CHEQD NETWORK Price

CHEQD NETWORK (CHEQ) is a cryptocurrency designed to revolutionize digital identity and data management. Launched in 2026, it operates on the Ethereum platform and is part of the Cosmos ecosystem. CHEQD NETWORK aims to create a secure, transparent, and decentralized infrastructure for self-sovereign identity solutions. Currently ranked #1385 on CoinMarketCap, CHEQD NETWORK is trading at $0.00611 with a 24-hour trading volume of $14.98K. The token has a circulating supply of 973.17M CHEQ and a total supply of 1B CHEQ. Its market capitalization stands at $5.94M. CHEQD NETWORK serves multiple functions within its ecosystem, including governance, staking, and facilitating transactions. The project focuses on providing individuals and organizations with greater control over their digital identities while ensuring data privacy and security. As CHEQD NETWORK continues to develop its technology and expand its partnerships, it has the potential to play a significant role in shaping the future of digital identity management and decentralized web technologies. With its innovative approach and strong community support, CHEQD NETWORK is positioning itself as a key player in the evolving landscape of blockchain-based identity solutions.

CHEQD NETWORK cryptocurrency was created on November 26, 2021. It was launched as a token on the Ethereum platform with the goal of providing decentralized identity solutions. Since its inception, CHEQD NETWORK has been working to develop a robust ecosystem for self-sovereign identity and verifiable credentials. The project aims to enable individuals and organizations to have greater control over their digital identities while ensuring privacy and security. As of 2026-02-02, CHEQD NETWORK has established itself as a notable player in the identity management space within the blockchain industry, with ongoing development and partnerships to expand its use cases and adoption.

The founder of CHEQD NETWORK is Chris Butcher. He established the project with the goal of making cryptocurrency payments more accessible to the general public. CHEQD NETWORK supports multiple blockchain networks, including Ethereum, Binance Smart Chain, and Polygon. The platform aims to simplify crypto transactions and demonstrate the practical value of digital currencies in everyday use. By creating a user-friendly interface and supporting various blockchain ecosystems, CHEQD NETWORK seeks to bridge the gap between cryptocurrency enthusiasts and mainstream users, potentially driving wider adoption of digital assets for everyday payments.

CHEQD NETWORK operates as a decentralized cryptocurrency on the Ethereum blockchain, focusing on identity management and verification in the Web3 ecosystem. It utilizes smart contracts to enable secure and transparent transactions. CHEQD NETWORK tokens (CHEQ) can be used for various purposes within the network, including paying for identity verification services, staking for network security, and governance voting. The total supply of CHEQD NETWORK is capped at 1B CHEQ, with 973.17M CHEQ currently in circulation. The token's value is determined by market demand and its utility within the CHEQD NETWORK ecosystem. As of 2026-02-02, CHEQD NETWORK is trading at $0.00611 with a market cap of $5.94M. The project aims to revolutionize digital identity management, making it more secure, efficient, and user-controlled in the evolving Web3 landscape.

CHEQD NETWORK is built on the Ethereum platform, utilizing its robust smart contract capabilities. The technical architecture of CHEQD NETWORK leverages Ethereum's ERC-20 token standard, ensuring compatibility with a wide range of decentralized applications and wallets. CHEQD NETWORK employs a Proof-of-Stake (PoS) consensus mechanism, which enhances energy efficiency and scalability compared to traditional Proof-of-Work systems. The network utilizes a unique identity management system, allowing for secure and verifiable digital identities. CHEQD NETWORK's architecture also incorporates interoperability features, enabling seamless integration with other blockchain networks, particularly within the Cosmos ecosystem. The platform's design prioritizes privacy and security, implementing advanced cryptographic techniques to protect user data and transactions. With a total supply of 1B CHEQ tokens, CHEQD NETWORK aims to provide a scalable and efficient infrastructure for decentralized identity solutions and related applications in the Web3 space.

The future of CHEQD NETWORK looks promising, with projections indicating potential growth. By 2027, CHEQD NETWORK is expected to reach $0.00611, while 2028 could see it climb to $0.00632. The roadmap focuses on enhancing identity solutions and expanding ecosystem partnerships. Key milestones include improving scalability, implementing advanced privacy features, and integrating with major blockchain networks. CHEQD NETWORK aims to become a leading platform for decentralized identity management by 2031. The team is also working on governance upgrades and interoperability protocols to foster wider adoption. While market volatility may persist, long-term prospects remain positive as CHEQD NETWORK continues to innovate in the digital identity space. Investors should monitor developments closely, as successful execution of the roadmap could significantly impact CHEQD NETWORK's value and utility in the coming years.