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Dock.io

Dock.io

DOCK
$0.001216Up 0.00 percent($0.00)

Key Stats

Market Cap$1.14MUp 0.00 percent
Fully Diluted Value$1.22M
Max Supply1.00B DOCK
Circulating Supply940.79M DOCK
Launch Date2018-01-17
Block Number38,939,124

Dock.io Information

Websites
www.dock.io
Block Explorers
dock.subscan.io
Industries
Identity

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About Dock.io

Dock is a blockchain platform dedicated to decentralised identity and verifiable credentials, utilising its native DOCK token for network operations, staking, and governance. Co-founded by industry veterans Nick Lambert and Elina Cadouri, Dock aims to empower users with secure and verifiable digital identities.

Frequently Asked Questions

Dock is a blockchain-based platform focused on providing solutions for creating, managing, and presenting digital verifiable credentials and decentralised identities. The native cryptocurrency of the Dock network is the DOCK token, which facilitates transactions, incentivises participants, and enables governance within its ecosystem.

The DOCK token serves multiple functions within the Dock network:

  • Network Operations: DOCK tokens are required to perform various operations on the Dock blockchain, including the creation of decentralised identifiers (DIDs), issuance and revocation of credentials, and the establishment of schemas that structure these credentials.

  • Staking and Validating: Token holders can stake their DOCK tokens to support network security and operations. Validators, who are responsible for processing transactions and producing blocks, receive emission rewards in DOCK tokens. Stakers can also nominate others to validate on their behalf, with rewards distributed accordingly.

  • Governance: DOCK token holders participate in the governance of the network by submitting proposals, voting on network changes, and electing council members to the Dock Association. This decentralised governance model ensures that token holders have a say in the network's development and direction.

Dock was co-founded by Nick Lambert and Elina Cadouri. Nick Lambert, serving as CEO, has been involved in the blockchain industry since 2011 and was previously the COO of MaidSafe, an early company in the blockchain space. Elina Cadouri, the COO of Dock, brings extensive experience in the data network industry. The development team includes experts like Lead Developer Lovesh Harchandani, who specialises in verifiable credentials and decentralised identity solutions.