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Is the circulation of ICP coins unlimited?

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2024-05-09 10:04:01337browse

The issuance of Internet Computer Protocol (ICP) coins is not unlimited, and its total supply is capped at 469,213,710 ICP. The limited issuance gives the ICP coin a scarcity that may affect its value, making it an important part of the decentralized Internet ecosystem.

Is the circulation of ICP coins unlimited?

ICP coin issuance: limited

The circulation of Internet Computer Protocol (ICP) coins is not unlimited. In fact, ICP coins have a fixed total supply capped at 469,213,710 ICP.

ICP Coin Issuance Plan

The total supply of ICP coins is distributed according to the following schedule:

  • Seed round: 6.25%
  • Early investors: 11.25%
  • Community airdrop: 25%
  • Community Developers: 12.5%
  • DFinity Foundation: 25%
  • Network Neurons : 20%

Scarcity of ICP coins

The limited circulation gives ICP coins scarcity, which may affect its value. As demand increases, scarce supply may cause its price to rise. However, supply and demand dynamics also affect the value of ICP coins.

Decentralized Network

ICP coin is the native token of the Internet Computer network. This network aims to create a decentralized internet platform that enables developers to build and deploy decentralized applications. ICP coins are used to pay network fees and reward nodes involved in network maintenance.

in conclusion

The issuance of ICP coins is not unlimited. Its total supply is capped at 469,213,710 ICPs. This limited supply gives ICP Coin scarcity, which may affect its value, making it a valuable component in the decentralized Internet ecosystem.

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