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Threshold Network

T#476 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Threshold Network is for btcfi protocol. We have not written its record yet, so its promises are not checked. It trades at $0.0048, #430 of all coins by size, 98% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #3 of 17 btcfi protocols. Nothing to be careful of on the record.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
4 yearson the marketsince 2 March 2022
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3 of 4

  • A real-world jobReal-world purpose: btcfi protocol
  • Real backingBacking: trades on Binance, Upbit
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $53.12M, 8 times smaller than Pendle, the biggest coin within reach doing the same thing (BTCfi Protocol)

Listed on 2 big exchanges

  • Origin2 March 2022about about 4 yearsthreshold.network, GitHub, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorListed on Binance, Upbit
  • Standing on the recordNo recordNo dated promise to judge yet4 headlines last monthNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in BTCfi Protocol ($8.87M). To match the leader, Pendle ($408.74M), its price would need to rise 669%, to about $0.0367.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • No named investor among its tags
  • Only 4 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#3of 17 btcfi protocolsthe typical one is worth $8.87M
$53.12Mworth todayprice × coins out
$8.87Mthe typical rival is worthBTCfi Protocol
$408.74Mthe leader is worthPendle
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Btcfi protocol

17 coins tagged BTCfi Protocol, worth $758.65M together. #3 of 17 by worth.

BTCfi Protocol: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Threshold Network$53.12Mthis coin−0.5%no maxno record
  • Pendle$408.74M7.7× bigger, +$355.62M+4.8%, gap +5.3no maxnone dated
  • Bedrock$109.8M2.1× bigger, +$56.68M−8.9%, gap −8.530% outnone dated
  • Babylon$49.85M1.1× smaller, −$3.27M−14.6%, gap −14.2no max0 of 8 delivered
  • Lombard$43.83M1.2× smaller, −$9.29M−3.2%, gap −2.835% outno record
  • Solv Protocol$25.21M2.1× smaller, −$27.91M−4.3%, gap −3.957% outno record
  • Zest Protocol$18.49M2.9× smaller, −$34.63M+3.7%, gap +4.115% outno record
  • Bitlayer$13.06M4.1× smaller, −$40.06M+1.4%, gap +1.826% outno record
Same job, different how

BTCfi Protocol: this coin next to Pendle, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Threshold Network says
Threshold is a project merged from the NuCypher and Keep networks.
Pendle says
Pendle describes itself as a platform for trading crypto yield.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Threshold is a project merged from the NuCypher and Keep networks, which strives to provide different threshold cryptography solutions in a fully decentralized manner to the web3 community.

Problem it says it solves: btcfi protocol. 17 coins are working on it and together they are worth $758,651,450. This coin is 7% of that.

Where it trades: Binance, Upbit, BloFin, GroveX, Phemex

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

BTCfi Protocol: this coin next to the group's largest, Pendle.

Threshold NetworkPendle
Years trading5 years4 years
Major exchanges29
Named backers00
Headlines, last month427
Promises deliveredno recordno record

What it says is different: Threshold is a project merged from the NuCypher and Keep networks, which strives to provide different threshold cryptography solutions in a fully decentralized manner to the web3 community.

It is 13.0% the size of Pendle. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.0048price of one−0.5% today
98%below its highest ever$0 on 2 March 2022
100%of the supply is out11.15B coins
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The last 7 days

7 days ago: $0.0044now: $0.0048 (+11.5%)

Where today sits against its highest ever price

$0.0048

Highest ever: $0.2269 on 2 March 2022. Today is 2% of that.

100%

of all T that will ever exist is already out in public hands: 11.15B coins.

Nothing is held back. Every coin is already out.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$0.0048price of one
×
11.15Bcoins out
=
$53.12Mworth today, #430 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 11.15Bin circulation of 11.15B total. No hard maximum is set, so more can be created.
  • 2%of its all-time high of $0.2269 on 2 March 2022. That is −97.9% from the top.
  • #430by market cap, $53,121,665.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

4headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

4 headlines named this coin in the last month.

What they were about

    The record itself

    Qualifies for a record and its pages are captured daily, but the record has not been written yet.

    Pages saveddailycaptured every night
    Promisesnone yetno record drafted
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    Six facts, the project's own replies, its peers, contract facts, references and every stored copy