When was the ADA coin issued?

php editor Youzi will help you understand the issuance time of ADA coin. ADA coin is a cryptocurrency issued by the Cardano Foundation and was officially released on September 29, 2017. As the native token of the Cardano blockchain platform, ADA coin has attracted much attention in the market, and its issuance time has also become one of the focuses of investors' attention. The issuance time of ADA coins is of great significance for investors to understand the project background and future development. Therefore, timely understanding of the issuance time of ADA coins is crucial for investment decisions.

ADA coin is a digital currency based on blockchain technology, initiated and developed by the Cardano project. Cardano is an open source platform designed to provide more secure, sustainable and scalable blockchain solutions. The issuance of ADA coin can be traced back to 2017. Let us take a look at the ADA coin issuance timeline.

2015:

The Cardano project was first launched in 2015 by IOHK (Input Output Hong Kong). The company was founded by global blockchain expert Charles Hoskinson to improve and advance the development of blockchain technology. The Cardano project is a new open platform developed by the company to provide support for decentralized applications for ordinary users.

2017:

The Cardano project first raised funds publicly in 2017 to support the development and promotion of the ADA coin. The fundraising attracted widespread attention and became one of the largest ICOs in the blockchain space at the time. During the ICO, ADA coins were sold for 1 cent per ADA coin and raised $60 million in funding in less than two months.

September 2017:

The mainnet of ADA coin (Cardano blockchain) was launched on September 29, 2017. The launch of the mainnet marks the beginning of the official issuance of ADA coins. Unlike some other digital currencies, ADA coins are not issued once. Instead, it adopts a gradual issuance approach to ensure its decentralization and sustainability.

2021:

As time goes by, the issuance of ADA coins gradually increases. As of 2021, the total circulation of ADA coins has exceeded 32 billion. At the same time, the Cardano project is constantly developing and improving, constantly launching new features and upgrades to improve the performance and security of the platform.

future:

The Cardano project has clear plans for the future issuance of ADA coins. According to the project roadmap, ADA coins will continue to be issued incrementally until the issuance reaches 45 billion. After that, the issuance of ADA coins will stop and its total supply will be fixed at 45 billion coins. The issuance timeline of the ADA coin clearly shows the development process of the Cardano project. As an emerging digital currency, ADA currency has shown great potential in the blockchain field and has been favored by investors and users around the world. In the future, ADA currency is expected to continue to develop and grow with the continuous advancement of the Cardano project.

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