Guides to Cryptocurrencies

Maker (MKR) Cryptocurrency and Blockchain Guide

Maker Logo

What is Maker (MKR)?

Maker is an Ethereum blockchain based smart contract platform that backs and produce a stablecoin named “Dai” for anyone who leverage their Ethereum assets on its ecosystem. MKR is its native cryptocurrency that can be used as governance token to vote for proposal contracts that can gain system administrative access.


Overview


Full name: Maker

Blockchain: Ethereum

Ticker Symbol: MKR

Launch Date: 31 March 2015

Total Supply: 1,000,000 MKR

Related Stablecoin: Dai

Block Explorer: etherscan.io

Email Support: press@makerdao.com


Native Token


MKR token is Maker's native cryptocurrency coin that can be generated via the Ethereum ecosystem for users to pay for transaction fees. Holders of MKR tokens can vote for governance change and manage risks for the Maker platform. Users cannot mine MKR tokens, but they can purchase it through Bibox cryptocurrency exchange.


Team


CEO: Rune Christensen

President and COO: Steven Becker

Head of Engineering: Wouter Kampmann


Links


Official Website

Bulletin Board

Blog

Whitepaper


Next Page


Back to Cryptocurrencies Menu