When was the Alkimi (ADS) coin issued?

Launched in May 2018, Alkimi (ADS) is an Ethereum-based token that enables staking, governance, and premium access within the Alkimi Exchange ecosystem.

Dec 28, 2024 at 03:33 pm

Key Points

• Alkimi (ADS) was launched in May 2018.
• ADS is an Ethereum-based token that plays a pivotal role in the Alkimi Exchange ecosystem.
• Users can leverage ADS for staking, governance, and accessing premium features on the platform.
• The total supply of ADS is capped at 1 billion tokens.
• ADS is currently ranked among the top 600 cryptocurrencies on CoinMarketCap.

Details

1. Launch Date

Alkimi (ADS) was officially unveiled in May 2018, coinciding with the launch of the Alkimi Exchange. The token was introduced as a vital component of the ecosystem, serving multiple functions within the platform.

2. Blockchain and Tokenomics

ADS is an ERC-20 token built on the Ethereum blockchain. It adheres to the strict standards and security measures of the Ethereum network. The total supply of ADS is fixed at 1 billion tokens, ensuring its scarcity and value over time.

3. Functionality

ADS holds great significance within the Alkimi Exchange ecosystem:

• Staking: ADS holders can stake their tokens to earn rewards and participate in the platform's governance. Staking contributes to the network's security and stability.
• Governance: ADS empowers holders with voting rights on proposals that influence the future development and operations of the Alkimi Exchange. This feature grants the community a voice in shaping the platform's trajectory.
• Premium Access: Certain premium features and services offered by the Alkimi Exchange are reserved exclusively for ADS holders. By holding a sufficient number of tokens, users can unlock advanced trading tools, reduced fees, and other exclusive perks.

4. Market Performance

ADS has established a solid position in the cryptocurrency market. It is currently ranked among the top 600 cryptocurrencies by market capitalization on CoinMarketCap. The token's performance has been marked by steady growth and increasing adoption within the Alkimi Exchange ecosystem.

FAQs

1. Where can I buy ADS?

ADS is available for purchase on several reputable cryptocurrency exchanges, including Binance, KuCoin, and OKX.

2. Is ADS a good investment?

The potential return on investment for ADS depends on various factors such as market conditions and the overall performance of the Alkimi Exchange. It is important to conduct thorough research before making any investment decisions.

3. How is ADS different from other exchange tokens?

ADS stands out from other exchange tokens by offering a unique combination of staking, governance, and premium access benefits, enabling holders to actively participate in the growth and development of the Alkimi Exchange.