What is the issuance amount of APX (APX) coins?

APX's total supply of 100 million coins is allocated with 50% for ecosystem development, 25% for the team and advisors, 15% for a private sale, and 10% for a public offering.

Dec 24, 2024 at 09:26 am

Key Points:

APX issuance amount: 100 million
APX token distribution: 50% ecosystem development, 25% team and advisors, 15% private sale, 10% public sale

Detailed Explanation:

1. Total Issuance Amount

APX has a total issuance amount of 100 million coins.

2. Token Distribution

The APX token supply is distributed as follows:

Ecosystem Development (50%): This portion is used to fund the development of the APX ecosystem, including product development, marketing, and community building.
Team and Advisors (25%): This portion is allocated to the APX team and advisors, who contribute to the development and management of the project.
Private Sale (15%): This portion is allocated to early investors who participate in private funding rounds.
Public Sale (10%): This portion is available for purchase by the general public through public token offerings.

FAQs:

Q: What is the value of APX coins?
A: The value of APX coins fluctuates based on market demand and supply. As of February 2023, APX is trading at around $0.05 per coin.

Q: Where can I buy APX coins?
A: APX coins can be purchased on various cryptocurrency exchanges, such as Binance, KuCoin, and Gate.io.

Q: What is the purpose of APX coins?
A: APX coins are the native utility tokens of the APX ecosystem, a decentralized infrastructure platform for building Web3 applications. APX is used for transaction fees, governance participation, and ecosystem incentivization.

Q: What is the maximum supply of APX coins?
A: The maximum supply of APX coins is 100 million. Once this supply is reached, no more APX coins will be created.

Q: How is APX distributed?
A: APX is distributed as described in the token distribution breakdown: 50% ecosystem development, 25% team and advisors, 15% private sale, 10% public sale.

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