Valkyrie ProtocolVKR
$0.00150
Market/Exchange
VKR Price Prediction and Price Movement
VKR has been down 98.88 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that VKR's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if VKR is backed by a solid development team and whether VKR's technology has any potential to grow.
Please note that this analysis is purely base on VKR's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Valkyrie Protocol Price Chart
About Valkyrie Protocol
Valkyrie Protocol is a Dapp activation protocol designed to help protocols launch effectively by enabling them design a ‘campaign’ with a specific target goal and disseminate pre-allocated rewards to users depending on their level of participation.
This ‘rewardable ecosystem’ consists of campaign creators, who have an objective to increase usership of their project on the Terra network, campaign participants, who participate in the campaign and share content to other users, and campaign referrers, who spread the campaign content to new users. Valkyrie provides a generalized framework empowering individual teams to apply it to their specific campaign needs.
The Valkyrie token ($VKR) is the project's governance token and is utilized as a deposit for campaigns launching on Valkyrie, with referral rewards being distributed in $VKR. Users who stake their $VKR to governance receive rewards allocated to the Governance Distribution schedule, as well as a portion of the fees charged by the protocol pro-rata to their stake.