Maker (MKR)

Backbone of asset backed stablecoin DAI

#26

Marketcap Ranking

517.7605 (5.12%) arrow_drop_up

Market Price (24h change)

511,787,598

Total Market Cap

3.4

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info_outline What is Maker

3.7

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Maker 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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Maker Explanation Video

Is XRP A Sleeping Giant Simply Explained! [Ripple Cryptocurrency Altcoin] | Bitcoin Money Maker

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
Maker 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

build Maker Product Analysis

4.8

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Maker 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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Maker 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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Maker Product Analysis

Maker was founded back in August 2015. Its source code was released publicly on github on October 2018 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 Not mineable, while the underlying algorithm is called None.
In the current state of Maker currently is Working product

group Maker Community Analysis

2.6

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Maker 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 10,224 Subscribers
directions_run 274 Active Users
create 4 Daily Posts
speaker_notes 24 Daily Comments
linkOpen Subreddit

view_list Telegram: Contact @MakerdaoMKR Channel
person Members
directions_run Online
linkOpen in Telegram

Official Twitter account for Maker

view_list @MakerDAO Channel
person 36,927 Followers
01.29.2020
16:55
The DSR comes to @argentHQ! Their UI makes it ridiculously simple to earn savings on your Dai 👇 https://t.co/tsk1eGNdni 46 favorite
01.28.2020
23:19
#DeFi is growing... https://t.co/bvh475u50w 84 favorite
01.28.2020
20:28
With the launch of Multi-Collateral #Dai and the increase in new users, Maker is introducing a new 6-part 'Welcome to Crypto' blog series. The first is now live: The Benefits of Cryptocurrency and Blockchain Technology https://t.co/WvoYlkKem3 $Dai #crypto #stablecoin #blockchain 81 favorite
01.27.2020
19:11
An update for teams that have connected their apps to OasisDEX contracts: A new contract will be deployed Feb 4, 2020, and market makers are advised to move liquidity to there. More info: https://t.co/MPEJbREE6S 28 favorite
01.27.2020
17:35
Another one... Happy Chinese New Year and use Maskbook to receive the first Twitter Red Packet. (Only available on Twitter for web) #MakerDAO #Maskbook Decrypt with @realMaskbook https://t.co/dmgBFHLp96 23 favorite
01.27.2020
17:03
Multiple Governance Polls have been added. Voters are now able to signal their support for a: 🔒DSR Spread within a range of: 0%-4% Note: This is the Spread, NOT the regular DSR percentage ↔️Dai Stability Fee within a range of: 4%-12% More 👇 35 favorite
01.27.2020
03:22
First come, first served! Happy Chinese New Year and use Maskbook to receive the first Twitter Red Packet. (Only available on Twitter for web) #MakerDAO #Maskbook Decrypt with @realMaskbook https://t.co/P2BzZivgO7 23 favorite
01.26.2020
21:32
The spell has been cast🧙‍♂️ The new #Dai Savings Rate is 7.75% https://t.co/7dbAV5VZUl #MuchCoolerDai 167 favorite
01.26.2020
17:33
Another Round! Happy Chinese New Year and use Maskbook to receive the first Twitter Red Packet. (Only available on Twitter for web) #MakerDAO #Maskbook Decrypt with @realMaskbook 26 favorite
01.26.2020
17:02
Happy Chinese New Year and use Maskbook to receive the first Twitter Red Packet. (Only available on Twitter for web) #MakerDAO #Maskbook Decrypt with @realMaskbook https://t.co/vGFY3Pgt1F 17 favorite
Name Date Description
New Contract Deployed 02.04.2020
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Maker Google Trends


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 Maker Development Analysis

3.8

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Maker 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 265 Stars
remove_red_eye 37 Watchers
usb 63 Forks
sync_problem 2 Open Issues
border_color 0 Comment Coverage
lock_open GNU Affero G License

attach_money Maker Price Analysis

3.6

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Maker Price Prediction

$ 521.2051 (0.5%) arrow_drop_up

Predicted USD Market Price in 24h by Coinpaper

$ 450.7570 (-13.08%) arrow_drop_down

Predicted USD Market Price in 14d by Coinpaper

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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 Maker Team Analysis

4.8

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Maker Team

Maker 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

Maker Team Members (54)

launch

Greg Diprisco

Head of business development

launch

Soren Peter Nielsen

Head of product

Steven Becker

President & coo

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

compare_arrows Maker Exchanges

Maker Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Bitfinex MKR/ETH $ 522.8984 $ 70,294 check
# 2 Bitfinex MKR/BTC $ 528.9315 $ 21,563 check
# 3 Bitfinex MKR/USD $ 526.0000 $ 33,700 check
# 4 Bitfinex MKR/DAI $ 549.7098 $ 150,219 check
# 5 Bittrex MKR/BTC $ 520.3220 $ 22,060 check
# 6 Bittrex MKR/ETH $ 497.3493 $ 3,487 check
# 7 OKEx MKR/BTC $ 516.2963 $ 53,303 clear
# 8 Bkex MKR/USDT $ 510.0248 $ 46,951 clear
# 9 OKEx MKR/USDT $ 526.7814 $ 37,401 clear
# 10 OKEx MKR/ETH $ 522.1751 $ 27,122 clear

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