Constellation

Halal Rating :
Comfortable
Last Price $0.04 Last updated:
Rank 280
1D Change 0.55 %
Market Cap $115.19m
Circulating supply 2,873,448,318
Maximum supply None

Crypto Overview

Categories
  • DAG
  • Platform
  • Payments
  • Smart Contracts

Overview

Constellation (DAG) is a distributed network that aims to solve scalability and security issues in blockchain technology using a directed acyclic graph (DAG) architecture. The project's stated purpose is to provide a framework for data management and validation, particularly focusing on enterprise-level solutions.

Purpose and Utility

The DAG token serves multiple functions within the Constellation ecosystem: It acts as the native currency for network operations, enables participation in the network's security through node operation, and facilitates data validation. The platform specifically targets enterprise data management and validation use cases.

Business Model and Development

Constellation's business model centers on providing blockchain solutions for enterprise data management, with a particular focus on government and military applications. The project has established partnerships with the U.S. Air Force and other organizations for implementing their technology in real-world scenarios.

Real-World Adoption

The project has demonstrated practical utility through its partnerships and ongoing development work. The team has maintained consistent development activity, as evidenced by regular github updates and technical documentation releases.

Token Distribution and Governance

The token distribution includes allocations for development, team incentives, and community growth. There are vesting schedules in place for team tokens, indicating consideration for long-term project sustainability.

Rating Justification

Member Vote

Agree: 1 Disagree: 0

Login to vote on this

Comments

0 Comments

Login to join the discussion