Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$0.01
Volume 24h$141.23
Circulating supply4.95B
Innovative Bioresearch (ticker INNBC) is a cryptocurrency token created by an Italian biotech startup working on medical research, including studies related to HIV and regenerative medicine. In simple terms, it's a digital token built on a blockchain that the company uses to fund and support its scientific work. Unlike mainstream coins like Bitcoin, INNBC is a project-specific token rather than a general-purpose currency.
Frequently asked questions
What is INNBC and how is it different from Bitcoin?
INNBC is a token issued by Innovative Bioresearch, a biotech company, to support its medical research projects. Unlike Bitcoin, which is a standalone cryptocurrency with its own blockchain, INNBC is a token built on the Ethereum blockchain as a smart contract. Its purpose is tied to the company's scientific mission rather than serving as a general payment network.
How does INNBC work technically?
INNBC runs as a smart contract on the Ethereum blockchain, with the contract address 0x85558055812f19eb084b8ba327470e84ad795b11. This means it relies on Ethereum's network for security and transaction validation, using the established proof-of-stake consensus mechanism. You can always verify the token and its transactions by checking the contract address on a blockchain explorer.
How was INNBC issued and what is its supply model?
INNBC was created with a very large fixed maximum supply, which was a deliberate choice by the project to keep individual token prices low. The tokens were pre-mined rather than generated through mining or staking rewards. You can check the current circulating supply and distribution details directly on the blockchain or on the project's official site.
How can I store and use INNBC tokens?
Since INNBC is an Ethereum-based token, it can be stored in any wallet that supports ERC-20 tokens, such as MetaMask or hardware wallets like Ledger. You'll need some ETH in the same wallet to cover network transaction fees when moving tokens. Always double-check the official contract address before sending or receiving tokens to avoid fakes.