CirusPrice

(CIRUS)

Cirus is a Web3 project managed by the Cirus Foundation that aims to transition users into the ownership economy by allowing them to own, manage, and monetize their personal data. The project operates on the premise that while big data is highly valuable, the individuals who generate it rarely see any of the profits. Cirus seeks to change this by providing tools that turn user data into a digital asset. The ecosystem is built around three main components. First is the Cirus Wallet, which is available as a browser extension and a mobile application. This multi-chain wallet serves as the primary gateway for users to manage their digital assets and interact with decentralized finance applications. Second is the Cirus Core Platform, a software suite that handles the collection and organization of data while ensuring that users maintain absolute control over their privacy. Third is the Cirus Device, a specialized WiFi router designed to replace standard home routers. This hardware collects authorized data from all internet-enabled devices in a household to maximize the value of the user's data profile. The CIRUS token serves as the native utility currency for this entire ecosystem. It has several distinct functions beyond being a simple medium of exchange. It is used as a settlement currency for data remittances, meaning users are compensated in tokens for the data they choose to share. Additionally, the token is used to pay for transaction fees on the network and provides authentication for the hardware devices. Holders can also use the token to unlock exclusive applications within the Web3 Labs part of the ecosystem or participate in network security through staking and running nodes. Technologically, the project leverages the Cirus Confluence Network, which acts as a foundational layer for identity management and data provenance. This ensures that data remains authentic and traceable back to the owner. The project is built using blockchain technology, primarily operating on the Ethereum and Polygon networks to ensure security and scalability. By integrating hardware and software, Cirus attempts to create a seamless onramp for everyday internet users to enter the Web3 space without needing extensive technical knowledge. The long-term goal of the foundation is to foster a decentralized internet where individuals are the primary beneficiaries of the digital value they create through their online activity. Learn more

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