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Key data
updated $0Market cap$6.06M
Volume 24h$13.79K
Circulating supply90M30% of max 300M
Influence Coin (INC) is a cryptocurrency built on a Proof-of-Stake blockchain, meaning new blocks are created by validators who lock up their coins rather than by energy-hungry mining rigs. In simple terms, INC is a digital asset designed to reward participation in its network — the more you stake and the more actively you help secure the system, the more you contribute to how it runs. It's one of many projects aiming to make blockchain operations cheaper and more accessible than the classic Bitcoin-style mining model.
Frequently asked questions
What is Influence Coin and how is it different from Bitcoin?
Influence Coin (INC) is a Proof-of-Stake cryptocurrency, while Bitcoin relies on Proof-of-Work mining. The key practical difference is that INC doesn't require specialized mining hardware or massive electricity consumption — instead, network participants validate transactions by staking their coins. This typically makes transactions faster and fees lower than on legacy mining-based chains.
How does the Proof-of-Stake consensus work for INC?
In a Proof-of-Stake system like the one INC uses, validators are chosen to create new blocks based on the amount of coins they lock up as collateral, often combined with how long they've been staking. If a validator acts dishonestly, their staked coins can be penalized, which keeps the network secure without mining. Anyone holding INC can typically participate by staking directly or through a staking pool.
How is the supply of INC issued?
New INC coins are generated as rewards for validators who stake their holdings and confirm transactions, rather than through competitive mining. This means emission is distributed among participants proportionally to their stake and activity in securing the network. For the exact current supply figures and distribution details, check the project's official documentation, as these numbers change as blocks are produced.
Where and how can you store and use Influence Coin?
Since INC is a staking-based coin, the most common storage option is a wallet that supports staking — either the project's official wallet or a compatible third-party one, which lets you earn rewards while holding. Keeping coins on an exchange is possible if it lists INC, but then the exchange controls the keys, not you. Beyond holding and staking, INC can be used for transfers and whatever utility the project has built around it, so check its official site for supported use cases.