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Everest
ID

$0.048
Market Cap
-3.19% $5,605,156
Fully diluted market cap
$38,424,381
Circulating supply
116,700,000 ID
Total supply
116,700,000 ID
Max. supply
116,700,000 ID
Volume 24h
-29.03% $32,769
Volume/Market cap (24h)
+0.58%

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

logo
Everest
ID

$0.048
1D
7D
1M
3M
1Y
ALL
Market Cap
-3.19% $5,605,156
Fully diluted market cap
$38,424,381
Circulating supply
116,700,000 ID
Total supply
116,700,000 ID
Max. supply
116,700,000 ID
Volume 24h
-29.03% $32,769
Volume/Market cap (24h)
+0.58%

ID Price Calculator

ID
USD
1 ID equals $0.048 United States Dollar
Last updated 2024/11/13 20:00:18 (UTC)

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

ID Market

ID Market Stats

24h Low & High
Lowest Price
$0.046
Highest Price
$0.050
All Time High
$2.37
Price Change(1h)
0.00%
Price Change(24h)
-3.17%
Price Change(7d)
+27.49%

ID Price Live Data

The live price of Everest is $0.048 per (ID/USD) today with 24-hour trading volume is $32.76K USD. ID to USD price is updated in real-time. Everest is -3.17% in the last 24 hours.

ID Price Performance

24DAYS
$-0.0015
-3.17%
30DAYS
$0.013
+40.91%
90DAYS
$0.0(3)57
+1.21%
1YEAR
$0.035
+298.61%

About Everest (ID)



Everest (ID) is a blockchain company that aims to bring economic inclusion and remove barriers to public services. It claims to be the world’s only device-free, global digital transaction protocol with in-built identity – using digital identities on blockchain, electronic wallets, document management and biometrics. Its inception will bring blockchain and biometrics to governments, banks, exchanges, hospitals, NGOs and more.

They received a Virtual Financial Assets (VFA) license from the Maltese Financial Services Authority (MFSA), which allows Everest to operate as a regulated custodian for users. Everest’s CRDT token allows businesses and users to program fiat currencies for various use-cases, facilitating value transfer across fiat currency and financial rails worldwide.

Everest’s platform consists of the following features: EverID – verifiable identity which is user-controlled, pseudo-anonymous and supported by the Identity Network Foundation, a non-profit DAO; EverWallet – device-free account which stores multi-currency and biometric data; EverChain – the platform layer 2 ledger based on Ethereum; CRDT – pegged stablecoin for value storage (1 CRDT = USD$0.01); VFA – regulatory license to operate in accordance to laws; ID token – utility token enabling access to the identity network and exchange of value.


## Who Are the Founders of Everest?

Everest was founded in May 2016 with the belief that without the fundamental elements of human exchange (value transfer), the economies of crypto and blockchain will not be able to grow.

Bob Reid is the co-founder and CEO of Everest. He received a BA in Political Science from the University of California, San Diego and an M.B.A. from Middlebury Institute of International Studies at Monterey. He has extensive experience in business development, was the General Manager of Licensing at BitTorrent, and VP of Strategy & Business Development at Neulion and DivX. Most recently, Bob was an advisor to Kai Labs, a blockchain-focused think tank & accelerator.

Bradley Witteman is the co-founder and CTO of Everest. He received a BA, M.B.A. and MA from the Middlebury Institute of International Studies at Monterey. He has almost 20 years of product management experience across various industries. Bradley was Senior Director of Product Management at BitTorrent, Chief Product Officer and founder of Moby Corp.


## Can Everest Hit $1?

Everest is a next-generation blockchain platform that is projected to unite the end-user market and financial institutions into the DeFi, crypto and fiat future. Everest full vertical stack consists of a gateway node, which enables partners to quickly integrate Everest to their legacy platforms using their APIs. Everest also enables integrated KYC/AML on their platform through quick and inexpensive biometric ID. This combination of secure, mass-market biometrics and encryption allows Everest to complete identity creation and verification, compared to days needed by traditional financial institutions.

Everest’s compliance with regulatory requirements and ability to operate in legal jurisdictions is another major advantage. It’s patent-pending biometric identity, virtual onboarding and account creation, cross-border transfers are vertically integrated to meet the needs of financial institutions. Everest is bridging the DeFi world with the regulatory requirements of governments. With its VFA license, Everest is allowed to issue its own stablecoin and process payments of “programmable money” in most jurisdictions with a merchant account. Everest also complies with Europe’s GDPR and California’s CCPA data privacy law.

Everest has a vast number of partners and recognitions, including: Visa Everywhere Initiative 2020 – semi-finalist in two categories; Visa Fast Track 2020; Ethereum Foundation 2019 grant winner (eKYC); Inclusive FinTech 50 2019 winner; Oregon Enterprise Blockchain Venture Studio 2019 winner; New America, Blockchain Impact Ledger 2019; approved vendor list of United Nations and Asian Development Bank.

In July 2021, Everest partnered with Oracle Financial Services, a unit of Oracle Corp, with the aim of enhancing the bank's product offering across the world. Oracle is a software service utilized in retail and corporate banking and insurance services. This corporation will enable the verification of user’s credentials. Thus, it will provide a diverse scheme of mitigating money laundering activities as it will allow banks to scrutinize cryptocurrencies, cross-border and decentralized finance. Everest Chief Executive and co-founder Bob Reid says that their blockchain-based identity and verification is projected to enhance banking and financial software.


## Related Pages

Read about ERC-20 tokens.

Read about Cryptocurrency Money Laundering and KYC.

Learn more about DeFi.

What is web 3.0? Click here and find out.

Take a deep dive into smart contracts and DeFi space with CMC Alexandria.

Take a look at the CMC blog: product updates, partnerships, and announcements.


## How Many Everest (ID) Coins Are There in Circulation?

ID (ERC-20) is the native utility token of the Everest platform, enabling access to the identity network and exchange of value in the economy. Receiving payments is free on the Everest system, but users need to stake 1-100 IDs in their wallet to send payments. For larger users which require greater levels of data, complexity, visibility and targeting, higher amounts of ID tokens need to be staked (up to 250,000). For institutions, the amount of IDs staked depends on a tiered level of access and specific market use-case.

The total supply is capped at 800,000,000 ID. The distribution of tokens is as follows: 19% to strategic partners, advisors and consultants; 19% to team; 38% for staking and rewards; 12% to ecosystem development; 12% to reserves.

ID tokens are bought and held by stakers (users, custodians, financial institutions, businesses and more) and eAgents (Kyber, Aave), which grants them access to the network for a limited period of time. eAgents are staking partners who manage eTellers, who earn ID tokens by signing users up to Everest services. Holding and staking ID will give users lower transactions fees and additional rewards.


## How Is the Everest Network Secured?

Everest (ID) is a cryptocurrency token built on Ethereum, and a smart contract is a program that runs on the Ethereum blockchain and is supported by the platform. Smart contracts allow the conclusion of trust relationships, transactions, and agreements between anonymous parties. This makes these processes transparent, secure, irreversible, and everything else can still be tracked.


## Where Can You Buy Everest (ID)?

Everest (ID) is listed on several cryptocurrency exchanges, it cannot be bought directly for fiat money, but coins can be obtained by buying Bitcoin on any of the fiat currency exchangers for cryptocurrency, and then transferring it to the exchange where the ID token is presented. Among them: Uniswap (V2), Bitfinex, SushiSwap, Bilaxy, 1inch Exchange, Kyber Network, Bamboo Relay and KyberDMM.

Cryptocurrency newbie? You can read more about how to enter the market and how to buy BTC, PPAY or any other token? Check out the details here.

ID To Local Currency

Last updated 2024/11/14 00:00:03 (UTC)

How To Buy Everest

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Everest and help you discover other cryptocurrencies similar to Everest.

FAQ

Q
What is the current price of Everest?
A
We update our Everest to USD price in real-time. Get the live Price of Everest on CoinMapAi.
Q
What is the 24 hour trading volume of Everest?
A
Over the last 24 hours, the trading volume of Everest is $32.76K.
Q
What is the all time high of Everest?
A
The all-time high of Everest is $2.37. This all-time high is highest price paid for Everest since it was launched.
Q
Where can I buy Everest?
A
Everest can be purchased on multiple centralized exchanges. Please check our buying guide: buy Everest guide.
Cryptocurrency investment activities, including actions done to buy Everest online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Everest instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Everest purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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