Maker

Maker is a cryptocurrency platform designed with the specific purpose of providing a non-USD-backed stablecoin. The Maker (MKR) token is an ERC 20-based digital asset established with the Ethereum technologies. The main focus of the project is the creation of a line of digital assets that connect to real-life assets such as currency, gold, etc. The Maker token is used for the decentralized governance within the platform. MKR token holders have the right to vote on the proposals of other platform’s participants. The Maker token is a very expensive token with the MRK price being over $580 at press time. Maker price history even showed a peak of over $1,670 per token on January 2018.