What currency is ADA and how many coins are issued?

php editor Zimo will introduce ADA coin to you today. ADA is the native token of the Cardano blockchain platform, with a total circulation of 45 billion. As an emerging cryptocurrency, ADA coin has attracted much attention in the blockchain field. The total issuance of ADA coins is relatively large, but the technology and potential behind it are attracting more and more investors and users. Next, we will delve into the characteristics, uses and future development prospects of ADA Coin.

What kind of coin is ADA and how many coins are issued?

ADA (Cardano) is a cryptocurrency based on blockchain technology. Its purpose is to build a sustainable and scalable financial system. The total issuance amount of ADA is fixed and will not exceed 45 billion.

ADA’s background

ADA is jointly developed by IOHK (Input Output Hong Kong), Cardano Foundation and EMURGO. It is the first fully open source blockchain platform designed to provide a more secure, sustainable and scalable digital financial infrastructure.

ADA’s issuance strategy

The total issuance amount of ADA is fixed, totaling 45 billion. These coins are not issued through ICO (Initial Coin Offering), but through multiple stages of token sales. ADA’s distribution strategy includes:

1. Pre-sale stage: In this stage, ADA tokens are first sold to individual investors and partners.

2. Socialization stage: Once the token sale in the pre-sale stage is completed, ADA begins to be sold to ordinary investors on the open market.

3. Stock sale: Stock sale refers to the sale of the ADA tokens held by the Cardano Foundation and EMURGO. The purpose of these token sales is to raise funds for the development and promotion of the project.

Distribution of ADA Tokens

The distribution of ADA tokens is based on a fixed ratio.

1. Research and Development: IOHK plans to retain approximately 17% of ADA for research and development to ensure continued technological progress.

2. Governance: The Cardano Foundation plans to reserve approximately 5% of ADA for the governance of the project to ensure community participation and decision-making rights.

3. Community: The majority of ADA tokens (approximately 70%) will be distributed to community participants to encourage broad adoption and support.

4. Sales: The remaining ADA tokens are distributed through pre-sale and social stage sales to raise funds for project development and promotion.

Summarize

ADA is a cryptocurrency with a fixed total issuance amount of 45 billion. It is issued through multiple stages of token sales, including pre-sale stage, socialization stage and stock sale. The distribution of ADA tokens is based on a fixed ratio, part of which is used for R&D and governance, the majority is allocated to community participants, and the remainder is used to raise funds through sales for project development and promotion.

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