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Performance

Live MYRIA/INR Price

₹ 0.01306

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10.3%

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₹ 0.00134518

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10.3%

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₹ 0.0112

24h High

₹ 0.01399

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Myria

MYRIA

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What is Myria (MYRIA)?

Myria is an Ethereum Layer 2 scaling solution built with StarkWare to power NFTs and blockchain gaming. Using ZK-Rollup tech, it enables up to 9,000 TPS, instant trade confirmation, and zero gas fees for minting and trading, all while maintaining strong asset security. It is powered by its native token, MYRIA, which has several utilities within the Myria platform.

Who founded Myria (MYRIA)?

Highstreet (HIGH) was co-founded by Travis Wu and Jenny Guo, who originally founded the VR retail enhancement company LumiereVR.

Primary features of Myria (MYRIA)

• MYRIA token: MYRIA is an ERC-20 utility token used for transactions on Myria’s Layer 2 protocol and has in-game utilities for certain games.

• Zero gas fees: Myria eliminates gas fees for minting and trading NFTs, making transactions cost-effective for users. 

• Developer-friendly tools: It offers developer tools, including APIs, SDKs, and a Domain Specific Language (DSL), simplifying the integration of blockchain technology into applications. 

• High throughput: Myria is capable of handling up to 9,000 transactions per second (TPS), ensuring scalability for high-demand applications.

Is MYRIA a promising crypto?

MYRIA’s focus on scaling blockchain gaming and NFTs through its Ethereum Layer 2 solution makes it a valuable player in the Web 3.0 space. Built with StarkWare’s ZK-Rollup technology, it offers zero gas fees, high-speed transactions, and a developer-friendly ecosystem. Its robust infrastructure and developer-centric tools position its native token, MYRIA, as a promising crypto in the blockchain gaming and NFT space. MYRIA ranks #732 in the overall crypto ranking, with a market cap of $29.15M, and the token is forecast to reach $0.0277 by 2030.

You can buy MYRIA from crypto platforms like CoinSwitch.

How do I use Myria (MYRIA)?

• MYRIA can be traded on crypto platforms like CoinSwitch. 

• The token is used to facilitate transactions on Myria’s Layer 2 protocol. 

• MYRIA can be used to mint NFTs directly to the Myria wallet.

• Users can stake MYRIA tokens to earn rewards and contribute to network security.

Pros & Cons of Myria (MYRIA)

Pros

• Myria eliminates gas fees for NFT minting and trading, making it cost-effective for developers and users.

• Myria is highly scalable, capable of processing over 9,000 transactions per second.

• The Myria ecosystem includes Myria Wallet, NFT marketplace, and Myria Studios, providing a comprehensive platform for users and developers.

Cons

• MYRIA is subject to market volatility like all cryptos.

• Staked MYRIA tokens may be locked for certain periods, potentially limiting access to funds during market shifts.

• Faces competition from other Layer 2 solutions and blockchain gaming platforms.

How to trade MYRIA on CoinSwitch?

• Start investing in MYRIA with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Myria (MYRIA) ICO summary

In place of an Initial Coin Offering (ICO), Myria (MYRIA) conducted an Initial Exchange Offering (IEO) in April 2023. The token was priced at $0.002, with 20 million MYRIA tokens available for sale. The IEO successfully raised $40,000. Myria also executed a Token Generation Event (TGE), listing the token at $0.0082. Additionally, a community airdrop distributed 45 million MYRIA tokens (0.09% of the total supply). The total token supply is capped at 50 billion, with allocations including 40% to the ecosystem fund, 36% to node emissions, 19% to project development, 3% to TGE and liquidity provision, and 2% to the strategic reserve.

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FAQ's

1. What is Myria (MYRIA)?

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Myria is an Ethereum Layer 2 scaling solution built with StarkWare, designed to enhance scalability for NFTs, blockchain gaming, and digital assets by offering up to 9,000 TPS, zero gas fees, and strong asset security.

 

2. What are the uses of the MYRIA token?

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MYRIA token is used for in-game purchases, minting NFTs, staking for rewards, and facilitating transactions on Myria’s Layer 2 network.

3. What makes Myria unique in the blockchain space?

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Myria offers a developer-friendly ecosystem with tools like APIs, SDKs, and DSL, zero gas fees for NFT operations, and a fast Layer 2 network using ZK-Rollup technology.

4. Where can I buy Myria (MYRIA)?

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MYRIA can be bought and traded on crypto platforms such as CoinSwitch, with a minimum investment starting from ₹100.

Highlight

Myria is an Ethereum Layer 2 scaling solution designed to enhance the scalability of NFTs, blockchain gaming, and digital assets.

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Price Statistics

MYRIA Price Today

MYRIA Price

₹0.01306

Price Change 24h

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10.3%

Price Change 7d

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2.58%

Market Rank

#1323

Market Cap

₹46 Cr.

Trade Vol 24h

4 Cr

Circulating Supply

3,981 Cr. MYRIA

Trading Activity

53% Buy47% Sell

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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