What is the total amount of ADA coins?

The total amount of ADA coins is 45 billion, distributed by the founders, Cardano Foundation, seed investors and ICO participants. Its uses include transaction fees, staking, and governance.

The total amount of ADA coins is 45 billion

ADA coins (ADA) are Cardano blocks The native token of the chain, founded in 2015 by Ethereum co-founder Charles Hoskinson. The total supply of Cardano has remained unchanged since its creation.

Issuance and distribution of ADA coins

The distribution of 45 billion ADA coins is as follows:

• Founder: Charles Hoskinson and his team retain 25.93% of ADA coins.
• Cardano Foundation: A non-profit organization responsible for the development of the Cardano blockchain and owns 24.23% of ADA coins.
• Seed investors: Early investors received 1.63% of ADA coins.
• ICO Participants: Adas was sold through a public offering (ICO) in 2017, raising $62.5 million, with 44.45% of Adas distributed.

Uses of Cardano

Cardano has a variety of uses on the Cardano blockchain, including:

• Transaction Fees: Users must use ADA coins to pay for the fees required to execute transactions.
• Staking: Holders can earn rewards by staking ADA to validator nodes, helping to secure the network.
• Governance: Cardano holders can vote on proposals regarding the future development of the Cardano blockchain, which is called "governance."

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