracles to review their ads and compete for network attention using the native token iDNA.

Frequently Asked Questions

The current price of Idena IDNA is 0.0164154 USD.
The circulating supply of Idena is 69292589.
The total supply of Idena is 69292589.
The max supply of Idena is 68020856.
Unfortunately the country of Idena is unknown.
Idena is a cryptocurrency running on its own blockchain.
Idena reached an all-time-high of 2.09377 USD on 14 Apr 2022.

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