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What is the issuance and circulation volume of YGG coins?
YGG coin's circulating supply incrementally increases over time, starting with an initial 25 million and reaching its full issuance of 1 billion tokens in four years.
Nov 01, 2024 at 08:49 pm
The Yield Guild Games (YGG) coin, an Ethereum-based governance token for the play-to-earn gaming ecosystem, has a maximum issuance of 1 billion tokens. The initial circulating supply was 25 million tokens, with the remaining tokens being released gradually over a period of three years.
Token Issuance- Seed Sale: 11.5 million YGG tokens (1.15% of total supply) sold at $0.18 per token.
- Private Sale: 7 million YGG tokens (0.7% of total supply) sold at $0.25 per token.
- Public Sale (IDO): 6.5 million YGG tokens (0.65% of total supply) sold at $0.35 per token.
- Treasury/Foundation: 33% (330 million YGG tokens)
- Token Sale: 18.5% (185 million YGG tokens)
- Team/Advisors: 20% (200 million YGG tokens)
- Play-to-Earn Rewards: 16.5% (165 million YGG tokens)
- Esports Prize Pool: 8% (80 million YGG tokens)
- Marketing/Growth: 4% (40 million YGG tokens)
The circulating supply of YGG coins gradually increases over time as follows:
- Year 1: 25% of maximum supply (250 million YGG tokens)
- Year 2: 50% of maximum supply (500 million YGG tokens)
- Year 3: 75% of maximum supply (750 million YGG tokens)
- Year 4 and beyond: 100% of maximum supply (1 billion YGG tokens)
The YGG coin has a limited supply and a well-defined distribution plan, ensuring its long-term value and usability within the Yield Guild Games ecosystem. The coin's value is expected to grow alongside the adoption of play-to-earn gaming and decentralized gaming communities.
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