Crust Network Logo

Crust Network CRU

Crust Network header image

1. Summary

Ranks

Liquidity
Developer
Social
Momentum (beta)
Stack Rankā„¢
Price
$0.69 -3.0%
Market Cap
$10.30M (#836)
Supply
14.95M / 25.22M
Price
52W High price $37.86
52W High date 4th Nov 2021 (11 months ago)
All Time High (ATH) Date 12th Apr 2021 (1 year ago)
ATH Price $179.24
% From ATH -99.61%
All Time Low (ATL) Date 28th Sep 2022 (1 week ago)
ATL Price $0.67
% From ATL 4.5%
Supply & Trading Volume
Trading Volume (24h) $161,106.00
Total Supply 25.22M
Circulating Supply 14.95M
Description

Crust Network is a decentralized storage network that is fully based on the Polkadot chain. The main way through which it works is by decentralizing data storage through the distribution of files to different nodes within the network. This, in turn, fully eliminates any requirements when it comes to centralized entities to control the input or the...

Crust Network is a decentralized storage network that is fully based on the Polkadot chain. The main way through which it works is by decentralizing data storage through the distribution of files to different nodes within the network. This, in turn, fully eliminates any requirements when it comes to centralized entities to control the input or the output of information, alongside data storage.

The Crust Network also supports a multitude of storage layer protocols, such as the Inter Planetary File Systems (IPFS). Additionally, the platform can be easily accessed due to the fact that the storage interface is visible on the application.

Through the platform, any user can essentially manage their data freely and take full charge of their security as well as reliability through leveraging the power of encryption, access control, and backups.

That said, the Crust network also follows a multi-layered architecture with the goal of delivering this decentralized data storage functionality.

The CRU Token Explained

The CRU tokens, otherwise known as the Crust tokens, are the native utility tokens of the platform that can be used for staking, which gives users the ability to become nominated for block generation in the future.

Additionally, CRU tokens also serve other functions, such as block rewards, fees payments, token transfers, and a node enrollment pledge, as well as node penalty.

Every verifier and candidate essentially shares a portion of the block rewards within each blockchain cycle, where guarantors get a portion of these rewards as a form of guaranteed income.

Furthermore, CRO tokens can also be used to pay the storage resources available within the Crust markets. These storage fees will enable users to enter the account of the storage nodes throughout each storage cycle as a result.

Features of Crust Network

The main thing that makes the Crust Network unique and filled with features is the Crust ecosystem which has different participants.

These are split across candidates, verifiers, guarantors, and users.

The candidates are the nodes that can be nominated as network verifiers and are responsible for providing storage resources by putting them as guarantees.

In order for them to actually be eligible to run as a network verifier, they need to stake a specific amount of CRU tokens.

They also need to keep their nodes online. They do not participate within the block generation process but can receive a share of the reward within each cycle.

Then you have the verifiers, who are the nodes that are essentially responsible for the maintenance and security of the data and its privacy.

Their goal Is to package and essentially generate blocks within the Crust network, which helps in its maintenance through participation in its consensus model.

The guarantors are the accounts that are not stakers but help provide guarantees for the nodes within the Crust network. They essentially delegate their storage resources to other nodes where they get income as a reward. Last but not least are the users, which are essentially subscribed to the network, and the consumers of the resources, which are the storage and computing.

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2. Price

CRU/USD

2.1. Market Performance

How does Crust Network's (CRU) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-10.0%

CRU

-20.4%

Similar Market Cap

60 Day Return

-14.6%

CRU

-29.4%

Similar Market Cap

1 Year Return

-97.8%

CRU

-41.6%

Similar Market Cap

3. Developer Activity

We're monitoring 86 Crust Network GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Crust Network Repos)

Commits vs. The Market

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Most Active Repos

Past week 0
Past 12 weeks 0
Past year 1476
Past week 16
Past 12 weeks 159
Past year 709
Past week 38
Past 12 weeks 113
Past year 666
Past week 31
Past 12 weeks 130
Past year 479
Past week 19
Past 12 weeks 66
Past year 478
Past week 0
Past 12 weeks 0
Past year 434

Top Developers 2022

In total, 2zBj5 (Upgrade to view) developers have contributed to Crust Network over the past year. Who are the most active Crust Network developers, by commits, over the past year?

Related Projects

Developers working on Crust Network also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 201
Active Reddit Users (past 24h) 8
Discord users
Active Discord Users
Telegram Users 27,717
Twitter followers 109,097
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://crust.network/
Explorer https://etherscan.io/token/0x32a7c02e79c4ea1008dd6...
Twitter @CrustNetwork
reddit /r/CrustNetwork

What is the correct contract address for Crust Network?

Ethereum 0x32a7c02e79c4ea1008dd6564b35f131428673c41

Has Crust Network been audited for security?

No security audits found for this project.

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