Maker (MKR)

cryptocurrency
smart contracts
eth token
#21

Marketcap Ranking

631.2637 (3.74%) arrow_drop_up

Market Price (24h change)

631,263,666

Total Market Cap

4

-

info_outline What is Maker

3.7

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Short Description

The Dai Stablecoin is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar. We believe that stable digital assets like Dai Stablecoin are essential to realizing the full potential of blockchain technology

Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors. Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform

Once generated, Dai can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long-term savings. Importantly, the generation of Dai also creates the components needed for a robust decentralized margin trading platform.

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Introduction Video

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Is Ripple A Sleeping Giant Simply Explained! Best Cryptocurrency Market Binance https://www.binance.com/?ref=25992167 Litecoin Donation ...

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Screenshot from Website

makerdao.com
MKR Websitemore_vert

Visit Webpage

Website Informationclose

Organization: Whois Privacy Service
Name: On behalf of makerdao.com owner
Country: US
City: Seattle
Zipcode: 98108-1226
Address: P.O. Box 81226
Mail: registrar-abuse@amazon.com
Creation date: 2015-03-17
Expiration date: 2021-03-17
Nameserver: GUY.NS.CLOUDFLARE.COM

attach_money Product Analysis

4.5

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Whitepaper

Maker (MKR) is a utility token, governance token and recapitalization resource of the Maker system.


The whitepaper of Maker is 21 Pages long.

The most influencial keywords are: Collateralized, Market, Price, Pricing, Debt, Risk, Platform, User, Governance, and Governments.

file_downloadOpen Whitepaper
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Close Competitors

  • 1.) Veritaseum

    Veritaseum builds blockchain-based, peer-to-peer capital markets as software on a global scale. We enable the seamless connection of parties and assets without the need for a third or authoritarian interest. Any entity with internet access can participate in these capital markets on a peer-to-peer and one-on-one basis.

  • 2.) Kin

    Kin is a cryptocurrency designed to bring people together in a new shared economy. KIN is swapping token from ERC-20 Ethereum to KIN blockchain based on Stellar.

  • 3.) Gnosis

    Gnosis builds revolutionary market-driven forecasting technology to let you shape the future.

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Product analysis

Maker was founded back in August 2015. Its source code was released publicly on github on November 2017 under the GNU Affero General Public License v3.0 license.
Organization wise, Makers Development is Centralized and is being developed under the lead of Greg Diprisco.

The consensus on which the Maker network is run is called POW, while the underlying algorithm is called Ethash.
In the current state of Maker currently is Working product

group Community Analysis

3.0

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Communities & Events

Learn more about Maker, chat with the team, and have your say in shaping the future of commerce on the blockchain.

view_list r/MakerDAO Subreddit
person 9,629 Subscribers
directions_run 293 Active Users
create 7 Daily Posts
speaker_notes 31 Daily Comments
linkOpen Subreddit

The channel for discussion on all things Stablecoins.

view_list Stablecoins Channel
person 429 Members
directions_run 24 Online
linkOpen in Telegram

Official Twitter account for Maker

view_list @MakerDAO Channel
person 33,199 Followers
11.18.2019
00:46
Introducing Oasis Trade, Borrow, and Save, the all-in-one #DeFi hub. Oasis Trade = Decentralized Marketplace Oasis Borrow = The new CDP Portal for Multi-Collateral Dai Oasis Save = How to access the Dai Savings Rate https://t.co/rfeVo8ktt5 https://t.co/BnWA9eMSaa 62 favorite
11.16.2019
22:03
With the launch of Multi-Collateral Dai comes a new brand identity. The Foundation Design team held brand audits, consulted the Maker community and more to design Dai as a global currency See more: https://t.co/EFbqYFEqx0 94 favorite
11.16.2019
18:29
Anyone who upgrades to Multi-Collateral #Dai will be able to take advantage of the Dai Savings Rate (DSR). How can it benefit the individual, entrepreneur or business? Read here: https://t.co/WLyx6GsYYq #MuchCoolerDai 78 favorite
11.15.2019
23:50
Don't forget... πŸ§™β€β™‚οΈ https://t.co/56BrVdvvri 21 favorite
11.15.2019
23:40
Multi-Collateral #Dai is approved! That was quick! In just a few hours, the spell was lifted and is now ready for Monday's launch πŸš€ https://t.co/pRlSrGpLk0 #MuchCoolerDai https://t.co/f5tPEtvVSk 209 favorite
11.15.2019
20:24
If you're the person who casts the spell to activate Multi-Collateral Dai... 50 favorite
11.15.2019
17:07
πŸ‘€ https://t.co/vkk4TNxAs2 20 favorite
11.15.2019
16:05
The vote is live!!! https://t.co/B07isLTQm3 49 favorite
11.15.2019
16:01
The Maker Foundation Interim Risk Team has placed an Executive Vote proposal into the voting system to ratify the collection of system parameters needed to activate Multi-Collateral #Dai. The Executive Vote is now live at https://t.co/g9vSgxm089 More: https://t.co/RSk9ESzZmK 49 favorite
11.15.2019
15:48
The timeline below has a lot of answers to what's happening in the next 72 hours and beyond! #Dai Read πŸ‘‡ https://t.co/FtYu7sIbvU 31 favorite
Name Date Description
MCD Launch 11.18.2019 "BIG changes to terminology are coming with the launch of MCD on Nov. 18th Say hello to Vaults, Dai, and Sai."
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Google Trends Analysis


The Google Trends chart displays the search interest on google in Maker relative to its peak over the last year. A rising chart shows growing interest int he project.

code Development Analysis

3.8

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Github Analysis

Code Updates (Commits)


Every change to the codebase of Maker is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 227 Stars
remove_red_eye 29 Watchers
usb 88 Forks
sync_problem 11 Open Issues
border_color 0.14 % Comment Coverage
lock_open GNU Affero G License

attach_money Price Analysis

3.6

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Price Prediction

$ 598.1961 (-4.15%) arrow_drop_down

Predicted USD Market Price in 24h

$ 731.5498 (17.21%) arrow_drop_up

Predicted USD Market Price in 14d

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Converter MKR - USD

Convert between MKR and USD with the live Maker prices, aggregated from all big exchanges that trade Maker.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Team Analysis

4.8

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Team

Lead

Rune Christensen - Ceo
Chief Executive Officer and Cofounder of MakerDAO. Since 2015, he has focused on establishing the vision and organizational structure of the Maker Decentralized Autonomous Organization and the economic foundations of the Dai stable digital currency. Previously, he served as co-founder of Try China, a company providing international recruiting.


supervisor_accountSocial Network Links

Members (53)

launch

Greg Diprisco

Head of business development

launch

Soren Peter Nielsen

Head of product

launch

Andy Milenius

Cto

Bartek Kiepuszewski

Head of product

Lev Livnev

Economic research lead

Wouter Kampmann

Integrations pm

launch

Coulter Mulligan

Head of marketing

Henry Doe

Head of ux & design

launch

Mike Porcaro

Head of communications

launch

Jacek Czarnecki

General counsel

launch

Brian Avello

General counsel

compare_arrows Exchanges

Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Bitfinex MKR/ETH $ 652.1909 $ 12,700 check
# 2 Bitfinex MKR/BTC $ 667.7356 $ 5,158 check
# 3 Bitfinex MKR/USD $ 662.4000 $ 2,253 check
# 4 Bitfinex MKR/DAI $ 538.1299 $ 54 check
# 5 Bittrex MKR/BTC $ 474.8819 $ 20,133 check
# 6 Bittrex MKR/ETH $ 522.7750 $ 3,665 check
# 7 OKEx MKR/ETH $ 650.8558 $ 20,248 clear
# 8 Kucoin MKR/BTC $ 655.9212 $ 14,535 clear
# 9 Kucoin MKR/ETH $ 661.7405 $ 5,370 clear
# 10 HitBTC MKR/ETH $ 655.4915 $ 3,298 clear

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