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Automata Network (ATA) is not tradable on Coinbase.

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Automata Network

ATA

About Automata Network

ATA is an Ethereum token that powers Automata, a suite of privacy solutions for decentralized applications. Automata solutions include Witness (a private voting solution for DAOs), Conveyor (enabling MEV prevention for dapps), and Librarian (enabling privacy for data query and indexing on public blockchains). In the future, Automata plans to transition to a “Nominated Proof of Stake” network where ATA will be used for staking, paying transaction fees, and voting on the future of the network.

Automata Network (ATA) is a high-performance compute protocol that strives to empower Web 3.0 applications and businesses with privacy-first, high assurance, and friction-less transactions. It aims to provide the functionalities and infrastructure necessary to realize the vision of a seamless Web 3.0 experience. Automata Network addresses the lack of transparency in data ownership, censorship, and intrusion into personal privacy. It provides privacy services for various blockchains, allowing users to control their data. The degree of privacy of computation in Automata can be stronger than in centralized web services.

Automata Network operates through a group of staking nodes and governs interactions between participants of the protocol. It provides interfaces for multiple blockchains to exchange data and cooperate on the agreed set of data in an atomic and privacy-preserving manner. Automata Network's applications aim to serve Web3 purposes and include anonymous voting, miner extractable value (MEV) minimization, and do-not-track indexing. These applications allow users to transact safely, regain control of their identity, and provide better building blocks to developers with open-source code and APIs.

Automata Network has several potential use cases. Its anonymous voting service, called Witness, provides low-cost, off-chain voting, on-chain execution based on the results, and different levels of privacy, ranging from private to public, based on the protocol’s requirements. Automata's MEV minimization solution, Conveyor, aims to be chain-agnostic and work seamlessly with decentralized exchanges. It ingests and outputs transactions in a determined order, thereby creating a front-running-free zone that removes the chaos of transaction reordering. Automata Network also provides a modular attestation layer with attestation conducted fully on-chain for out-of-protocol computation, forming the basis for Proof of Machinehood.

Automata Network was founded in 2019 by a team of blockchain developers and researchers, including previous founding members of Ziliqa. Co-founder Zheng Leong Chua holds a PhD in computer science from the National University of Singapore, while the other co-founder Deli Gong previously worked at Ziliqa as infrastructure lead. The team has been a recipient of Web3 Grant (2020), a participant of the Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), and Polkadot Decoded Mainstage speaker (2021). Automata received $2.4 million in funding in June 2021 and closed a seed round in March 2021 with $1 million in funding.

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Market

Market stats

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

$40.2M

Volume (24h)

$1.5M

Circulating supply

537.9M ATA

Typical hold time

Not enough data

Popularity

#592

All time high

$2.55

Market performance

Price change (1h)

+0.14%

Price change (1d)

+0.12%

Price change (1w)

-12.76%

Price change (2w)

-24.77%

Price change (1m)

-4.71%

Price change (1y)

-21.02%

Market benchmarks

Performance (1Y)

-18.61%

Vs. Market (1Y)

-53.63%

Vs. BTC (1Y)

-58.51%

Vs. ETH (1Y)

-36.88%

Social

Some highlights about Automata Network on social media

226 unique individuals are talking about Automata Network and it is ranked #169 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Automata Network has an average sentiment score of 3.4 out of 5. Finally, Automata Network is becoming more newsworthy, with 0 news articles published about Automata Network. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Automata Network. There were 48.91% of tweets with bullish sentiment compared to 18.73% of tweets with a bearish sentiment about Automata Network. 32.36% of tweets were neutral about Automata Network. These sentiments are based on 411 tweets.

On Reddit, Automata Network was mentioned in 1 Reddit posts and there were 3 comments about Automata Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

226 people

Posts

411 posts

Dominance

0.02%

Volume rank

#169

Average Sentiment

3.4 out of 5

Twitter

Coinbase Bytes

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Automata Network is on the decline this week.

The price of Automata Network has increased by 0.14% in the last hour and increased by 0.12% in the past 24 hours. Automata Network’s price has also fallen by 12.76% in the past week. The current price is $0.0748 per ATA with a 24-hour trading volume of $1.52M. Currently, Automata Network is valued at 97.07% below its all time high of $2.55. This all-time high was the highest price paid for Automata Network since its launch.

The current circulating supply of Automata Network is 537,900,979.25 ATA which means that Automata Network has as total market cap of 537,900,979.25.

FAQ

What is the current price of Automata Network?

We update our Automata Network to USD currency in real-time. Get the live price of Automata Network on Coinbase.

What is the market cap of Automata Network?

The current market cap of Automata Network is $40.24M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Automata Network?

The all-time high of Automata Network is $2.55. This all-time high is highest price paid for Automata Network since it was launched.

What is the 24 hour trading volume of Automata Network?

Over the last 24 hours, the trading volume of Automata Network is $1.52M.

What other assets are similar to Automata Network?

Assets that have a similar market cap to Automata Network include Aergo, TrueFi, Clearpool, and many others. To see a full list, see our comparable market cap assets.

How many Automata Network are there?

The current circulating supply of Automata Network is 538 million.

What is the relative popularity of Automata Network?

Automata Network ranks 288 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Automata Network?

Currently, 80% of Coinbase users are buying Automata Network. In other words, 80% of Coinbase customers have increased their net position in Automata Network over the past 24 hours through trading.