ITGlobal price

ITG

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ITG (ITGlobal Coin)

Launched in 21/07/2021 by a team based in VietNam, ITG is a blockchain-based platform designed to facilitate seamless interoperability between different digital assets and decentralized applications (dApps). The project focuses on enabling cross-chain transactions, reducing fragmentation in the crypto ecosystem, and providing developers with tools to integrate multiple blockchain networks efficiently.

Technology and Features ITG operates as a layer-1 blockchain that utilizes Proof-of-Stake (PoS) to validate transactions. The network supports smart contract functionality, allowing developers to create and deploy dApps that can interact with multiple blockchains. A key feature of ITG is its cross-chain communication protocol, which facilitates asset transfers and data sharing between otherwise incompatible networks.

The platform employs atomic swaps, bridges, or a proprietary interoperability protocol to ensure secure and trustless transactions across chains. Additionally, ITG incorporates sharding, rollups to maintain high throughput and low transaction costs.

Use Cases ITG’s interoperability solutions cater to several applications, including:

Decentralized Finance (DeFi): Enabling liquidity sharing between different DeFi protocols across blockchains.

NFT Marketplaces: Supporting cross-chain NFT transfers and multi-chain marketplace integrations.

Enterprise Blockchain Solutions: Facilitating data and asset exchange between private and public blockchains.

Governance and Token The ITG token serves multiple functions within the ecosystem, including:

Transaction Fees: Used to pay for operations on the network.

Staking: Token holders can participate in network security by staking ITG.

Governance: ITG holders can propose and vote on protocol upgrades.

The total supply of ITG is 9,000,000,000,000 tokens, with a circulating supply of 9,000,000,000,000. Token distribution includes allocations for development, ecosystem incentives, team, and public/private sales.

Development and Roadmap The ITG team has released mainnet launch, key partnerships, or protocol upgrades. Future developments may include integration with additional blockchains, enhanced scalability solutions.

ITG’s approach to interoperability positions it as a potential facilitator of broader blockchain adoption by addressing fragmentation in the industry. The project continues to evolve through community-driven governance and technical advancements.

For more details, visit https://itg-exchange.com/.