OriginTrail Price

OriginTrail (TRAC) differentiates itself with its combination of a blockchain layer and a unique Decentralized Knowledge Graph (DKG) that manages data about real-world assets, particularly to address misinformation by verifying data origins. Unlike many tokens focused on only supply chains or tokenization, OriginTrail targets building the world’s largest verifiable Internet for AI, enabling trusted and decentralized knowledge sharing through an autonomous evolving knowledge graph. Its network enables interoperability across multiple blockchains and is supported by a community of world-class partners, enabling AI-native applications and knowledge mining that operate with limited human involvement.

The utility of the TRAC token centers on fueling the OriginTrail ecosystem. TRAC is used to pay fees for publishing and updating Knowledge Assets on the Decentralized Knowledge Graph (DKG), provide collateral by staking on DKG nodes to earn rewards, and transfer value within the network. It incentivizes participation and secures decentralized data management within OriginTrail's AI-driven platform. Additional components include the OriginTrail Parachain Token (OTP) for facilitating transactions and governance within the protocol.

OriginTrail uses a multi-layer consensus mechanism. Its layer 1 consists of a blockchain originally deployed on Ethereum and expanded to Gnosis, Polygon, and its own Polkadot parachain. Each node on the network maintains its own local blockchain as a ledger of verified transactions, enabling a permissionless, interoperative network where nodes verify each other's data integrity without requiring consensus on a global blockchain. This architecture secures the system and underpins the validity of the decentralized knowledge graph (DKG). The DKG operates off-chain through a network of nodes called the OriginTrail Decentralized Network (ODN), which are incentivized with TRAC tokens for their services in data storage and manipulation.

OriginTrail was created by founders Žiga Drev, Tomaž Levak, and Branimir Rakić with the vision to build a Decentralized Knowledge Graph (DKG) that brings trusted knowledge sharing to enterprises and individuals worldwide. Their mission was to solve the need for verifiable, transparent, and decentralized data in an increasingly complex digital landscape, addressing challenges such as misinformation, deepfakes, and data manipulation. The project has been adopted by major institutions like the British Standards Institution, SCAN, Swiss Federal Railways, and the World Federation of Hemophilia, emphasizing its role in fostering trustworthy and decentralized data infrastructure.

The OriginTrail cryptocurrency token TRAC was created and launched in January 2018 during an initial coin offering (ICO) that raised $22.5 million for development. All TRAC tokens were minted simultaneously at that time, with a fixed total supply of 500 million tokens and no planned inflation or further issuance.

The TRAC token is a utility token used within the OriginTrail ecosystem to power operations on its Decentralized Knowledge Graph (DKG). Users utilize TRAC tokens to pay fees for publishing and updating digital data units called Knowledge Assets, to provide collateral through staking or delegating on DKG network nodes, and for the transfer of value within the protocol. Additionally, TRAC incentivizes network participation, rewarding node operators for data storage and management services and fostering the growth of a trusted, decentralized knowledge infrastructure.

OriginTrail can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

You can buy the OriginTrail (TRAC) token on major centralized exchanges such as Bitstamp, which supports trading of TRAC. Bitstamp provides a platform to trade, stake, and manage TRAC tokens securely.

OriginTrail addresses the problem of misinformation and lack of data verifiability in the AI era by creating a trusted knowledge infrastructure. It ensures the origin and authenticity of information and real-world assets (RWAs) through its unique Decentralized Knowledge Graph (DKG). This helps enterprises and individuals discover and verify important knowledge, overcoming challenges like data manipulation and misinformation.

OriginTrail's technology is developed by Trace Labs, which is known as the core developer of OriginTrail's open-source technology. This implies that the codebase is open-source and available for public review, supporting transparency and community collaboration.

The TRAC token was generated via an initial coin offering (ICO) launched by Trace Labs in January 2018, raising $22.5 million within 20 minutes. All 500 million TRAC tokens were minted simultaneously at that time, with no future inflation planned. Token distribution allocated half for presale/crowdsale, and the rest for team, founders, development, liquidity, and advisors.

OriginTrail's scalability is advanced through its Decentralized Knowledge Graph (DKG), designed to enable a 100,000x scalability increase during its Metcalfe phase. This ambitious stage aims to create the world's largest verifiable Internet for AI consisting of 100 billion Knowledge Assets. The DKG operates off-chain, with nodes maintaining their own local ledgers, enabling efficient data verification without requiring global blockchain consensus. This architecture supports scalable, decentralized data management beyond traditional blockchain transaction speeds.

The provided information does not include details on OriginTrail's environmental impact or energy consumption. Therefore, an assessment of its environmental friendliness cannot be made based on the available documents.

OriginTrail employs a governance model utilizing its native tokens: TRAC and OTP. The OriginTrail Parachain Token (OTP), based on Polkadot, facilitates community governance through voting mechanisms. Additionally, TRAC token holders can stake tokens as collateral on Decentralized Knowledge Graph (DKG) nodes, incentivizing participation and security in the network. This token-based governance model encourages decentralization and active involvement from the community in protocol decisions.

OriginTrail's long-term vision is to build a trusted knowledge infrastructure for artificial intelligence by creating a verifiable Internet for decentralized AI. Its mission addresses challenges like misinformation by ensuring data origin and discoverability of critical knowledge and real-world assets (RWAs). The roadmap includes a Metcalfe phase aiming for 100 billion Knowledge Assets, enabling autonomous growth and AI-native capabilities through the Decentralized Knowledge Graph (DKG). The ultimate goal is autonomous knowledge mining and AI-powered inferencing with minimal human involvement, fostering a robust, reliable decentralized AI ecosystem.