Everest is a pioneering cryptocurrency project launched in July 2019, aiming to democratize blockchain access by providing a high-performance, energy-efficient blockchain protocol. Established with a mission to empower individuals and businesses with secure, transparent, and scalable blockchain technology, Everest focuses on fostering decentralization and financial inclusion worldwide.
The project was conceived by a team of blockchain enthusiasts and technology experts who envision a future where digital assets enable seamless cross-border value transfer, smart contract automation, and decentralized finance (DeFi) innovations. Everest's goal is to become a leading blockchain ecosystem by enhancing user experience, supporting developers with comprehensive tools, and ensuring token holders benefit from sound tokenomics.
Official Website: https://everest.org
Whitepaper (PDF): https://everest.org/whitepaper.pdf
Everest Features & Offerings
1. High-Performance Proof-of-Stake Blockchain
Everest operates on a scalable and eco-friendly Proof-of-Stake (PoS) consensus mechanism, significantly reducing energy consumption and increasing transaction throughput compared to traditional proof-of-work chains.
2. Native EVR Token for DeFi & Payments
The EVR token fuels the Everest ecosystem by facilitating transactions, staking rewards, governance voting, and access to decentralized finance (DeFi) applications.
3. Developer-Friendly Tools & API
Everest provides robust SDKs, APIs, and documentation for developers to build decentralized applications (dApps) and smart contracts efficiently across compatible blockchains.
Why Choose Everest
Everest distinguishes itself with a unique blend of technological innovation, community-centric governance, and strategic partnerships. Its scalable PoS protocol allows faster, cheaper transactions without compromising security, making it a preferred choice for developers and enterprises alike.
Everest's ecosystem is supported by collaborations with regional payment providers, DeFi platforms, and leading exchanges, enhancing liquidity and usability. The project's commitment to transparency and continuous upgrades positions it as a reliable blockchain project for investors and users worldwide.
Technology Specifications of Everest
Everest blockchain operates on a delegated Proof-of-Stake (DPoS) consensus with a block time of 5 seconds, enabling near-instant finality and high transaction per second (TPS) throughput. The protocol supports smart contracts based on WebAssembly (WASM), providing enhanced flexibility and cross-chain interoperability.
| # | Specification | Details | Remarks |
|---|
| 1 | Consensus Mechanism | Delegated Proof-of-Stake (DPoS) | Efficient and eco-friendly |
|---|
| 2 | Block Time | 5 seconds | Fast transaction finality |
|---|
| 3 | Max TPS | 1500 Transactions | High scalability |
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| 4 | Smart Contract Support | WASM-based | Cross-chain flexible development |
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Tokenomics of Everest
The total EVR token supply is capped at 1 billion tokens to maintain scarcity and value. Tokens are allocated as follows:
- 40% for public sale and liquidity
- 25% reserved for ecosystem development and partnerships
- 20% allocated to the core team and advisors, vested over 3 years
- 10% for staking and rewards
- 5% for marketing and community incentives
Staking EVR tokens allows holders to earn passive income, participate in governance votes, and secure the network.
Team Information for Everest
The Everest team comprises experienced blockchain developers, cryptographers, and business strategists with proven track records in technology and finance. The core team includes:
- Dr. Amelia Reed – CEO & Blockchain Architect, 10+ years in distributed systems
- Rajiv Patel – CTO, expert in decentralized protocols and smart contracts
- Sara Kim – Head of Product, specialized in UX/UI for crypto wallets
- Michael Nguyen – Lead Developer, contributes to open-source blockchain projects
- Laura Gomez – Marketing Director, drives community and investor relations
Use Cases of Everest
Everest cryptocurrency is designed to serve multiple real-world applications:
- Cross-border payments with near-instant settlement and minimal fees
- Decentralized finance (DeFi) platforms offering lending, staking, and yield farming
- Smart contract deployment for enterprises and startups
- Tokenization of assets for liquidity and trading on decentralized exchanges
- Secure and user-friendly digital wallets tailored for everyday use
Exchange Listings of Everest
EVR tokens are actively traded on multiple reputable exchanges including:
- Binance
- Coinbase Pro
- KuCoin
- Gate.io
- Uniswap (for decentralized liquidity)
These listings provide high liquidity and global access for users and investors.
Storage Options for Everest
Everest supports a wide range of wallets ensuring secure and convenient management:
- Hardware Wallets: Ledger Nano S & X, Trezor Model T
- Software Wallets: Everest official wallet app (iOS/Android), Trust Wallet, MetaMask (via bridge)
- Web Wallet: Accessible via the Everest.org portal with multi-factor authentication
Market Analysis of Everest
Since its launch, Everest's price has shown steady growth with periodic volatility consistent with the broader crypto market trends. The project benefits from strong community support and expanding partnerships, which influence positive market sentiment and adoption rates.
| # | Metric | Value | Remarks |
|---|
| 1 | All-Time High (ATH) | $18.75 | Reached on 2022-11-15 |
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| 2 | Current Price | $7.45 | As of 2024-06-01 |
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| 3 | Market Cap | $745 Million | Top 150 crypto by market cap |
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| 4 | Circulating Supply | 100 Million EVR | Available on all exchanges |
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Latest News on Everest
Everest has recently announced its integration with a major DeFi protocol, enhancing yield farming options for EVR holders. Additionally, ongoing partnerships with payment providers have expanded EVR acceptance in multiple regions, increasing its use as a digital currency.
The team is preparing for a major network upgrade slated for Q3 2024, promising improved scalability and cross-chain compatibility. Regular updates are communicated through official channels to maintain transparency and community engagement.
Educational Content on Everest
Everest offers comprehensive guides and tutorials on blockchain fundamentals, staking procedures, and wallet security through its official website and YouTube channel. These resources aim to educate new users and developers on effectively utilizing Everest's ecosystem and maximizing the potential of the EVR token.
Everest Investor & User Reviews
Here are some authentic reviews from the Everest community:
- James L., 5 stars: "Everest's PoS blockchain feels fast and secure. The staking rewards have been consistent."
- Linda M., 4 stars: "User-friendly wallet and good exchange listings. Would like to see more DeFi apps soon."
- Rajesh K., 5 stars: "Developer support is excellent; I deployed my dApp with ease."
- Ana P., 3 stars: "The tokenomics are promising but price volatility is something to watch."
- David W., 4 stars: "Solid project with strong community backing. Looking forward to network upgrades."
Average Rating: 4.2/5
Pros and Cons of Everest
Pros
- High scalability and fast transaction speeds
- Eco-friendly consensus avoiding energy waste
- Robust developer tools for dApp creation
- Wide exchange availability and wallet support
- Strong community and transparent governance
Cons
- Price volatility common in crypto projects
- Network still evolving with upcoming upgrades due
- Smaller market cap relative to top-tier coins
- Requires user vigilance against scams and phishing
Tips for Everest Users & Investors
- Always use secure wallets and enable two-factor authentication
- Stake EVR tokens to maximize passive income and network security
- Stay updated via official Everest channels to track project developments
- Perform your own research (DYOR) before investment decisions
- Diversify portfolio to mitigate market volatility risks
Everest FAQs
What blockchain protocol does Everest use?Everest operates on a Delegated Proof-of-Stake (DPoS) blockchain, providing fast, scalable, and energy-efficient transactions suitable for decentralized applications and payments.
Is investing in Everest crypto safe?Everest employs strong security protocols and transparent governance; however, all cryptocurrency investments carry risks. We recommend thorough research and cautious investing.
Which wallets support Everest EVR tokens?EVR is supported by hardware wallets like Ledger and Trezor, software wallets including Everest official wallet, Trust Wallet, and MetaMask via bridging.
Where can I buy Everest tokens near me?You can purchase EVR tokens on major centralized exchanges such as Binance and Coinbase Pro, or via decentralized platforms like Uniswap, accessible globally.
How can I contact Everest for partnership or support?Everest offers contact via their official website Contact Page, and through social media channels linked below for quick community and developer support.
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ClipsTrust Expert Note
ClipsTrust evaluates Everest as a promising cryptocurrency project distinguished by its strong technical foundation, active community engagement, and transparent development roadmap. Our experts appreciate Everest’s commitment to eco-friendly blockchain solutions and comprehensive developer support.
ClipsTrust continuously collects and validates user reviews to provide the most authentic insight into cryptocurrencies like Everest. We encourage our community to share honest feedback to help future users and investors make informed decisions.
Disclaimer: This content is for informational purposes only and not financial advice. Please conduct your own research (DYOR) before investing in any cryptocurrency.
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