ADAMANT Messenger
ADM Rank 1665 Rank 1665
$0.011255 (-0.22%)

ADAMANT Messenger ADM price:

$0.011255 (-0.22%)
1h-0.30%
24h-0.22%
Week-0.63%
Month-2.57%
Year-53.78%
ETH 0.00000479 (+0.06%)
BTC 0.00000015 (-0.74%)
$0.011142 24h Range $0.011391
The live ADAMANT Messenger price today is $0.011255, with a 24-hour trading volume of $68,437.12. ADM has changed -0.22% in the last 24 hours.

ADAMANT Messenger (ADM) Metrics

Basic info
Source code
Asset type
Explorers
Market Cap Rank 1665
$1,242,204.00 BTC 17.00
All Time High
$0.060940 18 Jan 19 % to ATH (441.99%)
Volume (24h) Rank 2275
$68,437.12 BTC 0.912229
Circulating Supply
Update supply form
110,370,831 Total:111,837,463

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ADAMANT Messenger (ADM)

What is ADAMANT Messenger?

ADAMANT Messenger (ADM) is a decentralized messaging platform launched in 2017. It was created to provide users with a secure and private communication channel, addressing the growing concerns over data privacy and surveillance in traditional messaging applications. The project operates on its own blockchain, utilizing a unique consensus mechanism that ensures data integrity and security. ADAMANT Messenger enables users to send messages, share files, and conduct transactions without compromising their privacy. Its native token, ADM, is primarily used for transaction fees within the platform, incentivizing users to engage with the ecosystem. ADAMANT Messenger stands out for its focus on privacy and security, employing end-to-end encryption and a decentralized architecture that eliminates reliance on central servers. This positions it as a significant player in the realm of secure communication, appealing to users who prioritize confidentiality in their digital interactions.

When and how did ADAMANT Messenger start?

ADAMANT Messenger originated in November 2017 when the founding team released its whitepaper, outlining the project's vision for a decentralized messaging platform. The project launched its testnet in early 2018, allowing users to explore its features and functionalities in a controlled environment. Following the testnet phase, the mainnet was officially launched in April 2018, marking the platform's transition to full public availability. Early development focused on creating a secure and private messaging ecosystem that leverages blockchain technology. The initial distribution of the ADAMANT token occurred through an Initial Coin Offering (ICO) in November 2017, which helped raise funds for further development and marketing efforts. These foundational steps established the groundwork for ADAMANT Messenger's growth and its aim to provide a decentralized alternative to traditional messaging services.

What’s coming up for ADAMANT Messenger?

According to official updates, ADAMANT Messenger is preparing for a significant protocol upgrade aimed at enhancing user experience and security, targeted for Q1 2024. This upgrade will focus on improving the messaging infrastructure and introducing new privacy features to further protect user data. Additionally, the team is working on integrating decentralized finance (DeFi) functionalities within the platform, with a tentative rollout planned for mid-2024. These initiatives are designed to expand the platform's capabilities and attract a broader user base. Progress on these milestones will be tracked through their official channels, ensuring transparency and community engagement throughout the development process.

What makes ADAMANT Messenger stand out?

ADAMANT Messenger distinguishes itself through its unique architecture built on a decentralized blockchain, which ensures enhanced privacy and security for users. Utilizing a combination of blockchain technology and a peer-to-peer network, it enables encrypted messaging without relying on centralized servers, thus safeguarding user data from potential breaches. The platform employs a unique mechanism for message delivery that guarantees both anonymity and data integrity, making it particularly appealing for users concerned about privacy. Additionally, ADAMANT Messenger supports cross-platform functionality, allowing seamless communication across different devices and operating systems. The ecosystem is further enriched by its integration with various blockchain networks, enhancing interoperability and user experience. ADAMANT Messenger also features a governance model that empowers users to participate in decision-making processes, fostering a community-driven environment. These elements collectively position ADAMANT Messenger as a distinct player in the messaging landscape, prioritizing user privacy and decentralized communication.

What can you do with ADAMANT Messenger?

The ADAMANT Messenger platform offers a range of functionalities for its users, leveraging its native ADM token. Users can utilize ADM for transaction fees within the messaging app, enabling secure and private communication. The platform emphasizes privacy, allowing users to send messages, files, and make voice calls without compromising their data. Holders of ADM can participate in staking, contributing to the network's security while potentially earning rewards. Additionally, users may engage in governance activities, such as voting on proposals that affect the platform's development and features. For developers, ADAMANT Messenger provides tools for building decentralized applications (dApps) and integrations, enhancing the ecosystem's functionality. The platform supports various wallets and services that facilitate the use of ADM, allowing for seamless interactions and transactions within the ADAMANT ecosystem. Overall, ADAMANT Messenger combines secure communication with a robust utility framework for users, holders, and developers alike.

Is ADAMANT Messenger still active or relevant?

ADAMANT Messenger remains active through recent updates and ongoing development efforts. As of September 2023, the project announced a new version release that includes enhanced privacy features and user interface improvements. The development team is currently focusing on integrating additional functionalities that cater to user demands for secure communication. The project maintains a presence on various trading platforms, indicating a consistent market interest. Additionally, ADAMANT Messenger has established partnerships with other blockchain projects, further solidifying its relevance within the decentralized communication sector. The active governance proposals and community engagement reflect a commitment to evolving the platform based on user feedback. These indicators support ADAMANT Messenger's continued relevance in the cryptocurrency ecosystem, particularly in the niche of secure messaging solutions.

Who is ADAMANT Messenger designed for?

ADAMANT Messenger is designed for privacy-conscious users and individuals seeking secure communication channels. It enables them to communicate without the fear of surveillance or data breaches, providing a platform that prioritizes user privacy and data security. The messenger employs blockchain technology to ensure that messages are encrypted and decentralized, appealing to users who value confidentiality in their communications. Additionally, ADAMANT Messenger caters to developers interested in building applications that leverage its secure messaging capabilities. It provides tools and resources, including APIs and SDKs, to facilitate the integration of its messaging services into other applications or platforms. This allows developers to create innovative solutions that align with the growing demand for privacy-focused communication tools. Secondary participants, such as validators and contributors, engage with the platform through governance and participation in the ecosystem, helping to maintain the network's integrity and functionality. Overall, ADAMANT Messenger serves both individual users seeking secure communication and developers looking to enhance their applications with privacy features.

How is ADAMANT Messenger secured?

ADAMANT Messenger employs a decentralized architecture secured by a unique consensus mechanism known as the Delegated Proof of Stake (DPoS). In this model, stakeholders elect a limited number of delegates who are responsible for validating transactions and maintaining the integrity of the network. This approach enhances transaction speed and efficiency while ensuring that the network remains secure. The protocol utilizes advanced cryptographic techniques, including Elliptic Curve Digital Signature Algorithm (ECDSA), to ensure secure authentication and data integrity. Each message and transaction is cryptographically signed, providing a robust layer of security against tampering and unauthorized access. Incentives for participants are aligned through a reward system for delegates, who earn fees for their validation services. This encourages honest behavior and active participation in the network. Additionally, the system incorporates governance mechanisms that allow stakeholders to propose and vote on changes, further enhancing the network's resilience. Regular audits and a focus on client diversity also contribute to the overall security and reliability of ADAMANT Messenger.

Has ADAMANT Messenger faced any controversy or risks?

ADAMANT Messenger has faced risks primarily related to privacy and security, given its focus on decentralized communication. While there have been no major public controversies or incidents reported, the inherent risks associated with blockchain technology, such as potential vulnerabilities in smart contracts and the possibility of data breaches, are always present. The team has implemented various security measures, including end-to-end encryption and decentralized data storage, to mitigate these risks. Additionally, they have conducted audits to ensure the integrity of their platform. Ongoing risks include regulatory scrutiny, as privacy-focused applications may attract attention from authorities concerned about compliance with data protection laws. To address these concerns, ADAMANT Messenger emphasizes transparency in its operations and engages with its community to foster trust. The project remains vigilant in monitoring potential threats and continuously updates its security protocols to safeguard user data and maintain platform reliability.

ADAMANT Messenger (ADM) FAQ – Key Metrics & Market Insights

Where can I buy ADAMANT Messenger (ADM)?

ADAMANT Messenger (ADM) is widely available on centralized cryptocurrency exchanges. The most active platform is DigiFinex, where the ADM/USDT trading pair recorded a 24-hour volume of over $25 558.97. Other exchanges include BigONE and NonKyc.io.

What's the current daily trading volume of ADAMANT Messenger?

As of the last 24 hours, ADAMANT Messenger's trading volume stands at $68,437.12 , showing a 1.94% increase compared to the previous day. This suggests a short-term increase in trading activity.

What's ADAMANT Messenger's price range history?

All-Time High (ATH): $0.060940
All-Time Low (ATL): $0.000236

ADAMANT Messenger is currently trading ~81.55% below its ATH and has appreciated +5,992% from its ATL.

What's ADAMANT Messenger's current market capitalization?

ADAMANT Messenger's market cap is approximately $1 242 204.00, ranking it #1665 globally by market size. This figure is calculated based on its circulating supply of 110 370 831 ADM tokens.

How is ADAMANT Messenger performing compared to the broader crypto market?

Over the past 7 days, ADAMANT Messenger has declined by 0.63%, underperforming the overall crypto market which posted a 0.79% gain. This indicates a temporary lag in ADM's price action relative to the broader market momentum.

Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.

All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.

Coinpaprika is not liable for any losses resulting from the use of this information.

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ADAMANT Messenger Basics

Development status Working product
Org. Structure Semi-centralized
Open SourceYes
Consensus Mechanism Fair Delegated Proof of Stake
Algorithm DPoS
Started 2 September 2017
over 8 years ago
Website
Source code
Asset typeCoin
Explorers (1)
Tags
  • Cryptocurrency (1281)
  • Delegated Proof Of Stake (41)
  • Business Services (37)
Facebook
Forum

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