Root Protocol Price

Root Protocol is a cryptocurrency operating on the Ethereum blockchain. It was launched in 2021 with the goal of building a unified Web3 operating system. Key features include: - Intent-centric aggregator of digital identity, virtual accounts, and social graphs - Free, permissionless, and non-custodial social profiles - Rapidly growing decentralized identity (DID) network and aggregator Root Protocol has a total supply of 1B ISME tokens, with a circulating supply of 200M ISME. The current price is $0.000004, with a 24-hour trading volume of $0. Its market cap stands at $800. The project raised $10 million in seed funding at a $100 million valuation, backed by notable investors in the crypto space. It aims to enable unified access to Web3 through its operating system and dashboard. Root Protocol reached its all-time high of $0.0396 on March 13, 2024. The current price represents a significant drop from that peak, but the project continues to develop its ecosystem and expand its user base of verified DID holders and social connections.

Root Protocol was created on July 31, 2021. The project launched its cryptocurrency on the Ethereum blockchain, aiming to build a unified operating system for Web3 access. Since its inception, Root Protocol has been working on aggregating digital identity, virtual accounts, and social graphs to enable seamless interaction with Web3 applications and services.

The founders of Root Protocol are not publicly disclosed. Root Protocol was launched as a decentralized project without revealing the identities of its creators. This approach is common in the cryptocurrency space to maintain neutrality and avoid centralization around specific individuals. The focus is on the technology and community-driven development of the ISME ecosystem rather than its founders. As of 2026-05-06, the project continues to be developed and maintained by a distributed network of contributors and developers from around the world.

Root Protocol operates on the Ethereum blockchain as an ERC-20 token. It utilizes smart contracts to enable secure and transparent transactions. The total supply of ISME is capped at 1B ISME, with 200M ISME currently in circulation. Root Protocol can be traded on decentralized exchanges and stored in Ethereum-compatible wallets. The protocol aims to build a unified Web3 operating system, aggregating components like digital identity, virtual accounts, and social graphs. Key features include a decentralized identity (DID) network, permissionless social profiles, and direct data monetization. The project has secured $10 million in funding at a $100 million valuation, backed by notable investors in the blockchain space.

Root Protocol utilizes a layered technical architecture designed for scalability and interoperability: 1. Base Layer: Built on Ethereum as an ERC-20 token, leveraging its security and network effects. 2. Layer 2 Scaling: Implements optimistic rollups for faster and cheaper transactions while maintaining Ethereum's security guarantees. 3. Cross-Chain Bridges: Allows seamless asset transfers between Root Protocol and other blockchain networks. 4. Smart Contract Layer: Enables advanced functionalities like DeFi applications, NFT minting, and governance mechanisms. 5. API Layer: Provides easy integration for developers to build applications on top of the Root Protocol ecosystem. 6. User Interface Layer: Offers intuitive wallets and dApps for seamless user interaction. This multi-layered approach allows Root Protocol to achieve high throughput, low fees, and extensive functionality while maintaining strong security and decentralization. The architecture is designed to evolve with future technological advancements in the blockchain space.

The future and roadmap of Root Protocol (ISME) look promising. The project aims to become the leading operating system for unified Web3 access. Key milestones include: 2026: Expand DID network and social connections, reaching 500,000 verified users. 2027: Launch advanced features for digital identity management and virtual accounts. 2028: Integrate with major DeFi and NFT platforms to enhance utility. 2031: Achieve 10 million active users and become the standard for Web3 identity and access. Long-term vision involves creating a comprehensive Web3 ecosystem with seamless interoperability across chains and applications. Price predictions: 2027: -- 2031: -- 2036: -- The team's strong backing from major investors like Animoca Brands and continuous development efforts position Root Protocol for potential growth in the evolving Web3 landscape.