Home  >  Article  >  How much is the ID coin issued?

How much is the ID coin issued?

王林
王林Original
2024-07-05 16:46:56207browse

The total circulation of ID coins is 10 billion, distributed as follows: purpose: 20%, team: 20%, foundation: 20%, private placement: 20%, public placement: 20%.

How much is the ID coin issued?

What is the issuance amount of ID coin?

ID Coin is a cryptocurrency designed for Internet data exchange. Its issuance is determined by its underlying blockchain protocol.

The total circulation of ID coins is 10 billion. These 10 billion ID coins will be gradually released over the next few years according to the scheduled release schedule.

Here’s how these 10 billion ID coins are distributed:

  • 20% Purpose: Allocated to various uses within the IDEX ecosystem, including community funding, rewards, and development.
  • 20% Team: Assigned to the IDEX team to support the ongoing development of the project.
  • 20% Foundation: Allocated to the IDEX Foundation to support the long-term growth and stability of the IDEX ecosystem.
  • 20% Private Placement: Sold through private placement to provide funds for project development.
  • 20% Public Offering: Sold through public offering to allow a wider audience to participate in the project.

The issuance of ID coins is strictly controlled to prevent inflation and ensure the stability of its value. By setting an issuance cap, the supply of ID coins will never exceed 10 billion, thereby enhancing its scarcity and potential value.

SPACE ID (ID) is experiencing turmoil in the market, with the price plunging 17% in the past 24 hours. With 24-hour trading volume reaching $295,719,37.89, the cryptocurrency has a circulating volume of 643,733,694.23555, a total supply of 2 billion, and a circulating market capitalization of $222 million. The price of SPACE ID is currently $0.34, and its value is constantly fluctuating, causing investors to be cautious.

The above is the detailed content of How much is the ID coin issued?. For more information, please follow other related articles on the PHP Chinese website!

Statement:
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn