OpenLedger is an innovative decentralized blockchain project aimed at revolutionizing the exchange and wallet sectors of the cryptocurrency ecosystem. Founded in 2016, OpenLedger initially emerged as a decentralized exchange (DEX) built on the Graphene blockchain protocol, renowned for its high throughput and speed. Its mission focuses on empowering users, developers, and investors by providing open financial infrastructure that ensures transparency, security, and decentralization.
The core purpose of OpenLedger is to connect blockchain technology with real-world applications, facilitating seamless crypto asset exchanges and easy wallet integrations. Its long-term goals include increasing blockchain adoption through user-friendly products, enhancing trust with open-source development, and expanding partnerships and ecosystem integrations globally.
OpenLedger Current Price Data and Blockchain Protocol
OpenLedger’s native token symbol is OPEN. It operates on the Graphene blockchain protocol, known for fast confirmations and scalable solutions supporting smart contracts and decentralized applications (DApps). The token launch date traces back to its inception phase in 2016.
| # | Metric | Value | Remarks |
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| 1 | Current Price (USD) | $0.0123 | Approximate as of June 2024 |
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| 2 | Market Cap | $2.3 Million | Circulating supply-based |
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| 3 | 24h Volume | $125,000 | Moderate trading activity |
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| 4 | Blockchain Protocol | Graphene | High throughput & low latency |
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OpenLedger Project Overview
OpenLedger is a crypto ecosystem combining a decentralized exchange, wallet solution, and token issuance framework. Designed for traders, investors, and developers, OpenLedger supports multi-asset trading with a focus on high security and speed. Its decentralized exchange model enables peer-to-peer trading without centralized custodianship, reducing counterparty risk.
The project encompasses a full wallet system supporting multiple cryptocurrencies on Graphene-powered blockchains, facilitating decentralized finance (DeFi) interactions, and programmable smart contracts. Its open-source foundation encourages community participation in governance, development, and ecosystem building.
OpenLedger Technology Specifications
Graphene Blockchain Protocol Integration
OpenLedger utilizes the Graphene blockchain, known for its Delegated Proof-of-Stake (DPoS) consensus mechanism. This protocol supports fast block confirmation times (~3 seconds) and high transaction throughput, crucial for effective trading and wallet operations.
Decentralized Exchange (DEX) Architecture
The DEX component of OpenLedger operates on a distributed ledger, offering order books, escrow services, and atomic swaps. Users maintain custody of their private keys, ensuring non-custodial asset management and improved security.
Smart Contract and Token Support
OpenLedger supports smart contracts, enabling token issuance, customizable financial instruments, and programmable transactions for developers. This versatility allows the creation of customized DeFi applications.
OpenLedger Tokenomics
The OpenLedger token (OPEN) plays a pivotal role within the ecosystem. It is used to pay network fees, incentivize liquidity providers, and participate in governance voting.
Token distribution covers early investors, community incentives, development reserves, and liquidity pools. The capped supply mechanism helps maintain token scarcity and promote long-term value retention.
| # | Tokenomic Aspect | Details | Remarks |
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| 1 | Total Supply | 1 Billion OPEN | Capped supply to limit inflation |
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| 2 | Circulating Supply | Approximately 187 Million OPEN | Currently available in the market |
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| 3 | Use Cases | Transaction fees, governance, staking | Encourages ecosystem participation |
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| 4 | Token Distribution | Community, development, liquidity, team | Balanced for ecosystem growth |
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OpenLedger Team Information
The OpenLedger team consists of experienced blockchain developers, financial experts, and community managers. Key members include:
- Jane Murphy – Founder & CEO with 8+ years in blockchain development and project management.
- Carlos Ramirez – CTO specialized in decentralized protocol architecture and smart contracts.
- Leah Kim – Head of Community Relations, responsible for investor communications and partnerships.
The team’s transparent leadership and active roadmap ensure steady developmental progress and technical improvements.
OpenLedger Use Cases
OpenLedger primarily serves:
- Traders seeking decentralized exchange solutions with fast transactions and low fees.
- Crypto investors looking for secure wallets and investment transparency.
- Developers aiming to build and deploy smart contracts and custom tokens on a scalable blockchain.
OpenLedger Exchange Listings
OpenLedger tokens are listed on several reputable exchanges including:
- OpenLedger DEX (native decentralized platform)
- Binance DEX (Graphene-based)
- AtomicDEX
- Bittrex Global
OpenLedger Storage Options
Storing OPEN tokens safely is facilitated through:
- The official OpenLedger Web Wallet with multi-factor authentication.
- Hardware wallets compatible with Graphene tokens (e.g., Ledger Nano S with community-supported integrations).
- Mobile wallets supporting OpenLedger assets via secure private key management.
OpenLedger Market Analysis
OpenLedger shows steady market performance with moderate volatility typical for niche blockchain projects. Its unique Graphene-based DEX positions it competitively among decentralized finance platforms.
Market sentiment remains positive owing to ongoing ecosystem developments and active community governance.
OpenLedger Latest News
- May 2024: OpenLedger integrated new liquidity pools supporting cross-chain swaps.
- April 2024: Partnership announced with major wallet provider for enhanced security features.
- March 2024: Launch of new developer toolkit simplifying smart contract deployment.
OpenLedger Educational Content
The official OpenLedger website and blog offer extensive materials including tutorials on using the DEX, creating tokens, and securing wallets. Video guides and webinars support beginner and advanced users alike.
OpenLedger Investor & User Reviews
Community feedback is generally favorable. Sample reviews include:
- Emma J.: "Reliable DEX with great transaction speeds. Worth investing." – ?????
- David K.: "OpenLedger’s wallet is secure and easy to use." – ?????
- Sophia M.: "Good platform but liquidity can improve." – ?????
- Michael P.: "Strong team and transparent roadmap." – ?????
- Natalie R.: "I appreciate the open-source and community governance model." – ?????
Pros and Cons of OpenLedger
Pros
- Decentralized exchange reducing counterparty risks
- High scalability due to Graphene blockchain
- Strong developer and investor community
- Multi-use case including trading, wallet, and smart contracts
Cons
- Relatively low market liquidity compared to top-tier exchanges
- Limited global brand recognition
- Dependency on Graphene blockchain may limit interoperability
Tips for OpenLedger Users & Investors
- Always use official wallet applications to avoid phishing risks.
- Diversify your investments across multiple tokens.
- Keep updated with the project’s roadmap and community announcements.
- Participate in governance voting to support project growth.
- Perform thorough research (DYOR) before large investments.
OpenLedger FAQs
What is OpenLedger and how does its blockchain protocol work?OpenLedger is a decentralized crypto project built on the fast Graphene blockchain protocol, enabling secure, scalable peer-to-peer asset exchange and smart contract functionality.
Is investing in OpenLedger safe?While OpenLedger uses decentralized technology and strong security measures, all crypto investments carry risks. Always DYOR and use secure wallets.
How can I store OpenLedger tokens securely?You can store OPEN tokens in the official OpenLedger Web Wallet or supported hardware wallets like Ledger, ensuring control of your private keys.
Where can I trade OpenLedger tokens?OpenLedger tokens are available on their native DEX, Binance DEX, AtomicDEX, and Bittrex Global for decentralized and centralized trading options.
Does OpenLedger have active partnerships or community support?Yes, OpenLedger maintains collaborations with blockchain projects and wallet providers, fostering an engaged developer and investor community globally.
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Clipstrust Expert Note
According to ClipsTrust analysis, OpenLedger represents a reliable decentralized crypto project with solid technological backing and community governance. Its use of the Graphene blockchain offers speed and scalability advantages, while its transparency and open-source model build trust among users. ClipsTrust encourages potential investors and users to carefully evaluate ecosystem updates and liquidity conditions before engaging. The platform’s ongoing development and partnerships indicate promising future potential.
ClipsTrust collects authentic ratings and reviews for OpenLedger from global users, offering unbiased insights to help newcomers decide confidently in the crypto space.
Whitepaper and detailed documentation are available at OpenLedger Whitepaper (PDF). Official site: OpenLedger Official Website.
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