Related information

Issue Time

2021-02-10

Platform pertained to

Current price

$0.022543USD

Market Cap

$1.824mUSD

Volume of Transaction

24h

$88,737USD

Circulating supply

292.962mUMB

Volume of Transaction

$1.03mUSD

Change

24h

+265%

Number of Markets

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UMB Price Chart

Introduction

Markets

+255.68%

+265%

+240.11%

+184.74%

+257.14%

All

-98.8%

Umbrella Network is a decentralized oracle service that provides scalable, low-cost, and secure data solutions to the blockchain ecosystem. It aims to bridge the gap between real-world data and smart contracts, enabling decentralized applications (dApps) to function more effectively with accurate and timely information. Umbrella Network utilizes a unique layer-2 technology to aggregate data before writing it to the blockchain, significantly reducing transaction costs and improving efficiency.

The platform's native token, UMB, is used for governance, staking, and paying for data services within the ecosystem. Token holders can participate in decision-making processes and contribute to the network's security by staking their UMB.

By offering a wide range of data sets beyond simple price feeds—including sports, weather, and random number generation—Umbrella Network stands out as a comprehensive oracle solution. This versatility makes it valuable for various industries looking to integrate blockchain technology into their operations.

UMB Market

Exchange

Score

24h trading volume

Percentage

Updated

User Reviews

9 ratings

Participate in evaluation

Steve Tang

The community engagement content lacks depth and fails to evoke any meaningful emotions. It lacks appeal and fails to captivate the audience.

2024-05-24 11:56

ChongHang Lee

The liquidity content of UMB Bonus lacks depth and fails to excite. There are issues with transparency and communication, hindering its potential for growth.

2024-05-04 11:05

Joshua Lim

The content provides a comprehensive overview of UMB's potential and market performance, highlighting its unique features and competitive advantages. It discusses the team's experience, transparency, and community engagement, as well as the tokenomics and security aspects. The analysis touches on regulatory factors, user adoption, and price volatility, presenting a balanced perspective on the cryptocurrency's long-term prospects.

2024-07-01 09:31

Kenny Cheong

Engaging community discussions with a passionate user base, UMB's sentiment content is informative and emotive, reflecting the project's commitment to transparency and communication.

2024-04-24 12:03

Làg Khói Trắg

The blockchain technology of UMB is innovative and scalable, with a strong consensus mechanism and focus on anonymity. It has practical applications and high market demand, supported by a reputable and experienced team. The token economy is well-designed, ensuring sustainability and a secure environment. Despite regulatory challenges, UMB stands out from competitors with a strong community and potential for long-term growth in a volatile market.

2024-03-22 09:12

Anandaraj Vijayakumar

Great potential in terms of scalability, consensus mechanisms, and anonymity. Strong team with a transparent track record. Growing user base and developer activity. Solid tokenomics and strong community trust. Regulatory considerations and competition are key factors to watch. Exciting volatility and promising rewards ahead.

2024-03-04 10:11

Cs Teh

This project stands out among its competitors due to its innovative approach and strong community support, offering great potential for growth and development in the future.

2024-07-03 09:14

Nutthpan Net

This cryptocurrency has a solid foundation with innovative technology, strong team, and growing community support. Its potential for real-world applications and market demand make it a promising investment opportunity.

2024-06-02 14:39

Tengku Ghazali

The technology behind UMB Technology is cutting-edge, ensuring scalability, consensus, and anonymity. Its practical applications address real-world issues and meet market demands effectively. The team is highly experienced, reputable, and transparent, boosting user adoption and developer engagement. The token economics are well-balanced, ensuring sustainability and value appreciation. With a solid security track record and community trust, UMB is poised to thrive in the evolving regulatory landscape. Its competitive edge lies in its unique features and differentiation from similar projects. The active and supportive community fosters positive sentiment and collaboration, enhancing UMB's potential for long-term growth and rewards.

2024-05-24 11:22