Symbol company info

What does Symbol do?
Symbol (CRYPTO:XYM) is an open-source blockchain platform designed to connect businesses to the blockchain, reducing cost complexities and creating value. It utilizes a PoS+ consensus mechanism for improved efficiency. As a public blockchain, Symbol allows anyone to participate and is secured by validators staking XYM tokens. Its transactions are fast, with sub-1 second average times and low fees. Symbol's projects aim at platform enhancement, ecosystem expansion, and partnerships. Its objectives include simplifying business blockchain adoption, reducing costs, and providing security and reliability. Symbol's focus on security, scalability, and performance positions it as an attractive choice for businesses looking to leverage blockchain technology.
Company Snapshot

How many people does Symbol employ?

people
Employees
51-200

What is the market cap for Symbol?

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Market Cap
$127.5M

Where is the head office for Symbol?

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Head Office
Singapore

What year was Symbol founded?

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Year Founded
2019
What does Symbol specialise in?

What are the products and/or services of Symbol?

Overview of Symbol offerings
A strong community: Symbol has a strong community of developers and users who are committed to supporting the platform and its growth.
A variety of use cases: Symbol can be used for a variety of purposes, including payments, asset management, and supply chain management.
Easy integration for businesses: Symbol offers a variety of tools and resources to help businesses integrate with the blockchain, including a graphical user interface (GUI) wallet, a software development kit (SDK), and a variety of documentation.
Low transaction fees: Symbol transaction fees are very low, which makes it an attractive option for businesses and individuals who need to make frequent transactions.
Scalability and performance: Symbol is designed to be scalable and performant, which means that it can handle a large number of transactions without sacrificing speed or security.
Secure and reliable transactions: Symbol uses a proof-of-stake+ (PoS+) consensus mechanism to secure the network and process transactions quickly and efficiently.

Who is in the executive team of Symbol?

Symbol leadership team
  • Baha
    Baha
    Core Team
  • BloodyRookie
    BloodyRookie
    Core Team
  • CryptoBeliever
    CryptoBeliever
    Core Team
  • Gimre
    Gimre
    Core Team
  • Hatchet
    Hatchet
    Core Team
  • Jaguar
    Jaguar
    Core Team
  • NEMBear
    NEMBear
    Community Member
  • Radio Radio
    Radio Radio
    Community Member