When was the Forta (FORT) coin issued?

The FORT coin's initial coin offerings (ICOs) were held in September and October 2021, with a total of 60 million tokens issued during both rounds.

Dec 31, 2024 at 05:19 am

When was the Forta (FORT) coin issued?

Key Points:

1. Initial Coin Offerings (ICOs): The initial coin offerings for the FORT coin were held in two rounds.
2. Round 1: The first round of the ICO was held in September 2021, with a total of 30 million FORT tokens offered.
3. Round 2: The second round of the ICO was conducted in October 2021, with another 30 million FORT tokens offered.

Initial Coin Offerings (ICOs):

1. Round 1:

   • Conducted in September 2021
   • 30 million FORT tokens offered
   • Price: $0.01 per token
   • Raised: $300,000

2. Round 2:

   • Held in October 2021
   • 30 million FORT tokens offered
   • Price: $0.015 per token
   • Raised: $450,000

The total number of FORT tokens issued during both rounds of the ICO was 60 million. The funds raised during the ICOs were primarily used for the development and marketing of the Forta security platform.

FAQs:
Q: What is the purpose of the FORT coin?
A: The FORT coin is the governance token of the Forta security platform. It allows holders to participate in the platform's governance, including proposing and voting on changes to the protocol. FORT holders also benefit from staking rewards and airdrops of new tokens launched on the Forta platform.

Q: Where can I buy FORT coins?
A: FORT coins can be purchased on various cryptocurrency exchanges, including Coinbase, Binance, and FTX.

Q: What is the current price of FORT coins?
A: The current price of FORT coins can be checked on any major cryptocurrency exchange or through price tracking websites.

Q: What is the total supply of FORT coins?
A: The total supply of FORT coins is 1 billion. However, only a portion of this supply is currently in circulation.

Q: Is FORT a good investment?
A: The investment potential of FORT depends on various factors, including the adoption of the Forta platform, market conditions, and competition. It is important to conduct thorough research before making any investment decisions.