According to the sale info of the Cypherium Project. The token used to operate the cypherium network is giving the network a pre-market capitalization of $225Million and its a large valuation.
A valuation that places Cypherium in the top 100 market capitalizations of projects in the crypto space. And from the obvious point of view, what is consider as the contribution to this valuation, are cypherium technology, company’s achievements, and thier future potential.
#Cypherium is an Enterprise-Ready Blockchain that is addressing the key shortcomings of existing public blockchain infrastructures and enabling interoperability in every corner of the ecosystem. Cypherium has been, over the last four years, one of the world’s premier blockchains and smart contracting platforms.
In reality, no technology can thrive without excellent business leadership and #Cypherium’s achievements as a company luckily match its great technical prowess, having demonstrated their tech through a use case with Randstad, one of the world’s largest HR providers. They ahve also fostered partnerships with IC3, Google Cloud, IBM, Amazon, Microsoft, Chainlink, Federal Reserve Board — US Faster Payments Council, and most recently, OMFIF — DMI.
More exciting things about the cypherium project, they are the only blockchain project that is directly in touch with the world’s leading central banks on central bank digital currency (CBDC) interoperability. And from the look of things, the team are so eager to continue with the next phase of the cypherium journey and are very excited to share their technology with the world.