What is Symbol (XYM)?

Symbol is a white label solution for blockchains similar to Cosmos or Polkadot. It allows enterprises to use the Symbol network to create their own blockchains without having to create everything on their own. Symbol enables smart contracts and is a hybrid blockchain that connects a private and public chain. Public blockchains are accessible to everyone. For private blockchains, the data is secured and due to the lack of decentralization, faster transactions are possible. XYM is the native token of the Symbol public blockchain and can be earned through staking.
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XYM
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Cryptohunt's Opinion

Our take on Symbol

Symbol provides a network on which users can create blockchains that are connected to each other. However, this problem is already solved by other blockchains like Cosmos or Polkadot. So what makes symbol unique? Compared to the other blockchains mentioned above, Symbol links a public with a private chain. Even if this is not relevant for everyone, the solution is particularly popular among enterprises that do not want to share everything publicly on the blockchain, but do not want to miss the advantages of a public, dezentralised blockchain.
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How do you feel about Symbol?

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What makes Symbol special?
Symbol is a on its own, uses to validate transactions, and is. Symbol also supports.

Interesting facts about Symbol

Here are some facts you may not already know about Symbol. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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XYM is the native token of Symbol's public blockchain and can be earned through staking, which is called harvesting in the Symbol ecosystem.

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Symbol is a hybrid blockchain that means decentralised, public chains and a data secure, private chains are linked.

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Symbol is creating a white label solution for blockchains that are interoperable with each other.

Symbol reviews from the cryptohunt community

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Symbol price and insights

See how much Symbol is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
No reviews yet
0% feel totally fine about Symbol today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
5,671
9% of them are active
# Telegram members
-
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Symbol, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
5,671
# Active Discord members
530
# Telegram members
-
# Active Telegram members
-

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