ASH to USD Price Chart

What is the current price of ASH?

As of now, the price of ASH is $ 0.65206000, which represents a decreased of -2.52% over the past 24 hours. This fluctuation is part of the normal volatility in the cryptocurrency market.

What is ASH?

ASH is a cryptocurrency that operates on the Ethereum network and is associated with Burn.art, a platform that offers a unique interaction with non-fungible tokens (NFTs). Burn.art allows users to "burn" NFTs to receive ASH tokens in return. This innovative concept merges the worlds of digital art and cryptocurrency, giving new life to the concept of value in the NFT space.

Who created ASH?

ASH was created by an artist known as Murat PAK. PAK is an acclaimed digital artist and a prominent figure in the NFT community. With a reputation for pushing the boundaries of digital art, the creation of ASH as part of the Burn.art project aligns with PAK's vision to explore new forms of artistic expression and value.

How does burning an NFT for ASH work?

Burning an NFT for ASH is a process where users can permanently destroy a digital art piece, an NFT, on the Burn.art platform in exchange for a certain amount of ASH tokens. The concept behind this is to introduce scarcity and redefine ownership by removing the NFT from circulation and rewarding the user with ASH, which holds its own value and can be traded or held.

What makes ASH unique?

ASH stands out in the cryptocurrency ecosystem due to its novel mechanism of NFT burning. This process of "converting" art into a cryptocurrency adds a physical-like property of burnability to digital items, emphasizing the ideas of scarcity and value transformation in the digital realm. ASH challenges the perception of digital assets and proposes a new way to assess their worth.

How is the ASH network secured?

Since ASH is an ERC-20 token, it benefits from the security protocols of the Ethereum blockchain. Ethereum is known for its robust security features, which include cryptographic techniques, decentralized consensus mechanisms, and regular protocol updates. This ensures that ASH transactions are secure and the network is resistant to various types of cyber threats.

How much ASH is in circulation?

The circulating supply of ASH is currently tokens. It's essential to note that the mechanism of NFT burning for ASH can affect the token economics by potentially reducing the number of ASH tokens over time as more NFTs are burned.

What is ASH's role in the art and NFT ecosystem?

ASH's role in the art and NFT ecosystem is closely tied to its function on the Burn.art platform. By allowing artists and collectors to burn NFTs, ASH introduces a dynamic method for individuals to interact with digital art. It represents an alternative approach to art collection, where the burning process creates a new form of artistic statement and the derived ASH tokens reflect the transformed value.

How can ASH's technology be upgraded?

Technology upgrades for ASH would follow the development pathways of the underlying Ethereum blockchain, as ASH is an ERC-20 token. Ethereum's transition to proof-of-stake with Ethereum 2.0 and other improvements, such as scaling solutions, can directly impact ASH's performance, scalability, and sustainability.

Who are the major users of ASH?

The major users of ASH are likely to be digital artists, NFT collectors, and participants in the wider crypto art community. These users are attracted to the unique proposition of the Burn.art platform and the value dynamics introduced by the ability to burn NFTs in exchange for cryptocurrency.

Where can you buy ASH?

ASH can be purchased on various exchanges, with the list of supported exchanges being continually updated. Users can refer to the cryptocurrency tracking website for the latest information on where ASH is currently available, including the most popular Gemini.

How can you keep your ASH safe?

To keep your ASH safe, it is fundamental to use secure wallets that support ERC-20 tokens. This entails hardware wallets, which offer offline storage for added security, or software wallets with strong security features. It's also important to practice good security habits, such as using strong, unique passwords, two-factor authentication, and being cautious of phishing attempts.

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