I HOUSE TOKEN (IHT) API and Price Oracle

I HOUSE TOKEN API Logo

I HOUSE TOKEN

IHT
$
Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0xEda8...F31E
Network
Blockchain network where the asset is deployed
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Ethereum
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is I HOUSE TOKEN (IHT)?

IHT (I HOUSE TOKEN) is a cryptocurrency token that serves as the native currency for a blockchain-based real estate platform called i-House.com. The platform aims to enable investors to buy and sell real estate properties globally using distributed ledger technology. IHT was founded in 2017 by Ricky Ng, the founder and CEO of i-House.com. The token's name originates from the platform's focus on providing innovative housing solutions through blockchain technology.

How does I HOUSE TOKEN work?

The I HOUSE TOKEN operates on a blockchain technology called Ethereum. Ethereum is a decentralized platform that enables the creation and execution of smart contracts. Smart contracts are self-executing agreements with predefined terms and conditions, and they automatically facilitate the exchange of assets when specific conditions are met.

The I HOUSE TOKEN uses Ethereum's smart contract functionality to enable peer-to-peer transactions within the I HOUSE ecosystem. These transactions can include rental payments, property purchases, and other real estate-related activities. By leveraging blockchain technology, the I HOUSE TOKEN aims to provide a secure, transparent, and efficient platform for real estate transactions.

The I HOUSE TOKEN works by utilizing the Ethereum blockchain to record and validate every transaction. Each transaction is encoded into a block, which is then added to the blockchain's distributed ledger. This distributed ledger ensures that all transactions are transparent and cannot be tampered with.

Moreover, the I HOUSE TOKEN allows users to tokenize real estate assets, turning them into tradable digital assets. These tokens represent ownership of the properties and can be bought, sold, or traded on cryptocurrency exchanges or other platforms that support the I HOUSE TOKEN.

By utilizing blockchain technology and smart contracts, the I HOUSE TOKEN aims to streamline real estate transactions, reduce friction, and increase accessibility to the global real estate market.

What are the benefits of I HOUSE TOKEN?

The I HOUSE TOKEN offers several benefits compared to its direct competitors. One of the key advantages is its focus on the real estate industry. Unlike some other tokens, I HOUSE TOKEN specifically targets the real estate market, making it a more specialized and tailored option for those interested in investing in this sector.

Another benefit is its use of blockchain technology. The I HOUSE TOKEN leverages the power of blockchain to provide transparency, security, and immutability to its users. This means that transactions and ownership records are securely stored on the blockchain, reducing the risk of fraud or manipulation.

Additionally, the I HOUSE TOKEN aims to provide a global platform for real estate investments. By utilizing blockchain technology, it removes the barriers that traditionally limit cross-border real estate transactions. This opens up new opportunities for investors to diversify their portfolios and access real estate markets in different regions.

Compared to its competitors, the I HOUSE TOKEN stands out with its strong focus on community engagement and participation. The platform encourages users to actively contribute and participate in decision-making processes through voting and staking mechanisms. This fosters a sense of ownership and empowerment among token holders.

Overall, the I HOUSE TOKEN offers a unique combination of specialization in the real estate market, blockchain technology, global accessibility, and community engagement. These benefits make it an appealing option for individuals who are looking to invest in real estate using blockchain technology.

What is I HOUSE TOKEN used for?

The I HOUSE TOKEN is a utility token that serves various purposes within the I House platform. It is primarily used for transactions and payment within the platform ecosystem. Here are some common cases where the I HOUSE TOKEN is utilized:

1. Real Estate Transactions: One of the main use cases of the I HOUSE TOKEN is in real estate transactions. Users can use the token to buy, sell, or rent properties listed on the I House platform. The token enables fast, secure, and transparent transactions, eliminating the need for traditional intermediaries.

2. Rewards and Loyalty Program: The I HOUSE TOKEN also functions as a reward mechanism within the platform. Users can earn tokens by actively participating in the community, referring new members, or engaging in various platform activities. These earned tokens can then be used for discounts, upgrades, or other benefits within the platform.

3. Governance and Voting: Another use case for the I HOUSE TOKEN is in platform governance. Token holders can participate in voting processes to make decisions about the platform's future development, policies, or community initiatives. This gives the community a voice and fosters decentralized decision-making.

One specific case where the I HOUSE TOKEN is particularly beneficial is in cross-border real estate transactions. With the use of smart contracts and blockchain technology, the I House platform facilitates seamless cross-border transactions by eliminating geographical barriers and reducing transaction costs. The I HOUSE TOKEN serves as a unified medium of exchange, simplifying the payment process and ensuring transparency and security throughout the transaction.

It's worth noting that the specifics of the I HOUSE TOKEN's use cases may vary depending on the platform's features and updates. It's always recommended to refer to official documentation or consult the platform directly for the most accurate and up-to-date information.

What is DIA's I HOUSE TOKEN API?

DIA's I HOUSE TOKEN API is a part of DIA's comprehensive suite of API endpoints that provide real-time price feeds for various cryptocurrencies and NFTs. These price feeds are created by aggregating raw data from over 85 on-chain and off-chain exchanges, resulting in accurate and reliable information that sets DIA apart from other web3 data providers.

While DIA does offer free API endpoints for developers to test, the true value lies in the ability to customize and tailor the feeds according to specific needs. Custom API data feeds can be designed with specific sources, methodologies, update mechanisms, and more, ensuring that users can access the data they require in a format that suits their requirements.

The use cases for DIA's API are extensive and diverse within the blockchain ecosystem. For DeFi applications, the price information from DIA's API can be utilized in derivatives, options and futures trading, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. Similarly, NFTfi applications can benefit from DIA's price feeds for activities such as peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and more.

To request a custom feed, users can reach out to DIA through Discord or Telegram. The custom feeds offered by DIA allow for greater flexibility and customization, enabling users to access price data in a way that best meets their specific needs and preferences.

In summary, DIA's I HOUSE TOKEN API, along with their comprehensive suite of API endpoints, provides real-time price feeds for cryptocurrencies and NFTs. While DIA does offer free API endpoints for testing, customization options for data feeds allow users to tailor their access to price data according to their specific requirements. The use cases for DIA's API are vast within the blockchain ecosystem, making it a valuable resource for various applications.

What is DIA's I HOUSE TOKEN price oracle?

DIA's I HOUSE TOKEN price oracle is a smart contract that offers real-time price feeds for crypto assets. DIA stands out by integrating with over 35 layer 1 and layer 2 networks, allowing them to deploy price oracles on multiple blockchains. They source raw data from over 85 on-chain and off-chain exchanges, giving them access to billions of individual trades. This comprehensive data enables DIA to provide information that other web3 data providers cannot.

While DIA offers free demo oracles for developers to test, these are strictly for testing purposes and cannot be integrated into production applications. However, DIA also offers the option to build dedicated custom price feed oracles. These custom oracles can be tailored according to specific requirements, including sources, methodologies, and update mechanisms. To request a custom feed, users can reach out to DIA via Discord or Telegram.

DIA's price oracles have a wide range of use cases within the blockchain ecosystem. For DeFi applications, they can be utilized in derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. In the NFTfi sector, DIA's oracles can be used for peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and other applications.

Lastly, it's important to understand what a blockchain oracle is. A blockchain oracle acts as an external information provider that delivers verified data from outside the blockchain to smart contracts. Oracles play a vital role in connecting blockchain applications with real-world data, enabling them to operate efficiently and reliably.

Why use DIA's IHT API & price oracle?

DIA's IHT API and IHT Price Oracle offer numerous benefits for users in the blockchain ecosystem. One of the key advantages is the high level of customisation available. Users can tailor each oracle and API endpoint to meet the specific needs of their decentralised applications. Configuration settings such as the data sources, data cleaning filters, pricing methodologies, and update mechanisms can be adjusted to ensure the data and oracle remain robust and resilient to market conditions.

This customisation not only provides accuracy and reliability but also enables users to access a global market as well as specific individual or cross-chain market prices. By leveraging DIA's technology, users gain a tailored solution that caters to their unique requirements.

Transparency is another significant benefit offered by DIA's API and Oracle feeds. Users have full and granular visibility into the entire data journey, ensuring trust and accountability. Additionally, DIA provides tracking and monitoring tools that allow users to closely monitor the performance of their oracle and API feeds.

Overall, DIA's IHT API and IHT Price Oracle empower users with accurate, customisable, and transparent price data for cryptocurrencies and NFTs. This technology serves as a vital tool for developers and blockchain enthusiasts who require reliable and tailored solutions in their decentralized applications.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.