OriginTrail (TRAC)
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Price of OriginTrail today in real time
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Historical price evolution of OriginTrail
Daily historical data. Updated automatically.
OriginTrail was born in 2011 when Žiga Drev, Tomaž Levak and Branimir Rakić formed its founding team in Slovenia, contributing specific expertise in supply chain and data standardisation. Between 2013 and 2016, the project developed its first supply chain traceability pilots in Europe, covering sectors such as organic meat, dairy, poultry and vegetables, with integration into established ERP systems like Microsoft Navision and SAP.
In 2017, the team integrated the protocol with Ethereum and expanded its geographical presence by opening an office in Shanghai to drive enterprise adoption in Asia. The following year marked a financial milestone when Trace Labs launched the TRAC ICO in January 2018, raising $22.5 million in less than 20 minutes. The token debuted as an ERC-20 on Ethereum with a fixed maximum supply of 500 million units, all minted simultaneously.
The year 2019 brought the launch of OriginTrail's permissionless mainnet, whilst Trace Labs gained institutional recognition by winning the Walmart Food Safety Innovation Spark Award and being admitted to the Walmart Food Safety Collaboration Center in China. The TRAC token experienced significant volatility, reaching its all-time low of $0.003785 on 13th March 2020 during the market crash, before recovering to its all-time high of $0.8903 on 17th March 2021, driven by the NFT boom and growing interest in Web3 infrastructure.
In April 2022, Trace Labs published a second whitepaper that introduced real-world asset (RWA) tokenisation through the DKG and the Knowledge Assets framework. That same year, NeuroWeb (formerly OriginTrail Parachain) was launched, a layer 1 blockchain based on Substrate and secured by Polkadot, with its own NEURO token for gas and governance. During 2023, DKG V6 was deployed on NeuroWeb as the main multichain version, expanding to Gnosis and Base, and introducing ChatDKG for generative AI use cases on the knowledge graph.
The most recent updates began on 19th December 2024 with the start of the upgrade period to DKG V8.0 on NeuroWeb, Gnosis and Base, introducing batch minting of Knowledge Assets, a new rewards system and Edge Nodes to execute AI tasks on everyday devices. DKG V8.1.0 is scheduled for March 2025, which will replace the node proof mechanism with the random sampling system (RSPS) and launch the Collective Programmatic Treasury (CPT) with 60 million TRAC to reward ecosystem contributors. In December 2025, the Metcalfe Convergence strategic chapter was announced, which includes DKG integration into Microsoft Copilot via MCP and into AWS for data provenance in enterprise AI, with confirmed interoperability with Google Vertex AI, OpenAI and NVIDIA.
TRAC functions as the utility token of OriginTrail's Decentralised Knowledge Graph (DKG), a knowledge infrastructure built upon two interconnected layers. The trust layer utilises multiple blockchains (NeuroWeb, Gnosis and Base) to record the provenance, integrity and ownership of data through cryptographic hashes, whilst the knowledge layer operates as a peer-to-peer network where nodes store and replicate "Knowledge Assets", which are verifiable containers of structured data in RDF semantic format. These knowledge assets are located through Uniform Asset Locators (UALs) and their ownership is managed through ERC-1155 tokens.
The system's economic mechanism requires node operators to lock TRAC as collateral to participate in data hosting, acting as a guarantee of their honest behaviour. When publishers wish to create Knowledge Assets, they pay TRAC for the service, and these tokens are distributed as rewards amongst the nodes that replicate and maintain the data. To verify that nodes correctly comply with storage, the system utilises from DKG V8 version onwards a proof mechanism based on random sampling (RSPS) that periodically audits the integrity of stored data.
TRAC has a fixed maximum supply of 500 million units, all put into circulation from launch with no inflation or additional programmed emissions. The ecosystem operates under a two-token model: TRAC manages the internal DKG economy for data storage and replication, whilst NEURO, the native token of the NeuroWeb parachain on Polkadot, handles gas payment for transactions and governance of the underlying blockchain network.
Data verified against external sources. Some values may have changed since the last update.