Home  >  Article  >  The total amount of BAT coins issued

The total amount of BAT coins issued

全网都在看
全网都在看Original
2024-04-29 11:27:48551browse

The total issuance amount of BAT coins is 1.5 billion, which is allocated to user rewards, BAT Ecosystem Foundation, User Growth Fund and team, advisors and early supporters. The issuance amount is fixed, helping to control inflation and maintain the value of the token.

The total amount of BAT coins issued

Total issuance of BAT coins

Total issuance: 1.5 billion

Detailed description:

BAT coin (Basic Attention Token) is a utility token issued by the Brave browser and is used to reward users for their attention to blockchain-based advertising content. Its total issuance is 1.5 billion, distributed as follows:

  • User rewards: 55% (825 million)
  • BAT Ecosystem Fund Society (BESF): 19.5% (292.5 million coins)
  • User Growth Fund: 15% (225 million coins)
  • Team, consultants and early supporters: 10.5% (157.5 million coins)

BESF is responsible for managing the issuance, distribution and utilization of BAT coins, aiming to promote the adoption of BAT coins and the development of the ecosystem. The User Growth Fund is used to reward users for promoting and using the Brave browser.

The total issuance of BAT coins is fixed, which means that no more BAT coins will be minted. This helps control inflation and ensures the value of the token remains stable over time.

The above is the detailed content of The total amount of BAT coins 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
Previous article:How about lrc currencyNext article:How about lrc currency