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Witnet

Witnet is a decentralized oracle that enables smart contracts to access a variety of valuable data sets. It attests and delivers this information securely, thanks to its strong cryptoeconomic guarantees. Witnet runs on its own blockchain and relies on the WIT coin to incentivize independently run nodes that resolve the data requests and agree on the results.
What is Witnet?
Witnet is a decentralized oracle network that connects smart contracts to real-world data sources, enabling them to securely and reliably access external information. It aims to provide tamper-resistant data feeds for various blockchain applications, including DeFi, NFTs, and more.
How Does Witnet Work?
Witnet operates through a network of nodes called 'witnesses' that retrieve, validate, and deliver data to smart contracts. These nodes are incentivized with WIT tokens to perform their tasks accurately. The protocol employs cryptographic methods and economic incentives to ensure data integrity and prevent manipulation.
What Makes Witnet Unique?
Witnet stands out due to its focus on decentralization and security, offering a blockchain-agnostic solution that allows smart contracts to access a wide range of real-world data. Its unique Proof of Stake algorithm and native WIT token provide robust cryptoeconomic guarantees, ensuring reliable data delivery.
Who Are the Founders of Witnet?
Witnet was developed by Stampery, a company specializing in blockchain-based data certification. The team comprises experts in blockchain technology and cryptography, dedicated to enhancing the reliability and security of smart contracts through decentralized oracles.

Latest News

What Key Events Have There Been for Witnet?
Witnet has achieved several milestones, including the launch of its mainnet and the introduction of staking mechanisms. The project has also formed partnerships with various blockchain platforms to expand its ecosystem and enhance data availability for smart contracts.
Project Announcements
Recent updates include the launch of the Wit/2 protocol in March 2025, introducing enhanced features and improved security measures. The team has also announced plans for delegated staking, expected to be available in Q2 2025.

Upcoming Events

Sin datos

Projects Announcements

Where to Buy Witnet?
WIT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Witnet is MEXC, where the most active trading pair WIT/USDT has a trading volume of $100,509.10 in the last 24 hours.
Witnet Price
Daily Trading Volume
$100,509.10
All-Time High
$0.05668 on December 2, 2021, which is 98.4% below the current price.
All-Time Low
$0.0005460 on June 10, 2025, which is 63.4% above the current price.
Market Cap and Valuation
Market Cap
$1,190,320, ranking #3910.
Fully Diluted Valuation
$2,232,528, representing the maximum market cap assuming all 2.5 billion WIT tokens are in circulation.
Witnet Price Prediction
While specific price predictions are speculative, factors influencing WIT's price include market sentiment, adoption of the Witnet protocol, and overall trends in the cryptocurrency market. As of now, there are no available forecasts from reliable experts or publications.

FAQ

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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