Media Network is a new protocol that bypasses traditional CDN providers’ centralized approach for a self-governed and open source solution where everyone can participate. Media Network creates a distributed bandwidth market that enables service providers such as media platforms to hire resources from the network and dynamically come and go as the demand for last-mile data delivery shifts. It allows anyone to organically serve content without introducing any trust assumptions or pre-authentication requirements. Participants earn MEDIA rewards for their bandwidth contributions, a fixed supply SPL token minted on Solana’s Blockchain.
Media Network Price Analysis
As of December 21 2024 Media Network has a marketcap of $3.7M.
This is {{percentagefromath}} from its all time high of $312.25.
In terms of its tokenomics, there's a total supply of 869K with 29% currently outstanding.
Keep in mind Media Network has a fully diluted value of $13M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
