ROOT
$0.0001266265415736468

The Root Network (ROOT) Price

$0.0001266265415736468

The Root Network (ROOT) Price Today

The live price of The Root Network is 0.0001266265415736468 USD. In the past 24 hours, the trading volume of The Root Network was 45,924.06 USD, down by -5.10%. The current price has decreased by -10.85% from its 7-day high of 0.13 USD, and increased by 0.00007831% from its 7-day low of 0.00007831 USD. With a circulating supply of 12,000,000,000.00 The Root Network, the market cap of The Root Network is currently 10,010,715.00 USD, down by 0% in the last 24 hours. The Root Network currently ranks #4066 by market capitalization among cryptocurrencies.

The Root Network (ROOT) Market Data

Market Cap
$355.6K
24h Volume
$45.9K
Circulating Supply
3B ROOT
Maximum Supply
12B ROOT
Fully Diluted Market Cap
$1.4M
Liquidity Indicator
12.91%
About
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FAQ

About The Root Network (ROOT)

How can I buy The Root Network (ROOT)?

You can buy The Root Network (ROOT) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy The Root Network guide for details. Sign up with BingX to trade ROOT first when it goes live.

What Is The Root Network (ROOT) and How Does It Work?


The Root Network (ROOT) is a next-generation Layer-1 blockchain designed to support the open metaverse, gaming, and digital identity at scale. Built by the team behind Futureverse, the network focuses on powering interoperable digital worlds where assets, avatars, and identities can move seamlessly across applications. Its core goal is to provide the infrastructure needed for immersive Web3 experiences while remaining developer-friendly and user-centric.

At a technical level, The Root Network operates as a modular Layer-1 that integrates EVM compatibility with custom runtime features optimized for gaming and metaverse use cases. It introduces a dual-token system where ROOT is used for staking, governance, and network security, while a gas token model abstracts transaction fees to improve user experience. This design allows developers to build applications where end users can interact without directly managing gas, a key barrier to mainstream adoption.

The network also emphasizes interoperability and identity through native support for NFTs, digital avatars, and cross-chain assets. By combining blockchain infrastructure with identity, AI, and content layers, The Root Network enables applications such as on-chain games, virtual worlds, digital collectibles, and social platforms to share liquidity and users. In practice, ROOT secures the network, aligns incentives among validators and builders, and underpins an ecosystem designed for scalable, consumer-ready Web3 applications.

When Did The Root Network Launch?


The Root Network is a Layer-1 blockchain project developed to serve as a foundational hub for the open metaverse, combining interoperability, user-centric tools, and digital content protocols. It traces its origins to Futureverse and FLUF World, led by founders including Aaron McDonald, Shara Senderoff, Marco Brondani, and Daniel Gillespie, with the broader Futureverse initiative bringing together multiple tech and content companies to build metaverse infrastructure. The ROOT token and network began its journey in mid-2023 with the Token Generation Event and mainnet launch, marking its first public availability and ecosystem rollout in July 2023.

The Root Network Roadmap Highlights


- Jul 2023: Token Generation Event (TGE) and Mainnet deployment of The Root Network.

- Aug–Sep 2023: Staking launch and early ecosystem infrastructure, including initial DEXs.

- 2024: Network upgrades (Substrate improvements, validator expansion), NFT tools, cross-chain bridges, and Core developer integrations.

- 2025 and Beyond: Expanded open gaming ecosystem, cross-chain interoperability, decentralization enhancements, and broader adoption initiatives.

What Is the ROOT Token Utility?


The ROOT token is the native utility and governance token of The Root Network, serving several key functions that help secure and govern the blockchain. It is used to participate in network governance, allowing holders to vote on protocol upgrades, software and runtime changes, and decisions that shape the future of the ecosystem. ROOT is also integral to network security; validators and delegators stake ROOT in the Proof-of-Stake (PoS) consensus mechanism to validate transactions and help protect the chain, earning staking rewards in return. Additionally, ROOT is used within the network’s economic model to align incentives and support sustainable operations across applications built on the platform.

You can trade ROOT tokens on the BingX Spot Market by logging into your BingX account, navigating to the Spot trading section, and searching for the ROOT/USDT trading pair. Once you’ve selected the pair, you can place market or limit orders to buy or sell ROOT directly at current or desired prices, and trades execute immediately once conditions are met.

What Is The Root Network Tokenomics?


The ROOT token has a fixed maximum supply of 12,000,000,000 tokens, distributed across multiple pools to support ecosystem growth, security, and long-term decentralization.

ROOT Token Allocation


- Community Rewards – 20%: Allocated to monthly ecosystem challenges, with rewards determined by each user’s FutureScore, a dynamic metric powered by FuturePass that reflects asset ownership, rarity, holding duration, on-chain activity, and broader ecosystem contributions.

- Land Mechanics – 20%: Reserved for in-game and metaverse mechanics within The Third Kingdom, with detailed implementation outlined in the upcoming Third Kingdom whitepaper.

- Ecosystem Development Fund – 10%: Designed to incentivize developers, artists, and IP holders to build applications, content, and experiences on The Root Network.

- Block Reward Bootstrap – 10%: Distributed to validators and stakers over 260 weeks to bootstrap network security while the transaction fee economy matures.

- CENNZ Burn-to-Mine – 10%: Enables CENNZ token holders to burn CENNZ and receive ROOT at a 1:1 ratio over time, reflecting deep technical collaboration with the CENNZnet ecosystem.

- Futureverse – 15%: Allocated to Futureverse as the core developer, locked for 100 weeks and then vested over an additional 100 weeks.

- Liquidity Providers – 5%: Incentives for liquidity providers supporting ROOT markets and on-chain liquidity.

- DAO Treasury – 5%: Managed by the DAO, locked for 50 weeks, and used for governance-approved ecosystem initiatives.

- Advisors – 5%: Allocated to core advisors and IP contributors, locked for 100 weeks and vested over 100 weeks.

How to Stake ROOT Tokens on The Root Network


Staking ROOT tokens allows you to help secure The Root Network while earning staking rewards. The process is designed to be straightforward and user-friendly, especially for long-term holders who want to participate in network governance and validation.

Step-by-Step Guide to Staking ROOT


1. Set up a compatible wallet: Use a wallet that supports The Root Network and ROOT tokens, such as a network-native or compatible Web3 wallet. Ensure your wallet is connected to the Root Network mainnet.

2. Acquire ROOT tokens: Buy ROOT on a supported exchange like BingX or receive them via transfer, then send the tokens to your wallet address on The Root Network.

3. Access the staking interface: Visit the official Root Network staking portal and connect your wallet securely.

4. Choose a validator: Browse the list of active validators and review key metrics such as uptime, commission rate, and total stake before selecting one.

5. Delegate and stake: Enter the amount of ROOT you wish to stake and confirm the transaction in your wallet.

6. Earn rewards: Staking rewards accrue over time and can usually be claimed or restaked, depending on network rules.

Keep in mind that staked ROOT tokens are typically locked for a bonding or unbonding period, meaning they cannot be withdrawn instantly. Always review validator performance and network parameters before staking, as rewards and risks can vary based on network conditions.

 

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