Buy NETVRK (NETVR)
What is Netvrk?
Netvrk is a decentralized virtual reality platform that operates on a blockchain. It allows users to create, explore, and monetize virtual reality experiences. The platform emphasizes social interaction and community building, offering users a space to engage in these activities while providing monetization opportunities through its native cryptocurrency .
How does Netvrk work?
Netvrk functions by utilising blockchain technology to provide a decentralized platform for virtual reality experiences. The use of blockchain ensures benefits such as immutability, decentralization, cost efficiency, and high security. Smart contracts are employed to process payments quickly and transparently. While the specific consensus mechanism isn't detailed, blockchain technology commonly uses mechanisms like Proof of Work (PoW) or Proof of Stake (PoS) .
What are the potential use cases for Netvrk?
Netvrk's potential use cases include:
- A platform for creating, exploring, and monetizing virtual reality experiences.
- Facilitating social interaction and community building in virtual environments.
- Providing monetization opportunities through trading virtual assets using its native cryptocurrency.
- Hosting virtual events and collaboration within the platform.
It is particularly relevant in industries such as virtual reality, gaming, entertainment, social media, and digital art .
What is the history of Netvrk?
Netvrk was developed by Xmod, a VR simulation studio founded by Michael Katseli and Linus Chee. The project commenced in 2016 with a prototype of VR goggles. Over time, Netvrk evolved into a comprehensive social platform with tools and infrastructure for creating, sharing, and monetizing VR experiences, primarily focused on gaming, education, and virtual workplaces revolving around virtual land and asset ownership .
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Frequently Asked Questions (FAQs)
What is the current price of NETVRK (NETVR)?
The NETVRK price is $0.20630782 AUD, representing a -6.73% from the day prior.
Where is the best place to buy NETVRK (NETVR) in Australia?
The best place to buy NETVRK (NETVR) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell NETVRK (NETVR) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of NETVRK (NETVR)?
The trading volume of NETVRK (NETVR) is $803.5K AUD in the last 24hrs, representing a -6.73% from the day prior.
How can I buy NETVRK (NETVR)?
NETVRK (NETVR) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of NETVRK (NETVR)?
The current market cap of NETVRK (NETVR) is $19.1M AUD.
Can I convert NETVRK (NETVR) to cash?
Yes - With Coinstash you can convert your NETVRK (NETVR) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many NETVRK (NETVR) are there?
The current circulating supply of NETVRK (NETVR) is 97.5M.
Is Coinstash a safe place to buy NETVRK (NETVR) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling NETVRK (NETVR) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.