Media Network (MEDIA) is currently priced at $0.19 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $47,131.439. Fully diluted valuation: $163,893.547. Circulating supply is 250,000 MEDIA. Total supply is 869,343 MEDIA.
Media Network is a new protocol that bypasses traditional CDN providers’ centralized approach for a self-governed and open source solution where everyone can participate. Media Network creates a distributed bandwidth market that enables service providers such as media platforms to hire resources from the network and dynamically come and go as the demand for last-mile data delivery shifts. It allows anyone to organically serve content without introducing any trust assumptions or pre-authentication requirements. Participants earn MEDIA rewards for their bandwidth contributions, a fixed supply SPL token minted on Solana’s Blockchain.
