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What is DOT coin? Introduction to the DOT coin issue price, total amount and white paper
The Polkadot platform, powered by DOT coin, enables interoperability among blockchains, allowing for seamless communication and data sharing.
Oct 06, 2024 at 10:53 am
1. What is DOT Coin?
DOT coin is the native token of the Polkadot blockchain. Polkadot is a blockchain platform that allows different blockchains to connect and interoperate. DOT coin is used to pay for transaction fees on the Polkadot network, as well as to stake and vote on governance decisions.
2. DOT Coin Issue Price and Total Supply
DOT coin was initially issued in a public sale in August 2020 at a price of $0.50 per coin. The total supply of DOT coin is 1 billion coins.
3. DOT Coin White Paper
The DOT coin white paper was released on June 27, 2020. The white paper outlines the technical specifications of the Polkadot blockchain, as well as the use cases and economics of DOT coin.
Additional Information
- The DOT coin is ranked as the 11th largest cryptocurrency by market capitalization.
- The DOT coin is traded on a variety of cryptocurrency exchanges, including Binance, Coinbase, and Kraken.
- The Polkadot blockchain is currently in the development stage, and the DOT coin is expected to play a major role in the future of the network.
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