Constellation Labs DAG
Report IssueConstellation Labs aims to compete in the next generation network by hosting what we now know as blockchain - the DAG era. Constellation will be a fault-tolerant, scale-out, distributed operating system that runs smart contracts as microservices, all built using the JVM for its programming language and DAG architecture.
Details
$0.036
-6.86%
#349
Blockchain Service
ByBit 
Gate 
Score Sentiment Neutral
Fundraising Statistics
$0.04 -6.86%
$0.046
DAGConstellation Labs
USDCUSD Coin
Short Review Constellation Labs
Crypto project Constellation Labs (DAG) is classified as a Blockchain Service. Constellation Labs is a Utility token that is hosted on the Ethereum Network. The current total supply is 3.55 B DAG (Circulating Supply + Tokens yet to be released - Burned Tokens). (18% of total tokens) have been allocated for the public sale.
Constellation Labs ICO Overview
Public sale of tokens will take place on the Gate Launchpad. Estimated date for the public token sale: 15 June 2018. Constellation Labs (DAG) price during the token sale: 0.046 USD.
DAG Price Chart
The launch of DAG token trading took place on 20 June 2018.
Fundraising Rounds
Total sold 760.12 M DAG tokens (19.00% of total tokens). Total amount of funds raised by the Constellation Labs project is $33.70 M.
| Investment Round | Date | Price | Funds Raised |
| Airdrop | July 7, 2018 | -- | -- |
| Private Round | January 2018 | $0.046156 | $33.70 M |
Constellation Labs Investors
Constellation Cryptocurrency (DAG)
Constellation is a distributed network that offers fast and scalable solutions for individuals or organizations that need to securely process and transmit data. In other words, Constellation is a protocol that uses a directed acyclic graph architecture to achieve consensus, theoretically allowing for infinite scalability. DAG is a token used on the Hypergraph Constellation decentralized network. DAG is also called the financial health channel of this network. As a cryptocurrency, DAG is intended to connect all components of the network. Thus, the DAG enables both exchange and interaction between the various government channels and nodes that make up the network. Additionally, the DAG token can be used to run a node in the Constellation Hypergraph HGTP protocol for data and transaction verification. DAG can also be used to earn validator rewards.
History of the Constellation project
The Constellation Network project was first created in 2018. Since then it has changed, improved and developed. A team of developers scattered all over the world worked on the project, but united by one goal - to change our world for the better. Constellation is headquartered in San Francisco and has a core team of 10 people. They include four co-founders: CEO Ben Jorgensen, CTO Wyatt Meldman-Floch, CSO Benjamin Diggles and COO Mathias Goldmann. In addition, the team has several advisors and members.
Advantages of Constellation (DAG)
- No commissions for regular customers. Basic users don't have to pay for the speed, security, and L_0 consensus that Constellation, Hypergraph, and HGTP provide.
- Infinite scalability. As more users and devices connect to the network and the network size increases, the network speed also increases.
- Digital currency packaging. The digital currency wrapper provides liquidity to cross-chain ecosystems on the Hypergraph network.
Disadvantages of Constellation (DAG)
- A large number of competitors in the market. Every day new decentralized exchanges and applications appear that offer solutions to pressing problems. Therefore, Constellation has many competitors. However, it is these competitors that motivate the project to be on top and constantly develop.
- Low speed of transaction verification. Transaction verification is delayed if there are only a few participants in the network.
