Circuits of Value (COVAL) is a cryptocurrency and operates on the Ethereum platform. Circuits of Value has a current supply of 1,786,752,135.9070642. The last known price of Circuits of Value is 0.12661126 USD and is up 3.89 over the last 24 hours. It is currently trading on 19 active market(s) with $11,643,350.00 traded over the last 24 hours. More information can be found at https://circuitsofvalue.com/.

What is Circuits of Value?​

Circuits of Value (COVAL) is a cryptocurrency and NFT interoperability protocol founded in 2016 by Emblem Vault. It operates on the Ethereum platform, leveraging blockchain technology to facilitate the minting and trading of NFTs on Emblem Vision and Emblem Markets. This dual functionality positions COVAL as a versatile asset in the digital economy.

The protocol's ability to enable seamless NFT transactions is a significant feature, enhancing its utility in the growing NFT market. By allowing users to mint and trade NFTs efficiently, Circuits of Value integrates the benefits of blockchain's transparency and security with the burgeoning interest in digital collectibles.

Circuits of Value has a total supply of 1,786,752,135.9070642 tokens, reflecting its substantial presence in the cryptocurrency ecosystem. The token's price and trading volume are subject to market dynamics, influenced by investor interest and broader market trends. This volatility can result in significant price fluctuations, making it a high-risk asset.

Operating on 19 active markets, COVAL sees considerable trading activity, with a notable volume of $11,643,350.00 traded over the last 24 hours at the time of writing. This liquidity is crucial for traders and investors looking to engage with the token. More information about Circuits of Value can be found on its official website.

What is the technology behind Circuits of Value?​

Circuits of Value (COVAL) is a cryptocurrency that operates on the Ethereum blockchain, leveraging the robust and secure infrastructure provided by Ethereum. The technology behind Circuits of Value is centered around the Emblem Vault platform, which includes the X app and the X for Business platform. Emblem Vault allows users to combine multiple cryptocurrencies and tokens into a single, tradable token, simplifying the management and transfer of digital assets.

The Ethereum blockchain, which underpins COVAL, is known for its decentralized nature and smart contract functionality. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. This ensures that transactions are transparent, irreversible, and secure. Ethereum's consensus mechanism, currently transitioning from Proof of Work (PoW) to Proof of Stake (PoS), plays a crucial role in maintaining the integrity of the network. PoS, in particular, enhances security by requiring validators to hold a stake in the network, aligning their interests with the network's health and security.

Security on the Ethereum blockchain is further bolstered by its decentralized nature. With thousands of nodes distributed globally, it becomes exceedingly difficult for any single entity to manipulate the network. This decentralization ensures that the blockchain remains resistant to attacks, such as the 51% attack, where a malicious actor would need to control more than half of the network's computational power to alter the blockchain.

The Emblem Vault platform, powered by COVAL, introduces additional layers of functionality and security. By allowing users to bundle various digital assets into a single token, Emblem Vault simplifies asset management and enhances liquidity. This bundling process is facilitated by smart contracts, ensuring that the assets within the vault remain secure and can only be accessed or transferred according to predefined rules.

Moreover, the Emblem Vault platform supports interoperability between different blockchains. This means that users can combine assets from various blockchain networks into a single vault, providing greater flexibility and utility. For instance, a user could bundle Ethereum-based tokens with assets from other blockchains, creating a versatile and comprehensive digital portfolio.

Another critical aspect of the technology behind Circuits of Value is its focus on user experience and accessibility. The X app and the X for Business platform are designed to be user-friendly, making it easier for individuals and businesses to manage their digital assets. These platforms provide intuitive interfaces and robust features, catering to both novice users and experienced cryptocurrency enthusiasts.

In addition to its core functionalities, the Emblem Vault platform also emphasizes transparency and accountability. All transactions and asset movements within the vault are recorded on the blockchain, providing a verifiable and immutable audit trail. This transparency is crucial for building trust among users and ensuring the integrity of the platform.

The combination of Ethereum's secure and decentralized infrastructure with the innovative features of the Emblem Vault platform positions Circuits of Value as a versatile and robust solution in the cryptocurrency space. By leveraging the strengths of both technologies, COVAL offers a unique approach to digital asset management, enhancing security, interoperability, and user experience.

What are the real-world applications of Circuits of Value?​

Circuits of Value (COVAL) is a cryptocurrency that operates on the Ethereum platform. It has several real-world applications that make it a versatile digital asset. One of the primary uses of COVAL is in the realm of NFT interoperability and trading. This means that COVAL can facilitate the exchange and interaction of non-fungible tokens (NFTs) across different blockchain platforms, enhancing the flexibility and utility of digital assets.

Another significant application of Circuits of Value is the tokenization of real-world assets. This process involves converting physical assets, such as real estate or art, into digital tokens that can be traded on blockchain platforms. By doing so, COVAL enables easier and more efficient transactions, reducing the barriers to entry for investors and increasing liquidity in various markets.

COVAL also allows for the trading of tokens from any blockchain. This cross-chain functionality is crucial for users who want to diversify their portfolios without being limited to a single blockchain ecosystem. It provides a seamless experience for trading and managing a wide range of digital assets.

Additionally, Circuits of Value can be used to create hedged tokens. These are tokens designed to minimize risk by being backed by a mix of assets or by employing financial strategies that protect against market volatility. This application is particularly useful for investors looking to safeguard their investments in the highly volatile cryptocurrency market.

In various industries, COVAL enhances security and efficiency. For example, in supply chain management, it can be used to track the provenance of goods, ensuring authenticity and reducing fraud. In the financial sector, it can streamline processes, reduce costs, and increase transparency.

These applications demonstrate the versatility and potential of Circuits of Value in transforming how digital and physical assets are managed and traded.

What key events have there been for Circuits of Value?​

Circuits of Value (COVAL) is a cryptocurrency operating on the Ethereum platform, known for its innovative approach to digital asset management. The project has seen several key events that have shaped its journey and impacted its community.

One significant milestone was the launch of Emblem Vault Curated Collections on OpenSea. This event marked a pivotal moment for Circuits of Value, as it allowed users to create and trade unique digital assets within a secure and decentralized environment. The integration with OpenSea, a leading NFT marketplace, provided greater visibility and accessibility for COVAL assets.

Another notable event was the acquisition of Inscription 5768 & 197492 by OrdinalDogecoin. This acquisition highlighted the growing interest and value attributed to the digital assets associated with Circuits of Value. It underscored the project's potential in the broader cryptocurrency and digital asset ecosystem.

The verification of Rare Pepe as a collection on OpenSea further cemented Circuits of Value's reputation in the NFT space. Rare Pepe, a well-known and highly regarded digital art collection, being verified on OpenSea, brought additional credibility and attention to the COVAL project. This event demonstrated the project's commitment to supporting and promoting valuable digital art and collectibles.

Additionally, the announcement of an airdrop for followers of Emblem Vault on X was a strategic move to engage and reward the community. Airdrops are a common practice in the cryptocurrency world to distribute tokens and incentivize participation. This particular airdrop aimed to increase user engagement and foster a loyal community around the Emblem Vault and COVAL ecosystem.

These events collectively highlight the dynamic and evolving nature of Circuits of Value, showcasing its efforts to innovate and engage with the broader cryptocurrency and digital asset communities.

Who are the founders of Circuits of Value?​

Circuits of Value (COVAL), a cryptocurrency operating on the Ethereum platform, was founded by Dawn Code, Shannon Code, Eric Porper, and Adam McBride. Dawn Code and Shannon Code bring a wealth of experience in software development and blockchain technology, playing pivotal roles in the technical creation and development of COVAL. Eric Porper, with a background in finance and strategic planning, contributed to the project's financial structuring and market positioning. Adam McBride, known for his expertise in digital marketing and community building, focused on promoting COVAL and expanding its user base.